In a move to expand its production of mobile communications devices, an Albuquerque-based company is planning to move into and upgrade a 16,000 square foot facility on the north side of the city.
3D Glass Solutions says it will spend up to $23 million in the move to and upgrading of the facility, more than tripling its current 5,000 square feet of working space at 5201 Venice Avenue NE.
The company, which invented and produces APEXGlass, a glass ceramic material for etching three-dimensional electronics components into chips, says it will initially use about 10,000 square feet for its production purposes.
But future plans call for expanding to 16,000 square feet in response to consumer demand.
3D Glass Solutions is receiving around $2 million in Local Economic Development Act support, but is also hoping to secure industrial revenue bonds through the approval of the Bernalillo County Commission.
That body is expected to vote on those bonds in its scheduled November 13 meeting.
What the exact dollar value of the bonds will ultimately be is not yet known, although the company had earlier said they were hoping for up to $25 million.
Also manufacturing high gain antennas and IPD-ready components, the private high-tech company was founded in 2008 and was recently lauded by New Mexico Economic Development Cabinet Secretary Matt Geisel who called it a “true economic success story.”
The exact location of where 3D Glass Solutions will move to and build at has not yet been officially announced.
By Garry Boulard
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