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Roswell makes 2020 list for business deals

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Roswell has been identified as a top smaller city for business growth by an industry publication for corporate real estate strategists and economic development professionals.

Roswell tied for 32nd on the 2020 Top Micropolitans list, as published in the March 2021 edition of Site Selection magazine. A micropolitan is defined as cities with populations of 10,000 to 49,999. All cities that tied for 32nd had attracted three major industrial projects during the year.

Roswell was the only city in New Mexico and the only municipality in the western United States to make the micropolitan list, according to Mike Espiritu, the president of the Roswell-Chaves County Economic Development Corp.

Espiritu credited Roswell’s inclusion to start-ups or expansions by Ascent Aviation Services of Arizona, which intends to begin operations at the Roswell Air Center by 2022; Sceye Inc., an airship development company with sites here and in Moriarty; and USA Beef Packing Inc., a beef and meat slaughter and processing business.

The magazine determines rankings by information it compiles regarding capital investment, new jobs and square footage of new space rented or built.

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New Mexico officials also supplied information to the magazine about economic development efforts that showed that Sceye and Ascent also were among the biggest deals of 2020 for the state. Ascent was described as a project representing $18 million in investment and 150 jobs, while Sceye was described as bringing $50 million in investment and 140 jobs to the state.

Albuquerque and Las Cruces also appeared on the Mountain regional rankings for metropolitan areas. Albuquerque tied for fifth with eight major projects for 2020, while Las Cruces tied for seventh with six projects.

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