High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Texas CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Texas  + State of Texas  + Industrial  | 
El Paso to kick of Innovation Factory for budding aerospace companies

El Paso Aerospace Incubator to Start With Five Hopefuls

El Paso is taking advantage of a $40 million federal grant to grow its defense and aerospace manufacturing industry. Five companies and a University of Texas at El Paso 3D-printing training program will use a 30,000-square-foot facility to develop advanced manufacturing capabilities for component manufacturers in the defense and aerospace industries. The Innovation Factory will be housed in a long-vacant cargo space at the El Paso International Airport.

It’s located across George Perry Boulevard from 250 acres of vacant airport land where an industrial park for manufacturers, named the Advanced Manufacturing District, will be developed beginning next year. Among the companies, is Infinite Elements: A 2-year-old El Paso company that’s developing technology to remove metals from waste electronics and make magnets for electric vehicle motors and wind turbines.

The city will use $25 million from the $40 million federal grant to construct the first three buildings, with a total of 250,000 square feet, in the manufacturing district. Construction is expected to begin by early 2024.

Connect

Inside The Story

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Development
  • ◦Policy/Gov't