Data science company adding jobs in downtown Albuquerque
September 18, 2018 05:26 PM
ALBUQUERQUE, N.M. - On Tuesday, an Albuquerque data science company announced plans to add 80 new jobs over the next five years.
RS21 also said it will invest more than $2 million to renovate its headquarters.
The company’s president and founder, Charles Rath, told KOB, “And now we’re expanding another 13,000 sq. ft. to accommodate our growth.”
The company has about 40 employees and most of them work out of its downtown office, located inside the Occidental Life building.
Through this expansion, RS21 will fill the building with over 100 new data scientists, developers, UI/UX designers, and other experts in emerging tech fields.
Economic Development Cabinet Secretary Matt Geisel said, “These are the jobs that parents tell me they want their kids to get. These are the jobs that kids graduating from UNM, CNM, New Mexico Tech., New Mexico State, -- types of jobs that keep them in New Mexico.”
The state will give RS21 $800,000 for the expansion through the state's closing fund, known as LEDA.
"Through the business-friendly reforms of Governor Martinez, we continue to drive positive outcomes for our homegrown companies and our business-friendly climate encourages companies to not only choose New Mexico but to stay and grow here," Geisel said.
Rath told KOB that adding 80 jobs is a “modest goal” but he hopes to add hundreds of jobs in the coming years.
Updated: September 18, 2018 05:26 PM
Created: September 18, 2018 04:25 PM
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