Sandoval County approves economic development agreement for rocket plant

Andrew Kreitz has a message for Sandoval County residents: this is a project you will want.

Kreitz, co-founder and chief financial officer of military contractor Castelion Corporation, spoke at Wednesday’s county commission meeting, offering new information on the proposed hypersonic rocket manufacturing and testing site in Rio Rancho Estates, known as Project Ranger in county documents.

His presentation focused on the economic benefits the company anticipates, the investment Castelion intends to make and the safety measures planned for the site. The presentation before the county commission was a condensed version of that shared earlier in Rio Rancho…

Story continues

TRENDING NOW

LATEST LOCAL NEWS