Overview
- The Sandoval County Commission will vote Wednesday on an ordinance to support construction of Castelion’s proposed Project Ranger facility.
- More than 100 residents packed a meeting at Cielo Azul Elementary to question potential impacts near the Northern Meadows and Camino Crossings neighborhoods.
- Castelion’s CFO told neighbors the site would not conduct heavy chemical synthesis, would not launch anything on site, and would not use processed water in producing solid rocket motors.
- The county previously approved $125 million in industrial revenue bonds under a lease-to-own model in which the county holds the land, buildings, and equipment for about 30 years.
- Project backers project roughly 300 jobs with average pay near $100,000 and say the motors would go into long-range hypersonic missiles, while the other finalist locations remain undisclosed.