Business Digest 4/13
April 12, 2004
Wells Fargo adds to commercial staff
Wells Fargo has added Paul Mondragon as new relationship manager, to deliver financial services to businesses with annual sales of more than $15 million.
“Paul has experience working with a broad range of businesses, from the smallest to the largest. We’ll tap his knowledge to help New Mexico companies grow and succeed financially as they move through each stage of development,” said Richard Ziegner, head of the bank’s New Mexico Regional Commercial Banking Office.
The additional of Mondragon brings the local commercial banking team to 10 people, up from seven just six months ago, according to a Wells Fargo news release.
Small business awards planned
WESST Corp., a statewide nonprofit business assistance program based in Albuquerque, wants to present awards to small business owners who have demonstrated success in business.
Nominations can be made online at
Award recipients receive a cash award and an engraved plaque, and will be honored June 4 during the Fifth Annual Entrepreneurial Leadership Awards luncheon at the Albuquerque Hilton.
The PNM Entrepreneurial Leadership awards are designed to acknowledge the accomplishments of New Mexico’s smallest women- and minority-owned businesses.
Wal-Mart plans grand re-opening
The Clovis Wal-Mart Supercenter plans to have a grand re-opening celebration at 8 a.m. on May 4.
The facility at 3728 Prince was recently remodeled.
Bingaman opposes lifting of import ban
U.S. Sen. Jeff Bingaman was among 10 senators last week who called on the U.S. Department of Agriculture to eliminate a proposal lifting a ban on importing cattle from Canada, according to a news release from his office.
The ban has been in effect since may 2003, after the discovery of bovine spongiform encephalopathy (BSE) or Mad Cow Disease in a Canadian cow.
“We do not believe USDA should lower U.S. standards to allow imports of cattle and beef from countries that do not meet our current high standards for detection and prevention of animal diseases,” the senators said in a letter to USDA Secretary Ann Veneman.
The news release did not state who the other nine senators were.
The business digest is compiled by CNJ Staff Writer Glen Seeber. He can be contacted at 763-6991 or: