R.I.P Kristina Joy Smith

Kristina Joy Smith
Kristina Joy Smith

My sister Kristina Joy Smith died in Miami, Florida on Jan 6th 2015. She was 37 years old.

She was living in Marathon, Florida (located in the Florida Keys) where her boyfriend took her to the Fisherman’s hospital when she was complaining of leg pain. They airlifted her to Kendal Regional hospital on Dec 12th 2014 where it was determined she had Septic Shock.

My mom and I had made two trips to Miami during this time. It was pretty clear when we saw her that she was not going to survive. They had her on medications for the infection and her blood pressure, but she was not responding well to either one. Her hands and feet started to turn black due to the lack of circulation and her organs were failing.

It’s obviously been a difficult time for us and we are asking for help covering expenses. If your interested you can visit a donation page “Help pay for Kristina Smith’s funeral expenses“.

California Investor Delaying The Village at Rio Rancho

According to the article “Springer-Knight: Three reasons the Unser Gateway is raising investor eyebrows” at business insider, a California investor is delaying The Village at Rio Rancho.

Secondly, she said, retail clusters are emerging. Some are hers, like Unser Pavilion and the future Springer Plaza. But she said the long-idle Village at Rio Rancho is back on the radar and the hope is that plans will come back to life. The 65-acre spread is owned outright by a California investor — a situation that Springer-Knight speculated has kept him from feeling more of an urgency to move forward. She said the project has great potential as an outdoor, retail, mixed-use development much like ABQ Uptown. “We’re hopeful to get [the owner] back to the table,” she said.

At the rate they are going it won’t matter because I figure Intel will start winding down operations in 3 years and there won’t be anyone around to go there.

How Is AMREP Corporation Doing?

seekingalpha.com has a article about AMREP titled “Amrep’s Rio Rancho Dream May Turn Out To Be A Desert Mirage“. Everyone who lives in Rio Rancho should know about AMREP (especially if they live in one of their shitty houses). Overall the article indicates that the company’s media business is on the decline and it’s not well understood how much it’s real estate is worth.

It is currently a company that engages mainly in the business of subscription fulfillment services, newsstand distribution services and product packaging and fulfillment services as well as a bit of staffing businesses. We will call these businesses collectively as Media services and they make up pretty much all of the company’s business activities on a regular basis. The second aspect of the stock’s value is its large ownership of land in the city of Rio Rancho, New Mexico.

In the 1960s, AXR purchased the massive plot of land in Rio Rancho and it was mass marketed to people all over the world as a retirement home or an investment property. The 1960s ads marketed them as wonderful investments at a mere $10/month attracted investors worldwide and particularly from New York. AXR then sold thousands of plots to different investors without considering the future development possibilities of Rio Rancho. Thus, Rio Rancho is now left with the legacy of this antiquated platting method where any meaningful area for development has already been developed and most of the land left has been divided in ownership due to AXR’s own past plot sales.

Be sure to check out their website, which is as shitty as their houses.

Thoughts About GT Advanced Technologies

In November of 2013 azcentral.com reported “Apple to buy vacant Mesa building, bring 2,000 jobs to Valley

The deal, which was announced by GT in a regulatory filing Monday afternoon, is seen as a coup for Arizona, drawing excitement and praise from Gov. Jan Brewer, Mesa Mayor Scott Smith and a variety of economic-development officials.

Not even a year later the whole thing has fallen apart with GT Advanced Technologies filing for bankruptcy and laying off 727 people from the plant. I can’t help think about those people and how excited they must have been when the plant first opened and how shitty they feel today. I wonder if Tim Cook and the other managers at Apple are also thinking about these people loosing their jobs.

GT called it’s contract with Apple “oppressive and burdensome”. It makes me think that Apple is used to making whatever demands they want of Chinese companies and the Chinese companies get as much slave labor as needed to get done what ever Apple requests. GT was unable to respond like a Chinese company.. This could be bad for American manufacturing. Apple should be making their parts in America, but will they even try to work with another American company? Will another American company want to work with Apple? Will anyone learn anything from this?

I interviewed to work at GT in February of this year. I was not offered a job because I was unable pick up and move to Arizona immediately. I suspect I would have been offered a job as I think I was well qualified. I guess I could say that I was lucky I didn’t get laid off twice in one year. I don’t feel lucky, I just feel bad about the whole situation and everyone that is loosing their job.

More Non News On The Village At Rio Rancho

Village at Rio Rancho

I’m still waiting for The Village at Rio Rancho to open. According to the Albuquerque Journal “Unser corridor attracting more business, development“, the area is growing with business. But its not clear what is going on with The Village.

The Village at Rio Rancho, proposed for 65 acres across the street from Rust, remains preliminary, according to Geisel.

“We are excited that the developer is starting to make plans for the next steps in the project,” he added.

More Bad News For The Intel New Mexico Site

Nothing To See Here - Baghdad Bob
Nothing To See Here - Baghdad Bob
Nothing To See Here – Baghdad Bob

From the Albuquerque Journal “Intel RR loses next-generation investment

Intel Corp.’s plant in Rio Rancho has been passed over again for next-generation nanometer chip technology, but the plant is still an integral part of the company’s global production chain, New Mexico site manager Kirby Jefferson told the Albuquerque Economic Forum on Wednesday morning.

“This site was not selected for the 10 nanometer chips, that’s for certain,” Kirby said. “They will do it at other facilities. Seven nanometer is the next one, and we still don’t know where that will be.”

This is the third time New Mexico has been passed over for next-generation chip technology. The Rio Rancho site currently produces 32-nanometer chips, following a $2.5 billion investment in 2009 to upgrade the plant from 45-nanometer technology.

Now, being three cycles behind the curve makes it more difficult to compete for next-generation chips.

“The investment would have to be extremely high here, because we’re so far behind,” Kirby said.

The New Mexico Intel site hasn’t had the latest upgrades in 3 generations and the longer it goes without getting those upgrades the harder it is to get future upgrades. It seems to spell doom for the Intel New Mexico site.

“The New Mexico plant is front and center with what’s going on at Intel,” he said. “Intel is committed to this community. The thinking all the way up the chain is to keep this operation going.”

Call me skeptical. If I was a highly skilled worker at this site I would certainly see doom and gloom and I would be shopping my skills elsewhere, further adding to the decline of the site. If I recall correctly, when Intel was producing the Sandy Bridge processor the Intel New Mexico site was supposedly providing the majority of income to the whole Intel corporation buy producing the majority of those chips while the other sites were ramping up Haswell.

It feels as if the Intel management has kick the Intel New Mexico site to the curb.