Estancia Valley Economic Development Association

The Estancia Valley Economic Development Association (EVEDA) is the region’s liaison to support your business needs. Since 2001, EVEDA has been instrumental in bringing hundreds of new jobs to the valley, which will result in millions of dollars of economic impact.

We stand ready to help your company soar!

As a membership-based organization, EVEDA’s goal is to support the development of a rewarding quality of life in the valley while reinforcing the unique characteristics of our communities through building jobs that will generate disposable income and tax revenue. Growth and economic development, through infrastructure, education and jobs, will enable present and future generations prosper and soar in our valley.

Working in close partnership with local, state, and regional organizations as well as local businesses, realtors, developers, large landowners and financial institutions, EVEDA facilitates economic development by actively recruiting new businesses and assists in the retention of existing businesses in the Estancia Valley.

EVEDA also provides support to new and expanding businesses by introducing them to state and other incentive programs such as tax initiatives, training programs, and much more.

EVEDA is one of the top economic development organizations in New Mexico and is the recipient of numerous awards recognizing our commitment to our business and our region. Myra Pancrazio was awarded the 2014 Economic Developer of the Year.

EVEDA invites you to contact our Executive Director, Myra Pancrazio, at (505) 832-5428 or (505) 252-0252, e-mail for more information.

2020 annual report

Click to download/view our Annual Report.


Betty Cabber – Chairman (Retired Torrance County Assessor)
Dave Tixier – Vice Chairman (Magnum Steel Buildings)
Steve Jones – Secretary (NM Magistrate Judge Pro-tem)
Bill Williams – Treasurer (Past Torrance County Commissioner)
Steve Anaya – Exec. Officer (Council – Moriarty)
Leroy Candelaria – Exec. Officer (Torrance County Commissioner)
Phil Anaya – Exec. Officer (Council – Edgewood)
Bobby Ortiz- Exec. Officer (EMW Gas)
Morrow Hall – Exec. Officer (Estancia Trustee)
Rudy Garcia – Exec. Officer (Santa Fe County Commission)
Alena Brandenberger – Exec. Officer (CNMEC)


Torrance County Santa Fe County Town of Estancia Town of Edgewood City of Moriarty

EMW Gas CNMEC Avangrid Inc. Plateau Wells Fargo Bank NV5

Klinger Constructors LLC Magnum Steel Buildings Sandia Science & Technology Park Pattern Energy

Western Spirit Transmission Garland / Gibney Development EVSWA


Jason Marks USDA Rural Dev. Village of Willard Village of Encino Town of Mountainair Albuquerque

Soaring Club Dennis Wallin Gary King Steve & Dolores Jones ReNew NM

Sierra Blanca Brewery Daniels Insurance Bill Williams Reader & Assoc., Betty Cabber Kathy McCormick

Let us answer your questions about Estancia Valley