Case study: Project Ranger

Dirt moves fast here.

A defense manufacturer searched the country for 1,000 acres and a county that could move. Sandoval County was one of three locations in the running. This is the clock.

147

days from IRB vote to groundbreaking

Aug 27, 2025 to Jan 21, 2026

1,000

acres in unincorporated Sandoval County

$220M+

private investment

300+

high-paying manufacturing jobs

$650M

estimated economic impact over ten years

The clock

Vote to shovels, milestone by milestone

  1. Prep

    Jun 2025

    The county gets ready

    The commission begins a run of 12 project actions, months before the announcement.

  2. Day 0

    Aug 27, 2025

    $125M in bonds approved, unanimously

    Sandoval County is one of three locations in the running, and the other two are out of state. The bonds are conduit financing, so no county dollars are at risk.

  3. Sept

    2025

    Leases finalized, notice of intent filed

    Land control and paperwork are in place two months before the announcement.

  4. Day 56

    Oct 22, 2025

    Local incentive agreements approved

    County economic development (LEDA) agreements follow the bonds. State, city and county development funds total roughly $10M.

  5. Day 78

    Nov 13, 2025

    Rio Rancho signs on

    City resolutions cover funding, water service and the road extension agreement.

  6. Day 82

    Nov 17, 2025

    Castelion selects Sandoval County

    The company calls it a highly competitive nationwide search and cites talent and regional infrastructure.

  7. Day 147

    Jan 21, 2026

    Groundbreaking

    65 days after selection, on 1,000 acres of undeveloped land. $220M+ in private investment and 300+ jobs.

  8. Day 307

    Jun 30, 2026

    15 of 21 first-phase buildings complete

    Operations are targeted for year-end. In mid-June the Navy placed a $23.4M order for prototypes.

Got a project on a clock?

Talk to SEA about locating or expanding in Sandoval County. Confidential, free, and tailored to your site criteria.

Sources: Sandoval County Commission records (Aug 27 and Oct 22, 2025); Castelion Corp. releases (Nov 17, 2025 and Jan 21, 2026); Rio Rancho Observer; Albuquerque Journal; Sandoval Signpost. Investment, jobs and economic impact figures are Castelion's estimates.