Technology development firm Pegasus Global Holdings is planning to build a city covering 20 square miles in the New Mexico desert—only no people will live there. In other news, sationary company Encore Studios unexpectedly closes its doors after 30 years in business, and Blu sets up shop with a 250,000 square foot manufacturing facility for building green homes in California.
Check out the headlines after the jump.
• Encore Studios Shuttered | Gifts and Decorative Accessories
• Blu Homes to Begin Building Green | Multivu
• Tech Firm to Build Real Life Sim City for Infrastructure Testing | Core 77