Posted at: 01/09/2014 8:27 AM
By: The Associated Press
Republican Allen Weh (left) is eyeing Democratic U.S. Sen. Tom Udall's (right) seat.
ALBUQUERQUE, N.M. (AP) - An Albuquerque businessman who lost the GOP gubernatorial primary four years ago is setting his sights on Democratic U.S. Sen. Tom Udall's seat.
Republican Allen Weh is scheduled to announce his candidacy Thursday morning.
A veteran and former New Mexico Republican Party chairman, Weh is CEO of CSI Aviation Services. That's a charter aircraft and leasing company he founded more than 30 years ago.
Weh has deep pockets. In 2010, he finished second behind Gov. Susana Martinez in a five-way GOP primary after lending his campaign $1.6 million.
Udall is making his first bid for re-election after winning the seat held for more than 30 years by retired Republican Sen. Pete Domenici. The most recent federal reports show he had cash-on-hand of $1.86 million.
(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)