Economy

Even in rough economic times, Metro New Mexico's economy remains strong and the region consistently ranks as a great place to do business. Whether you want to relocate, open a new facility, branch location, or expand an existing facility, Metro New Mexico offers:

• Available properties - land, commercial and industrial buildings offer a choice for site selection
• Financial incentives including industrial revenue bonds, in-plant training funds, and a variety of tax credits and deductions to encourage business growth
• A powerful infrastructure for transportation, telecommunications, power and water that makes development easy
• Multiple industry clusters offering plenty of networking, as well as access to support services, suppliers,and marketing
• Unique partnership opportunities with national labs, a research university, and technology businesses to support your research and commercialization efforts
• Governments committed to economic development to bolster your growth
• Business-friendly environment where local politicians and government officials are a phone call away
• Fast-to-market programs that will move your project quickly, from a fast-track permitting process to customized incentives analysis
 

In addition, Metro New Mexico's economy and technology clusters are powered by world class institutions including Los Alamos National Laboratories, an Air Force Research Lab, active trade associations, and the University of New Mexico. This translates into strong economic sectors for the region that include:

• Aviation/aerospace
• Backoffice and Call Center Operations
• Biotechnology
• Defense Industry
• Electronics
• Entrepreneurship
• Film & Media
• Information Technology
• Manufacturing & Machining
• Solar & Green Technology

These technology industries benefit from the region's extensive precision machine industry and the after-market support provided by rapidly-growing operations centers.