Districts report 1,648 new businesses and expansions, 6,006 new jobs, 2,789 private building rehabilitations, $386M in private sector reinvestment, and over 386k volunteer hours since 2014.

The film tax credit credit generated ~$4.95B

The film tax credit generated an estimated $4.95B in total economic output in N.M. from FY2020 to FY2024, an average of nearly $1B per year.

Click Here

By The Numbers

invested in the state by major film and TV studios like Netflix and NBC

$ 1 B

sunshine-filled days
per year on average

0

national laboratories & major research universities

0

Maxeon Solar Builds New Facility in New Mexico

The Singapore-based company plans to build a 1.9 million-square-foot complex at Mesa del Sol in Albuquerque and employ up to 1,800 people at the New Mexico location.

Geobrugg picks Algodones, New Mexico for Expansion

A global leader in fence and safety protection, has been awarded state economic assistance to double its footprint in New Mexico, add 60 jobs, and create a North American manufacturing hub at its Sandoval County location.

Asian parts manufacturer picks New Mexico for expansion

The Taiwan-based manufacturer of automotive gears for North American and European clients including Tesla, has signed an agreement for a 30-acre parcel in the Westpark Industrial Park in Santa Teresa, N.M. and expects to hire 350 employees.

Franklin Mountain Packaging Announces New Mexico Expansion

Manufacturer specializing in high quality corrugated micro-flute sheets and digital print and die cutting, has signed a lease on a new 150,000-square-foot production center and warehouse facility, just one of several recent deals in New Mexico's Borderplex region.

Food Processing Company Picks Santa Teresa for Expansion

The vegetable-processing company has identified a 20-acre site in the Santa Teresa Gateway Rail Park and expects to begin construction this summer. When the facility opens in 2024, Oro plans to create 49 jobs in New Mexico with an average salary of $35,710.

Louisiana Pepper Exchange Expands Operations to New Mexico’s Borderplex

A global chile pepper company that mastered logistical innovations to market puree to restaurants and discerning foodies has announced a major expansion to New Mexico’s Santa Teresa Borderplex.

Check out our Resource Map!

Many resources are available for businesses and communities throughout New Mexico. Check out our map or add/update your listing today!

Meet Your Regional Reps

The Community, Business & Rural Development staff (CBRD) are located in the regions they serve in every corner of the state. They are your first stop when you need assistance for your business or community. Your rep can help you navigate EDD programs and help you get the answers you need. Learn more about CBRD.

Northeast

Northwest

Albuquerque & Surrounding Area

Southeast

Southwest

North Central

Northeast New Mexico

More plains than peaks, this region’s serene, short-grass prairie is dotted with hidden lakes. Once the domain of Santa Fe Trail pioneers and cattle barons, the northeast remains home to working ranches, dairy production, storied stops along Route 66, and the state’s large portfolio of wind farms.

Places:

Angel Fire
Cimarron
Clayton
Eagle Nest

Las Vegas

Mora
Mosquero

Raton

Santa Rosa

Tucumcari

Ready to Talk?

Our regional economic development expert can help with your professional questions.

Tim Hagaman
Region 4 Representative
(505) 862-2322
Tim.Hagaman@edd.nm.gov

Northwest New Mexico

This region is home to many of New Mexico’s tribes, pueblos, and nations including the Navajo Nation, Zuni, the state’s largest pueblo, and the Jicarilla Apache Nation. Internationally recognized arts and culture combine with outdoor recreation, plus oil & gas resources and a growing renewable energy portfolio, including a 50-megawatt facility slated to be the third-largest solar project on tribal land in the nation.

Places:

Aztec
Bernalillo
Bloomfield
Cuba
Farmington
Gallup
Grants – Milan
Navajo Dam
Rio Rancho

Ready to Talk?

Our regional economic development expert can help with your professional questions.

Region 1 Representatives:

Lorraine Ruggles
Bernalillo Office
(505) 490-7662
Lorraine.Ruggles@edd.nm.gov

Steve Urban
(505) 699-4966
Steve.Urban@edd.nm.gov

Albuquerque & Surrounding Areas

Albuquerque, abbreviated as ABQ, is the most populous city in the U.S. state of New Mexico. Home to the University of New Mexico, Sandia National Laboratories, Kirtland Air Force Base, and several major healthcare employers, the economy of Albuquerque centers on science, medicine, technology, commerce, education, entertainment, and culture.

Places:

Albuquerque
Belen
Los Lunas
Moriarty

Ready to Talk?

Our regional economic development expert can help with your professional questions.

Central New Mexico Representatives (Region 3):

Yuriria Morales-Mangone (Habla Español)
(505) 479-2308
Yuriria.Morales@edd.nm.gov

Beth Waldrip
(505) 470-4339
Beth.Waldrip@edd.nm.gov

Southeast New Mexico

Known for its stunning outdoor recreation, this region offers epic blue skies, snowy mountain peaks, incredible vistas at White Sands National Monument, and the irresistible spectacle of Carlsbad Caverns National Park. Industries include oil and gas, tourism, and energy, along with arts, culture, and history that range from fine art to the truly out-of-this-world UFO culture.

Places:

Alamogordo
Carlsbad
Cloudcroft
Clovis
Fort Sumner
Hobbs
Roswell
Ruidoso

Ready to Talk?

Our regional economic development expert can help with your professional questions.

Region 6 Representatives:

Jim Lucero
(575) 749-5336
Jim.Lucero@edd.nm.gov

Kevin Wilson
(575) 416-7709
Kevin.Wilson@edd.nm.gov

Southwest New Mexico

Traditionally a region for mining, agriculture, and trade, this region has significantly diversified while maintaining its roots. Agriculture and value-added production, including around its world famous green chile and pecans, play a major economic role in the region as does aerospace and aviation, arts and culture, and a quickly growing port of entry with Mexico. Plus a more galactic port of entry in the form of Spaceport America.

Places:

Bayard
Bernardo
Chloride
Columbus
Deming
Elephant Butte
Glenwood
Hatch
Hillsboro
Hurley
Kingston
Las Cruces
Lordsburg
Magdalena
Mesilla
Pie Town
Rodeo
Santa Clara
Socorro
Silver City
Truth or Consequences

Ready to Talk?

Our regional economic development expert can help with your professional questions.

Region 5 Representative:

Julia Brown
(575) 419-0499
Julia.Brown@edd.nm.gov

David White
(575) 463-5809
david.white@edd.nm.gov

North Central New Mexico

Known for tremendous natural beauty, northern New Mexico is home to mountain landscapes, natural hot springs, and wild rivers, all of which have drawn artists for generations to Abiquiú, Santa Fe, and Taos. Eight Native American pueblos dot the region, and six ski areas draw visitors for year-round recreation. Tourism and travel play a large part in the region economically, as does film & TV production, ranching, and outdoor recreation.

Places:

Abiquiu
Cerrillos
Chama
Española
Los Alamos
Ojo Caliente
Questa
Red River
Santa Fe
Taos
Tierra Amarilla
Truchas

Ready to Talk?

Our regional economic development expert can help with your professional questions.

Region 2 Representatives:

Peter Mitchell
(505) 570-7796
Peter.Mitchell@edd.nm.gov

Paige Ryan
(505) 412-5036
Paige.Ryan@edd.nm.gov

Learn About Our Target Industries

Aerospace

An ideal climate, three national research laboratories, three US Air Force Bases, the internationally recognized Spaceport America, and three testing facilities plus 15,000 square miles of restricted air space all combine to create a superior environment for aerospace and aviation companies.

Outdoor Recreation

Home to 5 national forests, 15 national parks and monuments, 34 state parks, and 26 wilderness areas, New Mexico’s outdoor industry covers everything from bicycling to skiing, stargazing to hot air ballooning, and a range of stunning landscapes and cultural and historical sites. The Outdoor Recreation Division is managed by the New Mexico Tourism Dept.

Visit the Website >

Film and Television

With $5.75 billion being invested as part of production centers created by Netflix and NBCUniversal, New Mexico is a rapidly accelerating media hub and offers beautiful locations, history, culture, and one of the largest crew bases in the country, plus a very generous refundable tax credit.

Intelligent Manufacturing

The state’s deep bench in intelligent manufacturing includes tech industry leaders like Intel along with homegrown companies. Low risk of weather events and a stable, dry, high altitude climate combine with customized incentives to make New Mexico a top tier option for advanced manufacturing.

Sustainable and Value-Added Agriculture

Chile Capital of the World, check. We’re also recognized for cattle ranching and farming, and New Mexico leads in dairy production (top 10 in milk, top 5 in cheese), growing pecans, pistachios, and peanuts, creating gold medal craft beer and wine, and a fast growing farm to table and organic produce industry.

Sustainable & Green Energy

With 300+ days of sunshine annually, the state contains tremendous untapped solar capacity, not to mention a growing wind and biothermal energy sector, too. As of 2020, renewable energy provided 27% of the state’s utility-scale net generation.

Biosciences

Biosciences make up more than one-half of all R&D conducted in New Mexico, and there is a strong pipeline from the state’s 3 major research institutions as well as tech transfer initiatives into 600+ companies and organizations.

Cybersecurity

Both of the state’s U.S. Department of Energy labs conduct extensive research in cybersecurity, complemented by work done at the Air Force Research Lab and White Sands Missile Range as well as New Mexico Tech, University of New Mexico, and a growing cluster of firms in the cybersecurity industry.

Global Trade

New Mexico exports more than $3.5B in goods worldwide. Computer & electronic products, at $2B, is the largest category of products exported. The state is also a destination for foreign direct investment, with companies including CN Wire, Admiral Cable and Rhino Health manufacturing products here.