NEW MEXICO ECONOMIC DEVELOPMENT DEPARTMENT
June 2022 county and state summaries just released.
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Empower and Collaborate - New Mexico's Economic Path Forward: A Comprehensive Statewide Strategic Plan
The Community, Business & Rural Development staff (CBRD) are located in the regions they serve in every corner of the state. They assist businesses and communities in a broad variety of economic development needs. Learn more about CBRD.
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.
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Our regional economic development expert can help with your professional questions.
Tim HagamanMora Office(505) 862-2322Tim.Hagaman@state.nm.us
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.
Lorraine RugglesBernalillo Office(505) 490-7662Lorrainel.Ruggles@state.nm.us
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 outlets.
Max GrunerAlbuquerque Office: (505) 412.5036Tribal LiaisonMax.Gruner@state.nm.us
Known for its stunning outdoor recreation, the 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-ness of UFO culture.
Susie RussellRoswell Office(575) 626-6653SusanL.Russell@state.nm.us
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 along with 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.
Louise MarquezLas Cruces Office(575) 430-1232Louise.Marquez2@state.nm.us
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.
Peter MitchellSanta Fe Office(505) 827-2199 or (505) 570-7796Peter.Mitchell@state.nm.us
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.
“Our Virgin Galactic adventure has been intertwined with New Mexico and Spaceport America right from the start.
New Mexico will become one of the very few places on this beautiful planet of ours, which regularly launches humans into to space.”
With $3B+ being invested as part of productioncenters 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.
“New Mexico provides an outstanding production and business environment in close proximity to Los Angeles with some of the best crews and creative talent in the world.
It allows us to be more nimble in executing our production plans while cementing the status of the region as one of the leading production centers in North America.”
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.
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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 swimming to skiing, stargazing to hot air ballooning, and a range of stunning landscapes and cultural and historical sites.
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.
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.
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.
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.
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.
EDD wishes you all a happy and healthy 4th of July! #NMEcon https://t.co/b7j2ktHyQ2
Another great move toward equity in New Mexico and a great celebration on this Independence Day. New Mexico joins 15 other states and almost 150 countries around the world enacting laws requiring some form of paid sick leave. #NMEcon
Employees who can take care of themselves and their families will ultimately spend less on healthcare costs, which in turn can decrease costs for employers who offer health plans as well. Faid sick leave. It's the right thing to do. #NMEcon
Healthy Workplaces Act ensures all N.M. employees get sick leave and can take better care of their families. When workers are sick they are unproductive. When families are sick people lose pay. Healthcare costs rise, increased turnover. #NMEcon
Starting July 1 N.M. employees must begin to accrue at least 1 hr of paid sick leave for every 30 hrs worked. Employers may also do a rolling accrual, or frontload. Our workers deserve equal respect and employers an even playing field. #NMEcon
RT @Spaceport_NM: Come and find the team at the International Space Hall of Fame Bang Festival in Alamogordo #BIGBANG #MeetTheTeam #Spacepo…
RT @Spaceport_NM: @FastHawkPottery We have hosted over 400 rocket launches, UAV flights, Thunderbird training missions, Spaceship and helic…
RT @Spaceport_NM: @brave_new_earth We have had 2 human spaceflights at Spaceport. Most of our customers are focused on r&d suborbital missi…
RT @GovMLG: EFFECTIVE TODAY:
The minimum salary levels for New Mexico teachers have been increased by $10,000!
We're making New Mexico te…
RT @NMDWS: New Mexico is now requiring all private sector employers, regardless of size, to let all employees earn paid sick leave at the r…
New Mexico EconomicDevelopment DepartmentJoseph M. Montoya Building1100 S. St. Francis DriveSanta Fe, NM 87505-4147
Mailing Address:New Mexico EconomicDevelopment DepartmentP.O. Box 20003Santa Fe, NM 87504-5003
Main number: (505) 827-0300 (se habla español)Fax: (505) 827-0328
The mission of the New Mexico Economic Development Department is to Improve the lives of New Mexico families by increasing economic opportunities and providing a place for businesses to thrive.
New Mexico Economic Development Department. All Rights Reserved.