Features
FY2009 Co-Op Advertising Amounts Announced
65 New Mexico communities and non-profit organizations will share $395,550 as part of the Economic Development Departments Co-op Advertising Program. The program helps communities, community organizations and nonprofits promote economic development projects by reimbursing them for a percentage of their related advertising or marketing costs. Cabinet Secretary Fred Mondragón stated, “The Co-op Advertising Program continues to grow and expand by providing valuable opportunities to our community organizations around the state.”
Here is a list of recipients and totals-
| Acoma Pueblo for Acoma Business Enterprises | $3,900.00 |
| Adventure Gallup & Beyond | $3,100.00 |
| Albuquerque Independent Business Alliance | $1,300.00 |
| Artesia Chamber of Commerce | $5,400.00 |
| Artesia MainStreet, Inc. | $1,600.00 |
| ARTSmart | $4,300.00 |
| Carlsbad Department of Development | $11,000.00 |
| Chaves County Development Foundation | $7,500.00 |
| Cibola Communities Economic Development Foundation | $5,100.00 |
| City of Deming | $4,000.00 |
| City of Jal | $700.00 |
| City of Las Cruces | $2,700.00 |
| City of Portales | $3,400.00 |
| City of Santa Fe | $11,000.00 |
| City of Santa Rosa | $5,300.00 |
| City of Socorro | $5,600.00 |
| Clovis Industrial Development Corporation | $11,000.00 |
| Clovis/Curry County Chamber of Commerce | $8,900.00 |
| Corrales Main Street | $8,400.00 |
| Downtown Action Team | $8,900.00 |
| Eastern NM Economic Development Alliance | $8,900.00 |
| Economic Development Corporation of Lea County | $11,000.00 |
| Esquela del Sol/Harwood Art Center | $750.00 |
| Estancia Valley Economic Development Association | $2,100.00 |
| Farm to Table, Inc. | $7,200.00 |
| Fort Sumner Community Development Corporation | $7,200.00 |
| Grants Mainstreet | $3,000.00 |
| Greater Belen Economic Development Corporation | $2,700.00 |
| Greater Tucumcari Economic Development Corporation | $3,900.00 |
| Hatch Valley Chamber of Commerce | $2,100.00 |
| Hidalgo County | $8,900.00 |
| Indian Arts & Crafts Association | $2,200.00 |
| Las Cruces Downtown | $10,400.00 |
| Las Vegas San Miguel Economic Development Inc. | $11,000.00 |
| Los Alamos Commerce & Development Corporation | $3,900.00 |
| Lovington Economic Development Corporation | $3,200.00 |
| Lovington Mainstreet | $4,400.00 |
| Mesilla Valley Economic Development Alliance | $11,000.00 |
| Metro New Mexico Development Alliance | $7,000.00 |
| Mora Valley Chamber of Commerce | $2,400.00 |
| Museum of NM Foundation | $10,000.00 |
| Navajo Nation | $8,200.00 |
| New Mexico Biotechnology & Biomedical Association | $1,700.00 |
| New Mexico Optics Industry Association | $4,500.00 |
| NM Wine Growers Association | $8,900.00 |
| Otero County Economic Development Council, Inc. | $5,500.00 |
| Professional Aerospace Contractors Association of New Mexico | $1,100.00 |
| Raton Chamber and Economic Development Council, Inc. | $6,800.00 |
| Rio Rancho Economic Development Corporation | $11,000.00 |
| Roosevelt County Community Development Corporation | $7,000.00 |
| San Juan Economic Development Service | $11,000.00 |
| Sandoval County Economic Development | $11,000.00 |
| Santa Fe Council for the Arts, Inc. | $5,300.00 |
| Santa Fe Gallery Association | $2,300.00 |
| Santa Fe Hispanic Chamber of Commerce | $7,000.00 |
| Santa Fe Independent Business & Citizens Alliance | $11,000.00 |
| Schuler Restoration Commission Inc. | $6,400.00 |
| Sierra County Economic Development Organization | $2,000.00 |
| Socorro County Chamber of Commerce | $8,900.00 |
| Southern NM State Fair | $4,800.00 |
| Touchstone Foundation, Inc. | $11,000.00 |
| Town of Red River | $3,200.00 |
| Union County Community Development Corporation | $10,400.00 |
| Village of Angel Fire | $8,900.00 |
| Village of Bosque Farms | $1,300.00 |
| $395,550.00 |
OIT Gives New Mexico Businesses Access to Foreign Markets
The New Mexico Economic Development Department’s Office of International Trade (OIT) has announced two new Access Business Development Missions to help state companies venture into foreign marketplaces. The Access Europe Mission to Germany and Spain (September 8-17, 2008) and Access Asia Mission to Japan and China (November) will provide the opportunity to partake in customized business meetings, educational briefings and in country briefings to aid in overseas business activities.
Companies interested in taking part in either of these Access Mission trips can register now with the Office of International Trade by calling the Economic Development Department at 505-827-0300. Companies will be charged a $500 fee for mission-related expenses and are responsible for their own travel expenses such as airfare and hotel. For more information on the OIT, log onto www.tradeNM.com.
MainStreet’s Road to FY2008 Success
New Mexico’s 22 MainStreet affiliates did thriving business over the last year, according to the programs just released Fiscal Year 2008 (FY2008) Annual Report. Highlights include the creation of 569 new jobs in member communities, 19 business expansions, 157 building rehabilitations and 112 new businesses. Additionally, private sector reinvestment in MainStreet communities reached $18,700,494 in FY2008. The entire annual report is available to the public upon request
“These are solid, sustainable jobs,” said Cabinet Secretary Fred Mondragón. “They are the kind of jobs that in our rural towns and villages are critical for sustaining not only the local economy but provide a living wage income that supports New Mexico’s families.”
Rich Williams, Director of New Mexico MainStreet stated, “MainStreet works because it brings together a comprehensive program of resources, technical assistance and local capacity building. It’s a roll-up-your sleeves partnership by the Economic Development Department with the community, its leaders and downtown stakeholders.”
Business Expansion Provides Portales Parts and Products
The Roosevelt County Community Development Corporation (RCCDC) recently announced that New Mexico Machinery LLC has expanded to Portales, bringing a dozen new professional jobs to the community. New Mexico Machinery is a Roswell-based farm, ranch, dairy and over-the road truck sales, parts and service center. The new Portales site will distribute and repair top-quality agricultural equipment, including the Kubota, McCormick, and Land Pride brands. The Portales location will also expand over time to provide over-the-road truck repairs for such brands as Cummins, International, and Mercedes Benz.
“This is a great example of how the RCCDC can assist in both business expansion and retention” said RCCDC Board Chairman Randy Knudson. From the new Portales location, New Mexico Machinery will serve markets in Curry, De Baca and Roosevelt Counties as well as West Texas. Business at this location is expected to generate over $150,000 per year in annual gross receipts revenue for Portales and Roosevelt County in addition to the new jobs and benefits.
SASS Success on Target for New Mexico
Through the joint efforts of several counties and State Departments, the Single Action Shooting Society (SASS) brings their 27th annual End of Trail World Championship of Cowboy Action Shooting and Wild West Jubilee stampeding into New Mexico’s Founders Ranch east of Albuquerque June 19-22 for a celebration of the old west lifestyle. The event is estimated to have an annual economic effect of $5-8 million with upwards of 10,000 people expected to attend the event.
Governor Bill Richardson, an early member of the 75,000 strong SASS, was able to convince the organization to move their End of the Trail event from California to Edgewood, New Mexico. The organization established a 480-acre ranch outside of Edgewood dubbed Founders Ranch, containing the world’s premiere Cowboy Action Shooting Range. An extraordinary collaboration between the Counties of Bernalillo, Santa Fe and Torrance, as well as the efforts of the State of NM Department of Transportation, State of New Mexico Economic Development Department, the Village of Moriarty, and the Estancia Valley Economic Association (EVEDA) allowed Founders Ranch to be established in 2004.
Additional agreements between the New Mexico Economic Development Department, Department of Transportation and the Governors Office made possible the fast tracking of funds to finish road construction in Bernalillo County to ensure that End of the Trail would call New Mexico home. The project, completed in June 2008, allows visitors to the event convenient and easy access to the Ranch.
This year’s event theme is “Classic Western Movies.” Shooters will compete in scenarios based on Western TV and movies, as well as historical events. Competitors are required to create an identity, dress in authentic late 1800’s attire, and use period single action weapons. 100 acres of the ranch will be devoted to historical reenactments, equestrian events, seminars, live music, gunfighter stunt shows, cooking competitions, and 100 vendor booths offering art and memorabilia. Visitors can take stagecoach rides, visit the gunfighter town, grab a sarsaparilla, and immerse themselves in living history.
Admission is $10, kids under 12 are free. Event hours Thursday through Saturday are 9AM-6PM, Sunday 9AM-5PM. Visitors are encouraged to dress in Western and period clothing.
For more information on the event, visit www.sassnet.com.
JTIP’s June Boon
Businesses in Farmington, Santa Teresa, Las Vegas and Albuquerque were among the recipients of $2,686,579 in funds approved by the June board meeting of the Job Training Incentive Program (JTIP). These funds will support the creation of 420 jobs across the state.
This month’s JTIP recipients include:
- Tred Displays-Albuquerque- manufacturer of digital reflective displays- $82,318-creating 4 new jobs
- National Technical Systems, Inc.-Albuquerque- Computer systems intergartion-$33,450-creating 2 jobs
- Schott Solar-Albuquerque-Solar equipment manufacturing company-$1,888,735- creating 240 new jobs
- Menlo Logistics-Santa Teresa-Logistics and distribution-$175,339-creating 43 new jobs
- Wood Group Generator Srvc.-Farmington-Generator repair and maintanice-$103,814- creating 14 new jobs.
- Paramount Multiservices, LLC-Las Vegas-Customer contact center-$394,570-creating 117 new jobs
The JTIP board also awarded Wood Group Generator Services $8,353 in Step Up Funds for upgrading the skills of incumbent workers.
Economic Development Department Cabinet Secretary Fred Mondragón commented, “The ability for our state to provide these types of incentives is incredibly valuable to start up and expanding businesses.”
New Mexico Company Captures "Worlds' Best Cheese" Title
Southwest Cheese Company LLC of Clovis/Curry County became the “big cheese” of the dairy world by capturing the gold medal for best Monterey Jack at the 27th Biennial World Championship Cheese Contest in Madison, Wisconsin. They defeated 26 other cheese makers, also capturing third place in the division. Southwest Cheese narrowly missed out on another medal, finishing fourth in the Colby category. The 2008 edition of the largest cheese contest in the world was held in March and attracted cheese makers from all corners of the globe
Economic Development Cabinet Secretary Fred Mondragón welcomed the victory. “Congratulations to Southwest Cheese on this extraordinary – and delicious – honor. We are very proud to have them in New Mexico.”
Ernie Kos, the Executive Director of the Clovis/Curry County Chamber of Commerce, stated, “We are extremely proud that the worlds’ best Monterey Jack cheese is made in Clovis, New Mexico.” She added, “It is a great international recognition for the entire community and we are very proud of everyone at Southwest Cheese for ‘Turning Cheese into Gold”.
Southwest Cheese is one of the worlds’ largest high-quality cheese manufacturers. Established in 2006 as a joint venture between Glanbia plc and the Greater Southwest Agency, Inc., the business operates two separate state-of-the-art cheese and whey production facilities. Over 280 million pounds of cheese is produced each year and Southwest Cheese is projected to meet their goal of $400 million in worldwide sales.
New Mexico’s International Trade Sets Fall Focus on Europe
The Office of International Trade (OIT) announced a European Business Development Mission called “Focus Europe” planned for the week of September 8, 2008. The office selected MLM International, a German consultancy, to be the primary provider under the Focus Europe Program.
“We are pleased to be able to continue growing our services in the global marketplace,” said Fred Mondragón, Cabinet Secretary for Economic Development. “With robust programs throughout Asia already in place, it’s clear that Europe is where we need to grow our services.”
The Office of International Trade helps develop and facilitate international business for New Mexico companies. In 2007, Germany and the United Kingdom ranked in the top 10 destinations of New Mexico products around the world. In the same year, New Mexico sold over $275 million of products and services to Western Europe. Companies wishing to attend the mission will receive a customized schedule with pre-arranged, one-on-one meetings with potential business partners.
New Web Site Equals Online Ease in Economic Calendar Planning
Making it easier to access the information needed to help schedule and attend events, the Economic Development Department has launched the state’s first online calendar (www.edcalendar.org). Called “Ed,” referring to the sites educational capabilities as well as shorthand for economic development, the calendar seeks to bring professionals and businesses planning events, forums, and educational events together with potential attendees.
“New Mexico’s economic development professionals in the public, private and non-profit sectors will benefit enormously from a single clearinghouse of economic and community development-related events – from seminars and conferences, to town hall meetings and formalized trainings,” said NMEDD Cabinet Secretary Fred Mondragón.
The calendar accepts any business, educational, or training activities and job postings related to economic and community development in New Mexico, with the exception of fundraisers. Additionally, business and community professionals who are looking to obtain knowledge to advance their career, their business or their community can obtain event listings by perusing the comprehensive list.
Site features include a subscription service that will notify subscribers of upcoming events in their field of interest or specified location. Institutions, associations and economic and community development organizations are able to post events easily themselves by creating a user account. The site also includes a search tool that will allow visitors to create a customized list of events that are filtered by characteristics and locations.
The calendar is a strategic initiative of the New Mexico Economic Development Department (NMEDD) the New Mexico Small Business Development Center Network (NMSBDC) and the New Mexico Finance Authority (NMMFA). The calendar was developed and is hosted by New Mexico Community Capital (NMCC), the state’s only equity provider with both social and financial objectives.
New Border Building Breaks Ground
Governor Bill Richardson broke ground on the new permanent New Mexico Border Authority complex in Santa Teresa. The new site, which replaces the 10 year old temporary facilities, will occupy 7 acres and provide 160 new jobs for the state. The complex is scheduled to be completed in fall of 2008.
Governor Richardson commented, “I am committed to investing in southern New Mexico and this new facility will foster international trade, tourism and will benefit residents.” The Governor also noted that $1.5 million dollars in capital outlay has been invested in the project.
The New Mexico Border Authority was created by the Legislature in 1991 to encourage and foster economic development in the state by developing port facilities and infrastructure at international ports of entry.
New Mexico Employment Flowers from JTIP’s April Funding Showers
4 diverse businesses from Santa Teresa, Rio Rancho, and Albuquerque were the recipients $1,427,156 in April funds from the Job Training Incentive Program (JTIP). The money will help create 290 new jobs in the state.
This month’s JTIP recipients are:
- MCS Industries – Santa Teresa – Full-line supplier of wall, tabletop and poster frames, albums and scrapbooks, wall décor and art print products: $46,155 – supporting 15 new jobs
- AeroMechanical Industries, Inc. – Rio Rancho – Federal Aviation Administration and European Aviations Safety Authority certified repair station for composite flight surfaces and mechanical components: $124,050 – supporting 17 new jobs
- IntelliCyt Corporation – Albuquerque – Development and manufacture of high throughput flow cytometry products for life sciences research and drug discovery: $45,000 – supporting 2 new jobs
- Fidelity Human Resources Services – Albuquerque – Investment management, retirement planning, brokerage and human resources benefits outsourcing services: $1,211,951 – supporting 256 new jobs
“The Department has worked very hard to encourage companies in both urban and rural parts of the state to utilize JTIP,” said New Mexico Economic Development Department Assistant Secretary Stuart Paisano.
For more information on JTIP programs and qualifications, visit www.goNM.biz