New Mexico’s temperate climate makes life more fun and allows businesses to operate with ease. A very low incidence of natural disasters and extreme weather reduces risk and delays caused by weather events. Experience four seasons and enjoy a number of outdoor activities in the sunny climate and varied landscapes. Snow and water skiing, ice fishing, fly fishing, hiking, mountain biking, and camping under the moonlight in the national forest are all part of daily life in New Mexico. The business climate is good, too. Governor Susana Martinez has reduced taxes 24 times since taking office in 2011. Kiplinger calls New Mexico the 8th most friendly tax climate.
According to the 2014 State New Economy Index, New Mexico’s workforce is ranked 1st in manufacturing value added. The Job Training Incentive Program has been serving businesses since 1972, reimbursing companies for training expenses when they create new jobs.
Cutting-edge research and technologies generated by three national laboratories and three nationally-recognized research universities offer unique and rare resources to companies. Companies can borrow a scientist from Los Alamos or Sandia National Laboratories through the NMSBA program. The Center for High Tech Materials and the Center for Integrated Nanotechnologies support manufacturing by offering access to their facilities. Created under the auspices of the Microlab Technology Commercialization Act, the Center for Collaboration & Commercialization (C3) serves as a “front-door” by giving businesses access to the equipment, facilities and personnel of the national laboratories.
Shop for technologies available for commercialization through a number of assistance offices and grow your own company.
Access to the nation’s fastest growing markets via excellent transportation infrastructure and the state’s location in the heart of the Southwest has made the logistics industry one of the fastest growing in the state. The Borderplex offers a unique combination of logistics assets on the Mexican border at the Santa Teresa-San Jeronimo Port of Entry, including a 12 mile overweight cargo zone. Union Pacific opened a $400 million intermodal terminal on its Sunset Route in 2014. More than one million square feet of industrial space has been filled at Santa Teresa in less than four years.