MORE COMPETITIVE THAN EVER BEFORE
Dramatic improvements to New Mexico's business climate have repositioned the state as a place that must be considered when companies are looking for the best location to invest and grow their businesses.
Ranked 9th Mid-sized American City of the Future by fDi (Foreign Direct Investment) magazine, Albuquerque:
- Has a pipeline of talent including 70,000 college students as part of a workforce that is younger and better educated than the national average
- Is a low risk location for natural disasters
- Has a low cost of doing business
- Has an exceptional support network for entrepreneurs, and
- Offers the lowest effective tax rate for manufacturers in the Western United States.
As the Albuquerque Metro area was a recent finalist for Tesla’s Gigafactory, why not see if it should be on your short list? We would love to compete for your project.
Albuquerque Economic Development’s staff works in a confidential manner to support your project. We invite you to contact us today.
United Poly Systems Expands to Albuquerque
Dec. 5, 2014
United Poly Systems has announced it will be expanding to Albuquerque in early 2015, creating 35 jobs. The Missouri-based pipe manufacturer will operate out of the former Schott Solar building at Mesa Del Sol.
“We would like to express our gratitude to the State of New Mexico, Bernalillo County, City of Albuquerque and Albuquerque Economic Development, Inc. for helping us expand in to Albuquerque,” said Tiffani Claussen, chief financial officer for United Poly Systems. “We’re thrilled to have access to a skilled workforce, ground and rail transportation, favorable tax laws and the quality of life this city offers.”
United Poly Systems manufactures high-density polyethylene pipe for a variety of industries. Its products are used frequently by telecommunications, electrical, power utility, and oil and gas collection companies.
“We’re thrilled to welcome United Poly Systems to the Albuquerque market, and we look forward to the company’s continued success,” said Leean Kravitz, AED chair. “United Poly’s expansion demonstrates how New Mexico’s skilled workforce, proximity to Western U.S. markets and a competitive tax climate make it an ideal location for businesses.”
Global Fashion Technologies Opening in Belen
Oct. 28, 2014
Global Fashion Technologies Inc. has announced that they will be opening their manufacturing plant in Belen, NM. The company is looking to hire as many as 400 employees in the next several years. In a statement from the CEO, Global was attracted to Belen because of the state tax structure, key location to rail, and the enthusiasm of the community. The company recycles fabric cuttings and turns them into athletic wear. Read more