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.
ALBUQUERQUE RANKED AMONG TOP AMERICAN CITIES FOR GLOBAL TRADE
Albuquerque was recently named one of America's Best Cities for Global Trade by Global Trade Magazine. Cities selected for the 2014 list were highlighted in various categories including Business Environment, Skilled Workforce, Export Assistance, among others. Albuquerque made the list in the "Skilled Workforce" category noting the educational attainment of the area's residents and 70,000 college students as well as the city's strengths in aerospace, solar energy, and semiconductor development. Please click here to read the press release.
Global Trade Magazine's mission is to educate their readers on ways to utilize the global marketplace to increase market share and corporate profits, through creative efficiencies in cargo transportation, banking, joint ventures, outsourcing, and expansion opportunities. Click here to visit Global Trade's List for America's Best Cities for Global Trade.
Global Fashion Technologies Opening in Belen
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.
Comcast Expanding in Albuquerque
Comcast plans to open a new state-of-the-art bilingual customer support center, creating 450 jobs. The 51,000 square foot center is expected to open in February 2015 and will begin filling positions this year. Employees of the new call center will provide support for Comcast residential products and services, handling calls primarily from Spanish-speaking customers as well as calls in English.
AED Chair Leean Kravitz said, "This is a great project from a company that continues to invest in New Mexico. Comcast's selection of Albuquerque is a testament to the area's business climate, diverse workforce and low risk location from natural disasters, among other factors. AED was delighted to work with the site selection consultant and company representatives on this project. Read more