Overview
Consistently ranked as one of Forbes’ Best Cities for Business, Albuquerque is a diverse and growing metropolitan area of 914,000 people. Albuquerque Economic Development, Inc., is a private, non-profit corporation that provides confidential assistance to businesses considering the area for expansion and new investment. Contact us .
With more than 310 days of sunshine a year and the highest elevation of any major city in United States, Albuquerque is not only a great place to live; it is a great place for business. Our young, highly educated workforce and pro-business environment has helped attract industries as diverse as aerospace, solar technologies, directed energy, microsystems/nanotechnology, semiconductors, and photonics, to name a few.
Featured News
Honeywell's Bendix/King to Locate Headquarters in Albuquerque
Governor Susana Martinez has announced that Bendix/King, a major avionics supplier, has selected Albuquerque for its new company headquarters. The move is expected to create up to 100 new jobs by the end of 2012 for engineers and other support functions and add another 40 positions by the end of 2013. "Albuquerque provides a compelling opportunity for Bendix/King to create a stand-alone headquarters in a city and state focused on supporting the growth and development of the aerospace industry," said Kevin Gould, president, Bendix/King. Read more.
Tres Amigas Selects Albuquerque for Headquarters
Tres Amigas will create 75-100 high-paying jobs in Downtown Albuquerque to support its $1.5 billion superstation project, which will be located in Clovis, NM. The company plans to connect the Western U.S., Eastern U.S. and Texas grids enabling energy to transfer more freely throughout the country and increase the amount of renewable energy sources. Albuquerque will house Tres Amigas' administrative offices, trading floor, training operations and control center. Read more.
Lowe's Opens Albuquerque Customer Support Center
| Lowe’s selected Albuquerque for a new Customer Support Center. The center opened in March and is estimated to create 250 jobs initially and a total of 600 jobs by the end of 2013. Lowe’s invested more than $15 million to renovate leased space in a 65,000 square-foot building on Jefferson NE. The new center provides multiple support functions for Lowe’s, including customer care, store support, internet sales support and repair services for customers and will complement the company’s existing Customer Support Center located in Wilkesboro, N.C. |
New Mexico Governor Susana Martinez joined Lowe’s and representatives of Bernalillo County, the City of Albuquerque and Albuquerque Economic Development Inc. to make the announcement at Albuquerque Economic Development’s Quarterly Investors’ Luncheon. Read more. |
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New Mexico Cuts Taxes for Manufacturers and Construction Companies
New Mexico Governor Susana Martinez has signed legislation that will eliminate gross receipts taxes on certain transactions for manufacturers as well as construction companies. The new law is expected to lower the cost of business for New Mexico companies and stimulate hiring.
Read more.