New Mexico by the numbers

The Land of Enchantment provides a highly-skilled, productive workforce with expertise in cutting-edge science and engineering, business, finance, manufacturing, and logistics.

Source: https://nmpartnership.com
ICONS FROM ADOBE STOCK

Population

  • 2.4 million
  • Manufacturing workforce 250,000+
  • High concentrations of talent in engineering, sciences

Education

  • 3 major research universities
  • 4 comprehensive 4-year institutions
  • 7 independent community colleges
  • 3 cooperative education sites
  • Specialized learning facilities – 50 locations
  • 133,000 students enrolled in public higher education institutions
  • 40,000 full-time students enrolled in top-tier research universities

Pro-business

  • 22% reduction in corporate income tax (overall tax cut for all industries)
  • Optional single-weighted sales factor for HQs, manufacturing operations
  • No gross receipts taxes on manufacturing consumables
  • Among the lowest property taxes in the nation
  • Zero inventory tax

Location

  • Equidistant to ports of Los Angeles/Long Beach, California; Houston and Galveston, Texas
  • Linkages to Canada; three border crossings to Mexico
  • 2-day delivery time to 75% of the U.S
  • 60+ airports; 3 international airports
  • Highway, rail systems connect ports in Mexico to Santa Teresa port-of-entry

Innovation

  • Build With Robots partnered with Sandia National Labs to create robots that convert spray disinfectant into a fog-like mist to kill bacteria and viruses.
  • Respira Therapeutics’ drug/device combo combines its AOS dry powder inhaler device with innovative drug formulation technologies to selectively lung-target an inhaled drug, delivering 60% higher dose to improve the quality of life of more than 35,000 patients diagnosed with pulmonary arterial hypertension.
  • WaveFront Dynamics’ diagnostic technology measures the eye dynamically, like a movie; the technology identifies regular refractive errors and irregularities that can lead to a potentially significant reduction in visual function.

Source: https://nmpartnership.com

October 2020
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