Manufacturing

With the proximity to air, freight, rail and interstate highway, the region is strategically located to be a site for manufacturing, assembly or transport of electronics, food, agriculture, pharmaceuticals, aircraft and energy components, medical devices, environmental technologies, and resources for the oil and gas industry, in addition to any other good needing processing and distribution.

Strategies

  • Capitalize on the rail infrastructure in the region and increase commercial rail-related economic activity
  • Continue to support a robust closing fund or Local Economic Development Act program
  • Develop a logistics hub that brings assembly jobs to the region and makes the Albuquerque metro area, with its access to rail, highway, and air transport, an inland port
  • Increase recruitment efforts of manufacturing businesses to relocate to this region
  • Support expanded programs for existing business development
  • Support pipeline programs connecting employers with skilled workforce, such as ACE High School, CNM, etc.

Key Partners

Factory Worker Welding
  • ABC Trade Alliance
  • ACE Charter High School
  • Albuquerque Economic Development
  • Belen Economic Development
  • BNSF
  • Central New Mexico Community College
  • COA Econ Development and Aviation Departments
  • Estancia Valley Economic Development Association
  • Manufacturing Extension Partnership
  • New Mexico Partnership
  • Public Service Company of New Mexico
  • Sandoval Economic Alliance
  • Valencia County Economic Development
  • Workforce Connection of Central New Mexico

Measures

  • An increase in the amount of JTIP money
  • An increase in the number of bonded warehouses and customs brokers
  • An increase in the number of employees based on increases in JTIP
  • An increase in the number of manufacturers awarded JTIP
  • An increase in the number of manufacturing employees
  • An increase in the number of new or expanded manufacturing companies to the total number of manufacturers
  • An increased number of direct and non-stop flights to and from major cities
  • A public and/or private transportation and logistics hub or facility for assembly and transport of goods