SlideshowIntel Gathers Electronics Cluster In Rio RanchoIn May 2001, Site Selection Magazine noted that what Wal-Mart is to Bentonville, Arkansas, Intel is to Rio Rancho. Since 1980 when Intel chose the barely nascent suburb of Albuquerque for its semiconductor wafer manufacturing facility, both Intel and Rio Rancho have matured beyond even the most knowledgable forecaster’s predictions: Intel built a second fab, completed in 2002, and now employs 5600 people, and Rio Rancho has a grown an impressive cluster of software, semiconductor, and machining companies built around the goliath-on-the-mesa, but which are strong businesses in their own right. In addition to its annual $1 billion economic contribution to the state’s economy, Intel has attracted a large electronics workforce—in 2004 the company's payroll equaled $304 million. Rio Rancho Economic Development Corporation notes that 3,200 contractors service Intel in Rio Rancho. It is the largest private industrial employer in New Mexico, and its presence in Rio Rancho has transformed the town into the fastest growing in the state.
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Rio Rancho Business OverviewMajor Economic-Base Employers
Other Rio Rancho employers: Rio Rancho Public Schools, City of Rio Rancho, Aerobox Composite Structures, Aero Mechanical Industries, Aeroparts Manufacturing and Repair, Xynatech, Stainless Motors, and Permacharge. Labor ForceRio Rancho's labor market is defined by the Albuquerque Metropolitan Statistical Area which includes Bernalillo, Sandoval, Valencia and Torrance counties.
TransportationRio Rancho is just five minutes from Interstate 25 and 15 minutes from Interstate 40. In addition to the Albuquerque International Sunport, Rio Rancho is served by Double Eagle II airport which is just south of city limits. The major thoroughfares of NM 550 and NM 528 allow four lane access in and out of town. Rail service is available in the town of Bernalillo, just minutes north of Rio Rancho.
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