Manufacturing & Machining Advantages

The manufacturing and machining climate in Metro New Mexico encourages strong, healthy companies. Industry-wide incentives make the state an attractive place for expansion and relocation. The metro area offers IRBs, a manufacturing investment tax credit, a job training incentive program, and no inventory taxes.

The state offers:

• Job Training Incentive Program
• High Wage Jobs Tax Credit
  
• Manufacturing Investment Tax Credit
• Industrial Revenue Bonds (IRBs)
• Double-Weighted Sales Factor Option

Research Affiliations

• Manufacturing Training and Technology Center (UNM) - supports teaching and training, research and development, start-up companies, manufacturing prototyping, and extension service activities
• New Mexico Manufacturing Extension Partnership (New Mexico MEP) - provides technical and business resources to manufacturers
• New Mexico 9000 - assists businesses with obtaining IS0 9000 certification through workshops and consulting. The New Mexico 9000 is an alliance of the New Mexico Economic Development Department, Honeywell Federal Manufacturing & Technologies, Los Alamos and Sandia National Laboratories.

Trade Association

• Society of Manufacturing Engineers - networking and knowledge that enables growth in manufacturing