New Mexico Economic Development Department
October Newsletter

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Job Training Incentives Program Approves $1,359,664 in Funds for
Creation of 311 Jobs for New Mexicans

  

The JTIP Board approved $1,359,664 in funding at its September board meeting. This funding will aid in the creation of 311 jobs for three different companies. JTIP will be holding it's next board meeting October 12th.

 

This month's JTIP receipients are:
are:

 

  • Incitor, Inc. -Albuquerque  

    $14,256 - i job 

     

  • Plenish, Inc. - Taos  $14,440 2- jo 

  •  Alliance Data Systems - Rio Rancho               $1,330,968 308 - jobs

About JTIP
The Job Training Incentive Program (JTIP) reimburses qualified economic-based companies for a portion of training costs associated with job creation. The program provides for classroom or on-the-job training, reimbursing an expanding or relocating business for up to 75 percent of a trainee's wages for as long as six months. The amount of the award depends on the number and complexity of jobs, the wages paid, and the business location.
To qualify, new or expanding companies must either create a product in New Mexico, or provide a non-retail service with 50 percent of the company's customer and revenue base outside of the state. The eligible jobs must be full-time and year-round. The trainee must be a new hire to the company and have been a New Mexico resident for at least one continuous year at any time prior to being hired. For more information on JTIP, visit www.goNM.biz

 

 

L&M Radiators president
Owner of L&M Radiators, Laura Ekholm speaking at the expansion announcement
Air usa Sec Barela
Economic Development Secretary Jon Barela speaking at the Air USA announcement while Governor Susana Martinez looks on
 
train
 Economic Development Secretary Jon Barela and Jeff Baskett, Ironhorse V.P. - Western Region

Governor Susana Martinez Announces Air USA to Relocate Corporate Headquarters from Illinois to Albuquerque

 

Air USA
From Left: Charlie Hil, Air USA chief of operations, Governor Susana Martinez, Don Kirlin, Air USA founder and president, Economic Development Secretary Jon Barela
Earlier this month Air USA announced that it will relocate its corporate headquarters from Quincy, IL to Albuquerque.

 

Air USA is a company that provides tactical aircraft services to U. S. defense agencies, defense contractors and NATO allies. Air USA is expected to employ up to 200 personnel at its Albuquerque location and primarily hires U.S. military veterans, many of whom would fill the same type of positions as would be present in an operational fighter squadron.

  

"Air USA is the kind of company that complements New Mexico's existing workforce and infrastructure," Governor Martinez said. "We welcome not only the 200 direct jobs that will be created as a result of their corporate headquarters moving to Albuquerque, but we also anticipate important economic benefit from hosting numerous out of state military units that will be traveling to New Mexico throughout the year to train with Air USA's fleet of foreign fighter aircraft."

 

Air USA will be seeking accountants, contracts experts and proposal writers. Over the next three years Air USA will be seeking additional qualified pilots, crew chiefs, avionicsmen, weapons loaders, munitions handlers, and life support personnel. With growth in personnel, additional middle and upper level management positions will be needed similar to the structure and organizational make-up of an operational fighter squadron.

 

 

 

 Read More Here

 

 

 

 

Office of International Trade Awarded $187,802 Grant to Promote New Mexico Exports

  

The New Mexico Economic Development Department's Office of International Trade has been awarded an $187,802 federal grant from the U.S. Small Business Administration (SBA), along with a $15,000 cash match from the state of New Mexico Economic Development Department to boost its international trade efforts. This SBA STEP Grant will be part of a larger initiative that the Office of International Trade will execute over the next 12 months with expectations of continued growth in exports.

 

"Over the past 22 months, increasing the state's international exports has been a focus for Governor Martinez and the New Mexico Economic Development Department," said Economic Development Cabinet Secretary Jon Barela. "We have seen those efforts pay off as New Mexico's exports have doubled in that period; we believe promoting exports is a great way to create economic-base jobs, grow our manufacturing sector and provide opportunities for New Mexicans."

 

In addition to doubling its merchandise exports, in that same time period, New Mexico's percentage merchandise export growth jumped from 38th to 2nd in the nation. According to official U.S. Department of Commerce estimates, it is calculated that for every $1 billion in exports up to 6,250 jobs are created or supported.

 

Read More Here

 

After One Year in Las Cruces, L&M Radiators Announces It's Expanding its Operations by 50 Employees

 

L&M
Economic Development Secretary Jon Barela speaking with L&M Radiatorsemployees after the announcement of their expansion in Las Cruces
At its one year anniversary celebratory event in Las Cruces, L&M Radiator, Inc. announced it is expanding its operations by 50 employees in the next six months. The company currently employs 179 workers at its Las Cruces facility.

"When L&M Radiator relocated its El Paso operations to Las Cruces last summer, it had 86 employees, since then, they have grown the workorce by almost 100 people and we are thrilled that they are growing by even more," said Economic Development Department Secretary Jon Barela. "L&M Radiator is the kind of business that provides great opportunities for advancement for its employees and positions with good pay and benefits for those looking for work."

In the short term, the company is looking to fill 25 positions; specifically for welders, assembly operators and fabricators. They have also partnered with the Dona Ana Community College to create a customized training program for its workforce.

  

Secretary of Economic Development Jon Barela Signs MOU with the State of Chihuahua, International Business Organization to Promote Job Creation

 

 

MOU Juarez, Chihuahua
Economic Development Secretary Barela sits with the Secretary of Economy for the state of Chihuahua, Alberto Chret�n before signing the memorandum of understanding in Juarez, Chihuahua

 

 

Economic Development Department Secretary Jon Barela signed a memorandum of understanding in Juarez, Chihuahua with the Secretary of Economy for the state of Chihuahua, Alberto

Chret�n
, and Jerry Pacheco, executive director of the International Business Accelerator, a division of the New Mexico Small Business Development Center, directed at working mutually together to create international trade opportunities for their associates and constituents.

 

New Mexico's partnership with the state of Chihuahua has been an integral part of the New Mexico Economic Development Department's strategy for creating jobs in the Border Region and throughout the state. Under Governor Martinez's Administration, New Mexico imports to Mexico increased 68 percent. According to official U.S. Department of Commerce estimates, it is calculated that for every $1 billion in exports up to 6,250 jobs are created or supported.

 

More details on the MOU

 Governor Susana Martinez Welcomes Three New Businesses to Santa Teresa and Announces the Expansion of An Existing Company


Santa T September '12Governor Susana Martinez and Economic Development Secretary Jon Barela announced the location of three new companies to Santa Teresa and the expansion of one existing Santa Teresa company. These companies are expected to create about 120 new direct jobs in New Mexico's border region.

 

" We have made a serious effort to make New Mexico a better place to do business and we continue to see the resultsas more companies choose to locate or expand along the southern border," said Governor Martinez. " Today I am extremly proud to welcome three new companies to Santa Teresa as well as expanded operations for a fourth busines. The border region will continue to be a major growth area for our state and we will continue to work to bring more businesses and additional jobs to NewMexico."

 

 

Secretary Barela stated that companies moving here are part of the Economic Development Department's strategy to locate these types of business in the Borderplex. "We are proud of the work that has been done and will continue to build on this success by bringing economic-based jobs for New Mexicans to this area," he said.

 

Read More 

 

 Upcoming Events

 

Go Global with NAWBO (National Association of Women Business Owners)

Empowering Women Exporters

 

When: Wednesday October 17

Time: 2:00-5:00 p.m. (networking reception at 5:30 p.m.)

Where: Sheraton Uptown Hotel (Menaul at Louisiana)

 

Sign up online at: www.nawbonm.org or call Kay Carrico at 505/350-7361. Companies registering by October 15th pay only $20. Registrants on the day of the event will be charged $25. (Participation fee includes Networking Reception and event materials)

 

NAWBO logo   EDD logo

New Mexico Infrastructure Finance Conference

  NMIFC

When: October 23-25
Where: Taos Convention Center Taos, NM
  
 

ISO 

 

  

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