New Mexico USA

Area Development State Report
Business and Economic Opportunities

nmStrategically located along a 175-mile international border with four ports of entry, New Mexico offers extensive business and economic opportunities. The state's amenities include moderate taxes, plentiful and affordable industrial sites, low-cost utilities, a cooperative regulatory environment, a young and skilled work force, and competitive wage rates. Companies praise the state's public and private sectors, which work together to foster economic growth in a wide variety of fields. Businesses migrating to the state include high-tech manufacturing (producing semiconductors, computers, and electronics), teleservices, biomedical industries, food processing, and medical technology. New Mexico is also an increasingly popular site for telemarketing and back-office operations.

 


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