Made in New Mexico
Advanced manufacturing thrives in New Mexico.
Some of the world’s most advanced and in-demand products are designed and built in New Mexico.
New Mexico’s advanced manufacturing sector is at the leading edge of innovation, from furniture and value-added agriculture products to cutting-edge aerospace and space manufacturing.
The state’s advanced manufacturing industry is driven by businesses large and small that produce computers and technology equipment, petroleum and energy, wood and metal products, food and more.
In May, the state announced that a partnership between a Kentucky capital investment firm and Ball Corp. would lead to a $2 billion investment in an aluminum can sheet rolling mill and recycling center in Valencia County. The project will create nearly 1,000 jobs and open in 2026. The jobs will pay an average of $68,000 a year.
New Mexico was chosen partly because of its competitive business climate, proximity to a transportation network — including rail service — the growth in can-making facilities across the Southwest, and the state’s commitment to sustainable energy.
Job-Ready Workforce
With 180,000 workers employed in manufacturing, production, logistics and construction roles, New Mexico has the skilled workforce that advanced manufacturing industries demand and a pipeline of new talent from its research universities and vocational institutions.
To help industries hire skilled workers, New Mexico funds on-the-job and classroom training for expanding or relocating businesses for up to six months and provides cash reimbursement of 50% to 75% of wages. The state also boasts one of the nation’s highest concentrations of research talent, thanks partly to the location of three national labs.
New Mexico’s geographic location means quick access to key consumer markets. The state is equidistant to major ports in Southern California and Texas and shares an international border crossing with Mexico. Three major interstates cross the state, a vast railway system, and regional and international airports provide direct access to much of the U.S. and Mexico. Seventy-five percent of the country is reachable in two days by truck.
New Mexico offers a strong value proposition through lower costs and attractive incentives. With no inventory tax and the lowest effective tax rate for manufacturers in the nine-state Western region, New Mexico offers a business-friendly environment with some of the most competitive incentive programs in the U.S. Renewable, and traditional energy resources are abundant and affordable in the state.
Big Names Choose New Mexico
Some of the state’s top advanced manufacturers include chipmaker Intel, which employs 1,200 workers at its Rio Rancho plant. Jabil Inc. in Albuquerque has 800 employees providing engineering and manufacturing solutions for the medical industry, including endoscopic surgical supplies. In Carlsbad, Mosaic Potash makes and distributes crop nutrient products sold worldwide.
New Mexico’s advantages appeal to successful and growing companies across the state, including MCT Industries in Bernalillo and FXI in Santa Teresa.
MCT Industries is a family-owned business that offers parts, sales, service and rentals for trailers and heavy equipment in its commercial division. In addition, its waste division offers roll-off service to Albuquerque and the surrounding area and residential service to the Santa Fe area. MCT’s government operation works with clients from design and prototype development to full-rate production. The company’s products range from nuclear and chemical munitions transporters and self-propelled ground support equipment to large-scale plant fabrication and construction.
FXI is a leading producer of comfort sleep solutions, including mattresses, toppers and pillows. The company designs, manufactures and delivers mattresses, toppers, and pillows under SleepInnovations, novaform and Reflex brands.
Want to know more?
To learn more about New Mexico, check out the latest edition of New Mexico Economic Development.
