New Mexico’s manufacturing sector, while small compared to other states, is home to several significant players, according to a recent ranking by Albuquerque Business First. The list, based on the number of full-time employees, highlights the diversity in New Mexico’s manufacturing landscape, with industries ranging from technology and medical equipment to traditional crafts.
Leading the charge is Intel Corporation, based in Rio Rancho, employing 2,600 full-time workers in New Mexico and contributing to a global workforce of 124,800. Intel, with its $54.2 billion revenue, stands out as a tech giant driving innovation and economic activity in the state.
Second on the list is Vitality Works, headquartered in Albuquerque. This company specializes in manufacturing high-quality health products and employs 300 people locally. Its operations underscore the growing focus on health and wellness manufacturing.
Miller Bonded Inc., ranked third, focuses on mechanical contracting and sheet metal work, employing 156 individuals in New Mexico. Meanwhile, Roses Southwest Papers, a family-run business producing paper products, follows with 128 employees. Santa Fe Marble Inc., known for its stone and travertine products, rounds out the top five, employing 95 workers.
Despite these successes, New Mexico’s manufacturing sector struggles to compete nationally. The state ranks poorly in attracting new manufacturers, a trend some attribute to its regulatory environment. Critics argue that recent far-left legislative measures—ranging from stricter environmental mandates to increasing labor costs—could exacerbate these challenges.
For instance, newly proposed laws to raise corporate taxes and impose stringent energy efficiency standards could deter potential investors. While these initiatives aim to address eco-leftist and social goals, industry leaders warn they may burden businesses already operating on thin margins.
The disparity becomes evident when comparing New Mexico to neighboring states like Texas and Arizona, which have more business-friendly policies and thriving manufacturing sectors. Advocates for reform emphasize the need for balanced regulations that promote sustainability without stifling growth.
Supporting the sector with incentives and streamlined processes may help attract new businesses, sustain existing ones, and ensure a competitive future for manufacturing in the state.
Of course! That’s the whole point!
Sad.
New Mexico Democrat politicians are killing jobs. ( That’s coming to an end )
Let’s hope NM learns what the nation did.
While I believe most taxes are simply government theft and extortion , some states “milk” it’s businesses and punish free thinking entrepreneurs more than others. NM is one of the few states that taxes labor and all the green new deal taxes will ensure that NM lags behind other states in manufacturing as well. NM’s motto, last in everything good, first in everything bad. This will continue until the communists are driven from power!
Well said!
Capitalism is back, thanks to Trump!
It’s a new day.
Environmental regulations are killing the environment
The reason this happens is:
Senator Mimi the Rat
Senator Wirth the Weasel
Javier Speaker the Raccoon
Senator Gail the Skunk
All scavengers with Power Bringing their gifts to their Queen
first of all the green new deal is a farce and only helps the CCP that wants to destroy the USA. If someone is pushing the Green New Deal they are in support of the CCP. An electric car emits more carbon than a gasoline car to include 200,000 miles of driving. How is an electric car good for the environment? The state government does not give a crap about the NM people, they just want to push the green new deal so their oppressors are kept in the good grace of the CCP. Traders all. New Mexicans need to pull there heads out and start to read other than the marxists they believe in.