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Top Ranking origin countries by estimated jobs 2011(10)

Top Ranking origin countries by estimated jobs 2011(10) . Source: IBM-PLI Global Investment Locations Database. TACTICAL Capacity Constraints Cost Reduction Lease Expiration Workforce Availability Supply Chain Union Issues Tax & Regulatory Environment Changing Product Mix. STRATEGIC

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Top Ranking origin countries by estimated jobs 2011(10)

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  1. Top Ranking origin countries by estimated jobs 2011(10) Source: IBM-PLI Global Investment Locations Database
  2. TACTICAL Capacity Constraints Cost Reduction Lease Expiration Workforce Availability Supply Chain Union Issues Tax & Regulatory Environment Changing Product Mix STRATEGIC Consolidation Merger / Acquisition Market Access / Dynamics Business Re-engineering Reposition Corporate Culture / Image Leadership Issues Organizational Goals Why do companies consider new locations?
  3. New Mexico Partnership Whether you're looking to expand or relocate your company, the New Mexico Partnership is committed to helping you grow your business in New Mexico and will provide you with all you need to know to do so. Our confidential services include: Coordinating site-selection services and visits Personalized briefings and orientations Assistance in evaluating and applying for incentives Assisting with real estate searches Facilitating the permitting process Organizing strategic meetings with key government and community officials Collaborating media and public relations Providing data on key business factors
  4. New Mexico Advantages Business Facilities MOST PRODUCTIVE WORKFORCE IN THE U.S. Business Facilities 3RD BEST HIGHWAY SYSTEM Reason Foundation 6TH BEST STATE FOR COST OF LABOR Business Facilities 3RD IN WORKFORCE TRAINING Business Facilities 8TH IN ECONOMIC GROWTH POTENTIAL Business Facilities AMERICA’S TOP 10 BRAINIEST COMMUNITY BizJournals.com 15TH IN POPULATION GROWTH AMONG THE 50 STATES U.S. Census Bureau High-value location Diverse region that matches up well with a wide array of projects Aggressive incentives , programs and tax credits World-class research and development facilities Qualified and productive workforce Advanced manufacturing capabilities Low property taxes No inventory tax Low energy costs Affordable real estate and cost of living Efficient market access
  5. Select Competitive Advantages Broad array of regional assets (New Mexico can match up with many different types of projects) “Value” location—quality relative to cost; “positive” company experience Accessibility to leadership Desirable quality of life Bi-lingual workforce Comparatively low property taxes and no inventory tax Research/testing facilities and talent—national labs/WSMR/universities/etc. Numerous “off the shelf” incentives Exceptional energy resources—clean and traditional Good transportation infrastructure—interstate, rail, cross-border connectivity Job Training Incentive Program and High Wage Jobs Tax Credit Good climate for aerospace and desirable time zone (CRM operations)
  6. 2014 NM Business Tax Competitiveness Study By Ernst &Young and NM Tax Research Institute http://origin.library.constantcontact.com/download/get/file/1105697510508-260/New+Mexico+Business+Tax+Competitiveness+Study+Update+2014.pdf Reduced Corporate Tax Rates from 7.6% to 5.9% Provided Single Sales Factor for Manufacturers Reduced its effective tax rate in average for all industries 55.6% NM’s after-credit manufacturing rate is now at 3.3% Narrowed and expanded the GRT “consumables” deduction
  7. 2014 NM Business Tax Competitiveness Study By Ernst &Young and NM Tax Research Institute * average Effective Tax Rates After Credits Based on five manufacturing examples and four service industry examples
  8. Target Industries Advanced Manufacturing Aerospace & Defense Back Office & Technical Support Digital Media Emerging Technology Energy & Natural Resources Logistics, Distribution & Transportation Value-Added Agriculture
  9. Incentives To encourage companies to supply our growing markets, New Mexico’s legislature has adopted some aggressive business incentives. A partial list includes: High-Wage Tax Credit Job Training Incentive Program Industrial Revenue Bonds Single-Weight Sales Factor Reduction in Corporate Income Tax Project Closing Fund
  10. New Century Economy Jobs Agenda Single Sales Factor Corporate Income Tax Reduction Local Economic Development Act (LEDA) Job Training Incentive Act (JTIP) Capital Outlay Reform Spaceport Informed Consent Mainstreet Investment
  11. Representative New Mexico Companies Raytheon Intel Conoco-Phillips Hewlett-Packard Albuquerque Studios Tempur-pedic Chevron Halliburton Boeing Lockheed Martin Northrop Grumman Lowe’s Southwest Cheese Freeport-McMoRan Aersale Union Pacific Honeywell Virgin Galactic Emcore L3 Communications Joule Ethicon Genzyme Oso Bio Pharmaceutical Merillat Tyson Goodrich Aerospace Fidelity Research facilities: Los Alamos National Labs Sandia Labs Spaceport America Physical Science Lab Air Force Research Lab White Sands Missile Range NASA Johnson Space Center Very Large Array SpacePlex
  12. Investment EB-5 Visa: Visa for immigrant investors is a United States .This visa provides a method of obtaining a green card for foreign nationals who invest money in the United States. To obtain the visa, individuals must invest $1,000,000 (or at least $500,000 in a "Targeted Employment Area" - high unemployment or rural area), creating or preserving at least 10 jobs for U.S. workers.
  13. Investment Where to invest? New Mexico Film Fund, LLC (accepts EB-5 investment) Private Equity – NM Venture Capital Firms New Mexico Companies
  14. Angel Investment Tax Credit A taxpayer who files a New Mexico income tax return and who is a “qualified investor” may take a tax credit of up to $25,000 (25% of a qualified investment of not more than $100,000) for an investment made in a New Mexico company that is engaging in high-technology research or manufacturing. The taxpayer may claim the angel investment credit for up to two qualified investments in a taxable year, provided that each investment is in a different qualified business. Any portion of the tax credit remaining unused at the end of the taxpayer’s taxable year may be carried forward for three consecutive years.
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