By Tom Wright May 14, 2021 Updated May 14, 2021 The latest report from the U.S. Census Bureau was revealing to New Mexico. We only grew 2.8 percent… Read More
The state has missed out on some great employment opportunitues because other competitors had a "larger labor pool," as was the case in April when Hulu announced it had chosen San Antonio as the winner of one of its new facilities. Others, like Tesla Motors, chose to plunk its $5 billion gigafactory in Nevada over New Mexico because the former offered $1.3 billion in tax incentives. Mayor Richard Berry previously told Albuquerque Business First the city was willing to add up to $30 million of its own money to help land the factory, which will create 16,000 jobs.