Posted 09 May 11 By: No comments yet

New Mexico Economic Development get praise, candid assessment from National Site Selection Consultant

Thursday. May 5th, Keith Meyer, CCIM, SIOR was privileged to be included among leading business and governmental economic development decision makers in the state of New Mexico who were given a candid assessment of the state’s status by Mark M. Sweeney of McCallum Sweeney, Greenville, SC. Mr. Sweeney’s company consults with large corporations on site selection for future plant and headquarters locations. His clients include companies such as Boeing and BMW.

Mr. Sweeney said that the recent, rapid approval of the Intel Air Quality permit “is big news in our business. It signals that there has been a regulatory change in the state of New Mexico.” This is relevant as the State of New Mexico is generally perceived to have an anti-business sentiment amongst the site selection industry at a time when job creation is crucial. He said that his meetings with new Governor Martinez and Albuquerque Mayor Berry also let him to believe that there has been a positive shift in “New Mexico’s regulatory approach to business.” Further performance will demonstrate if Intel was a fluke or a trend.

Mr. Sweeney indicated that New Mexico should focus their recruitment efforts on advanced manufacturers, alternative energy companies and back-office operations. He bluntly indicated that New Mexico is not well suited for heavy manufacturing or large corporate offices due to lack of manufacturing synergy and a hub airport.

In response to  Keith Meyer’s question about the importance of the expanding Union Pacific rail terminal and border gateway at Santa Teresa, NM, Mr. Sweeney replied that the current border violence is a problem, but overall the Mexican border is “a potential area of great growth. The long-term outlook is very bright.”

Monday, May 9, 2011
NAI Maestas & Ward | Phn 505-878-0001

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