CEO Guide to the States

New Mexico

Manufacturing Mover

Between August 2024 and August 2025, New Mexico ranked sixth nationally in manufacturing employment growth. Manufacturing wages in the state also grew 5.7 percent, ranking fifth in the nation and underscoring the sector’s role in driving local prosperity. Meanwhile, New Mexico is developing new innovation hubs and attracting foreign investment with state initiatives like the
NMEXUS business accelerators in Albuquerque. Spaceport America is also growing to become an anchor in the aerospace sector.

“Pacific Fusion’s decision to build in New Mexico proves that our state can compete—and win—in the race to attract the most innovative companies in the world. This project will create good jobs, expand our cleantech economy and ensure New Mexico continues to lead in the industries of the future.”
Michelle Lujan Grisham
Governor

TAXES

0 %

top corporate income tax

# 0

on the Tax Foundation’s State Tax Competitiveness Index

EDUCATION

0 %

of adults 25 years of age and older graduated high school

0 %

of adults age 25 and older have a bachelor’s degree or higher

UNEMPLOYMENT RATE

0 %

RIGHT TO WORK STATE

No

QUALITY OF LIFE

# 0

POPULATION GROWTH

0 %

increase between 2020 and 2024

KEY INCENTIVES

High-Wage Jobs Tax Credit: Offers a refundable tax credit of 8.5 percent of wages and benefits, up to $12,750 per job for up to four years, for jobs that pay $60,000 annually, or $40,000 annually in rural areas.

Technology Jobs and R&D Tax Credit: Offers a credit of up to 5 percent of qualified R&D expenses, or 10 percent if located in rural New Mexico, for companies investing in R&D activities within the state.

EDCs

New Mexico Economic Development Department
edd.newmexico.gov

NM Partnership
nmpartnership.com

Albuquerque Economic Development
abq.org

Santa Fe Office of Economic Development
santafenm.gov/economic_development

BIG DEALS

  • BorderPlex Digital announced in February 2025 a $5 billion digital infrastructure campus and 1,000 new jobs in Santa Teresa.
  • XGS Energy and Meta partnered in June 2025 to launch a nation-leading geothermal project in New Mexico.
  • Thyssenkrupp Materials North America opened a facility in Santa Teresa in August 2025.
  • Pacific Fusion announced in September 2025 a $1 billion facility in Albuquerque.
  • Quantum computing leader Quantinuum announced in September 2025 plans to build a quantum R&D center in the state.
Roundtable

Strategic Planning Workshop

1:00 - 5:00 pm

Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process

Executives expressed frustration with their current strategic planning process. Issues include:

  1. Lack of systematic approach (70%)
  2. Laundry lists without prioritization (68%)
  3. Decisions based on personalities rather than facts and information (65%)

 

Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns.  They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning.  Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process.  This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented.  If you are ready for a Strategic Planning tune-up, select this workshop in your registration form.  The additional fee of $695 will be added to your total.

To sign up, select this option in your registration form. Additional fee of $695 will be added to your total.

New York, NY: ​​​Chief Executive's Corporate Citizenship Awards 2017

Women in Leadership Seminar and Peer Discussion

2:00 - 5:00 pm

Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations. 

Limited space available.

To sign up, select this option in your registration form. Additional fee of $495 will be added to your total.

Golf Outing

10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS

General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.

The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.

To sign up, select this option in your registration form. Additional fee of $295 will be added to your total.