ABQ Overview From ABQ Econ

7/31/2019 ABQ Overview From ABQ Econ

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Community Overview

Albuquerque Metro Area


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ABQ Ranked a Best Bang for the Buck City

Ranked 3rd Best Jobs Forecast

Ranked 34 of 100 metros for overall

affordability

Based on commute times, unemployment,real estate taxes, housing costs/forecast

- Forbes, December 2009


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ABQ 2nd Best City for Living & Business

Stable employment rates

New career opportunities

Employment growth-Kiplingers, June 2009


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NM Ranked 10th in Nation for R&D

$5 billion yearly

in Federal R&D

investment atthe national

labs

- Milken Institute


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NM Ranked 10th in Nation for R&D

NMs high tech industries are growing

faster than the overall US economy,

ranking in the Top 10 nationwide- Milken Institute


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2nd in Nation for High-Tech Jobs

According to the 2008 State of the New Economy Index, New Mexico

ranks 2nd in the nation for the number of high-tech jobs as apercentage of all jobs

6.6% of jobs are high-tech


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ABQ Gross Metro Product Ranked 7th in US

ABQ GMP rose 1.8% from peak to 4Q 2009 exceeded pre-

recession levels vs 100 top metros -0.9%

- Brookings Institution, Q4 2009


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Albuquerque Service Export

Growth Ranked #1

- Brookings Institution, July 2010


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10th Concentration of High Tech Workers

ABQ has 10th highest concentration of high tech employees in U.S.

113 of every 1,000 private sector workers at high tech firms.

Over a third of Albuquerques high tech employment comes from

research and development and testing labs.

- The American Electronics Association, 2008

Photos courtesy of Sandia National Labs


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3rd Smartest Place to Live

Based on livability and affordability,

Albuquerque offers resort-town ambience,

a boomtown economy and cow-town prices.

Kiplingers Personal Finance, May 2006


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5th Best Place to Build Wealth

Based primarily on salaries,

cost of living, and unemployment.

- Salary.com, 2008


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5th Fittest City

Abundant open space and parks per capita

57% of residents maintain regular weekly exercise schedule

62% of population are more likely to go hiking

- Mens Fitness, January 2009


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ABQ 17th Best City for Bicycling

Based on number of bike lanes, routes, bike racks, bikingcommuters, cycling clubs & events, bike shops and more

- Bicycling Magazine, April 2010


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ABQ Ranked #8 Clean Air City

ABQ among cleanest U.S. cities for year-round

particle pollution

- American Lung Association, July 2010
http://en.wikipedia.org/wiki/File:Albuquerque_pano_sunset.jpg


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6th Best City to Live

Based on recreational opportunities, climate, and cost of living.- Outside Magazine, July 2009


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7th Best City for Relocating Families

RelocateAmerica, April 2009


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Americas Top 10 Cities

Strong economy

Affordable cost of living

Fun things to do

- U.S. News & World Report2009


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ABQ Among Best Business Travel Cities

Albuquerque ranked 87th (100 being the cheapest)

Based on cost of hotel, rental car, dining and other

factors.

- Business Travel News, April 2010


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17th Shortest Commute

ABQ 17th among Cities with Shortest Commutes to Work, 2007 The average trip time to work is 24 minutes

68% of Albuquerque residents get to work in 30 minutes or less.

Somewhere Else Albuquerque


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ABQ, Santa Fe and Taos Named

Top Arts Destinations

Big Cities:ABQ#7, Small Cities: Santa Fe#2, Taos#7

Based on readers poll

- AmericanStyle, May 2010
http://upload.wikimedia.org/wikipedia/commons/2/26/Blue-green.jpg


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ABQ 7th Best Surprising Food City

Ranked out of top 200 livable metros

Noted in the ranking: area wineries,

organic/farm-to-table practices, artisan

coffee and local food

- Livability.com, April 2010


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#1 Mid-Size City Among

Most Creative Cities in the U.S.

Author Richard Florida, Rise of the Creative Class


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ABQ Ranked Best City to Live,

Work and Make Movies

Workforce and incentives

Climate and ability to double for

other locations

Quality of life

Community support for film

industry ie. CNM training program

- MovieMaker Magazine 2010


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Population Growth

Between 1990 and 2000, metro population increased 21.73% Between 1990 and 2010, ABQ metro area expanded by 44.6% vs. 23.2%

nationally, adding 267,902 residents

The metros population growth over a five year period (2010-2015) is

forecast at 7.23% vs. the national average of 4.09%

*Revised to include Torrance County. Source: Census and Claritas, Inc.

County 2000 Census

Population*

2010 Estimated

Population

Bernalillo (Albuquerque) 556,678 648,411

Sandoval (Rio Rancho) 89,908 129,151

Torrance (Moriarty) 16,911 16,044

Valencia (Belen, Los Lunas) 66,152 73,712

MSA Population 729,649 867,318

City of Albuquerque Population 448,607 528,683


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Demographic Advantage

The average age of an Albuquerque metro resident is 37.1 years vs the

national average of 37.7 years

Favorable ratio of residents in the 20 to 34 year-old demographic

21.7% of our population is in this bracket, vs US avg. of 20.4%

The Albuquerque metros 20- to 34-year-old population will expand by

10.3% over a five year period (2006-2011), twice the national average of

5.1%

Source: Claritas, Inc. 2010 estimates. May not add to 100% due to rounding

Under 1825.1%

18 - 249.8%25 - 44

27.8%

45 - 6425.5%

65+11.9%


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Diversity

Source: Claritas, Inc. 2010 estimates

According to the 2000 Census, 35.5 percent of New Mexicos population is

bilingual. Of the states bilingual population, the majority (78 percent) speakSpanish/English.

White44.5%

Black orAfrican

American2.7%

AmericanIndian and

Alaska Native5.3%

Asian 1.7%

NativeHawaiian andOther Pacific

Islander0.1%

Some OtherRace 0.2%

Two or MoreRaces 2.0%

Hispanic orLatino44.3%


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Educational Attainment On a per capita basis the Albuquerque metro ranks among the top 25 largest

metros in the nation for cities with the most college graduates. 29% of the metro population has a bachelors degree or higher

60,000+ College Students Currently Enrolled Locally

Source: Claritas, Inc. 2010 estimates


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University of New Mexico

Main campus: 27,300 students

Health Sciences, Business, Engineering, Law, and

Education

UNM West, a 216-acre campus adjacent to RioRanchos City Center being developed

Branch campuses located across New Mexico


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CNM

28,000 students in 5 metro area campuses

Founded as a technical/vocational institute

Plans underway for Rio Rancho Campus

Offers customized training for new &

expanding employers


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NM Institute of Mining & Technology (NM Tech)

Located 60 miles south of

Albuquerque in Socorro

Undergrad & grad degrees in

science, engineering and

technology related fields

1,900 students


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New Mexico State University

Located in Las Cruces, NM

Over 30,000 students (inc. main campus and branches)

Aerospace Engineering Program graduate degree now in place Unmanned Aerial Systems testing and R&D

$150 million in externally funded research program
http://www.nmsu.edu/General/Maps/buildings/jett.html


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Other Colleges & Universities

Institution Name Type Enrollment

Estimated Annual

Graduates

University of New Mexico

(Valencia Branch)AS & certificate 1,988 130

University of Phoenix

(New Mexico Campus)

Certificate, AS, undergrad &

graduate1,500 425

National American University

(ABQ & Rio Rancho Campus)Undergrad & graduate 735 150

NM Highlands University

(Rio Rancho Branch) Undergrad & graduate 665 170

ITT Technical Institute AS & undergrad 610 160

Southwestern Indian Polytechnic

Institute2-year & certificate 550 65

Webster University Graduate 470 150

Brown Mackie College Bachelor's and Associates New - opened 2010 New - opened 2010

New Mexico Tech

(60 miles south of ABQ)Undergrad & graduate 1,920 190


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Educational Strides

NM ranked 20th nationwide in number of teachers

achieving board certification in 2009 NM now ranks 26th nationwide for total number of

National Board Certified Teachers over time (482)

ABQ ranked 39th most literate city

NM ranked 3rd for percentage increase in avg.

teacher salaries over the last decade

Moved from 67% of core courses taught by highly

qualified teachers to 98%

APS students received over $45 million in

scholarships in 2009 APS is the 34th largest public school district in the US

with over 90,000 students, 136 schools


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What Is Emerging?

Aerospace / AviationGeneral Manufacturing & Distribution

Corporate Shared Service Centers

Optics, Electronics, Clean Tech

Renewable Energy

Film & Digital Media


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AerospaceLockheed Martin

Honeywell Defense

Boeing SVSNorthrop Grumman

Goodrich Aerospace

Ball Aerospace

Crane Aerospace

SAIC

Moog AerospaceKAFB AFRL Directed Energy &

Space Vehicles Directorates


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Spaceport America

Located 180 miles south of ABQ near Truth or Consequences

Worlds first purpose-built commercial spaceport

Eight suborbital missions launched from the port

Virgin Galactic slated to be anchor tenant

Facilities under development, planned completion 2010


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Eclipse Aerospace

New company created from Eclipse Aviations bankruptcy,currently ramping up

Eclipse Aviation reached 2,000 employees before closing

Photos courtesy of Eclipse Aviation


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Southwest US Air Force Bases

Kirtland Air Force Base, Albuquerque,

NM 4,000 military

Over 10,000 military retirees inABQ

Approximately 150 militarypersonnel separate from Kirtlandannually

Cannon Air Force Base,Clovis, NM

Gov. & NM Leg. secured $5M forland to extend bombing range

Holloman Air Force Base,

Alamogordo, NM

White Sands Missile Range


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Kirtland Air Force Base

Team Kirtland employs

approximately 16,500 on base in

100+ mission partner organizations

Economic impact of $5.6 billion

$3.08 billion is local (54%)

Anticipate an additional $59M in

economic impact to local

community through mission

growth over next 2 years


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AFRL Space Vehicles Directorate &

Space Development and Test Wing

AFRL Center of Excellence for space R&D

Annual budget of $378 million

Experimental Satellite System-11 (XSS-11) microsatellite

Space Dev. & Test Wing operates several satellite opscenters at Kirtland


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Air Force Research Laboratories

AFRL Battlespace Environment Division

Opening in 2011 what will become a 250-person, world-class space

environment center of excellence

Transfer from Hanscom AFB (MA) through 2005 Base Realignment

and Closure


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Sandia National Laboratories @ 8,200 employees

927 AS, 1,373 BS/BA, 2,817 MA/MS, 1,527 PhD, 1,756 other

3,000 contractors, others 871 buildings, 5.8 million square feet

$2.5 Billion budget
http://images.google.com/imgres?imgurl=http://www.sandia.gov/news/resources/releases/2008/images/Andraka_solar.jpg&imgrefurl=http://www.sandia.gov/news/resources/releases/2008/mechanics.html&usg=__8qJPw7yLgVZ0Prntl3EkZJOKUi0=&h=2747&w=4153&sz=567&hl=en&start=18&um=1&tbnid=iaM4dGrmFunM2M:&tbnh=99&tbnw=150&prev=/images%3Fq%3Dsandia%2Bnational%2Blaboratories%26hl%3Den%26sa%3DN%26um%3D1


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MESA at Sandia Labs

Photo courtesy of MESA

Microsystems and Engineering Sciences Applications (MESA)

DOE initiative created to maintain nuclear ordinance


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CINT

Photo courtesy of CINT

Center for Integrated Nanotechnologies (CINT)

National user facility devoted to designing/testing nanotechnology


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Optics and Electronics

Intel Corp.

CVI Melles Griot

EMCORE Corp.

AgilOptics

Optomec

Applied Technology Associates

Advanced Optics ElectronicsApplied Research Associates

TEAM Technologies

Delta Group

Wavefront Sciences

Voss Scientific

Innovasic


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Intel

Another $2.5 billion investment

Fab 11X retooling for 32nm manufacturing,

2nd half 2009

3,300 employees and 1,000 1,500 contractors

Photo Courtesy of Intel Corp.


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Emcore

HQ in Albuquerque

325 employees in NM

Develops and manufactures fiber opticand solar products


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Ktech

Ktech acquired Poly-Flow & recently Entegris

Workers Compensation Savings: CA vs. NM

Photo courtesy of Ktech Corp.

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A Growing Solar Cluster

SCHOTT Solar

CFV Solar Test Lab

Fraunhofer R&D

Unirac

Direct Power & Water

Solar Distinction

Visible Light Solar

Emcore

SkyFuel

Optomec

Sacred Power

Array Tech.

SUMCO

Conergy

NM N l R P i l


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NM Natural Resource Potential

NM S l d Wi d P j


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NM Solar and Wind Projects

SCHOTT S l


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SCHOTT Solar

$500 million investment projected for Mesa del Sol

350 jobs in first phase; 1,500 total jobs

Manufacturing solar receivers, cells and modules

Photos courtesy of SCHOTT Solar

CFV S l T t L b d


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CFV Solar Test Lab and

Fraunhofer Research and Development

Solar product testing for North American and

international PV standards

Solar R&D focus on long-term reliability, safety,

decreased cost and increased performance

Creating 35 quality jobs

Located at Mesa del Sol


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UniRac

97 employees in Albuquerque

Provider of solar mounting solutions

Acquired by Hilti Group, construction and

building maintenance (20,000 emp.

worldwide)


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Green2V

$500 million PV mfg plant, R&D, and HQ in Rio Rancho

1,000,000 square foot facility, 124 acre site

1,500 jobs expected by 2014

S l Di ti ti /R
http://www.facebook.com/photo.php?pid=3909635&id=163152301644


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Solar Distinction/Regen

Consumer use solar panelmanufacturer

Plans for ABQ plant

announced Feb. 2010

Initial 300 jobs growing upto 500 employees

Established by Noribachi

Group, technology

accelerator

Vi ibl Li ht S l


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Visible Light Solar

LED/Solar lighting manufacturer

Hiring 35 in 2010

Expanded into 50,000 square feet

Backed by Noribachi Group


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SUMCO

Opened in Albuquerque in 1995

168 employees, adding 35 employees

$10M equipment IRB for expansion project

Manufactures and shapes silicone for solarapplications and electronics

Received $2.6M in federal tax credits

d


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Sacred Power Corporation

Native American owned, recent $1.6M loan gar. from SBA

Purchased 47,000 square foot facility at 12th & Aspen

Expanding from 40 to 60 employees in 2010 Develops solar systems for wide range of applications

Business growing rapidly

i l &


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First Solar & PNM

PNM signed contract to build five PV solar

installations across New Mexico

Just announced: 2MW, 30K panel project in ABQ

north of Journal Center on 16 acres AZ-based First Solar to supply 22MW of PNMs 45MW

PV requirement, project to be completed late 2011

V I G Wi d


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Vert-I-Go Wind Energy

Subsidiary of Texas-based Abundant Energy

60 jobs by 2013

Selected Clovis for turbine mfg plant and wind farm

Chose Clovis because of rail lines and wind patterns

S l
http://www.developclovis.com/documents/view/149


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eSolar

Google-backed eSolar to supply technology to NRG Energy

92MW solar farm, 450 acres in NM near El Paso

Purchase agreement with El Paso Electric

Expected to be operational in 2011

Photo courtesy of eSolar

J h Pl d T F b i i
http://greenwombat.blogs.fortune.cnn.com/2009/06/11/google-backed-esolar-to-build-new-mexico-solar-farm/esolar-sierra/


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Johnson Plate and Tower Fabrication

150 jobs

Verde at Santa Teresa, NM

Wind tower manufacturing

plant

C/D2 E t i


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C/D2 Enterprises

Opening plant in

McKinley County near

Gallup

Green construction

product

manufacturing

40 jobs, wages as

high as $23/hr

k ffi d h d i l


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Back Office and Shared Service Center Cluster

Fidelity Investments

Hewlett-PackardGAP Inc.

SiTEL

T-Mobile

Sprint

VerizonCitiCards

Blue Cross Blue Shield

Victorias Secret

eTelecare

ConvergysUS Forest Service

l k d


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Hewlett-Packard

Photo Courtesy of EaglesEyePhoto.com

Technical support, customer service and sales center

218,000 sf, Rio Rancho City Center

700 employees growing to 1,300

id li I


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Fidelity Investments

Shared services center

210,000 sf at Mesa del Sol

540 employees growing to 1,250

U S F S i


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U.S. Forest Service

Expanding into 98,000 sf facility,

which will accommodate 461

emp. eventually at Journal Center

Admin, IT, HR consolidation

ABQ serves as Regional HQ

employs 1,100

PR N i /E hi Ch l


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PR Newswire/Everything Channel

24-hour complex processing news

releases

Moved to newly constructed facility

at Jefferson Plaza in 2008

Half-way to 250 jobs planned, payingapprox. $30,000

Everything Channel offers marketing

services for tech. companies,

expanded to ABQ in 2009

PAYCHEX


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PAYCHEX

44,000 sq ft with $3 million in improvements

Will grow to 350 employees in payroll support

Opened August 2007


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Verizon Wireless

200,000 sq. ft. WDTS & Customer Service Center

1,600 employees and growing

CitiCards


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CitiCards

Credit card collections and customer servicecenter; employs 1,100



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Consolidation of operations

905 employees, 115 customer service

Balloon Fiesta Parkway at Interstate 25


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P i Th ti


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Prime Therapeutics

Mail order pharmacy: 70,000 sq ft

185 employees, opened 2007

Pharmacists and Pharmacy Technicians

Q C b C


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Qwest CyberCenter

$40 million investment in downtown Albuquerque

CyberCenter will house computer equipment and

back up data for corporate clients

One of a dozen such facilities in the US, could attract

Qwests customers to the area

T l


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Telecom

Qwest, Time Warner, Verizon Business, Xspedius, and others

Pops located throughout the metro area, most notably in theNorth I-25 Corridor and Downtown

Sonet ring around these areas

Access to New Mexico LambdaRail and National LambdaRail

Infrastructure, an advanced nationwide private broadband

network

Film/TV Projects


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Since 2003, 135 TV and film projects in New Mexico bringing $3 billion+ economicimpact to the state, many more projects are on the way.

No Country for Old Men

Indiana Jones and the Kingdom of the Crystal Skull

Terminator 4

Love Ranch

The Eye

Transformers 3:10 to Yuma

The Longest Yard

Beerfest

Wild Hogs

The Missing

Breaking Bad (TV) In Plain Sight (TV)

21 Annual NM Film Festivals

Film/TV Projects

Albuquerque Studios


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Albuquerque Studios

Initial Project: $74 million, 487,000 sq. ft.

2008 expansion: $16.6 million, 100,000 sq. ft.

Photo Courtesy of ABQ Studios

Sony imageworks


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Sony imageworks

State-of-the-art computer graphics animation facility Starting in Qwest building with 45 employees

ReelzChannel


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ReelzChannel

Only cable/satellite

network dedicated toeverything movies

Corporate HQ to ABQ

100 new jobs

Programming

Production

Web development

Creative services

Marketing Communications

Outcomes Health Information Solutions


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Outcomes Health Information Solutions

Albuquerque office opening July 2010

60 employees initially growing to 250 employees

Provides clinical data auditing and healthcare data analytics

services to major health systems nationwide

Ranked as one ofEntrepreneurs fastest growing companies in

2007 and 2008

UNM Cancer Research & Treatment Ctr


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UNM Cancer Research & Treatment Ctr.

Ranked one of Americas Best Cancer Hospitals,U.S. News & World Report, 2006

$88 million project, 190,500 square feet


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Healthcare


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Healthcare Albuquerque is home to first-class healthcare providers and facilities committed to serving

residents with the highest level of care

UNM Cancer Research Center newly constructed $90M, 200,000 sq. ft. facility UNM Children's Hospital recently completed $233M 476,555 sq. ft. hospital

Presbyterian Hospital in Rio Rancho to be completed late 2010, $165M investment.Pres Hospitals recent expansion in ABQ $14M 92,000 SF

Major Hospitals* Licensed Beds

Presbyterian 453University of New Mexico 618

Lovelace Medical Center 254

Lovelace Westside 98

Presbyterian Kaseman 170

Molina Healthcare of New Mexico

HMO New Mexico

Major Health Maintenance Organizations

Presbyterian Health Plan

Lovelace Health Plan

Blue Cross/Blue Shield of NM

*Includes only the largest hospitals


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Documents

ABQ Overview From ABQ Econ