Manufacturing in Carlsbad, New Mexico, is Pioneering Innovation for Today and the Future
27 Oct 2023
Manufacturing jobs have long been associated with repetitive, laborious tasks conducted in grimy, dimly lit, and sometimes dangerous settings. However, the landscape of modern manufacturing in 2023 has undergone a dramatic transformation. This shift is characterized by cutting-edge technologies harnessed to craft exceptional and distinctive products.
According to MNI, compiler of the industrial information that powers IndustrySelect, Carlsbad is currently home to 1,537 industrial workers. Additionally, Eddy County ranks 3rd in New Mexico in terms of the total number of manufacturing jobs with 5,119.
During Manufacturing Month, the Carlsbad Department of Development takes great pride in recognizing and celebrating the remarkable employment opportunities and pioneering innovations propelling our local economy to new heights.
Manufacturing Day helps show the reality of modern manufacturing careers by encouraging thousands of companies and educational institutions nationwide to open their doors to students, parents, teachers, and community leaders. Manufacturing careers are full of opportunities for exciting endeavors, personal advancement, and stability.
Today’s typical manufacturing roles incorporate the latest technology, like artificial intelligence, cloud computing, and robotics, into existing processes, quality control, and problem-solving techniques. Additionally, sustainability is quickly becoming a focused aspect of manufacturing as companies seek to find ways to produce customary items in manners that coexist positively with their natural environment.
Carlsbad, New Mexico, has Numerous Benefits for Manufacturing Companies.
Carlsbad, New Mexico, offers national and global manufacturing companies several advantages. Among them is robust transportation access, allowing businesses to receive raw materials and ship finished products quickly and efficiently to and from major markets throughout the country and the world.
Manufacturing companies reap the advantages of reduced traffic congestion and seamless access to their target markets, facilitated by the well-connected Routes 62 and 285. Furthermore, freight can be efficiently transported by the Southwestern Railroad and via air through the Cavern City Air Terminal for the swift transportation of goods.
Sites and buildings are available for manufacturing companies looking to expand. Here, businesses have the room they need to grow, and local economic developers are available to make it easy to find the perfect location. In some instances, financial incentives make the move an even better investment.
New Mexico offers a variety of state incentives and competitive tax policies designed to promote economic growth. Existing, new, and relocating businesses can benefit from using these programs to fund workforce training or assist in expanding manufacturing capabilities.
Explore the available local incentives, state incentives, and New Mexico’s competitive tax policies.
New Mexico is a State for Manufacturing Growth
Manufacturing’s importance in Carlsbad and throughout New Mexico comes from its stability and growth, ultimately creating jobs and economic opportunities for local communities. Manufacturing contributes over $4.3 billion to the Gross State Product annually, according to the National Association of Manufacturers (NAM). Other significant data includes:
- $4.3 billion in exported manufacturing goods
- Over 1,000 New Mexico manufacturers employ 32,500 people
- Average annual compensation of $51,660
Manufacturing is a Growing Industry in Carlsbad, New Mexico
Are you thinking of moving your manufacturing company to Carlsbad, New Mexico? Carlsbad Department of Development (CDOD) can help with site selection, business expansion, or start-up needs. Explore our website to research Carlsbad’s work environment, recreation, and quality of life. Follow us on Facebook and LinkedIn.