Carlsbad, New Mexico, Offers a Strong Manufacturing Environment for Business Expansion

Carlsbad, New Mexico, Offers a Strong Manufacturing Environment for Business Expansion Main Photo

29 Oct 2024


News

Carlsbad and Eddy County are one of the fastest-growing areas in New Mexico, with a growth rate of 15.8% according to the last census. Manufacturing firms that move to New Mexico will find the perfect mixture of a strong workforce and ample space for expansion. The state also offers several tax incentives to bring businesses to the region.  

Put Carlsbad on your map. Here are five reasons why you will benefit from expanding your manufacturing operations to Southeast New Mexico. 

1. There are Plenty of Commercial Spaces 

The American West is known for having plenty of space, and Carlsbad is no exception. You can spread out your operations with our affordable real estate and ample facilities that are ready for use. Whether you want to move into a vacant warehouse with foam fire suppressant systems or start from scratch with semi-developed land, there’s space for your manufacturing business in Carlsbad. 

2. Your Business Can Tap Into a Workforce of 169,000

More than 169,000 people live within an hour from the center of Carlsbad, with more arriving in the city each year. To take a deeper dive, 62,000 people live within 30 minutes of the city center and 43,000 just 15 minutes away.

Carlsbad has a civilian labor force of 33,000 and a low unemployment rate of 2.4%. The people you hire for your manufacturing facility will have the skills and experience you need from their previous employers.  

3. Carlsbad Supports Manufacturing Businesses of All Sizes

Manufacturing firms range from multi-facility enterprises to small, family-run businesses. Out of 238,851 manufacturing companies in the United States, only 1.6% have more than 500 employees. Only 25% have more than 20 employees.

Start your next chapter in Carlsbad, whether it’s time to open a new location or relocate your business entirely. 

4. You Can Attract New Clients With Reshoring 

Reshoring occurs when a business moves its operations back to its home country instead of relying on offshore production facilities. It has been a popular trend since the COVID-19 pandemic when companies couldn’t import goods and materials because of closed international borders. The growing number of port strikes has also boosted efforts to bring production back to the United States.

Moving your business to Carlsbad instead of opting for international expansion can make your company more appealing to customers. Other firms can feel confident that their orders will not be delayed by supply chain disruptions or international conflict. Your business becomes the low-risk, high-reward option. 

5. You Can Market Your Products as American-Made

B2C brands also benefit from moving their manufacturing facilities to Carlsbad. Two-thirds of Americans (65%) specifically seek out products made in the United States. Many people are also willing to pay more for American-made products, even during periods of economic stress.

Let your move to Carlsbad be a marketing tool for your business. Promote your products as American-made and see how your customers respond. This could be the boost in sales you need to bring your manufacturing business to the next level.  

Discover the Manufacturing Economy of Carlsbad

Our strength in Carlsbad is our diversity. We have a strong workforce with diverse skill sets, a varied business environment that caters to different industries, and a unique culture that celebrates New Mexico life. If you haven’t toured our city recently, it’s time to come home. Learn more about the additional incentives, utilities, and available real estate in Carlsbad. We have everything to support site selectors and the businesses they represent.