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To view Las Cruces area information on economic development select the appropriate category from the menu below:
 
 
MVEDA
 

The Mesilla Valley Economic Development Alliance (MVEDA) is a public/private sector economic development partnership that serves the Las Cruces MSA, including Dona Ana County, the second most populated county in New Mexico. MVEDA is the central point of contact for industries considering relocating and expanding into the area, providing the facts and assistance needed for evaluation.

  * Labor Market Analysis
* Land and Building Options
* Financial Contacts
* Job Training and Employee Recruitment Assistance
* Custom Research
* Coordination of State and Local Assistance
* Custom Site Tours
* One-Stop Convenience

MVEDA is a 501(c)3 non-profit organization contracted by the City of Las Cruces and Dona Ana County to provide economic development and marketing for the region. MVEDA is ten years old and actively promotes the county as a location site to new industries. Primary existing potential industrial areas are located in Las Cruces, Santa Teresa, Sunland Park, Anthony, Hatch, Rincon and Chaparral. MVEDA has assisted in the location of new industries and the expansion of local industries. These businesses add new jobs in Dona Ana County and represent hundreds of millions of dollars of capital investment.

Location Services
Confidential business location assistance is a major service of MVEDA. This can include: (1) Arranging and conducting on-site land and building tours; (2) Arranging meetings with local officials or key business and industry leaders; (3) Providing confidential site analysis; and (4) Assisting as a troubleshooter on land and building issues with public entities prior to move-in. MVEDA also functions as a liaison with local elected officials, city and county administrative departments, the New Mexico Economic Development Department, the New Mexico Department of Labor and other government agencies as needed.

Continuing Technical Assistance
MVEDA provides continuing assistance to promote the growth and success of new or existing companies. The organization also can assist with preliminary work on industrial revenue bonds through the City of Las Cruces or Dona Ana County, assist preparations for state in-plant training applications, provide introductions to representatives of venture capital organizations and a variety of other business assistance and promotion sources within the state and region.

 



One of top 2 small metro areas
for business 2006 Forbes.com

One of top 5 places to retire
– 2006 AARP Magazine

One of top 5 places to retire
– 2005 CNN-Money.com

One of top 2 small metro areas
for business– 2004 Milken Institute

One of top 3 small metro areas
for business” – 2003 Milken Institute

Best small metro area for business
– 2002 Forbes.com

     
     
  ABOUT MVEDA

MVEDA has a 13-member board of directors. In addition to representatives from the city and county, the two other public sector partners are New Mexico State University and Dona Ana Branch Community College.The nine private sector representatives on the MVEDA board are from: Greater Las Cruces Chamber of Commerce; Hispano Chamber of Commerce de Las Cruces; Mountain View Regional Medical Center; El Paso Electric; Public Service Company of New Mexico; Las Cruces Machine, Manufacturing and Engineering; Multi-Plastics of New Mexico; Catalina Development Company; and Santa Teresa Real Estate Services.

MVEDA is partially funded by more than 65 private companies and individuals through annual contributions. If your business is considering a move, MVEDA is ready to help make your move a success.


Mesilla Valley Economic
Development Alliance


First Community Bank
3rd Floor
277 E. Amador Ave.
Las Cruces, NM 88001
575.525.2852
www.mveda.com
www.nmborderplex.com

 
     
   
  Doña Ana County
Economic Indicators
  For the year ending December 31 except as noted:  
                 
      2009   2010   % Change  
  Labor & Employment (1)              
  Civilian Labor Force   90,401   93,644   + 3.6%  
  Total Employment   84,238   86,005   + 2.1%  
  Unemployment   6,163   7,639   +23.9%  
  Unemployment Rate (%)   6.8%   8.2%      
  Nonagricultural Wage/Salary Employment   68,500   69,300   + 1.2%  
                 
  Wage/Salary Employment by Sector (NAICS)              
  Construction & Mining   3,700   3,600   – 2.7%  
  Manufacturing   2,900   2,800   – 3.4%  
  Trade, Transportation & Utilities   9,900   9,900      0.0%  
  Information   800   900   +12.5%  
  Financial Activities   2,500   2,300   – 8.0%  
  Professional & Business Services   7,000   7,700   +10.0%  
  Education & Health Services   11,400   11,700   + 2.6%  
  Leisure & Hospitality   7,000   7,100   + 1.4%  
  Other Services   1,700   1,600   – 5.9%  
  Government   21,600   21,800   + 0.9%  
                 
  Construction (2)              
  Residential/New Single Family Valuations ($)   140,091,716   137,923,836   – 1.5%  
  No. of Permits   785   703   –10.4%  
  Commercial/New Construction Valuations ($)   26,033,794   13,557,163   –47.9%  
  No. of Permits   33   37   +12.1%  
  Total Valuations (All Classifications) ($)   236,826,801   212,115,266   –10.4%  
                 
  Total Reported Gross Receipts (3)              
  All Industries ($)   6,557,558,358   6,885,955,670   + 5.0%  
  Retail Trade ($)   1,615,455,110   1,640,100,325   + 1.5%  
                 
  Total Reported Gross Receipts (NAICS) (3)              
  Agriculture ($)   62,600,589   54,463,576   –13.0%  
  Construction & Mining ($)   757,831,674   799,646,565   + 5.5%  
  Manufacturing ($)   468,768,402   460,933,195   – 1.7%  
  Trade, Transportation & Utilities ($)   2,443,332,318   2,796,258,655   +14.4%  
  Information ($)   130,695,839   168,421,252   +28.9%  
  Financial Activities ($)   139,115,115   139,940,940   + 0.6%  
  Professional & Business Services ($)   481,228,029   580,538,762   +20.6%  
  Education & Health Services ($)   1,086,397,390   1,139,155,289   + 4.9%  
  Leisure & Hospitality ($)   287,824,705   293,371,233   + 1.9%  
  Other Services ($)   487,109,130   400,986,459   –17.7%  
  Public Administration ($)   20,141,462   2 5,479,710   +26.5%  
  Unclassified ($)   189,678,991   26,760,033   –85.9%  
                 
  (1) Source US DOL, Bureau of Labor Statistics: Aug 09 vs 10; Not seasonally adjusted
(2) Source: Doña Ana County and City of Las Cruces Community Development Departments
(3) Source: New Mexico Taxation & Revenue Department
Summarized by Mesilla Valley Economic Development Alliance, April, 2011
 
   
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