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
505 S. Main, Suite 134
P.O. Box 1299
Las Cruces, NM 88004
575.525.2852 www.mveda.com
Doña Ana County Economic Indicators
For the quarter ending June 30th except as noted:
2008
2009
% Change
Labor & Employment (1)
Civilian Labor Force
90.250
89,349
- 1.0%
Total Employment
85,780
82,829
- 3.4%
Unemployment
4,470
6,520
+45.9%
Unemployment Rate (%)
5.0%
7.3%
Nonagricultural Wage/Salary Employment
68,500
66,400
- 3.1%
Wage/Salary Employment by Sector (NAICS)
Construction
4,500
3,600
-20.0%
Manufacturing
3,100
2,900
- 6.5%
Trade, Transportation & Utilities
10,500
9,900
- 5.7%
Information
1,000
900
- 10.0%
Financial Activities
2,600
2,600
0.0%
Professional & Business Services
6,700
6,300
- 6.0%
Education & Health Services
11,100
11,400
+ 2.7%
Leisure & Hospitality
7,200
7,000
- 2.8%
Other Services
1,700
1,700
0.0%
Government
20,100
20,100
0.0%
Construction (2)
Residential/New Single Family Valuations ($)
47,138,480
39,733,288
-15.7%
No. of Permits
280
232
-17.1%
Commercial/New Construction Valuations ($)
12,669,770
9,786,000
-22.8%
No. of Permits
13
7
-46.2%
Total Valuations (All Classifications) ($)
78,297,193
69,250,861
-11.6%
Total Reported Gross Receipts (3)
All Industries ($)
1,729,625,310
1,678,243,936
- 3.0%
Retail Trade ($)
451,258,121
406,145,661
- 10.0%
Accomodations & Food Services
64,925,264
74,597,810
+14.9%
Lodgers Tax Receipts ($) (4)
468,945
444,044
- 5.3%
Lodging Occupancy Rates (4)
66%
63%
- 4.5%
Average Room Rate ($) (4)
68.25
68.53
+ 0.4%
Total Reported Gross Receipts (NAICS) (3)
Agriculture ($)
9,566,169
12,226,197
+27.8%
Construction & Mining ($)
207,655,912
198,880,728
- 4.2%
Manufacturing ($)
116,205,042
105,037,299
- 9.6%
Trade, Transportation & Utilities ($)
663,737,553
575,480,580
- 13.3%
Information ($)
18,707,242
21,433,864
+14.6%
Financial Activities ($)
40,760,297
39,301,568
- 3.6%
Professional & Business Services ($)
122,790,739
138,944,095
+13.2%
Education & Health Services ($)
240,950,154
314,716,945
+30.6%
Leisure & Hospitality ($)
68,172,633
79,705,327
+16.9%
Other Services ($)
160,858,318
129,240,066
-19.7%
Public Administration ($)
6,407,811
3,570,608
-44.3%
Unclassified ($)
73,813,440
59,706,662
-19.1%
(1) Source US DOL, Bureau of Labor Statistics: June 08 vs June 09; Not seasonally adjusted (2) Source: Doña Ana County and City of Las Cruces Community Development Departments (3) Source: New Mexico Taxation & Revenue Department (4) Source: Las Cruces Convention & Visitors Bureau
Summarized by Mesilla Valley Economic Development Alliance, September, 2009
