Border boom pushes NM exports to record $5.4 billion
23 Mar 2022
News
New Mexico exports ballooned by 46% in 2021 to a new annual record of $5.4 billion, thanks largely to bustling activity at the Santa Teresa industrial parks along the Mexican border.
Total worldwide sales jumped by nearly $1.7 billion last year compared with 2020, representing a huge turnaround from a pandemic-induced trade slump in 2020.
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New Mexico Governor Michelle Lujan Grisham announced the delivery of $60 million dollars for infrastructure investments in New Mexico's Borderplex.
The money is intended to support economic development and global trade and build on prior investments in Santa Teresa.
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"We're not as sexy as film. We're not as sexy as Richard Branson flying to space. While it's important we pursue those two areas and nanotechnologies and bio-whatever, you can't forget what's going on at the border and what I call meat and potatoes," Jerry Pacheco said at an Economi...
ALBUQUERQUE, N.M. – Sitting at the wheel of a gleaming Freightliner Cascadia truck with almost 40 tons of cargo in the trailer behind him, Paul Norero watches the light for the entrance ramp to I-25 turn green. He checks his mirrors and cross-traffic and presses down on the accelerator.
Halfwa...
