Intel plans to expand its New Mexico workforce by more than 300 employees in 2019.
“Intel has long been a valuable community partner, and this is excellent news for New Mexico,” said Tiffany Avery, Sandoval Economic Alliance director of marketing and communications. “These are important, economic-base jobs for our community, and they positively impact the metro area and state as well. Jobs like these generate wealth, and additional jobs both directly and indirectly.”
Avery said SEA has worked with Intel and local governments to ensure such growth continues.
Rio Rancho Mayor Gregg Hull said he was excited about the new high-quality jobs.
“Job growth is essential to the strength and sustainability of a local economy,” Hull said. “Intel’s latest announcement to add more jobs continues the trend over the past two years of increasing their Rio Rancho workforce and, as importantly, their capital spending here.”
Intel is in unincorporated Sandoval County, although it lies against Rio Rancho city limits and is often considered an unofficial part of the city.
“The Rio Rancho site continues to be an important part of Intel’s global manufacturing network, and is manufacturing semiconductor products that are critical to Intel’s ability to secure, power and connect billions of devices and the infrastructure of the smart, connected world,” said Intel New Mexico Site Manager Katie Prouty.
According to a news release from the New Mexico Economic Development Department, Intel designs and manufactures technologies that power the cloud, and its products are addressing demands to process, analyze, store and transfer data.
Intel is New Mexico’s largest manufacturing company, and since opening the Sandoval County facility in 1980, has invested more than $16 billion in the state, according to the release.
“The decision by Intel to grow its workforce in Rio Rancho represents yet another significant positive investment being made in a New Mexico community and its workforce in recent weeks,” said Lujan Grisham.
Economic Development Cabinet Secretary Alicia J. Keyes said the Intel announcement comes on the heels of decisions by Union Pacific to expand in Santa Teresa and Virgin Galactic to move 100 employees to Spaceport America as it prepares for commercial space launches.
“Businesses are seeing the advantages of New Mexico, our workforce, our climate and our strong incentives,” Keyes said. “This is good news as we work to diversify our economy and provide better jobs all across the state.”
Intel employs about 1,200 in Sandoval County with many skilled technicians, production managers and engineers. The total compensation for each Intel job in Rio Rancho is $145,000, according to the release.
The new jobs are expected to be local hires and relocations to New Mexico.
Several kinds of technologies are supported at Intel’s Sandoval County facility. According to the news release, Rio Rancho’s experienced workforce as well as the state’s overall business climate contributed to the company’s decision.
The company added that New Mexico’s federal Congressional delegation, Sandoval County and the City of Rio Rancho have always been supportive, which Intel leaders appreciate.