ALBUQUERQUE, N.M. — Sandia National Laboratories’ economic impact on New Mexico is detailed in a recently released brochure.
“The purpose of the brochure to let the public know how much Sandia contributes to the state’s economy in both dollars and community efforts,” says Don Devoti, manager of Sandia’s Small Business Utilization Department. “Most people are aware that Sandia plays a key role in New Mexico’s economy. They just don’t know the extent.”
Among some of the highlights in the brochure are:
- Last year Sandia spent nearly $1.02 billion on labor and noncontract-related payments, nearly $71 million on procurement card purchases, more than $54 million on the New Mexico corporate tax and nearly $987 million on contract-related payments. New Mexico businesses received 35 percent (or more than $340.5 million) of Sandia’s total contract-related payments.
- Sandia’s FY08 contract-related payments made to specific socioeconomic business categories in New Mexico include:
- $59.7 million to women-owned small businesses
- $32.2 million to small disadvantaged businesses
- $12.1 million to veteran-owned small businesses
- $2.2 million to service disabled veteran-owned small businesses
- Last fiscal year Sandia employed 9,137 regular and temporary employees including 8,158 at the New Mexico site.
- Sandia maintains a diverse workforce. At the New Mexico site, the FY08 workforce comprised 68 percent men, 32 percent women and 30 percent minorities.
- As of Oct.1, 28 organizations made the Sandia Science & Technology Park their home, employing 2,284 people in direct jobs. Total investment in the park exceeds $306 million. The average wage in the park is $70,400, compared to the Albuquerque metropolitan area average of $37,300 for a full-time job.
- In 2007 there were 315 New Mexico Small Business Assistance Program (NMSBA) projects that invested nearly $2.7 million in technical assistance for 288 New Mexico small businesses.
- Sandia is the largest corporate contributor to the United Way of Central New Mexico, contributing more than $3.7 million in 2008. Also, Lockheed Martin, on behalf of Sandia, donated more than $1 million to nonprofit organizations in the community during FY08.
To obtain a printed copy of the brochure and for more information about Sandia’s economic impact on the economy call (800) 765-1678 or email supplier@sandia.gov. The brochure is available online at http://www.sandia.gov/about/community/economy.