ALBUQUERQUE, N.M. — Sandia Science & Technology Park (SS&TP) will host a news conference for Albuquerque Mayor Richard Berry to announce the results of an economic impact report by the Mid-Region Council of Governments (MRCOG). The conference will be Tuesday, Aug. 3, at 10:45 a.m. at Ted Hobbs Park on Innovation Parkway at the research park.The new independent report shows SS&TP has benefitted the local economy for more than a decade with job creation, increases in state and local tax revenues and higher-than-average wages for its employees when compared with the average wage in the metro area.
Members of the news media can attend a news conference to hear the results of the report Tuesday, Aug. 3, at 10:45 a.m. The conference will be at SS&TP in the Ted Hobbs Park at the intersection of Gibson Boulevard SE and Innovation Parkway (two blocks east of Eubank Boulevard). Please contact Heather Clark at 844-3511 or Stephanie Holinka at 284-9227, if you plan to attend or have questions.
Dewey Cave, interim executive director of MRCOG, will talk about how SS&TP supports the community.
Jackie Kerby Moore, the park’s executive director, and Sherman McCorkle, chairman of the board of directors for the SS&TP Development Corp. and president and CEO of Technology Ventures Corporation, also will be available to talk with reporters after the announcement.MRCOG assessed the research park’s economic impact from its creation in May 1998 through the end of 2009. The report measures the number of jobs created in the Albuquerque area as a result of the park, state and local tax revenues, population growth, spending in the community and wage and salary levels.
The award-winning SS&TP is a 250-acre master-planned research park located next to Sandia Labs, giving the park’s 30 tenant firms access to the Labs’ scientists and engineers. Many tenants either supply Sandia with goods and services or technological products or have licensed and commercialized technologies that originated at the federal laboratory.
The park was named Outstanding Research Park of the Year in 2008 by the Association of University Research Parks.
Several Sandia National Laboratories facilities are located in the park, including the Center for Integrated Nanotechnology, the International Programs Building, the Computer Science and Research Institute and the Innovation Parkway Office Center.
The park is a partnership of Sandia, the Department of Energy’s National Nuclear Security Administration, Lockheed Martin Corp., Technology Ventures Corporation, the city of Albuquerque, Albuquerque Public Schools, Bernalillo County, the Mid-Region Council of Governments, BUILD New Mexico/Union Development Corporation, the New Mexico State Land Office, the state of New Mexico, the Public Service Company of New Mexico and the U.S. Economic Development Administration.