ALBUQUERQUE, N.M. — Sandia Science & Technology Park (SS&TP) will host a news conference Tuesday to announce the results of an economic impact report by the Mid-Region Council of Governments (MRCOG). The findings will be reported by the city of Albuquerque, represented by Chief Administrative Officer Rob Perry, and Bernalillo County, represented by Commissioner Maggie Hart Stebbins.
The new, independent report shows SS&TP has benefitted the local economy for more than a decade through 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. 28, at 10:30 a.m. It 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 Nancy Salem at 844-2739 if you plan to attend or have questions.
Dewey Cave, executive director of MRCOG, will talk about the economic impact assessment.
Steve Rottler, Sandia’s chief technology officer and vice president of science and technology, will discuss Sandia’s relationship with the park. Jackie Kerby Moore, the park’s executive director, and Sherman McCorkle, chairman of the board of directors for the SS&TP Development Corp., also will be available to speak with reporters.
MRCOG assessed the research park’s economic impact from its creation in May 1998 through the end of 2011. The report measures the number of jobs created in the Albuquerque area as a result of the park, state and local tax revenues, spending in the community and wage and salary levels.
The award-winning SS&TP is a 300-acre master-planned research park located next to Sandia National Laboratories, giving the park’s companies and organizations access to Sandia’s scientists and engineers. Many park companies either supply Sandia with goods and services or technological products or have licensed and commercialized technologies that originated at the national laboratory.
The park received the 2012 State and Local Economic Development Award from the Federal Laboratory Consortium.
Several Sandia Labs facilities are located in the park, including the Center for Integrated Nanotechnology, the Cyber Engineering Research Lab, the International Programs Building, the Computer Science and Research Institute and the Innovation Parkway Office Center.
The park is a partnership of Sandia, the U.S. Department of Energy, Lockheed Martin Corp., Technology Ventures Corp., the city of Albuquerque, Albuquerque Public Schools, Bernalillo County, the Mid-Region Council of Governments, BUILD New Mexico/Union Development Corp., the New Mexico State Land Office, the state of New Mexico, Public Service Company of New Mexico and the U.S. Economic Development Administration.