FOR IMMEDIATE RELEASE
May 14, 2008
ALBUQUERQUE, N.M. —While Sandia National Laboratories spends a large portion of its funding within New Mexico, its economic footprint is thought to be much larger than the actual dollars it pays out. In fact, economic impact models have suggested that the effect Sandia has on the state’s economy is about three times the total amount the Labs spends on purchases and salaries.
That’s according to a recently released Sandia economic impact brochure that details total laboratory expenditures and the Labs’ effect on New Mexico’s economy.
“We decided to put out this 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. “And it’s significant.”
Sandia employs about 9,414 regular and temporary employees, of which 8,248 work at the New Mexico site. Its workforce is diverse. At the New Mexico site, the workforce consists of 68 percent men, 32 percent women, and 30 percent minorities. And in 2007, out of 975 new hires, 294 graduated from a New Mexico university.
Last year Sandia spent $1,016,403,000 on labor and non-contract related payments, $72,633,000 on procurement card purchases, $62,575,000 on the New Mexico corporate tax, and $1,013,672,000 on contract related payments.
Sandia is a National Nuclear Security Administration laboratory.
Other facts found in the brochure include:
For more information about Sandia’s economic impact on New Mexico, to obtain an economic impact brochure, or learn how to do business with Sandia, email email@example.com or call 1-800-765-1678.
Sandia is a multiprogram laboratory operated by Sandia Corporation, a Lockheed Martin company, for the U.S. Department of Energy’s National Nuclear Security Administration. With main facilities in Albuquerque, N.M., and Livermore, Calif., Sandia has major R&D responsibilities in national security, energy and environmental technologies, and economic competitiveness.
Sandia news media contact: Chris Burroughs, 505-844-0948, firstname.lastname@example.org