ALBUQUERQUE, N.M. — A new, independent report concluded that the Sandia Science & Technology Park continues to be a major contributor to Albuquerque’s regional economy. Since it was established in 1998, companies and organizations in the research park have paid nearly $7.2 billion in wages and generated more than $4 billion in taxable personal consumption, […]
Tag Archives: Sandia Science & Technology Park
Sandia Science & Tech Park spurs economic growth
August 12, 2020 – 5:00 am
ALBUQUERQUE, N.M. — A new, independent report has concluded that the Sandia Science & Technology Park contributed significantly to the local economy in 2018-19 by adding 310 jobs and generating increases in economic activity and tax revenue to the city and New Mexico. The report by the Mid-Region Council of Governments presents the park’s economic […]
Sandia Science & Technology Park celebrates 20 years, announces positive economic impact
August 24, 2018 – 10:45 am
ALBUQUERQUE, N.M. — The Sandia Science & Technology Park, home to 26 buildings, 47 companies and organizations and more than 2,050 jobs celebrated its 20th anniversary Friday and highlighted the park’s economic impact through 2017. Sandia National Laboratories Director Steve Younger joined Albuquerque Mayor Tim Keller at SolAero Technologies Corp. to release findings of a […]
Sandia Science & Technology Park fuels economy with jobs, tax revenue
November 19, 2014 – 1:00 pm
ALBUQUERQUE, N.M. — The $2.3 billion worth of economic activity generated by the Sandia Science & Technology Park (SS&TP) since it was established in 1998 has produced more than $89 million in tax revenue for the state of New Mexico and $12.9 million for the city of Albuquerque in the past 16 years. That’s the […]