 Rio Grande River New Mexico Business- Up and
Down the Rio Grande by Howard
Giske-6947. The
population of New Mexico, which is almost 2 million, is concentrated in
the Rio Grande Corridor, which is a rift valley that cuts the state in
two from the North to the South. Down the rift travels the nation's
second longest river, the Rio Grande. Around this valley are the major
cities of the state.
Albuquerque is the largest, with 800,000 people in its metropolitan
area. Santa Fe, 7,000 feet above sea level, is the capital, and is the
third largest city. La Cruces, in the south central area is near the
agricultural area of Mesilla Valley, also the home of much chile pepper
production. It is home to the New Mexico State University, and is the
second largest city in the state with 82,000 people. Taos in the
northern part of the state is known for its artist colony and Indian
artifacts and crafts production. Taos also has a white-river
recreational area nearby and fishing, plus skiing in the wintertime.
There’s plenty more places for your New Mexico Incorporation.
New Mexico has a fascinating history of advanced Indian cultures
responsible for cliff dwellings and multi storied stone buildings from
the 13th century. Beginning in the 17th century, the area of New Mexico
was part of Spanish America, as artifacts, and mission buildings and
state names recall. In modern times, New Mexico was critical for the
development of aerospace in the United States. It was an area that
encouraged new thinking. Robert Goddard, later known as the father of
rocketry, set up shop in New Mexico for his experiment in the 1930s,
which were attacked and ridiculed until they were shown to be critical
breakthroughs. In recent history, New Mexico was the site of the World
War II Manhattan Project - the crash project to develop nuclear
weapons. There are currently 3 air force bases Kirtland, Holloman and
Cannon, in New Mexico, and major national laboratories, Sandia and Los
Alamos, which account for a large amount of the economy of the state.
These facilities work in nuclear weapons, nuclear energy, and the space
program. White Sands Space Harbor, near Las Cruces, is a training
center for Shuttle astronauts.
Albuquerque is also the home of the University of New Mexico. Rio
Rancho, outside Albuquerque, is the fastest growing city in the state,
and is home of a new $2 billion Intel semiconductor facility. Private
investment funds are investing in New Mexico jobs, together with major
state support. A recent large investment was given to Eclipse Aviation,
near Albuquerque - a company that combines the passion for aviation of
its founder, with a NASA initiative to develop efficient lightweight
engines, and now produces small planes for private flights. Virgin
Galactic, a company which plans to offer sub-orbital, and later
orbital, spaceflights to the paying public will locate near Upham in
southern New Mexico, and will establish its worldwide headquarters in
New Mexico.
The federal government hires one out of every four New Mexico workers -
this includes the U.S. Military, National Parks Service and National
Forests. Agriculture and livestock breeding are also a large part of
the state's economy, as is extensive mining, and tourism. There is no
sales tax, but a gross receipt tax. The top personal income tax rate is
5.80%, and the top corporate income tax rate is 7.60%. There is no
estate or inheritance tax.
Howard Giske writes about how to get your New Mexico
Incorporation and other business info at Inc
Paradise
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