Doing Business
Location
Springer is strategically located on Interstate 25, halfway between Albuquerque and Denver. Interstate 25 connects the United States to the Mexican and Canadian borders. Tens of thousands of vehicles pass Springer via I-25 daily.
Workforce
Colfax County has a labor force of just over 6,500, with unemployment at 9.1% or nearly 600 unemployed persons. The average wage per job in 2009 was $30,580. This represents an increase of 14 percent over the last five years. Nearly 85 percent of the population 25 years and older has graduated from high school and slightly more than 20 percent have a bachelor’s degree or higher.
Employment by Industry in Colfax County, 3rd Quarter 2010
Industry Average # Employed Average Weekly Wage
Agriculture, Forestry 45 $511
Mining NA NA
Utilities 75 $881
Construction 319 $725
Manufacturing 154 $554
Retail Trade 736 $416
Transportation & 71 $810
Warehousing
Information 45 $448
Finance & Insurance 155 $675
Real Estate 46 $459
Professional & 109 $911
Technical Services
Management of Companies 30 $233
Administrative & Waste 42 $555
Services
Educational Services NA NA
Health Care & Social 935 $724
Assistance
Arts, Entertainment 81 $327
Accommodation & Food 961 $370
Other Services 884 $318
Public Administration 375 $721
Source: New Mexico Department of Workforce Solutions, Economic Research & Analysis Bureau
Transportation
In addition to Interstate 25, Springer Municipal Airport is available for private air service, Its 5,000-foot runway can easily accommodate small jets. BNSF Railroad, the major force behind Springer’s early development, still passes through the town, and Amtrak is available 38 miles north at Raton. Commercial air service is available in Albuquerque, and Pueblo and Colorado Springs, Colorado.
Logistics
Both UPS and Federal Express provide daily parcel service to Springer.
Incentives
The State of New Mexico offers an extensive list of tax credits and deductions for businesses creating new jobs. Perhaps the most important program for businesses and New Mexico residents seeking new skills is the Job Training Incentive Program.
Business Assistance
Antoinette Vigil, New Mexico Economic Development Department
Community, Business, and Rural Development Team
Antoinette.vigil@state.nm.us
Small Business Development Center
Luna Community College
Springer Satellite Campus 575.483.5009
WESST
Santa Fe Office 800.GO WESST
www.wesst.org