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Economic Development

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Located along the Rio Grande, at the base of the Magdalena and Ladron mountain ranges, Socorro is a community on the frontier of technology. It’s home to the National Radio Astronomy Observatory, the Magdalena Ridge Observatory and the New Mexico Institute of Mining and Technology (NM Tech), one of the nation’s top-rated technology, research and engineering universities.

Socorro’s position, at the crossroads of Interstate 25 and U.S. Highway 60, in the geographic center of New Mexico, makes it an ideal location for technology, research and manufacturing. A scant hour’s drive south of Albuquerque (and the International Sunport Airport) and a bit more than an hour’s drive north of the SpacePort and the NASCAR test track facilities, Socorro is central in the growing high-tech corridor of the Rio Grande Valley.

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Socorro is served by a modern airport with a 5,800-foot runway, complemented by two lighted runways, a 4,600-foot and a 5,800-foot VOR/DME approach and 100 low lead gasoline on site. Shipping is also available through the Burlington Northern Santa Fe Railroad spur that runs adjacent to the City’s Industrial Park.

Communications are top of the line in Socorro County. Wireless Internet is available throughout the city and is offered free of charge. High-speed fiber is already available for those locating in NM Tech’s research park. For those businesses looking at the city’s industrial park, high-speed fiber can be made available. Businesses located in Socorro can also gain access to high-speed national research networks such as LambdaRail and Internet2.

Socorro has two prime locations for business and research. The city-owned park consists of 800 acres of property adjacent to the railroad and bisected by Highway 60. It is only minutes from both Interstate 25 and the Socorro City Airport. The NM Tech Research Park is located at the base of “M” Mountain. With a total of 650 acres, including utilities, the site is adjacent to a 32-square mile testing area capable of handling ordnance and other explosive materials. Alliant Tech and Aerojet are two companies located in this park. The proximity to the main campus provides a strong connection to both the academic and research activities at the university.

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A trained labor force and university distinguishes Socorro County as a prime target for further development of high tech industry. In particular, NM Tech graduates a large number of highly skilled professionals each year who seek positions in a wide range of science and technology related fields, many locally.

Not only are all the logistical requirements for new businesses present in Socorro, but the county is a technical and industrial haven set inside a spacious and breathtaking environment. The 10,000-foot peaks of the Cibola National Forest and Bosque de Apache Wildlife Refuge are a dramatic contrast to the surrounding high desert atmosphere. The air is fresh, the sky is clear and the mountains rise over the horizon. In this day and age, a combination of industry and technology right next door to a beautiful natural environment is nearly unheard of. The opportunity to live and work in such an area is even more exceptional.

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