AnnUAL REPORT 2013 THE MISSION OF THE MESILLA VALLEY ECONOMIC DEVELOPMENT ALLIANCE (mveda): "GROW THE WEALTH OF DONA ANA COUNTY THROUGH THE CREATION OF ECONOMIC-BASED JOB OPPORTUNITIES FOR ITS RESIDENTS." Board of Directors Gary Lenzo Kiel Hoffman Craig Buchanan Jim McGonnell George Ruth Keith Beck Bill Allen Chair of the Board Vice Chair of the Board Secretary Treasurer Past Chair of the Board Executive Committee Member At-Large Director Kevin Boberg, Ph.D. Ed Camden Kirk Clifton Director Director Director Terriane Everhart Rico Gonzales Margie Huerta, Ph.D. Director Director Director Century Bank Pioneer Bank U.S. Bank Memorial Medical Center Citizens Bank of Las Cruces Jacobs Technology Greater Las Cruces Chamber of Commerce New Mexico State University Southwest Steel Coil, Inc. Las Cruces Hispanic Chamber of Commerce Chisholm's LLC El Paso Electric Dona Ana Community College Gilbert Mesa Mayor Ken Miyagishima Commission Chair Karen Perez David Pruett Stan Rounds Ron Saavedra John Darden, Board Counsel Bryn Davis Dan Hicks John Hummer Tom Hutchinson Marcia Nordyke Staff Members Davin Lopez Eric Montgomery Les Baldock Brian Garcia Sandi Metz President & CEO Business Development Manager Operations Manager Research Analyst Executive Assistant Director Director Director Director Director Director Ex-Officio Ex-Officio Ex-Officio Ex-Officio Ex-Officio Ex-Officio Verde Realty City of Las Cruces Dona Ana County Northrise Ventures, LLC Las Cruces Public Schools Axiom CPAs & Business Advisors Darden Law Firm Sapphire Energy White Sands Missile Range Steinborn & Associates Real Estate La Posta de Mesilla Hatch Valley Chamber of Commerce "I'm Gary Lenzo, I'm the market president with Century Bank here in Las Cruces. I've been a partner of MVEDA for probably around ten years now and have spent the last seven years a a volunteer board member, serving the last two years as board chair. I believe strongly in the mission of MVEDA; we need economic development to provide good paying jobs for all of our citizens here in Las Cruces and the Dona Ana County. I'm a big believer in 'a rising tide lifts all ships' and MVEDA does that; it brings in jobs that help all of our citizens." "I'm Kiel Hoffman, I'm the president of Pioneer Bank here in Las Cruces. I'm also the incoming chairman of the MVEDA Board of Directors. Pioneer Bank has been a partner with MVEDA for probably six or seven years. The reason our company belongs and the reason why I want to get involved and be on the board is because I think that economic development is the key to growth for Las developm Cruces and that makes all businesses do better and I think that the more we e give back to our community - and certainly, in economic development, that's throu ugh more and more customers the way to go - we get it in return someday through and good growth for the betterment of our comm community." munity." m unity. Gary Lenzo Davin Lopez Kiel Hoffman “The Mesilla Valley Economic Development Alliance is singularly focused on attracting and retaining businesses and companies that bring jobs, capital investments, new tax revenues and overall prosperity and growth to Dona Ana County. For the third year in a row, MVEDA has exceeded our job creation goals having assisted in the creation of over 440 new economic-based jobs to the region. These economic-based jobs we help create also positively impact almost every other industry in the region, whether a restaurant, a grocery store, or a local vendor at the farmer’s market. New job creation leads to greater spending throughout the local economy. We thank the hard work and dedication of our Board of Directors as well as our Public and Private Partners for their tireless commitment to economic development and the positive growth we see throughout Dona Ana County.” 443 Site visits For companies interested in relocating or expanding in Dona Ana County NEw JOBS trade shows Created in FY13 July 1, 2012-June 30, 2013 24 28 PROMAT 13 Chicago, IL AUVSI IAMC D.C. Omaha, NE Industrial Association of North America Target in Target T industry marketing responses marketin on behal behalf of Dona Ana coun county communities 314 LISTINGS Anaheim, CA Sales Events: Chicago, Lubbock, Charleston, Washington DC, Spaceport America, Santa Teresa Port of Entry IN COMMERCIAL REAL ESTATE DATABASE 3-year- Total FY11 Fy13 New Jobs Created ˙1,527 New jobs $568,96 $568,964,000 676 In Capital t inv investment $48,940 $48,940,619 In new Payro a Payroll Generated Dona ana County City of Las Cruces 96 site visits 24 completed projects 63 different existing Dona Ana County Businesses met for retention or Expansion ˙all˙ numbers are direct impacts from full operation of projects Industrial Asset Management Council Spring Forum Charleston, SC Southwest Economic Forum Lubbock, TX ISPCS (Las Cruces) UAS TAAC 2012 Albuquerque, NM FY13 Completed Projects Southwest Steel Coil (2 separate Projects) Ironhorse Resources Bizlink Technologies Ferza Convergys Positive Energy L&M Radiator Mallory Metals TE Connectivity Heritage home Healthcare & Hospice 95 Public & Private Partners 50 1-0n-1 partner 23 12,789 8,462 98.7% 3-year average Economic Development related annual stakeholders' surveys that rank MVEDA's performance as "very Satisfied" or "satisfied." Meetings total Funding For the 2012-2013 Fiscal year $620,746 Partner Testimonials “Through the strategic and financial partnership with local businesses, MVEDA has been able to successfully leverage its resources to assist businesses to relocate or expand their operations in Dona Ana County. We are appreciative of their accomplishments in helping to grow the economic base and create jobs for the local community. We are very proud to be a partner with MVEDA in this endeavor.” James McGonnell, CFO, Memorial Medical Center,r Dona Ana County Presentations Double Platinum & Platinum Gold & Silver Partner Exposures Partner Exposures City of Las Cruces $200,000 Dona Ana County $100,000 Private Sector $193,842 Education Partners (NMSU, DACC, LCPS) $37,500 In-kind (Private Sector) $61,630 Sponsorships & Special events $27,283 Other $491 “I had the pleasure of assisting both CyraCom International and Sapphire Energy in developing their Las Cruces facilities. MVEDA played a vital role in the decision of each company to locate an expansion facility in Las Cruces. I have seen an increase in workforce at both companies as their businesses continue to grow. Although my work with CyraCom and Sapphire has long been complete, MVEDA are felt everyday as the workforces of both companies purchase goods and services throughout the community.” David Pruett, Owner, Northrise Ventures, LLCvv David Pruett, Owner, Northrise Ventures, LLC “MVEDA is a public/private partnership that brings together the resources of the region in support of economic allows us to be at the table to provide workforce workfo f rce development deve information and opportunities opportunit to MVEDA when recruiting new business and industry to the area.” In Campus President, NMSU Andy Burke, Interim Dona Ana Community College “As President of the Las Cruces Hispanic Chamber of Commerce, it is important to our organization to stay engaged with MVEDA. MVEDA provides excellent information and resources that I can share with my board and our membership. This partnership further supports my goal as a chamber to regionalize economic development and strengthen the Las Cruces business community.” Kirk Clifton, President, Las Cruces Hispanic Chamber of Commerce ANNUAL FORUM 105 Attendees NAtionally recognized speakers in representing various aspects of economic development 4 Richard Anklam, New Mexico Tax Research Institute: Evan Rice, Hickey & Associates: "Tools and Trends in Contemporary Economic Development: Creative Finance Mechanisms and Cutting-Edge Incentives" "Tax Structures: Are We Giving the Middle Finger to Businesses?" Branka Minic, Future Work Consortium: "Workforce Competitveness in Global War for Jobs" Dr. Ron Pollina, Collaborate Network Grow Support Polina Corporate Real Estate, Inc.: "How ProBusiness is New Mexico? Where is the U.S. Economy Headed?" que Soci Unniteractionsal I “MVEDA is one of THE best economic development organizations in New Mexico” Jon Barela, State of New Mexico BizCircles provides organizations a central platform to communicate with one another to strengthen the development of our local resources. : 136 blog posts 108 tweets 241 Facebook posts Cabinet Secretary of Economic Development “MVEDA has been instrumental in researching, analyzing, and info informing f rming the community on how to address challenges and take advantage of opportunities. MVEDA contribute to this success.” f Economic Development, Kevin Boberg, Interim Vice President for “You guys (MVEDA) keep setting the example for the rest of the State.” Beverly McClure, President & CEO, Association of Commerce & Industries New Mexico State University “I can truly say that MVEDA is one of the most effective, responsive, professional, and competent organizations within the state. In my 9 years of working within the state, there is not a group that is as willing to do what it needs to attract business to this state.” Andrew Corona, VP of Business Development, New Mexico Partnership “MVEDA has been great at developing new businesses in one of the worst economic environments in the past 20-30 years. Our experience in working with the (MVEDA) management team: effective, efficient, and professional.” Terry Jack, President of the High Tech Consortium of Southern New Mexico Total 3 -Year household Spending Impact of Projects this year: $52,699,378 Pensions Groceries Mortgage Expenses Utilities Housing Rent Gas & Motor Oil Restaurants & Bars Apparel & Shoes Property Taxes Cash Contributions Health Insurance Home Furnishings & Appliances New Cars & Trucks Used Cars & Trucks Home Repairs & Maintenance Vehicle Insurance Entertainment Fees & Admission Audio Visual Equipment Education Miscellaneous Services Pets, Toys & Hobbies Medical Services Vehicle Repairs Housekeeping Supplies Other Household Expenses Personal Care Products Drugs Public Transportation Vehicle Licenses Personal Services Life Insurance Vehicle Finance Charges Tobacco Products Other Vehicles Medical Supplies $0 $100K $500K $1M $2M $3M $4M $5M $6M All numbers are direct and indirect impacts from full operation of FY13 projects Total Impact on 3 -Year Industry... Increased Spending: $215,178,716 Increased Employment needs: 599 Jobs Thank you pARTNERS! GOLD PARTNERS BRONZE PARTNERS COPPER PARTNERS Advanced Care Hospital of SNM Century Bank CF Jordan Construction Comcast Las Cruces Bulletin Memorial Medical Center Rehabilitation Hospital of SNM Union Pacific Verde Corporate Realty Services Vescovo Toyota Wells Fargo Bank New Mexico Bank ‘34 Bank of the West Bohannan Huston, Inc. Bradbury Stamm Construction Builders Source Appliance Gallery CenturyLink Clifford, Ross & Cooper, LLC Darden Law Firm Doña Ana Title FirstLight Federal Credit Union GenCon Corporation Holiday Inn Express North ISPCS Las Cruces Machine & Manufacturing L&M Asset Management Manpower, Inc. Mathers Realty, Inc. McGinley Construction Moss Adams, LLP New Mexico Gas Company Northrise Ventures Ortiz & Lopez, PLLC Pic Quik Stores, Inc. Sapphire Energy Sitel Smith & Aguirre Construction Southwestern Abstract & Title Steve Newby Architects SunEdison Trax International Wilson Binkley Advertising Wooten Construction Arid Group, LLC Arrowhead Executive Office Center Art Schobey Interactive ASA Architects, PA Axiom CPAs & Business Advisors Chisolm’s LLC Dekker/Perich/Sabatini Enchanted Sun Realty Enchantment Land Certified Development First New Mexico Bank of Las Cruces Holt Mynatt Martinez, PC Jamie Stull Real Estate Las Cruces Association of Realtors Marron & Associates Pat Campbell Insurance Pecos, LLC Pinnacle Construction Roadrunner Pecans Rogers & Burkman Real Estate Southwest Steel Coil Staybridge Suites Stubbs Engineering Sunland Nursery Co. Telstar Networks The Double Eagle The LNG Company, LLC Village of Hatch Wendell Hull & Associates SILVER PARTNERS Bank of the Rio Grande First American Bank Heritage Home Healthcare of SNM Hotel Encanto de Las Cruces Jacobs Technology, Inc. Jaynes Corporation La Posta de Mesilla L-E Electric NAI 1st Valley Realty Pioneer Bank RT Electric, Inc. Red Hawk Golf Club Steinborn & Associates Real Estate Sunspot Solar Energy Systems 277 E. AMADOR, STE 304 Join MVEDA to be a part of the economic development solution 575 525 2852 This document will be available online at: www.mveda.com/docs/FY13-Annual-Report.pdf
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