News Item2018 SS&TP Economic Impact Results
Sep 7, 2018 –
The Sandia Science & Technology Park (SS&TP) hosted a news conference to announce the results of an economic impact analysis. Sandia National Laboratories Director Steve Younger joined Albuquerque Mayor Tim Keller at SolAero Technologies Corp, a company in the Park, to release findings of a new report conducted every two years by the Mid-Region Council of Governments (MRCOG). MRCOG assessed the Park’s economic impact from its inception in May 1998 through the end of 2017.
The independent report highlights the Park’s 20-year impact in the local community. The SS&TP creates jobs, generates large sums of state and local tax revenues, and pays higher-than-average wages for its employees when compared with the average wage in the Albuquerque metro area.
Remarks were also provided by Jackie Kerby Moore, Sandia Science & Technology Park; Sherman McCorkle, Sandia Science & Technology Park Development Corporation; Dewey Cave, MRCOG; and Jeff Harrell, NNSA Sandia Field Office. There were 130 people who attended the event.