Economy

Albuquerque lies at the center of the New Mexico Technology Corridor, a band of high-tech private companies and government institutions along the Rio Grande. Larger institutions whose employees contribute to the population are numerous and include Sandia National Laboratories, Kirtland Air Force Base, and the attendant contracting companies which bring highly educated workers to a somewhat isolated region. Intel operates a large semiconductor factory or "fab" just outside the city boundaries of neighboring Rio Rancho, New Mexico, in Sandoval County, New Mexico, with its attendant large-capital investment.

The solar energy and architectural-design innovator Steve Baer located his company, Zomeworks, here in the late 1960s.

In March 2007 Tesla Motors announced that an electric car assembly plant will be going up on Albuquerque's Westside.

Los Alamos National Laboratory, Sandia, and Lawrence Livermore National Laboratory cooperate in an enterprise that began with the Manhattan Project.

(Source: Wikipedia.org)






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