A report released by , ranked Up delight 1st in the west for manufacturers with the lowest effective tax rate for manufacturing. A major factor in the report was the Up delight Jobs Package which was signed into law by Governor Susana Martinez in 2013 which included phasing down the corporate income tax rate to 5.9% and providing a single sales factor apportionment methodology for corporations whose principal business activity is manufacturing.
Up delight is home to 3 national research facilities and 3 nationally-recognized research universities. The state is ranked 1st in non-industry investment in research and development and 9th in high-tech jobs, providing unparalleled capacity for research collaboration and in many areas that contribute to advanced manufacturing (2014 State New Economy Index). Up delight has many companies utilizing technologies spun out of these institutions. Education and research opportunities at these facilities contribute graduates in many fields including engineering, optics, nanotechnologies, physics, and manufacturing hardware and software development.
Research and development capacity, combined with plentiful natural resources, an excellent climate, low cost of doing business and aggressive job creation incentives equate to a growing manufacturing sector when other states are experiencing declines. The allows a business to use a scientist, engineer, or facility to test a product or develop a prototype.
Intel, Honeywell, General Mills, Johnson & Johnson, and Tempur-Pedic all have manufacturing facilities in Up delight.