- Economic Development
- Las Cruces Innovation and Industrial Park
Las Cruces Innovation and Industrial Park
People, Place, Prosperity
Located strategically in the Borderplex at the junction of I-10 and I-25 and just 45 minutes north of El Paso, TX and the Mexican border.
The Borderplex Region Stats:
- 2.7 million population
- 400,000 workforce population
- 150,000 post-secondary students
- 7 universities
- 2 international airports
- 2 Class 1 Rails
- Cost of living is 10% than the U.S. average
Las Cruces Innovation & Industrial Park Stats:
- 400+ acres shovel ready
- Another 500 are available for lease/purchase
- Zoned for industrial purposes
- Utilities within the park
- Due diligence completed
- Quest Site Certified
- Adjacent to Las Cruces International Airport
- Perfect for onshoring/nearshoring
Foreign Trade Zone Information
A Foreign Trade Zone (FTZ) is a secure area under the supervision of the U.S. Customs and Border Protection (CBP) that is considered outside the customs territory of the United States. At an FTZ, special CBP procedures may be used for the storage, exhibition, assembly, manufacturing, and processing of foreign and domestic merchandise. FTZs are beneficial to companies because they allow for the deferral of duties and quotas on imported goods until the decision is made to enter the goods into the U.S. market.
There are benefits to a zone user
- Duty Exemption - There are no duties or quota charges on re-exports.
- Duty Referral - Customs duties and federal excise taxes are deferred on imports.
- Inverted Tariff - In situations where zone manufacturing results in a finished product that has a lower duty rate than the rates on foreign inputs (inverted tariff), the finished products may be entered at the duty rate that applies to its condition as it leaves the zone (subject to public interest considerations).
- Logistical Benefits - Companies using FTZ procedures may have access to streamlined customs procedures (e.g. "weekly entry" or "direct delivery").
- Other Benefits - Foreign goods and domestic goods held for export are exempt from state/local inventory taxes. FTZ status may also make a site eligible for state/local benefits which are unrelated to the FTZ Act.
Doña Ana County is the grantee for the FTZ and is prepared to execute agreements designating individual users as operators of the FTZ within their facility. For more information about FTZ Number 197 contact the Dona Ana County Community Development Department by phone at 575-647-7350 or visit Foreign Trade Zone | Doña Ana County, NM (donaanacounty.org).
Las Cruces Innovation and Industrial Park Map
Click each blue box for details about the section of land. Use the + - in the upper left to zoom in and out.
Available Incentive Programs
Job Incentive Program (JTIP)
The state of New Mexico’s Job Training Incentive Program (JTIP) can reimburse your company for a portion of your training costs for above average wage positions. For more information, click here.
WagePlus is a supplement to the State of New Mexico’s JTIP program. WagePlus rewards businesses for hiring and paying above median wage. The program provides a $1,500 per job reimbursement for qualifying companies that hire and train new employees for jobs paying at least 10 percent more than the county median wage. To qualify for participation in Wage Plus, a company must manufacture a product, export non-retail services from the state or meet state green industry standards. The company must successfully complete the Job Incentive Training Program. The people they hire must have been New Mexico residents for at least one year in their lifetime. For more information, contact us at [email protected]
Local Economic Development Act (LEDA)
This is a multi-year business expansion type project that would primarily reimburse you for job creation and allow you to spend funds on a variety of projected capital expenses, including manufacturing equipment, land purchases and more. There are also a number of state tax credits available that may apply to your business and be of benefit depending on your particular plans and goals. For more information about tax credits, click here. For more info about LEDA, click here. You can also click here for economic development incentives for the Mountain West region.
Gross Receipts Tax Incentive Program (GRIP)
The Gross Receipts Tax Incentive Program (GRIP) is another incentive offered by the City of Las Cruces. The program is best suited to large scale businesses but that would include certain retailers, restaurants and other types of businesses. Businesses would create infrastructure in exchange for up to 75% of GRT generated over the term of the planned infrastructure build-out and they would have to meet or exceed $5,000,000/year sales volume after three years of operation. For more information, contact us at [email protected]
Opportunity Zones are an economic development tool to incentivize long-term private sector investment in low-income communities. Click here for more information and a map of local zones.
The Value-Added Agriculture district is located south of Interstate 10 in the southeastern portion of the Park. It is intended to accommodate agriculturerelated manufacturing and other processes that enhance the value of basic agricultural commodities. Most of the parcels are larger in size to provide sufficient land for these types of activities.
The Manufacturing/Warehousing/Distribution district is located south of Interstate 10 in the southwestern portion of the Park. It is intended to accommodate manufacturing, warehousing, and distribution types of uses. It offers a range of parcel sizes and has good access to the interstate.
Aviation / Defense district is located north of Interstate 10 and is adjacent to the Las Cruces International Airport. It is intended to accommodate aviation- and defense-related uses and offers a range of parcel sizes with direct access to the airport.
The Commercial district is located adjacent to Crawford Boulevard, on both sides of the Interstate 10 interchange. It is intended to accommodate commercial uses that offer services to the local workforce and interstate-associated business opportunities. This district has smaller parcel sizes more suited for uses like restaurants, with good visibility and access from the interchange.