Economic Development Department

                                                      

Is your business looking to relocate or expand to a community that will “Jolt” your business journey? Welcome to Farmington — The Nexus of Work and Play. Located in the beautiful Four Corners, Farmington, New Mexico holds a wealth of natural assets, low cost of living, family-friendliness, and support for businesses. Farmington makes up one of four metropolitan statistical areas in New Mexico. Its population is around 46,000 people, but the city serves as the center for commerce, jobs, and retail for some 300,000 residents from the surrounding communities.

Trade Area Square

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WORKFORCE

                                                      

As a major job center, Farmington has a robust workforce and low cost of labor (Click Here for wages & workforce statistics). Our workforce has years of fabrication, welding, and energy experience that can be put to work for your company.

Workforce training is readily available through San Juan College, whose Center for Workforce Development can customize curriculum to companies' needs to upskill employees.

The State also offers generous assistance for new hires to assist with the cost of training and upskilling employees. The Job Training Incentive Fund can help offset up to 75% of wages for up to 6-months while employees are being trained.

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BUSINESS SUPPORT

                                                      

The City of Farmington values its local employers and works hard to make the development of new employers as easy as possible. We hold weekly "Development Review Committee" meetings that gather our key development, planning, life safety, and utility staff to discuss projects to prepare them for success before they begin. Contact our Planning Department to add your project to an upcoming agenda by calling (505) 599-1333 or email cgibson@fmtn.org.


INCENTIVES

                                                      

In 2018, the City of Farmington passed a 1/4% Gross Receipts tax specifically for "Community Transformation and Economic Diversification". This CTED fund is dedicated to helping foster new businesses and key quality-of-life infrastructure for the community. This allows us to help supplement or match state LEDA incentives or provide public/private partnerships in our Metropolitan Redevelopment Area (MRA). For a full list of state incentive programs, please visit NMEDD.

The State also offers generous assistance for new hires to assist with the cost of training and upskilling employees. The Job Training Incentive Fund can help offset up to 75% of wages for up to 6-months while employees are being trained.


SITE LOCATION

                                                      

We have partnered with our regional EDO to provide a robust site location database to assist with evaluating property in our community. Click Here to access this helpful tool.


QUALITY OF PLACE

                                                      

The residents of Farmington enjoy sensational seasons of 268 days of sunshine, making this vibrant community the perfect place for outdoor recreation enthusiasts, entrepreneurs, retirees, and location-neutral professionals looking for a better work-life balance.

Locals and visitors alike enjoy the area’s unique flavor of restaurants, arts and culture, events, and outdoor adventures. The up-and-coming food truck scene, mobile boutiques, and outdoor guides provide a glimpse into our citizens’ entrepreneurial flair.


ECONOMIC DEVELOPMENT INITIATIVES

                                                      

Outdoor Recreation Industry Initiative

Downtown Mainstreet

Metropolitan Redevelopment Area


CONTACT US

                                                      

Reach our skilled economic development staff to help you with your needs.

Economic Development Staff