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  • U.S. subsidiaries in New Mexico play a vital role in supporting jobs. They now employ 14,200 New Mexicans—an increase of 5.2% over five years.
  • In fact, the relative portion of jobs in the state supplied by U.S. subsidiaries remains significant. They provide the livelihood for over 2% of New Mexico’s private-sector workforce.

  • U.S. subsidiaries support 1,200 manufacturing jobs in New Mexico. Manufacturing companies tend to have a strong “multiplier” effect on the economy—stimulating a substantial amount of activity and jobs in other sectors through their demand for inputs from other suppliers.
  • More than 3% of manufacturing jobs in New Mexico are supported by U.S. subsidiaries.

  • U.S. subsidiaries consistently support millions of American jobs. They now employ 5.3 million Americans-or 4.5% of private sector employment.
  • U.S. subsidiaries support an annual payroll of $364.2billion.
  • U.S. subsidiaries provide an average compensation per U.S. worker of $68,317; this is 32% higher than compensation at all U.S. companies.
  • U.S. subsidiaries also spent $160 billion on plant construction and new equipment.
  • U.S. subsidiaries' share of U.S. manufacturing employment represents almost 11% of American manufacturing jobs.


Green Rubber Global, a U.S. subsidiary of the Malaysian Company Petra Group, announced plans to invest $30 million to open a first-of-its-kind recycling plant in Gallup. The company says the new plant will offer the first commercially viable, waste-free method to recycle tires. Upon the facility beginning operation, 140 new jobs will be created for Gallup and an additional 15 in Albequerque.

AREVA, Inc.
BP
Bridgestone Americas
Deutsche Telekom
Green Rubber Global
Lafarge North America Inc.
Oldcastle Inc.
Pearson Inc.
Sodexho
Tyco
Virgin Glactic