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Report: How LANL fuels economic growth in New Mexico

More than 200 LANL projects served about 212 small businesses, and the lab spent about $930 million on goods and services from New Mexico-based businesses.

The lifeblood of New Mexico: SBA winners show importance of small business

More jobs, more dollars

.... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... A recent economic impact analysis showed the lab increased its total outlay in the 2020 fiscal year by 86.8 million, which boosted the labs total spending in the fiscal year to 3.76 billion. That includes 1.3 billion in payroll to its 12,700 Albuquerque-based employees. COURTESY SANDIA NATIONAL LABS. ALBUQUERQUE, N.M. Already one of New Mexico’s largest employers, Sandia National Laboratories has upped the size of its workforce by nearly 20% in the last five years. And it hired more than 1,000 people during a year upended by the global pandemic. The national lab in Albuquerque now has about 12,700 employees. That’s up about 2,000 people from the roughly 10,700 employees the labs had in 2016, according to a recent economic impact analysis created by the labs.

Economic impact: Sandia Labs injects $3 76B into economy

 E-Mail IMAGE: The Sandia National Laboratories fiscal year 2020 Economic Impact brochure breaks down Sandia s spending and spotlights its role in local and national economies. view more  Credit: Courtesy of Sandia National Laboratories ALBUQUERQUE, N.M. Driven by the purchasing of goods and services and payroll, Sandia National Laboratories injected an all-time high of more than $3.76 billion into the economy in fiscal year 2020. Ecoomic Impact 2020 cover It s no secret that the second half of the year was tough on a lot of people and businesses, especially smaller companies, which is why we are extremely proud to be able to support local and state communities and companies through our business activities, said Scott Aeilts, Sandia s associate labs director of Mission Services.

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