McCorkle & SSTP Create Billions In Economic Activity

Longtime friend and advocate of the Angels, Sherman McCorkle and his partners at the Sandia Science and Technology Park were recognized last week for their work on the East side of town. Since 1998 the SSTP has generated billions in economic activity.

The Economic Impact Report happens every two years as a partnership between STTP, MRCOG, the City of Albuquerque and Bernallillo County.

By The Numbers (since 1998):

  • Currently houses 37 companies in 25 buildings with 2,470 employees
  • $89 million in State of New Mexico tax revenues
  • $12.9 million in City of Albuquerque tax revenues
  • Higher wages as compared to other parts of the City
  • $280 in private investments
  • 6,593 direct and indirect jobs in Albuquerque and elsewhere
  • $3.77 billion in wages over the past 16 years

Read the Full Story by the Albuquerque Journal

Read the Full Story by the Albuquerque Business First

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