MTX Group Inc. (MTX), a premier global technology consulting firm, announced plans with public officials to establish a Southwest regional office in New Mexico as part of its continued expansion. MTX partners with public sector agencies and organizations to advance outcomes in happiness, health, and economics of the communities they serve worldwide. MTX is committed to creating 250 hi-tech jobs in Albuquerque in the next five years.
MTX is still finalizing its location in Albuquerque but plans to lease office space and hire 250 New Mexico employees over the next five years with an average salary of $90,000 to $175,000. Today’s announcement took place at the Central New Mexico Community College with MTX Founder and CEO Das Nobel, MTX Co-Founder and CMO Nipa Nobel, Economic Development Cabinet Sec. Alicia J. Keyes, Albuquerque Mayor Tim Keller, and representatives from the college and Albuquerque Economic Development (AED).
The State of New Mexico is pledging assistance for training employees under the Job Training Incentive Program (JTIP). MTX also announced a workforce collaboration with Central New Mexico Community College with their “Deep Dive Coding and Data Science” intensive boot camps. MTX will also be connecting with the 18+ community colleges and universities via Handshake in order to engage the local student community in information sessions, career fairs, future case competition opportunities, and hackathons.
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“New Mexico is more competitive than ever in being able to recruit innovative companies which can bring quality jobs to the people of New Mexico,” Gov. Lujan Grisham said. “MTX will now make Albuquerque its regional hub and with that bring 250 new high-paying jobs that will keep our young professionals in New Mexico and build a more resilient economy.”
The company will invest over $2 million in its New Mexico office complex. The MTX payroll is expected to reach $20 million and the direct economic impact of MTX in New Mexico is estimated at $347 million over ten years. The Economic Development Department is pledging $2 million from the State’s LEDA Job-Creation Fund to assist MTX as it opens operations in New Mexico.
“MTX’s decision to expand in New Mexico is a result of another successful partnership between state and local governments, higher education, and the private sector,” said EDD Cabinet Secretary Keyes. “Gov. Lujan Grisham has focused on using these important collaborations to build wealth in the state and diversify the economy. This is what that success looks like.”
MTX currently provides technology solutions in over 35 states, including health monitoring, disease tracking, unemployment insurance claims, emergency child care licensing, isolation services for higher education, and vaccination management. MTX specializes in modernizing licensing, permitting, inspections, and grant management processes with unique technology solutions for public sector agencies, while preventing fraudulent or duplicate claims. One of MTX’s biggest differentiators is delivering solutions and realizing values for the communities and agencies. What may take other companies months, MTX delivers in weeks and sometimes days.
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The company already has a relationship with the New Mexico State Government, undertaking projects for the Department of Finance and Administration, Regulation and Licensing Department, Department of Health, and other agencies. MTX is expanding in New Mexico to serve those relationships better and take advantage of the state’s regional location, competitive business climate, strong incentives, and affordability.
“The state’s incentives enable us to grow and hire faster, and that means we can better serve the local communities in New Mexico with outcomes in happiness, health and economics. MTX is excited to partner with the state of New Mexico to keep local talent in the land of enchantment,” MTX CEO Das Nobel said.
Nobel, an immigrant from Bangladesh with a strong commitment to giving back to local communities through philanthropy efforts, continued, “At MTX, our philosophy aligns with New Mexico Gov. Lujan Grisham’s strategic goals to improve education, public health, and a more equal and diversified economy. We are passionate about providing equal growth opportunities to all, including empowering women in leadership, training and hiring veterans, and spearheading a one-year paid parental leave.”
Synthia R. Jaramillo, City of Albuquerque Economic Development Department Director, said, “Albuquerque’s assets make it incredibly competitive in the hi-tech economy, and we’re supporting the recruitment and expansion of businesses like MTX that complement our existing strengths. By building a diversified economy that works for everyone, we’re solidifying Albuquerque’s reputation as a prosperous hub for our key industries.”
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