2014 New Mexico Export Recap

In 2014, New Mexico led all U.S. states in percentage growth of exports to Mexico with 93% increase. The next highest state was Montana, which saw its exports to Mexico grow by More »

The Role of Southern New Mexico in the Economy

The Federal Reserve Bank of Dallas, El Paso Branch, in partnership with the College of Business at New Mexico State University, presented “the Role of Southern New Mexico in the Economy Conference” More »

Governor Martinez Celebrates the Success of IBA Client, Southwest Steel Coil

On September 19, IBA client and SBA Region Five Exporter of the Year, Southwest Steel Coil (SSC), held an open house for the public to view their latest expansion in Santa Teresa. More »

Roundtable Discussion with Congressman Steve Pearce at Santa Teresa Country Club

On August 19, the IBA assisted in coordinating a roundtable discussion with U.S. Congressman Steve Pearce in Santa Teresa. Homebuilders and developers from the Santa Teresa/Sunland Park region were invited to participate More »

IBA Helps Coordinate Governor Susana Martinez’s Visit to Santa Teresa

On July 25th, the IBA helped coordinate a visit by Governor Susana Martinez and New Mexico Economic Development Department Secretary Jon Barela to Santa Teresa. These officials were in town to announce More »


Linda Kay Jones

Linda Kay Jones

Linda Kay Jones

Economic development is putting into force the elements that allow for human development, one person at a time – that is my own definition. I think this is lost when we vie to recruit the next big deal or get a local company to expand. Sometimes, I think we go off the deep end in rushing to create new growth and to cut ribbons without contemplating how this is helping individual people. Economic development is harnessing the elements you have at hand to put together programs that result in jobs and investment. And economic development, like charity, starts at home. It takes people who are willing to be creative, work hard, and face a multitude of detractors to make things happen. My friend Linda Kay Jones fits this profile better than anybody I have known.

August 2015 Monthly Article – The Decreasing Purchasing Power of Mexican Consumers on the Border

By Jerry Pacheco

Every business school student is taught that when the value of the U.S. dollar rises against other world currencies, several effects occur. First, the purchasing power of Americans who buy foreign goods made in a currency that has depreciated against the dollar is increased. For example, if the dollar gains strength against the Japanese yen, Japanese-made automobiles sold in the U.S. become cheaper for Americans. On the negative side, American-made products become more expensive when they are sold in Japan, thus making them less competitive against products from other countries.

August 2015

Every year, the IBA coordinates the Santa Teresa Charity Golf Tournament, in which businesspeople, developers, public sector officials, and sponsors participate. The money raised at the tournament goes to the Santa Teresa Charitable Foundation, a 501 ( c)3 non-profit that funds the Honors Programs at three local elementary schools, college scholarships, and donations to disadvantaged children who don’t have sufficient resources to purchase school supplies and uniforms. A full 100% of the money raised goes to the Foundation.

This year, the charity golf tournament will take place on September 25, starting at 1:00 pm at Vista Hills Country Club (2210 Trawood Dr. El Paso, TX 79935). The generous participation over the years by players, sponsors and volunteers has allowed us to donate more than $180,000 to the various programs. This has done wonders with the youth of our community to convince them to have perfect attendance, good grades and become young community leaders.

We are again recruiting players, sponsors, and volunteers to make this year’s tournament a success.  Please give us a call at 575-589-2200 or send an email to Priscila Gurrola to priscila@gpiinc.biz as soon as possible to let us know if you can participate. We appreciate your continued generous support of our youth.