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 »
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 »
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 »
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.
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 firstname.lastname@example.org as soon as possible to let us know if you can participate. We appreciate your continued generous support of our youth.
By Jerry Pacheco
On July 14, international negotiators and Iran reached a historic accord to limit its nuclear capabilities in an attempt to provide stability to the Middle East. Per the accord, Iran has agreed to transform its major nuclear reactor in such a way that it cannot produce weapons-grade plutonium, and to send its fuel to other countries. Per the terms, it agrees to change some plants from enriching uranium to research and to cut back at others. It also has agreed not to build other nuclear reactors for 15 years. To ease western fears that Iran will not adhere to the agreement, the country has agreed to periodic inspections, some for up to 25 years. In exchange for agreeing to the deal, sanctions will be lifted by western allies that have restricted the country’s exports and limited the ability of many western companies from doing business with this country.