New Mexico’s Job Training Incentive Program (JTIP) Board recently approved $1,594,371 in funds at its February board meeting, involving the creation of 573 new jobs in Albuquerque, Hobbs, Las Cruces, Las Vegas, Rio Rancho and Tucumcari.

February’s JTIP recipients are:

Convergys Customer Management Group, Inc. – Albuquerque – provides customer care, human resources, and billing services for clients in various industries, including communications, financial services, technology, and consumer products - $922,000 – creating 450 new jobs

Mega Corp. – Albuquerque – produces mobile water distribution equipment and specialty haulage equipment for the construction and mining industries - $119,410 – creating 30 new jobs

Richmond Products – Albuquerque – Manufactures ophthalmic test equipment - $8,323 – creating 2 new jobs

Lightning Industries, Inc. – Hobbs - Metal Plate Work Fabrication and Assembly - $42,808 – creating 4 new jobs

LaserShield Systems, Inc. – Las Cruces – manufactures and services electronic security systems - $37,209 – creating 11 jobs

IEI Financial – Las Vegas – provides customer relationship outsourcing for the utility industry - $173,944 – creating 45 jobs

OPS Systems – Rio Rancho – provides strategic data management, preventative maintenance and laboratory information management software solutions for water, wastewater, environmental laboratories and energy plant operations - $66,894 – creating 4 new jobs

Route 66 Ethanol – Tucumcari – an ethanol biofuels manufacturer - $223,783 – creating 27 new jobs

The Job Training Incentive Program (JTIP) supports economic development in New Mexico by reimbursing qualified companies for a significant portion of training costs associated with newly created jobs. The JTIP program, formerly known as the Industrial Training Development Program, strengthens New Mexico’s economic base by providing financial incentives for job creation to companies that bring new dollars into the state. Training funded by JTIP also elevates the skill level of New Mexico residents who fill newly created positions.

Eligibility for JTIP funds depends on the company’s business, the role of the newly created positions in that business, and the trainees themselves.

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