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Genzyme Genetics Expands Operations in New Mexico

SANTE FE, N.M. (July 24) — The company has benefited from numerous state programs and will add as many as 45 jobs as a result of this expansion.

  [ 7/24/2008 ]  By: News Briefs   Related Link...  Print This Article  Reprint/License This Article  

Genzyme Genetics is expanding its Santa Fe, N.M., operations, resulting in the creation of as many as 45 jobs during the next three years.

“Genzyme Genetics has been a good neighbor to Santa Fe, and I’m pleased that the company continues to grow and create new jobs for New Mexicans,” said Fred Mondragon, secretary of the Economic Development Department.

Genzyme currently employs 600 workers in New Mexico, and has been a part of the Santa Fe community for 25 years.

“This expansion is a prime example of how the state is able to provide financial assistance to companies that translates into direct jobs in our communities,” Mondragon said.

In addition to New Mexico’s high quality work force, Genzyme has benefited from such programs as the High Wage Jobs Tax Credit, the Manufacturers Investment Tax Credit and the JTIP job-training program. Genzyme, founded in Boston in 1981, is a leader in medical biotechnology, focusing on rare inherited disorders, kidney disease, orthopedics, transplant, cancer and diagnostic testing.

In 2007, Genzyme was chosen to receive the National Medal of Technology, the highest honor awarded for technological innovation.

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