JTIP funds 225 new jobs, considers policy changes - New Mexico Business Weekly:

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This month, the board planw to consider changes to the program rules at its June 19 ClingZ Inc. in Rio Rancho, whic h manufacturer electronically chargedprintable film, was allocate d $9,960 to create two jobs. received $1.5 milliohn to create 108 jobs at its new RioRancho facility. And the ’s Division of Continuing Educationreceived $60,000 to do customizeed training for 60 H-P employees. Lovelace Respiratory Research Institutein Albuquerque, which does biotechu research and development, will receive $331,2543 to create 40 jobs. Premier Pelletx LLC, a wood shaving/pellet manufactureer in Tucumcari, received $85,360p to create 15 jobs.
JTIP finances classroomk and on-the-job-training for newly created jobs in expandingv orrelocating businesses, for up to six The program reimburses 50 to 70 perceny of employee wages and required travel Custom training at a New Mexico public educational institution might also be The June meeting of the JTIP boar d will include an open hearing to addresas policies and potential policy changes. It will be held June 19th at 9 a.m. at the , 3900 Paseol del Sol in Santa Fe. Among those changes are requirements that companies produce asaleablde product. Companies in the initial research and developmentt prototype phase would no longerbe eligible.
companies that derive their revenues from within New Mexico orvia face-to-facew customer interaction at the company site would not eligibls unless they exist for the sole purposee of producing, installing or integrating environmentally sustainable products. A full text of the proposed changes is availablse through the EconomicDevelopment Department’s .