New Mexico Partnership For companies looking to expand or relocate operations, the New Mexico Partnership provides a streamlined approach with in-depth information and coordinated support regarding incentives, workforce, logistics, real estate sites and buildings. New Mexico has improved its business climate more than any state in the West over the past five years. A study by Ernst & Young and the New Mexico Tax Research Institute determined that we've reduced tax rates for manufacturing by nearly 60%, the greatest drop, by far, in the western states studied. New Mexico's after-credit manufacturing rate is now at 3.3%, the best in the region. To find out more about the increasing business advantages, contact us today. New Mexico. The smart move.