Friday, December 23, 2011

Cheering Over The Economy--In Clovis, Plus: Merry Christmas, New Mexico 

How about some cheery news as we mark Christmas 2011? Clovis Mayor Gayla Brumfield has it for us:

I enjoy reading your blog every day and getting your take on what’s going on in New Mexico. Unfortunately when it comes to the economy, too often the news is bleak. As we head into the holidays, I thought your readers might appreciate hearing some good news

There are many exciting things happening in Clovis . We are not only weathering the economic downturn, but...have found a way to thrive during it. We finalized an agreement with a beauty supply manufacturing company, creating up to 350 jobs. It’s just the latest recent business expansion, including the $100 million expansion of Southwest Cheese, now the largest cheddar cheese plant in the world.

While speaking with the beauty supply company’s CEO about his decision to move to Clovis, he credited our business-friendly environment...In fact, the past few months have been a whirlwind of groundbreakings and ribbon cuttings. Just a few include: the renovation of historic Hotel Clovis, new walking trails, improvements to the youth recreation building, our first dog park, and a new splash park. The best part—we’ve done it all without raising taxes.

I bring this to your readers’ attention because we believe the success of Clovis, or any other New Mexico community for that matter, is ultimately good for the State of New Mexico.

Thanks for that Xmas cheer, Mayor. It reinforces our belief that New Mexico is not strangling under the pressure of too high taxes or over regulation.

The city of Clovis, however, did approve a $3 million interest-free forgivable loan to lure the beauty supply company. And the $12.8 million renovation of Hotel Clovis into apartments is backed by $10.5 million worth of federal tax credits from the state's mortgage finance authority.

Prudent private sector-government partnerships are essential to getting New Mexico moving again.


One other note on Clovis from Mayor Brumfield:

The driving factor behind our growth is the new mission at Cannon Air Base. We're the Western home of AF Special Operations--our base has almost doubled in size. What a blessing that has been.

And that reinforces the undeniable importance of Federal national defense funding here and how it so often sparks private business.


Merry Christmas!

Here's our annual greeting card, along with our thanks to you and our advertisers for being with us throughout the year.

Reporting to you this Christmas week from New York City and nearby Rockefeller Plaza, I'm Joe Monahan. (That's your cue, Frank)....

E-mail your news and comments. (jmonahan@ix.netcom.com)

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