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Program awards job training funds to NM businesses

Sat, 03/05/2011 - 12:05am
The Associated Press

Four New Mexico businesses will share more than $942,000 in job training incentive funds.

The Job Training Incentive Program board approved the funds to help create 119 new jobs.

The program awarded more than $645,000 of the total to Hewlett-Packard Company in Rio Rancho.

The company is creating 100 new jobs.

Louisiana Energy Services of Eunice is receiving more than $239,000 for 10 new jobs.

Deep Webb Technologies Inc. of Santa Fe will get $25,000 to create two jobs and Aero Mechanical Industries Inc. of Rio Rancho will receive nearly $32,000 for seven jobs.

The Job Training Incentive Program reimburses companies for part of the training costs associated with creating jobs.

It reimburses relocating or expanding businesses up to 75 percent of a trainee's wages for up to six months.

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