Minimum wage puts state at economic disadvantage

By Walter Bradley Today we are experiencing a vibrant, robust economy. We have growth in jobs, unemployment under 4 percent and higher wages. According to the New Mexico Labor Department, Curry County ranks 18th in the state with an average wage of $11.42 an hour. In polling businesses in our area, the average minimum wage [...]

Senate floor leader proposes tax break to soften minimum wage increase

The Associated Press SANTA FE — A top Democratic leader in the Senate is proposing a tax credit to help small businesses cope with the costs of paying their workers a higher minimum wage. Senate Majority Leader Michael Sanchez, D-Belen, introduced a measure Wednesday to raise the minimum wage from $5.15 to $7.50 an hour [...]

Foresight 40 years ago gave industries a start

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By Kevin Wilson If you were to play word association with Portales residents and use the words, “Industrial Park,” you might have one faction think of church softball, another think of youth soccer and yet another think of the nearby senior citizen center. But do the same thing with Portales business leaders and they’ll probably [...]

Katrina’s economic impact far-reaching — and still evolving

Brad Foss: The Associated Press Hurricane Katrina’s economic toll continues to mount — its cost evident in near-record energy prices, snarled shipping traffic, lost jobs and wrecked businesses. But nearly two weeks after landfall, its impact is shaping up as one of extremes. There are many losers, most notably the 400,000 who have lost their [...]

Investment firm seeking opportunities

PNT Correspondent: Eric Butler Got a thriving small business with a potential to grow? Maybe even by leaps and bounds? Then New Mexico Community Capital CEO Jarratt Applewhite is looking for you. For the third time since NMCC was formed in November, Applewhite was in the Clovis/Portales area looking for businesses to invest some of [...]

Portales’ business climate is good

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By Tony Parra: PNT Staff Writer Business is booming with more than 10 new businesses which have been started in Portales over the last year, according to the Roosevelt County Chamber of Commerce Annual Report. It’s an encouraging sign for Kim Huffman, Community Development Director, and chamber officials. “Portales is growing,” Huffman said. “The business [...]

Businesses are ‘primo’ family affair

By Tony Parra: PNT Staff Writer Victor and Rosario Garcia had dreams of a better life and they came to the United States from Mexico 18 years ago in pursuit of them. Through an unexpected combination of businesses, they’ve accomplished some of those dreams. Rosario Garcia is the co-owner of La Paz Authentic Mexican Food [...]

Residents have mixed feelings on new hotel

By Tony Parra: PNT Staff Writer Portales downtown business owners have mixed feelings on exactly how much their businesses will be affected by the opening of the new Portales Inn hotel and restaurant, which will be located in the downtown area. Officials working on the Portales Inn Hotel have been optimistic that parts of the [...]

Hispanic women make mark on New Mexico business

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By Helena Rodriguez It was with her husband’s brains and her personality that Margie Villalobos says she opened her small Mexican import business, La Frontera, on the square in Portales in 1991. But when her husband Mario died in a trucking accident in 2001, Villalobos said she quickly became “the brains” behind the family business, [...]

United Way $26,000 away from goal

PNT Staff Roosevelt County’s United Way is more than halfway to its fund-raising goal, but still needs about $26,000. Erinn Burch, executive director of the Roosevelt and Curry County branches of the charitable organization, said Roosevelt has collected $34,019 in donations and pledges, as of Friday afternoon. The county’s goal is $60,000. Fund-raising for Roosevelt’s [...]