Growing Recycling Businesses in New Mexico
NMRC received a Rural Business Enterprise Grant from the USDA Rural Utilities division in Fall 2014 to provide technical assistance and trainings to assist small emerging and expanding private business enterprises in the recycling industry, completing December 2015. Assistance and outreach was provided to 14 rural target communities in New Mexico: Alamogordo, Angel Fire, Catron County, Deming, Gallup, Grants, Las Vegas, Raton, Roswell, Ruidoso, Silver City, Truth or Consequences, Taos and Tucumcari. Read the press release here.
This material is the result of tax-supported research and as such is not copyrightable. It may be freely reprinted with the customary crediting of the source. This institution is an equal opportunity provider.
All information presented is for reference only. This organization, its affiliates and officers make no warranty as to the financial success of any recommendation.
The “Growing Recycling Businesses in New Mexico” project is aimed at developing and supporting the growth of recycling-related businesses that manage or utilize locally generated recyclable materials.
This project is supported by job and business creation evidence as outlined in a January 2013 report commissioned by NMRC entitled “Adding 5,000 Jobs to New Mexico’s Economy: A Plan To Increase Jobs Using Recycling Based Pay-As-You-Throw and Economic Development” (available for viewing at www.recyclenewmexico.com/resources.htm).
There are two strategies to accomplish this project:
1) Work with existing business owners who are currently considering
their launch or expansion into a recycling-related market and
2) Grow interest and support of newly identified business owners to
enter into a recycling-related market.
NMRC has created 12 concise fact sheets with ideas for developing recycling-related businesses. We have distributed these concepts to local economic development and small business partners in targeted communities as well as host trainings and talks targeting entrepreneurs.
These fact sheets can be downloaded by clicking on the links below.
|Books||Book Recovery for Internet or Local Re-Sale|
|Mulch & Compost||Create Mulch or Compost, Sold Bagged or Loose|
|Food||Food Waste Collection Business|
|Cardboard||Recycling Collection Business Targeting Cardboard Collections|
|Paper||Mobile Document Shredding|
|Glass||Tiles, Custom Design, Countertops|
|Recycled Materials Transformed Into Art, both fine, wearable and household|
|Wood||Furniture, flooring, custom work|
|Reuse||Target items that are not ending up in thrift stores to either be added or start a niche for this either through local government or expand thrift/reuse store offerings|
|Public Private Funding||Public private partnership funding opportunities for businesses|
|Examine opportunities for possible expansion for existing reuse shops, launch of a specialty repair business, repair collectives|
|Eco-Industrial Park||Industrial co-location of recycling and reuse businesses|
|Other Opportunities||Other business opportunities|
This information is provided merely to offer recycling as a potential business opportunity. Interested parties need to comply with all federal, state and local laws, registrations, licensure as well as insurance/bonding requirements and are encouraged to contact their local small business development organizations for assistance to develop business plans, assessing viability, etc.
According to a 2013 study released by NMRC:
"In 2010 New Mexicans spent over $51 Million Dollars to Bury
over $168 Million worth of Recyclable Materials."
How Can NMRC Help?
- Provide business ideas
- Provide contacts with local solid waste/recycling professionals for follow-up technical assistance
- Identify sources for materials
- Provide recommendations in regard to recycling equipment
See the NM Small Business Development Center for further assistance - www.nmsbdc.org
Local-Regional Business Development and Growth Resources
There are many options available to provide entrepreneurs with grant and loan resources, business start-up and growth advisement such as business plan development, marketing planning and business launch tactics. Finding a business counselor is a matter of finding a great fit. In most cases, there are a few different business counseling offerings serving your area.
- Accion NM http://www.accionnm.org/
- Council of Governments. Find regional contacts at http://www.nado.org/wp-content/uploads/2011/08/nmreport09.pdf
- Finance NM http://financenewmexico.org/
- Local Entrepreneurial Network http://losalamosconnect.net/networking/
- SCORE Mentors for Santa Fe and Northern NM https://santafe.score.org/ or SCORE for Las Cruces and Southern NM http://www.scorelascruces.org/
- Small Business Development Center http://www.nmsbdc.org/
- WESST http://www.wesst.org/
Regional Development Corporations
Reaching out to your local or regional development corporation can provide resources for business start-up and growth assistance.
To find a listing of Regional Economic Development Corporations serving areas around NM: http://financenewmexico.org/resources/general-business-assistance/regional-economic-development-organizations/
State Economic Development Assistance
Federal Economic Development Assistance
USDA Rural Development http://www.rd.usda.gov/nm
Find your USDA Economic Development regional contact at http://www.rd.usda.gov/contact-us/state-offices/nm
Jobs in Recycling - Creating 5,000 Jobs in NM
Many people associate recycling as something that is good for the environment. But, not many realize the number of jobs created and what a significant economic driver the recycling industry plays in our state and country. In fact, nationally the recycling industry represents more jobs than the car manufacturing industry. A general rule of thumb is that for every landfill job there could be 10 recycling jobs for that same amount of material handled. The recycling industry is a $236 billion industry compared to the $45 billion waste industry.
To view the Executive Summary click here.
To view the Full Report, click here
A new report released by the New Mexico Recycling Coalition (NMRC) details the estimated number of jobs in the recycling industry and predicts how many jobs could be gained through increased recycling activities. It is estimated that close to 5,000 new direct, indirect and induced jobs will be created in New Mexico when the state recycling rate reaches 34%.
With recent investments and commitments made in both rural and urban areas, New Mexico is poised to meet this goal.
Jobs in recycling are created in four different sectors: collection, processing, manufacturing and reuse. First, the material must be collected. Then the material is processed at a facility for sale to the end-markets. The material then becomes part of the manufacturing sector, becoming a new product made from recycled-content material. The fourth sector is the reuse industry. The majority of jobs in the collection and reuse sectors remain in state. Jobs in the processing sector occurs both in-state and out-of-state, and currently the manufacturing primarily takes place out-of-state and even out-of-country.
The report was conducted as part of NMRC’s multi-tiered Rural Recycling Development project funded by a Department of Energy grant. The report sheds light on the value of recycling activity as an economic driver and provides case studies of how communities can reach higher recycling rates. It also describes small-scale economic development niche business models suitable for New Mexico.