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BU INESS
                                              N E W                    M E X I C O                                      FACE OF BUSINESS Jo Edna Boldin


 USIN                                                                                                                   gets to make stars of NM citizens 11

                                                                                                                        NEW TO TOWN                  Charter Bank’s new CEO likes to fish and




WEEKLY
                                                                                                                        turned cooking his catch into a hobby 3




       Y
VOL. 17 NO. 51
                                                                                                                        SMALLER IS BETTER                   At least it appears that way,
                                                                                                                        according to a Think New Mexico report on schools 4


                                                                                             VISIT NEWMEXICO.BIZJOURNALS.COM FOR THE LATEST LOCAL BUSINESS NEWS                                                                             FEBRUARY 18-24, 2011 $2.00




                                            PNM’s rate hike opponents gather
                                            BY KEVIN ROBINSON-AVILA | NMBW SENIOR REPORTER
                                                                                                                     Table I – PNM rate increase in revenue
                SBS
                                               Steve Paternoster, owner of Scalo’s Northern
                                            Italian Grill and Brasserie La Provence, said Pub-
                                                                                                                               and percent change
                                                                                                                                                (In millions of dollars)
                                                                                                                                                                                                      PNM fights one-two
  Mood Full Service Salon
   has its own style 10
                                            lic Service Co. of New Mexico’s request for a 10.8
                                                              percent rate hike will cut into his
                                                                                                                                                   PNM      PNM                             Percent   punch at San Juan
                                                                                                                                                North 1/ South 2/                 Revenue   change
                                                              bottom line if it’s approved.                                                                                                           BY KEVIN ROBINSON-AVILA | NMBW SENIOR REPORTER
                                                                Paternoster said he already                    Current revenue                       724.2            61.1          785.3
                                                              pays nearly $7,000 per month                     • 5.7 % base-rate                                                                        The Public Service Co. of New Mexico
                                                              for electricity.                                                                       765.7            64.6          830.3             is in a battle for the life of its coal-fired
                                                                                                               hike, May 15, 2011
                                                                “I’m just a little guy,” Paternos-                                                                                                    San Juan Generating Station.
                                                                                                               • 5.1 % base-rate
                                                              ter said. “I have a restaurant that                                                    802.6            67.7          870.3      10.8                       The utility is fight-
                                                                                                               hike, Jan. 1, 2012
                                                              does well. But a nickel here and a                                                                                                                        ing proposed U.S. Envi-
                                                 Paternoster  nickel there can chip out the bot-               • $20 million rate                                                                                       ronmental Protection
                                                                                                                                                        n/a               n/a       890.3     13.37
                                                              tom line pretty quick.”                          rider, Jan. 1, 2013                                                                                      Agency restrictions on
       SLUGGISH                                Paternoster co-chairs the Commercial Energy                                                                                                                              nitrogen oxide at the
  That’s the forecast for a                 User Coalition, which opposes PNM’s rate hike.                    1/ About 450,000 residential and commercial customers.                                                    30-year-old plant, plus
 recovery in construction 3                 The coalition includes four statewide associa-                    2/ About 51,000 residential and commercial customers in Alamogor-                                         state regulations on
                                            tions representing New Mexico restaurants, retail                 do, Ruidoso, Tularosa, Lordsburg, Silver City and Bayard.                                                 greenhouse gas emis-
                                                                                                              Source: NMBW, based on data from PNM
                                            stores, grocers and petroleum marketers.                                                                                                                        Brown       sions. That’s a one-two
   INSIDE                                      It formed last summer to oppose PNM’s rate                                                                                                                               punch the plant might
   SBS . . . . . . . . . . . . . . . . 10   case, which the utility filed with the New Mexico                  10.8 percent. That agreement is supported by six                                        not survive, said PNM spokesman Don
   FOB . . . . . . . . . . . . . . . . 11   Public Regulation Commission in June.                             parties, including the Attorney General’s Office,                                        Brown.
   MOVERS . . . . . . . . . . . . 16           PNM requested a 21 percent rate hike in its June               the PRC’s utility division staff, the Albuquerque                                         Even if San Juan remains standing,
   BIZ LEADS . . . . . . . . . . . 18       filing. But on Feb. 3, it filed a new agreement, or                 Bernalillo County Water Utility Authority and                                           a lot more EPA regulations are coming
   VIEWPOINT . . . . . . . . . 23           stipulation, that cuts the requested increase to                                                                                            SEE PNM 21    that could deal a definitive knock out.
                                                                                                                                                                                                                                                   SEE PUNCH 21




                                                                                                        i9 Sports seeking franchisees to
                                                                                                          bring fun back to NM youth
                                                                                                                 BY MEGAN KAMERICK | NMBW SENIOR REPORTER                       weary of schlepping their kids         make sports fun for kids, regard-
                                                                                                                                                                                hundreds of miles to practices         less of their skill level. i9 Sports
                                                                                                                    A Florida company that is                                   and games, and kids who have           has 130 franchise locations na-
                                                                                                                 tapping into the exaspera-                                     given up on sports because of          tionwide and 400,000 children
                                                                                                                 tion of parents and chil-                                      hyper-competitive atmospheres          playing in its leagues.
                                                                                                                dren with traditional sports                                    and ranting coaches.                      “Youth sports programs have
                                                                                                                leagues is planning to expand                                     “Programs put on by commu-           gotten to be so competitive that
                                                                                                               into New Mexico.                                                 nities are often not well-orga-        it’s driving the non-star athletes
                                                                                                                  i9 Sports is looking for fran-                                nized or managed, because they         out,” Sanders said. “Kids are
                                                                                                               chisees for its youth sports                                     don’t have a whole lot of bud-         dropping out in droves because
                                                                                                             concept in the Land of Enchant-                                    get,” said Brian Sanders, chief        it’s just not fun anymore.”
                                                                                                            ment. The company’s potential                                       operating officer for i9 Sports.           The company also seeks to
                                                                                                            clientele includes soccer moms                                      “We pride ourselves on having          prevent parents from scream-
                                                                                                                                                                                a highly organized program so          ing at coaches or kids by asking
                                                                                                                                                                                parents know where they need           them to sign a pledge to promote
                                                                                                                                                     COURTESY i9 SPORTS
                                                                                                                                                                                to be and when.”                       positive sideline behavior.
                                                                                             i9 Sports has 130 franchises nation-                                                 The company, based in Bran-             Grant Gunkel, a franchisee in
                                                                                             wide, with 400,000 students participat-                                            don, Fla., was started in 2003         the Chandler and Gilbert, Ariz.,
                                                                                             ing in its sports leagues.                                                         by Frank Fiume, who wanted to                                          SEE SPORTS 22


                                                                                                                  THIS WEEK’S LISTS
                                                             BREAKING NEWS DAILY:                                 Hispanic Owned Businesses 9
                                                                                                                                                                                                                Focus on       LAW
                                                      Subscribe for free daily e-mail updates                     Law Firms 15                                                                                      If you have to die, New Mexico’s not a bad
                                               www.newmexico.bizjournals.com/account/register                                                                                                                       place to do it. We tell you why.           13
2          newmexico.bizjournals.com

An index of people and companies featured in this issue. (Page number indicates where the story featuring people or businesses listed below starts.)
                                                                                                                                                                 NEWSMAKERS                                                                                                                                                                                                       NEW MEXICO BUSINESS WEEKLY | FEBRUARY 18-24, 2011




                                                                                                                                                                                                                                                                                                                                                                                                                               newmexico.bizjournals.com

                                                                                                                                                                                                                                                                                                                                                                                                                   1 Warren Buffett dumps BofA
                                                                                                                                                                                                                                                                                                                                                                                                                     shares, loads up on Wells
Dennis                                                                       Jo Jo                                                                            Jo Edna                                                                           Bruce                                                                               Stacy
Batey                             5                                          Montoya                             9                                            Boldin                          10                                                Puma                            13                                                  Sacco                         23                                               2 Rumors of iPhone nano, free
                                                                                                                                                                                                                                                                                                                                                                                                                     MobileMe grow
People                                                                       Holland, Shawn ..................................................... 1           Skandera, Hanna .................................................. 4              Brasserie La Provence ........................................ 1                    New Mexico Industrial Energy Consumers.. 1                                     3 Boeing, Fluor plan bid to run
Batey, Dennis......................................................... 5     Hoover, Kent .......................................................7, 8         Smith, John Arthur .............................................. 4               Capital One ............................................................. 8         New Mexico Retail Association ....................... 1                          Sandia

Beffort, Sue Wilson.............................................. 4          Keene, Terry............................................................ 1       Steinfeld, Hailee ..................................................11            Casting Society of America ............................11                           New Mexico Women in Film..........................11                           4 Qwest posts Q4 loss, revenue
                                                                                                                                                                                                                                                                                                                                                                                                                     decline
Bernanke, Ben ....................................................... 7      Kirk, Ron.................................................................. 8    Stretch, Clint........................................................... 7       Charter Bank .......................................................... 3           NM Conference of Catholic Bishops.............. 4
                                                                                                                                                                                                                                                                                                                                                                                                                   5 MBA: Mortgage rates rise,
Boldin, Jo Edna...................................................11         Lopez, Barbara.....................................................10            Simonson, Ken ...................................................... 3            CNN........................................................................... 1    Presbyterian Health Plan.................................... 5
                                                                                                                                                                                                                                                                                                                                                                                                                     refinancing falls
Borror, Tim ............................................................23   Lyons, Patrick......................................................... 1        Sinclair, Maxwell................................................... 3            Cocopotamus ......................................................... 3             Public Service Co. of New Mexico................. 1
                                                                                                                                                                                                                                                                                                                                                                                                                   6 Wall Street Journal: Borders
Bridges, Jeff .........................................................11    Marks, Jason ......................................................... 1         Tomlin, Lily ............................................................11       Commercial Energy User Coalition................. 1                                 Rio Grande Foundation....................................... 4                   nearing bankruptcy
Brown, Don ............................................................. 1   Martinez, Susana................................................11               Van Winkle, David ................................................ 1              Construction Financial Mgt. Association....... 3                                    Scalo’s Northern Italian Grill............................. 1
                                                                                                                                                                                                                                                                                                                                                                                                                   7 Plaza Feliz breaks ground
Berman, Lester ....................................................11        McConaughey, Matthew...................................11                        Winter, Nann .......................................................... 1         Deloitte Tax LLP.................................................... 7              Sierra Club .............................................................. 1     Wednesday
Bush, George W.................................................... 8         Michel, Steve.......................................................... 1        Zellweger, Renee ................................................11               ENLACE.................................................................... 4        Small Business Administration ........................ 8                       8 REDW headquarters breaks
Cameron, James ................................................23            Montoya, Jo Jo ...................................................10             Zerbe, Dean ............................................................ 7        ESPN2 ...................................................................... 1      Stelzner Winter Warburton................................ 1                      ground in March

Campbell, Lewis .................................................... 1       Montoya-Boyer, Diana......................................... 4                                                                                                    Farina Pizzeria ....................................................... 1           Swaim & Finlayson ..........................................13                 9 Boeing submits final tanker
                                                                                                                                                                                                                                                                                                                                                                                                                     proposal
Carson, Karen ........................................................ 5     Mora, Vicki .............................................................. 3     Companies                                                                         Food Network ........................................................ 3             The Casting Co....................................................11
                                                                                                                                                                                                                                                                                                                                                                                                                   10 New Mexico gets Grammy
Coleman, Dorothy ................................................. 7         Nathan, Fred........................................................... 4        505 Studio Works LLC.....................................11                       Forever Young ......................................................10              Think New Mexico................................................ 4
                                                                                                                                                                                                                                                                                                                                                                                                                      nods
Cunningham, Courtney .....................................11                 Nava, Cynthia......................................................... 4         Alaska Native Corporations ............................... 8                      FOX............................................................................ 1   Town Center Bank ................................................ 3
Cunningham, Lora ..............................................11            Obama, Barack..................................................7, 8              Albuquerque Public Schools............................. 4                         Fulton Financial ..................................................... 8            Venus and Mars ................................................10
Damon, Matt ........................................................11       Pablo, Jeanette...................................................... 1          Ally Financial .......................................................... 8       Goodman School of Drama ............................11                              University of Houston.......................................... 3
Darnell, Ron............................................................ 1   Parks, Willow Misty ...........................................13                American Advertising Federation-NM............ 3                                  Hard Rock Hotel & Casino................................ 3                          University of New Mexico................................23
Dowling, Ralph....................................................... 3      Paternoster, Steve ................................................ 1            American Express ................................................ 8               i9 Sports.................................................................. 1       UtiliTech Inc............................................................ 1
                                                                                                                                                                                                                                                                                                                                                                                                                   New Mexico Business Weekly
                                                                                                                                                                                                                                                                                                                                                                                                                   (ISSN 1524248X) is published
Eckerly, Susan ....................................................... 7     Pluth, Becky .........................................................23         Artichoke Cafe ....................................................... 1          Indian Pueblo Cultural Center .......................... 3                          WESST .........................................................10, 23          weekly, except semiweekly one
                                                                                                                                                                                                                                                                                                                                                                                                                   week in December for $83.00
Fiume, Frank .......................................................... 1    Puma, Bruce ........................................................13           Artistry of Life Salon .........................................10                Lifetime Network................................................... 3               Western Resource Advocates .......................... 1                        per year by New Mexico Business
                                                                                                                                                                                                                                                                                                                                                                                                                   Weekly, 116 Central Ave SW,
Gessing, Paul ......................................................... 4    Ray, Rachael .......................................................... 3        Assoc. General Contractors of America ..3, 7                                      Modrall Sperling ................................................13                 Wintrust Financial ............................................... 8           Suite 202, Albuquerque, NM
                                                                                                                                                                                                                                                                                                                                                                                                                   87102. Periodicals postage paid at
Glenn, Jimmie ....................................................... 1      Rogers, Marjorie A. ............................................13               Associated General Contractors of NM ........ 3                                   Mood Full Service Salon..................................10                                                                                                        Albuquerque, NM 87101.
Gould, Peter............................................................ 1   Rudd, Merri...........................................................13         BB&T......................................................................... 8   National Association of Manufacturers ......... 7                                                                                                                  POSTMASTER: send address
                                                                                                                                                                                                                                                                                                                                                                                                                   changes to New Mexico Business
Gunkel, Grant ......................................................... 1    Sacco, Stacy ........................................................23          BCA Medical Associates .................................... 5                     National Education Association-NM ............... 4                                                                                                                Weekly, 116 Central Ave SW,
                                                                                                                                                                                                                                                                                                                                                                                                                   Suite 202, Albuquerque, NM
Hirshenson, Janet...............................................11           Sanders, Brian ....................................................... 1         Beal Financial Corp.............................................. 3               Nat’l Federation of Independent Business ... 7                                                                                                                     87102-3404.

Holguin, Mara......................................................... 3     Sandherr, Stephen................................................ 7              Bonita’s Mixes ....................................................... 3          New Mexico Activities Association ................. 4




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FEBRUARY 18-24, 2011 | NEW MEXICO BUSINESS WEEKLY                                                                                                                                             newmexico.bizjournals.com   3


Simonson sees sluggish recovery
BY STEVE GINSBERG | SPECIAL TO NMBW                                                                         In that interview, Simonson said the free
                                                                                                                                                                            S C E NE          HE A R D
                                                                                                                                                                               Another New Mexico business, Co-
                                                                                                                                                                            copotamus, is going to the Oscars.
                                                                                                          fall of construction job losses has ended in                      This column recently mentioned
   As if things haven’t been hard enough                                                                  New Mexico, but the prospects for a full re-                      that Albuquerque’s Bonita’s Mixes,
for New Mexico’s contractors, they are                                                                    covery are not good. Any hope for a recov-                        sugar-free syrups such as a margarita
likely in for a more sluggish recovery than                                                               ery is partially riding on President Barack                       mix, were selected to be in celebrity
their national brethren, according to Ken                                                                 Obama’s new federal budget. Increased                             gift bags at events such as the Gram-
Simonson, chief economist for the Associ-                                                                 spending in the areas of defense and en-                          mys and the Academy Awards. Dark
ated General Contractors of America.                                                                      ergy would have to trickle down to New                            chocolate fudge truffles made by Co-
   Washington. D.C.-based Simonson’s two                                                                  Mexico.                                                           copotamus, an artisanal chocolatier
day visit to Albuquerque included a well-                                                                   “The budget debate looms extremely                              in Albuquerque, also have been picked
attended presentation at the Indian Pueblo                                                                large in New Mexico and it will be a tense                        for the coveted “swag bag” for the 83rd
Cultural Center on Feb. 15 where he laid                                                                  few weeks. Natural gas prices helped New                          Academy Awards celebration (Feb.
out the business prospects for contrac-                                                                   Mexico stay afloat longer, coupled with                            27). Cocopotamus CEO Maxwell Sin-
tors nationally and locally. The Land of                                                                  hefty spending on the Spaceport, Intel                            clair says the candy company will be
Enchantment’s state budget woes will put                                                                  work and the Rail Runner. Now, with the                           taking the truffles “live to the celebri-
                                                                                     RANDY SINER | NMBW
a crimp in the recovery in 2011, he noted.                                                                flattening of federal spending, it could                           ties for a charity event at The W Ho-
   “There is a big budget hole to fill in New        Ken Simonson (standing) speaks with                   deepen our [New Mexico] recovery and it                           tel in Los Angeles” during a two-day
Mexico, and the state will restore services         attendees at ACG New Mexico Build-                    could be more sluggish.”                                          event prior to the Oscars’ ceremony.
first before they allocate funding for con-          ing Branch’s Feb. 15 luncheon.                          This year could actually be more stressful                      The firm’s truffles also have been fea-
struction. Heavy construction is, at best,                                                                than 2010, according AGC’s New Mexico                             tured on cable’s Lifetime Network and
their fourth biggest priority,” Simonson                                                                  President Vicki Mora, who told the Busi-                          in Food Network Rachael Ray’s holi-
told his audience. “New Mexico depends                Simonson is well respected in the indus-            ness Weekly that New Mexico’s current                             day gift guide, among others.
heavily on oil and gas revenues, and this           try for his research and his approach to              budget woes will most likely put a crimp
has been a negative. The benefits of the fed-        telling it straight, and that’s what he did in        into the education projects that have kept                           The pottery room at the Indian
eral stimulus the past two years will also go       his public talk and in a wide ranging inter-          many contractors busy the past two years.                         Pueblo Cultural Center has a wall
away.”                                              view with the Business Weekly.                                                                 SEE SLUGGISH 22          filled with spectacular pots from the
                                                                                                                                                                            19 pueblos around the state. On Feb.

       NEW TO town
                                                                                                                                                                            15, the room was filled with construc-
                                                                                                                                                                            tion execs who, initially, were more in-
                                                                                                                                                                            terested in buildings and mechanical
                                                                                                                                                                            systems, but a pot drew some of the
Ralph Dowling                             President, Charter Bank, Albuquerque                                                                                              biggest raves following a speech by the
                                                                                                                                                                            Associated General Contractors
BY DENNIS DOMRZALSKI | NMBW STAFF                   What are your plans for Charter?                                                                                        of America’s Chief Economist Ken
                                                      I want to rebuild Charter, and particular-                                                                            Simonson. After his presentation
   Ralph Dowling’s wife, Patti, got him into        ly in the community-oriented framework                                                                                  about the state of New Mexico’s con-
his hobby of cooking.                               that the Wertheims started. They built a                                                                                struction industry, Simonson was pre-
   “Fishing and cooking are my favorite hob-        model for what community banks should                                                                                   sented with a gift by AGC-New Mexi-
bies,” says Dowling, who, in November, was          do. That’s at the top of my list.                                                                                       co’s Mara Holguin, director of public
named president of Charter Bank in Albu-                                                                                                                                    affairs. When he opened it, his eyes
querque. “I took up cooking because I would         Had you worked for Beal before?                                                                                         brightened and he smiled broadly, as if
bring the fish home and Patti would say, ‘I’m          No. I have been acting lately as a sort of                                                                            the industry was back to full employ-
not cooking that.’ So I started cooking, and        white knight for banks that need strategic                                                                              ment and new projects were sprout-
now I enter gumbo contests. I will be cook-         direction and change. Beal had been talk-                                                                               ing up. The box contained a black and
ing gumbo on Fat Tuesday [Mardi Gras].”             ing to me for several months about this                                                                                 white seed pot from Acoma Pueblo.
   A Texas native, Dowling has been in the          position. I had commitments to another                                                                                  “This is one of my favorite gifts. I re-
banking business since 1975, when he grad-          financial institution, and when that con-                                                                                ally love these pots,” Simonson told
                                                                                                                                                       RANDY SINER | NMBW
uated from the University of Houston with a         tract ran out, we matched up schedules.                                                                                 his hosts, who included AGC’s New
degree in accounting and finance. He later                                                                 Your impressions of Albuquerque?                                  Mexico Building Branch and the
earned an MBA, and has spent most of his            What do you want to tell the community?                 I judge a city by the way people drive, and                     Construction Financial Manage-
career running community banks in Texas               That we at Charter Bank are in busi-                people here drive fairly politely. They don’t                     ment Association. Many hope that
and elsewhere. He came to Charter, which            ness. Admittedly we struggled in the first             honk, and they wave at you. They’re re-                           the pot is a harbinger of good things,
is owned by Beal Financial Corp. of Plano,          year [after being bought by Beal in January           spectful. People here talk to strangers, and                      perhaps the seeds of a New Mexico
Texas, from a consulting job for a bank in          2010], but we are open for business, we               that’s not true of every city.                                    construction recovery in the works.
Scottsdale, Ariz. Prior to that he was the CEO      are making loans and we are back in the
of Town Center Bank in Coppell, Texas.              community service business.                           dfdomrzalski@bizjournals.com | 505.348.8306



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          We work with a client’s business as if it were our own. Diligently. Carefully. Proactively. Why? Because, quite frankly,
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4 newmexico.bizjournals.com                                                                                                                                                                                     NEW MEXICO BUSINESS WEEKLY | FEBRUARY 18-24, 2011




Small schools bill gathers support from disparate groups
BY MEGAN KAMERICK | NMBW SENIOR REPORTER        Earnings and unemployment by educational degree                                                                                   “So we’ll need every one        “The whole school is able to get to know
                                                                                                                                                                               of those kids to graduate       everybody,” he said. “So teachers know
   An effort to promote smaller schools in                         Percent                                                        Average Annual                               from college just to meet the   the children better, the mechanics of the
New Mexico is picking up steam in the Leg-                    Unemployed                                                           Salary in N.M.                              demand for workers with         school work easier, such as bus pick-up,
islature and has support from an ideologi-                                                                                                                                     college degrees. We need        school assemblies, tutoring, detention and
cally diverse group.                                                                                                                                                           to graduate a much larger       recess.”
   Senate Bill 2 would amend the Public                                                                                                                                        percentage of kids than we         The amended version of the proposed bill
School Capital Outlay Act to give school                       Doctoral Degree 1.4%                                      $56,000                                               do now.”                        also added cost-saving measures, such as
districts an extra 10 percent state fund-                                                                                                                                        Nathan said the national      requiring districts to look for sites for new
ing match from the Public School Capital                      Master’s Degree 1.8%                                       $36,000                                               research on dropouts indi-      schools near facilities they can share, like
Outlay Fund if they build high schools                                                                                                                                         cates the primary reasons       a city-run athletic facility or a community
with enrollments of 400 to 900 students,                   Bachelor’s Degree 2.2%                                        $30,000                                               are that kids feel unsafe and   college library.
or elementary and middle schools with en-                                                                                                                                      they feel alienated.               Paul Gessing, executive director of the
rollments of 200 to 400 students. Districts         Associate’s Degree                                3.0%               $24,000                                                 The push for smaller          Rio Grande Foundation, said this is just one
also could benefit from the incentive if they                                                                                                                                   schools got a dramatic          part of the reform that is needed to improve
renovate large schools into smaller schools              Some College,                                                                                                         boost after the 1999 shoot-     education, but it’s an important one.
within schools.                                                 No Degree                             3.8%               $18,600                                               ings at Columbine High             “I think it’s time to move beyond these
   The bill was cosponsored by Senators            High School                                                                                                                 School in Littleton, Colo.,     major institutions,” he said. “It’s kind of
Sue Wilson Beffort, R-Sandia Park, the                   Graduate                                     4.4%               $17,000                                               which has an enrollment         a big factory model that you centralize ev-
ranking Republican on the Senate Finance                                                                                                                                       of 1,965 students, accord-      erything and put it all together, and kids
Committee; John Arthur Smith, D-Deming              Less Than High School 7.1%                                           $12,000                                               ing to Think NM’s report.       kind of get lost in the mix.”
and chairman of the Senate Finance Com-                                                                                                                                        Many pointed to the shoot-         They lose sight of themselves as individ-
                                                Source: Bureau of Labor Statistics, “Education Pays,” April 2008; U.S. Census Bureau, “5 % Public Use Microdata Samples,” 2000
mittee; and Cynthia Nava, D-Las Cruces,                                                                                                                                        ers’ sense of alienation as     uals, Gessing added.
chair of the Senate Education Committee,                                                                                                                                       one of the key ingredients         ENLACE, which works statewide to in-
which passed an amended version of the                                                                                                                                         in that tragedy.                crease access and success for all students,
bill. It’s now in the Senate Finance Com-       Difference between fall and spring test scores of                                                                                 Taking out mandatory         sees this as one way to close the achieve-
mittee.                                         Santa Fe High freshmen                                                                                                         language in the current         ment gap, said Diana Montoya-Boyer, com-
   Supporters include the free market policy                                                                                                                                   bill made it more palat-        munity relations manager.
advocate Rio Grande Foundation, the New                                               Readi ng                                                                                 able to Albuquerque Public         “From our standpoint, it’s also a civil
                                                                6                      Scor es
Mexico Conference of Catholic Bishops, the                                                                                                 Mat h                               Schools, said Joe Escobedo,     rights bill,” she said. “We see larger schools
National Education Association-New Mex-                         5                                                                        Scor es                               a lobbyist for APS.             also happen to be the schools with higher
ico, the New Mexico Activities Association                                                                                                                                       “We’re already imple-         rates of free and reduced lunch, and higher
and ENLACE (Engaging Latino Families in                         4                                                                                                              menting some of the things      rates of minority students, so it’s as though
Education).                                                                                                                                                                    that they’re talking about,     particular communities are being pushed
   Think New Mexico, the nonprofit think                         3                                                                                                              but it’s just the whole idea    into what Think New Mexico calls ‘dropout
tank in Santa Fe, unsuccessfully pushed                                                                                                                                        of when we begin to build       factories.’”
similar legislation in 2009. It passed the                      2                                                                                                              schools again, what is the         An analysis of the bill by the Legislative
Senate, but not the House. It has changed                                                                                                                                      most cost-effective way to      Education Study Committee gave it a mixed
some things in the bill, including making it                    1                                                                                                              do it,” he said. “That’s what   review, noting that Hanna Skandera, sec-
an optional incentive rather than manda-                                                                                                                                       we have some concerns           retary-designate of the Public Education
tory policy to build smaller schools.                           0                                                                                                              about.”                         Department, has argued that cost-effec-
   Think NM issued a report on smaller                                                                                                                                           APS initiated smaller         tiveness is possible in small schools because
schools in 2008, citing reams of research                      -1                                                                                                              freshmen academies within       of higher graduation rates.
that indicate smaller schools tend to have                                                                                                                                     larger high schools in 2000,       But it also cites research noting there
better outcomes and fewer disciplinary                                        Smaller Learning Community                                                                       according to the Think NM       must be an organizational culture that fos-
problems and are more cost-efficient in                                        Regular Program                                                                                  report.                         ters academic achievement.
the long run. It cites studies that found the                                                                                                                                    A 2005 evaluation of the         The Legislative Finance Committee anal-
most efficient schools are those serving 300     Source: Measures of Academic Progress (MAPS) test scores for Santa Fe High School freshmen, 2004 – 2005                        academies found higher at-      ysis raises the possibility that the public
to 900 students and that “diseconomies of                                                                                                                                      tendance and lower drop-        school capital outlay fund will be dimin-
scale” kick in above 900 students because       on how graduation rates are measured, out rates than in standard ninth grade pro-                                                                              ished more quickly under the legislation.
of increased costs in bureaucracy, security     the state is graduating from 55 to 66 per- grams, and more students advanced to the                                                                            But Nathan said the LFC analysis does not
and transportation (see chart).                 cent of students, said Fred Nathan, Think 10th grade.                                                                                                          take the cost-saving aspects of the amend-
   As of 2007, more than two-thirds of          NM’s executive director.                                                                                  Tom Graham, principal of Griegos Ele-                ed bill into account, such as the shift from a
New Mexico ninth graders entered high               “We’re going to need jobs in New Mexico mentary in Albuquerque, said his school’s                                                                          25 percent incentive to 10 percent.
schools with populations larger than            in the next decade, and two-thirds will re- smaller size has been a key reason why it
1,000, according to Think NM. Depending         quire a college degree,” Nathan said.                                                                 has performed so well academically.                      mkamerick@bizjournals.com | 505.348.8323




                                                                                                                   When you’re trying to                             UPCOMING FOCUS SECTIONS


        Your focus                                                                                                 reach out to a certain
                                                                                                                   industry, there’s no
                                                                                                                                                                       Feb
                                                                                                                                                                       25
                                                                                                                                                                                    Technology
                                                                                                                                                                                    Lists: Biotechnology Companies / Optics Companies


                            is our                                           better way to get your message in front of




        Focus
                                                                                                                                                                       Mar          Accounting
                                                                             that industry’s leaders and decision makers                                                4           Lists: Accounting Firms / NM Publicly-Traded Companies

                                                                             than to advertise in New Mexico Business
                                                                                                                                                                       Mar          Energy
                                                                             Weekly’s Focus sections.                                                                   11          Lists: Utility Companies and Cooperatives



                                                                                                   FOR MORE ADVERTISING                                                                Pam Gutierrez                                 Rebecca Lynch
                                                                                                                                                                                       Senior Advertising Executive /                Senior Advertising
                                                                                                   INFORMATION, PLEASE CONTACT:
                                                                                                                                                                                       Marketing Liaison                             Executive
                                                                                                                                                                                       348-8312                                      348-8304
FEBRUARY 18-24, 2011 | NEW MEXICO BUSINESS WEEKLY                                                                                                                         newmexico.bizjournals.com   5

Grant from Presbyterian Health Plan
helps Roswell physicians go electronic
BY DENNIS DOMRZALSKI | NMBW STAFF                   office, I’ll see you now and that’s it.’”
                                                       Batey says electronic medical records
   Dr. Karen Carson and the seven other             allow the doctors at BCA to do things like
pediatric doctors at BCA Medical Associ-            printing a list of all their asthma patients
ates in Roswell now know quickly when               to see what care they need. That’s more
the children they treat go to an emergency          efficient than looking through thousands
room, and how many of                               of paper files that are organized alphabeti-
their patients need certain                         cally for each asthma patient.
shots and medications.                                 “It’s better than relying on sticky notes,”
They can use that infor-                            Batey adds.
mation to help patients                                Carson, a BCA vice president, says the
avoid costly emergency                              EMRs, which became operational in Oc-
room visits.                                        tober 2010, have allowed her and the
   BCA, which cares for 80                          practice’s other doctors to track patients’
percent of the children on          Batey           emergency room visits. If a patient uses
Medicaid in the Roswell                             an emergency room, the health plan pays
area, can track these things because it has
developed an electronic medical records
program (EMR) with the help of a $70,000
                                                    for it and shares that information with the
                                                    practice, Carson says. Before, Carson and
                                                    her colleagues didn’t know if a patient vis-
                                                                                                                           It’s more than a walk
grant from the Albuquerque-based Presby-
terian Health Plan.
   “We’re now able to track what we call
                                                    ited an emergency room unless that patient
                                                    told them. BCA has spent the $70,000 on
                                                    new computers, software and staff train-
                                                                                                                           in the park.
‘frequent flyers,’ those who overuse emer-           ing on how to use EMRs, Carson says.
gency rooms,” Carson says. “We can bring               So far, the 400,000-member Presbyte-                                    When it comes to banking, Albuquerque
them in for visits, make sure they get their        rian Health Plan has made the grants for                                   comes to New Mexico Bank & Trust.
checkups on time and decrease the usage             EMRs and medical home programs to the
of emergency rooms.”                                University of New Mexico Medical Group;
   The grant to BCA is one of five that              First Choice, a group of clinics in Albuquer-                              “As a family owned business, we carry an
Presbyterian has made to medical groups             que; Presbyterian Medical Group, the doc-
in the past year. The grants for EMRs and           tors and providers employed by the health                                  extensive inventory of high-end fitness
for medical practices to become “medical            plan; and Presbyterian Medical Services,                                   equipment in our store and warehouse.
homes” for their patients were mandated             a statewide network of health centers in
by the state Legislature in 2009 for the            rural communities that is not connected                                    Customers range from individuals to
state’s Medicaid insurers, including Pres-          to Presbyterian Health Plan. The Business                                  fitness centers, police departments,
byterian.                                           Weekly tried to reach other Medicaid insur-
   Medical homes are practices that oversee         ers for this report, but was unsuccessful.                                 schools and more. New Mexico Bank
all of a patient’s medical needs. They’re              Batey says the grant to BCA made sense                                  & Trust has been with us for years
much like old-fashioned family doctors,             because its doctors comprise 80 percent
but they use EMRs to ensure that patients           of the pediatricians in the Roswell area.                                  now. When we need to expand or
get timely checkups and care.                       Grants to other rural medical practices also                               grow our inventory, the bank has
   “The idea is that each patient and the pa-       make sense, he adds, because about half
tient’s family have a personal relationship         of Presbyterian Health Plan’s members
                                                                                                                               supported us every step of the way.
with their physician,” says Dr. Dennis Bat-         live outside the Albuquerque metropolitan                                  They are extremely competitive with
ey, president of Presbyterian Health Plan.          area.
                                                                                                                               rates and immediately responsive
“Their care is coordinated and integrated.
It’s not just, ‘It’s Wednesday, you’re in my        dfdomrzalski@bizjournals.com | 505.348.8306                                to my questions.”


                                                    a condition that was previously diagnosed,                                 Jay Weingardt
NM Software offers                                  patients often want the reassurance that                                   The Fitness Superstore™
                                                    comes with a another professional review
online second opinions                              of an initial determination.”
                                                      NM Software will tap its current online
from health care pros                               network of specialists who read teleradi-
                                                                                                                               New Mexico Bank & Trust helps local
                                                                                                                               businesses succeed with products and
                                                    ology images remotely for the company.
BY KEVIN ROBINSON-AVILA | NMBW SENIOR REPORTER      Through the company’s XR-Express ser-                                      services that fit their needs. We’re a
                                                    vice, physicians can read X-rays, CT scans,
  Getting a second opinion from doctors             ultra-sounds, EKGs and more from any-                                      community bank for all walks of life.
                                                                                                     40696-01 | 09-01-10




is just an e-mail away, thanks to a new             where.
service that New Mexico Software Inc.                 The second-opinion service will be a self-
launched Feb. 16.                                   pay system, since most insurance compa-
  The Albuquerque company, which pro-               nies do not provide for second-opinion re-
vides Web-based medical and general busi-           imbursement, Govatski said.
ness systems software, will offer second-             “We will accept a valid credit card for the
opinion teleradiology interpretation for            service,” he said. “In addition to providing
customers.                                          a written opinion and findings, consulta-
  The service can be provided to anyone             tion with the reviewing doctors may also
with digital files, said President and CEO           be arranged.”
Dick Govatski.                                        NM Software (OTCBB: NMXC) formed
  “There is a solid market for patients and         in 1995. It began trading on the Bulletin                                          www.NMB-T.com | 505.830.8100
their families who want a second opinion            Board Exchange in 1999.
about their medical issues,” Govatski said
in a news release. “Even if just to confirm          krobinson-avila@bizjournals.com | 505.348.8302
6 newmexico.bizjournals.com                                                                                                             NEW MEXICO BUSINESS WEEKLY | FEBRUARY 18-24, 2011


                                                                                                  WEEK IN                                Integrity employees will continue work-
                                                                                                                                       ing for TIG, said Glenn Perkal, Integrity
                                                                   bucadibeppo.com
                                                                                             REVIEW
                                                                                         KEEP UP WITH BUSINESS NEWS AS IT BREAKS:
                                                                                                                                       founder and co-owner, who will become
                                                                                                                                       the business development manager of the
                                                                                                                                       newly merged company.
                                                                                            NEWMEXICO.BIZJOURNALS.COM                    “This acquisition provides more resourc-
                                                                                                                                       es for our team at Integrity,” Perkal said in
                                                                                                                                       a news release.
                                                                                        REDW headquarters                                “TIG has a very strong team in Albuquer-
                                                                                                                                       que and the Integrity staff looks forward to
                                                                                      breaks ground in March                           becoming an effective part of that team,
                                                                                                                                       and to building an even better future for
                                                                                        REDW Business and Financial Resourc-           our customers and vendors.”
                                                                                     es LLC will break ground in March on a              TIG President and CEO Bruce Geier said
                                                                                     45,000-square-foot corporate headquar-            the acquisition helps TIG dig deeper into re-
                                                                                     ters at the corner of Jefferson Street and        gional markets.
                                                                                     Masthead Street.                                    “The addition of Integrity greatly ex-
          Bring them to Buca... or Bring Buca to them!                                  The accounting firm signed a lease with
                                                                                     Titan Development, which is developing
                                                                                                                                       pands TIG’s presence in the New Mexico
                                                                                                                                       and Arizona regions, and the acquisition
                                                                                     the project.                                      adds personnel and contracts with com-
                                                                                        REDW’s new home initially will ac-             panies and in marketplaces where TIG was
                                                                                     commodate 150 employees, but it has               not previously involved,” Geier said.
                                                                                     been designed for growth and expansion.
             Buca di Beppo is your answer to one fabulous group dining               The two-story, Southwest contemporary,
             experience. Our staff will organize and plan your events with
                                                                                     build-to-suit headquarters is being built to      Boeing, Fluor plan bid to
                                                                                     achieve LEED Silver certification standards,
           one of our family-style banquet packages. Our Italian specialties         complete with solar photovoltaic panels                 run Sandia
                  are also available in Extra Large Party Pans To Go.                that produce 78 kilowatts of power. (LEED
                                                                                     — Leadership in Energy and Environmen-               The Boeing Co. and Fluor Corp. hope to
                                                                                     tal Design — is a U.S. Green Building Coun-       replace Lockheed Martin Corp. as manager
                                                                                     cil standard.)                                    and operator of Sandia National Laborato-
                                                                                        “It’s a great time to build. We are capital-   ries.
                                                                                     izing on low interest rates, low construction        Lockheed’s contract expires in Septem-
                                                                                     costs and the city of Albuquerque’s impact        ber 2012. It has operated Sandia for the
                                                                                     fee waiver,” said Ron Rivera, REDW’s man-         U.S. Department of Energy’s National Nu-
                                                                                     aging principal.                                  clear Security Administration since 1993.
       ALBUQUERQUE                                                                      “It’s a positive sign that New Mexico          The lab has a $2.5 billion annual operat-
                                                                                     businesses can expand, even in a recover-         ing budget, including installations in Albu-
                                                                                     ing economy.”                                     querque and in Livermore, Calif.
                                                                                        REDW acquired nearly three acres last             The DOE has not said if it will hold a
                                                                                     year in the Journal Center corridor and           competitive bid. But Boeing and Fluor will
                                                                                     hopes to be in the new building by October.       pursue a contract as a team if a bidding
                                                                                     It now leases 30,000 square feet at 6401          process does open, said Boeing Defense and
                                                                                     Jefferson St. NE. The company has con-            Government Services Vice President Greg
                                                                                     sistently been among the three largest ac-        Deiter in a news release.
                          “I HEARD IT WAS A SNOW DAY.                                counting firms in the state.                          “The Boeing Co. has a long history of
                                                                                        “Everyone involved in this project, from       managing large-scale research and devel-
            WHICH TURNED INTO A GO ANYWHERE DAY.”                                    the architects and the [financiers] to the         opment programs,” Deiter said.
                                                                                     contractors, are local business owners,”             “We will draw on that experience to offer
                                                                                     said Drew Dolan, director of development          innovative approaches to meet the NNSA’s
                                                                                     at Titan. “This is a great example of how lo-     objectives of strengthening performance
                                                                                     cal businesses working together can create        on national security missions, reducing
                                                                                     jobs and contribute to our local economy.”        costs and supporting operations as an inte-
                                                                                        Titan is among the Duke City’s leading         grated nuclear security enterprise.”
                                                                                     developers and has been active in the Jour-          Chicago-based Boeing has worked on
                                                                                     nal Center development for more than a            contracts with Sandia for decades. If DOE
                                                                                     decade.                                           opens the contract to new bids, the Defense
                                                                                        Paul Sowards and Joe Sierra of Century         and Government Services division of the
                                                                                     Bank agreed to provide the financing.              DSS division would partner with Fluor to
                                                                                     Albuquerque architectural firm Dekker/             manage the Sandia contract. Boeing em-
                                                                                     Perich/Sabatini, interior architects SMPC,        ploys about 450 in New Mexico.
                                                                                     general contractor Reid & Associates and             Fluor is a global provider of engineering,
                                                                                     civil engineers Bohannon Huston Inc. are          procurement, construction, commission-
                                                                                     working on the project.                           ing, operations, maintenance and project
                                                                                                                                       management services.
                                                                                                                                          Texas-based Fluor is a longtime DOE con-
                                                                                        TIG acquires Integrity                         tractor, managing services for the DOE at
                                                                                                                                       facilities at Savannah River in South Caro-
                                                                                         Networking Systems                            lina, Hanford in Washington, and Ports-
                                                                                                                                       mouth in Piketon, Ohio. The company re-
                                                                                        The Technology Integration Group has           ported $22 billion in revenue in 2009.
            Go beyond in a 2011 Land Rover LR4. Test drive one today.                acquired the contracts and assets of Integ-          Fluor Government Group Senior Vice
                                                                                     rity Networking Systems Inc. in Albuquer-         President Greg Meyer said the DOE could
                                                                                     que.                                              benefit from the joint capabilities offered by
                                                                                        Integrity, founded in 1992, is a computer      Fluor and Boeing.
    Land Rover Albuquerque         Land Rover Santa Fe                               systems integrator with offices in New Mex-           “We believe that the complementary
     Alameda just west of I-25    Across from the Auto Park                          ico and Arizona.                                  resources and skill sets of two world-class
         505.797.3600                 505.474.0888                                      TIG, formed in 1981, is a systems inte-        companies like Fluor and Boeing offer the
       www.rover4x4.com            www.santafe4x4.com                                grator based in San Diego, with offices in 19      NNSA an extremely compelling value
                                                                                     other U.S. cities and in Shanghai, China.         proposition,” Meyer said.
FEBRUARY 18-24, 2011 | NEW MEXICO BUSINESS WEEKLY                                                                                                       newmexico.bizjournals.com   7


Benefits of Obama’s budget request
could be outweighed by tax hikes                                                                    N E W M E X I C O’S
  President Barack Obama’s $3.7 trillion            cific industries.
budget request for next year is a mixed bag            Most small businesses don’t pay corpo-
for the business community.                         rate taxes. Their profits flow through to
  Despite a five-year freeze on non-security         their owners and are subject to individual
discretionary spending, the federal govern-         income taxes. Wealthier small business
ment would still run a $1.1 trillion deficit         owners would face higher taxes under                                                      ENGINEERING
in fiscal 2012 under the                             Obama’s plan. The president wants to let
president’s plan. Defi-                              income tax rates go up in 2013 for fami-
                                                                                                                                              THE FUTURE
cits in succeeding years                            lies that make $250,000 or more. Family-                                                  TOGETHER
would be lower, but the                             owned businesses could face higher estate
budget plan doesn’t ad-                             taxes. The president thinks the 35 percent
dress the nation’s long-                            rate in effect for the next two years is too                                     The 22nd Annual
term structural debt                                low.
and the huge amount                                    “While I had to accept these measures                                  UNM Anderson School of
of interest that will be                            for two more years as part of a compromise                               Management Hall of Fame
owed on it. Many econo- KENT HOOVER                 that prevented a large tax increase on mid-
mists, including Federal WASHINGTON BUREAU CHIEF    dle-class families and secured job-creating
Reserve Chairman Ben                                support for our economy, these policies                                        Tuesday, March 8, 2011
Bernanke, say a plan to address this prob-          were unfair and unaffordable when enact-                                                  Embassy Suites Hotel
lem needs to be agreed on soon or the fed-          ed and remain so today,” Obama said.
eral government, as well as businesses, will           The president’s plan also would partially                                         Cocktails - Cash Bar 6:00 p.m.
face much higher interest rates.                    revive a paperwork burden on small busi-                                Dinner and Induction Ceremony 7:00 p.m.
  Some industries would benefit from the             nesses created by health care reform. That
                                                                                                                           Tickets: Tables of 8 $1,000 / Individuals $100
president’s budget. Obama’s proposal to             law requires businesses that pay $600 or
immediately spend $50 billion to upgrade            more a year to any other business to file
                                                                                                    Please RSVP by February 28, 2011 at www.mgt.unm.edu/HOF
the nation’s transportation infrastructure          a 1099 report with the Internal Revenue
would result in more jobs for the hard-hit          Service beginning in 2012. That’s a ma-              For more information: Natalie Mead - nmead60@unm.edu
construction industry.                              jor expansion of current 1099 reporting
  “It is encouraging to see that the presi-         requirements, which now apply only to
dent appreciates the difference between             payments to unincorporated service pro-               EVENT SPONSORS
wasteful spending and essential transpor-           viders.
tation investments needed to boost overall             After small businesses complained
economic growth and protect Americans               that this provision would create a paper-
from later, larger fiscal liabilities,” said         work nightmare, Democrats — including
Stephen Sandherr, CEO of the Associated             Obama — agreed with Republicans that it
General Contractors of America.                     needed to be repealed. The Senate passed
  These gains for the construction industry         legislation repealing the provision Feb. 2,
would be partially offset, however, by re-          and the House is expected to follow suit in
duced federal spending on water projects,           the next few weeks.
airport improvements and federal building              The president’s budget plan, however,
maintenance.                                        would expand the 1099 reporting require-
  The renewable energy industry would               ment to payments made to corporations
benefit from tax incentives and increased            for services.
spending on federal research. The budget               Obama is guilty of pulling a “a bait-and-
encourages innovation in general by call-           switch on the 1099 reporting provision,”
ing for a permanent, more robust tax credit         said Susan Eckerly, senior vice president
for research and development.                       of the National Federation of Independent
  Plus, Obama proposed a permanent ex-              Business.
tension of a tax break that’s designed to
encourage investment in small businesses.           Congress unlikely to back plan
Under this proposal, investors who buy                 Businesses that don’t like the president’s
stock in small corporations and hold it for         tax proposals can take solace in the fact
five years would not have to pay capital             that they “likely are going nowhere,” said
gains taxes when they sell the stock.               Clint Stretch, managing principal of De-
                                                    loitte Tax LLP.
Targeted: oil, multinationals, wealthy                 Congress this year will focus on spending
  Many businesses, however, would see               cuts, not taxes, he said.
higher taxes. The president wants to raise             Dean Zerbe, national managing director
$46 billion over the next 10 years by elimi-        of alliantgroup LP, agrees.
nating 12 tax breaks for oil, gas and coal             “It is difficult to see much if any day-
companies. This would increase energy               light for the tax increases to be passed in
costs, said Dorothy Coleman, senior vice            this Congress,” said Zerbe, who was senior
president of the National Association of            counsel to the Senate Finance Committee
Manufacturers. That’s a problem for man-            before joining alliantgroup, a provider of
ufacturers, since they consume one-third            specialty tax services. “Most of the pro-
of the nation’s energy.                             posed tax increases are old and cold and
  U.S.-based multinational corporations             were rejected by the Congress when the
also would face higher taxes on income              Democrats ran everything. Hard to imag-
earned abroad. The budget plan calls for            ine the Republican House being for a tax
reducing the corporate tax rate to make             increase that the Democrats couldn’t sup-
U.S. companies more competitive with                port.”
their global counterparts, but that’s tied to
elimination of tax breaks that benefit spe-          khoover@bizjournals.com | 703.258.0845
Albuquerque 20110218
Albuquerque 20110218
Albuquerque 20110218
Albuquerque 20110218
Albuquerque 20110218
Albuquerque 20110218
Albuquerque 20110218
Albuquerque 20110218
Albuquerque 20110218
Albuquerque 20110218
Albuquerque 20110218
Albuquerque 20110218
Albuquerque 20110218
Albuquerque 20110218
Albuquerque 20110218
Albuquerque 20110218
Albuquerque 20110218

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Albuquerque 20110218

  • 1. BU INESS N E W M E X I C O FACE OF BUSINESS Jo Edna Boldin USIN gets to make stars of NM citizens 11 NEW TO TOWN Charter Bank’s new CEO likes to fish and WEEKLY turned cooking his catch into a hobby 3 Y VOL. 17 NO. 51 SMALLER IS BETTER At least it appears that way, according to a Think New Mexico report on schools 4 VISIT NEWMEXICO.BIZJOURNALS.COM FOR THE LATEST LOCAL BUSINESS NEWS FEBRUARY 18-24, 2011 $2.00 PNM’s rate hike opponents gather BY KEVIN ROBINSON-AVILA | NMBW SENIOR REPORTER Table I – PNM rate increase in revenue SBS Steve Paternoster, owner of Scalo’s Northern Italian Grill and Brasserie La Provence, said Pub- and percent change (In millions of dollars) PNM fights one-two Mood Full Service Salon has its own style 10 lic Service Co. of New Mexico’s request for a 10.8 percent rate hike will cut into his PNM PNM Percent punch at San Juan North 1/ South 2/ Revenue change bottom line if it’s approved. BY KEVIN ROBINSON-AVILA | NMBW SENIOR REPORTER Paternoster said he already Current revenue 724.2 61.1 785.3 pays nearly $7,000 per month • 5.7 % base-rate The Public Service Co. of New Mexico for electricity. 765.7 64.6 830.3 is in a battle for the life of its coal-fired hike, May 15, 2011 “I’m just a little guy,” Paternos- San Juan Generating Station. • 5.1 % base-rate ter said. “I have a restaurant that 802.6 67.7 870.3 10.8 The utility is fight- hike, Jan. 1, 2012 does well. But a nickel here and a ing proposed U.S. Envi- Paternoster nickel there can chip out the bot- • $20 million rate ronmental Protection n/a n/a 890.3 13.37 tom line pretty quick.” rider, Jan. 1, 2013 Agency restrictions on SLUGGISH Paternoster co-chairs the Commercial Energy nitrogen oxide at the That’s the forecast for a User Coalition, which opposes PNM’s rate hike. 1/ About 450,000 residential and commercial customers. 30-year-old plant, plus recovery in construction 3 The coalition includes four statewide associa- 2/ About 51,000 residential and commercial customers in Alamogor- state regulations on tions representing New Mexico restaurants, retail do, Ruidoso, Tularosa, Lordsburg, Silver City and Bayard. greenhouse gas emis- Source: NMBW, based on data from PNM stores, grocers and petroleum marketers. Brown sions. That’s a one-two INSIDE It formed last summer to oppose PNM’s rate punch the plant might SBS . . . . . . . . . . . . . . . . 10 case, which the utility filed with the New Mexico 10.8 percent. That agreement is supported by six not survive, said PNM spokesman Don FOB . . . . . . . . . . . . . . . . 11 Public Regulation Commission in June. parties, including the Attorney General’s Office, Brown. MOVERS . . . . . . . . . . . . 16 PNM requested a 21 percent rate hike in its June the PRC’s utility division staff, the Albuquerque Even if San Juan remains standing, BIZ LEADS . . . . . . . . . . . 18 filing. But on Feb. 3, it filed a new agreement, or Bernalillo County Water Utility Authority and a lot more EPA regulations are coming VIEWPOINT . . . . . . . . . 23 stipulation, that cuts the requested increase to SEE PNM 21 that could deal a definitive knock out. SEE PUNCH 21 i9 Sports seeking franchisees to bring fun back to NM youth BY MEGAN KAMERICK | NMBW SENIOR REPORTER weary of schlepping their kids make sports fun for kids, regard- hundreds of miles to practices less of their skill level. i9 Sports A Florida company that is and games, and kids who have has 130 franchise locations na- tapping into the exaspera- given up on sports because of tionwide and 400,000 children tion of parents and chil- hyper-competitive atmospheres playing in its leagues. dren with traditional sports and ranting coaches. “Youth sports programs have leagues is planning to expand “Programs put on by commu- gotten to be so competitive that into New Mexico. nities are often not well-orga- it’s driving the non-star athletes i9 Sports is looking for fran- nized or managed, because they out,” Sanders said. “Kids are chisees for its youth sports don’t have a whole lot of bud- dropping out in droves because concept in the Land of Enchant- get,” said Brian Sanders, chief it’s just not fun anymore.” ment. The company’s potential operating officer for i9 Sports. The company also seeks to clientele includes soccer moms “We pride ourselves on having prevent parents from scream- a highly organized program so ing at coaches or kids by asking parents know where they need them to sign a pledge to promote COURTESY i9 SPORTS to be and when.” positive sideline behavior. i9 Sports has 130 franchises nation- The company, based in Bran- Grant Gunkel, a franchisee in wide, with 400,000 students participat- don, Fla., was started in 2003 the Chandler and Gilbert, Ariz., ing in its sports leagues. by Frank Fiume, who wanted to SEE SPORTS 22 THIS WEEK’S LISTS BREAKING NEWS DAILY: Hispanic Owned Businesses 9 Focus on LAW Subscribe for free daily e-mail updates Law Firms 15 If you have to die, New Mexico’s not a bad www.newmexico.bizjournals.com/account/register place to do it. We tell you why. 13
  • 2. 2 newmexico.bizjournals.com An index of people and companies featured in this issue. (Page number indicates where the story featuring people or businesses listed below starts.) NEWSMAKERS NEW MEXICO BUSINESS WEEKLY | FEBRUARY 18-24, 2011 newmexico.bizjournals.com 1 Warren Buffett dumps BofA shares, loads up on Wells Dennis Jo Jo Jo Edna Bruce Stacy Batey 5 Montoya 9 Boldin 10 Puma 13 Sacco 23 2 Rumors of iPhone nano, free MobileMe grow People Holland, Shawn ..................................................... 1 Skandera, Hanna .................................................. 4 Brasserie La Provence ........................................ 1 New Mexico Industrial Energy Consumers.. 1 3 Boeing, Fluor plan bid to run Batey, Dennis......................................................... 5 Hoover, Kent .......................................................7, 8 Smith, John Arthur .............................................. 4 Capital One ............................................................. 8 New Mexico Retail Association ....................... 1 Sandia Beffort, Sue Wilson.............................................. 4 Keene, Terry............................................................ 1 Steinfeld, Hailee ..................................................11 Casting Society of America ............................11 New Mexico Women in Film..........................11 4 Qwest posts Q4 loss, revenue decline Bernanke, Ben ....................................................... 7 Kirk, Ron.................................................................. 8 Stretch, Clint........................................................... 7 Charter Bank .......................................................... 3 NM Conference of Catholic Bishops.............. 4 5 MBA: Mortgage rates rise, Boldin, Jo Edna...................................................11 Lopez, Barbara.....................................................10 Simonson, Ken ...................................................... 3 CNN........................................................................... 1 Presbyterian Health Plan.................................... 5 refinancing falls Borror, Tim ............................................................23 Lyons, Patrick......................................................... 1 Sinclair, Maxwell................................................... 3 Cocopotamus ......................................................... 3 Public Service Co. of New Mexico................. 1 6 Wall Street Journal: Borders Bridges, Jeff .........................................................11 Marks, Jason ......................................................... 1 Tomlin, Lily ............................................................11 Commercial Energy User Coalition................. 1 Rio Grande Foundation....................................... 4 nearing bankruptcy Brown, Don ............................................................. 1 Martinez, Susana................................................11 Van Winkle, David ................................................ 1 Construction Financial Mgt. Association....... 3 Scalo’s Northern Italian Grill............................. 1 7 Plaza Feliz breaks ground Berman, Lester ....................................................11 McConaughey, Matthew...................................11 Winter, Nann .......................................................... 1 Deloitte Tax LLP.................................................... 7 Sierra Club .............................................................. 1 Wednesday Bush, George W.................................................... 8 Michel, Steve.......................................................... 1 Zellweger, Renee ................................................11 ENLACE.................................................................... 4 Small Business Administration ........................ 8 8 REDW headquarters breaks Cameron, James ................................................23 Montoya, Jo Jo ...................................................10 Zerbe, Dean ............................................................ 7 ESPN2 ...................................................................... 1 Stelzner Winter Warburton................................ 1 ground in March Campbell, Lewis .................................................... 1 Montoya-Boyer, Diana......................................... 4 Farina Pizzeria ....................................................... 1 Swaim & Finlayson ..........................................13 9 Boeing submits final tanker proposal Carson, Karen ........................................................ 5 Mora, Vicki .............................................................. 3 Companies Food Network ........................................................ 3 The Casting Co....................................................11 10 New Mexico gets Grammy Coleman, Dorothy ................................................. 7 Nathan, Fred........................................................... 4 505 Studio Works LLC.....................................11 Forever Young ......................................................10 Think New Mexico................................................ 4 nods Cunningham, Courtney .....................................11 Nava, Cynthia......................................................... 4 Alaska Native Corporations ............................... 8 FOX............................................................................ 1 Town Center Bank ................................................ 3 Cunningham, Lora ..............................................11 Obama, Barack..................................................7, 8 Albuquerque Public Schools............................. 4 Fulton Financial ..................................................... 8 Venus and Mars ................................................10 Damon, Matt ........................................................11 Pablo, Jeanette...................................................... 1 Ally Financial .......................................................... 8 Goodman School of Drama ............................11 University of Houston.......................................... 3 Darnell, Ron............................................................ 1 Parks, Willow Misty ...........................................13 American Advertising Federation-NM............ 3 Hard Rock Hotel & Casino................................ 3 University of New Mexico................................23 Dowling, Ralph....................................................... 3 Paternoster, Steve ................................................ 1 American Express ................................................ 8 i9 Sports.................................................................. 1 UtiliTech Inc............................................................ 1 New Mexico Business Weekly (ISSN 1524248X) is published Eckerly, Susan ....................................................... 7 Pluth, Becky .........................................................23 Artichoke Cafe ....................................................... 1 Indian Pueblo Cultural Center .......................... 3 WESST .........................................................10, 23 weekly, except semiweekly one week in December for $83.00 Fiume, Frank .......................................................... 1 Puma, Bruce ........................................................13 Artistry of Life Salon .........................................10 Lifetime Network................................................... 3 Western Resource Advocates .......................... 1 per year by New Mexico Business Weekly, 116 Central Ave SW, Gessing, Paul ......................................................... 4 Ray, Rachael .......................................................... 3 Assoc. General Contractors of America ..3, 7 Modrall Sperling ................................................13 Wintrust Financial ............................................... 8 Suite 202, Albuquerque, NM 87102. Periodicals postage paid at Glenn, Jimmie ....................................................... 1 Rogers, Marjorie A. ............................................13 Associated General Contractors of NM ........ 3 Mood Full Service Salon..................................10 Albuquerque, NM 87101. Gould, Peter............................................................ 1 Rudd, Merri...........................................................13 BB&T......................................................................... 8 National Association of Manufacturers ......... 7 POSTMASTER: send address changes to New Mexico Business Gunkel, Grant ......................................................... 1 Sacco, Stacy ........................................................23 BCA Medical Associates .................................... 5 National Education Association-NM ............... 4 Weekly, 116 Central Ave SW, Suite 202, Albuquerque, NM Hirshenson, Janet...............................................11 Sanders, Brian ....................................................... 1 Beal Financial Corp.............................................. 3 Nat’l Federation of Independent Business ... 7 87102-3404. Holguin, Mara......................................................... 3 Sandherr, Stephen................................................ 7 Bonita’s Mixes ....................................................... 3 New Mexico Activities Association ................. 4 Heat or Cool my Green Home under $100/year!* Starting at $129,000 Full Semi-custom Homes Available 2010 Homes of Enchantment Parade Gold Award Winner! Living green, saving green. 88-Green (505-884-7336) | www.paulallenhomes.net *As certified by Green Engineers.
  • 3. FEBRUARY 18-24, 2011 | NEW MEXICO BUSINESS WEEKLY newmexico.bizjournals.com 3 Simonson sees sluggish recovery BY STEVE GINSBERG | SPECIAL TO NMBW In that interview, Simonson said the free S C E NE HE A R D Another New Mexico business, Co- copotamus, is going to the Oscars. fall of construction job losses has ended in This column recently mentioned As if things haven’t been hard enough New Mexico, but the prospects for a full re- that Albuquerque’s Bonita’s Mixes, for New Mexico’s contractors, they are covery are not good. Any hope for a recov- sugar-free syrups such as a margarita likely in for a more sluggish recovery than ery is partially riding on President Barack mix, were selected to be in celebrity their national brethren, according to Ken Obama’s new federal budget. Increased gift bags at events such as the Gram- Simonson, chief economist for the Associ- spending in the areas of defense and en- mys and the Academy Awards. Dark ated General Contractors of America. ergy would have to trickle down to New chocolate fudge truffles made by Co- Washington. D.C.-based Simonson’s two Mexico. copotamus, an artisanal chocolatier day visit to Albuquerque included a well- “The budget debate looms extremely in Albuquerque, also have been picked attended presentation at the Indian Pueblo large in New Mexico and it will be a tense for the coveted “swag bag” for the 83rd Cultural Center on Feb. 15 where he laid few weeks. Natural gas prices helped New Academy Awards celebration (Feb. out the business prospects for contrac- Mexico stay afloat longer, coupled with 27). Cocopotamus CEO Maxwell Sin- tors nationally and locally. The Land of hefty spending on the Spaceport, Intel clair says the candy company will be Enchantment’s state budget woes will put work and the Rail Runner. Now, with the taking the truffles “live to the celebri- RANDY SINER | NMBW a crimp in the recovery in 2011, he noted. flattening of federal spending, it could ties for a charity event at The W Ho- “There is a big budget hole to fill in New Ken Simonson (standing) speaks with deepen our [New Mexico] recovery and it tel in Los Angeles” during a two-day Mexico, and the state will restore services attendees at ACG New Mexico Build- could be more sluggish.” event prior to the Oscars’ ceremony. first before they allocate funding for con- ing Branch’s Feb. 15 luncheon. This year could actually be more stressful The firm’s truffles also have been fea- struction. Heavy construction is, at best, than 2010, according AGC’s New Mexico tured on cable’s Lifetime Network and their fourth biggest priority,” Simonson President Vicki Mora, who told the Busi- in Food Network Rachael Ray’s holi- told his audience. “New Mexico depends Simonson is well respected in the indus- ness Weekly that New Mexico’s current day gift guide, among others. heavily on oil and gas revenues, and this try for his research and his approach to budget woes will most likely put a crimp has been a negative. The benefits of the fed- telling it straight, and that’s what he did in into the education projects that have kept The pottery room at the Indian eral stimulus the past two years will also go his public talk and in a wide ranging inter- many contractors busy the past two years. Pueblo Cultural Center has a wall away.” view with the Business Weekly. SEE SLUGGISH 22 filled with spectacular pots from the 19 pueblos around the state. On Feb. NEW TO town 15, the room was filled with construc- tion execs who, initially, were more in- terested in buildings and mechanical systems, but a pot drew some of the Ralph Dowling President, Charter Bank, Albuquerque biggest raves following a speech by the Associated General Contractors BY DENNIS DOMRZALSKI | NMBW STAFF What are your plans for Charter? of America’s Chief Economist Ken I want to rebuild Charter, and particular- Simonson. After his presentation Ralph Dowling’s wife, Patti, got him into ly in the community-oriented framework about the state of New Mexico’s con- his hobby of cooking. that the Wertheims started. They built a struction industry, Simonson was pre- “Fishing and cooking are my favorite hob- model for what community banks should sented with a gift by AGC-New Mexi- bies,” says Dowling, who, in November, was do. That’s at the top of my list. co’s Mara Holguin, director of public named president of Charter Bank in Albu- affairs. When he opened it, his eyes querque. “I took up cooking because I would Had you worked for Beal before? brightened and he smiled broadly, as if bring the fish home and Patti would say, ‘I’m No. I have been acting lately as a sort of the industry was back to full employ- not cooking that.’ So I started cooking, and white knight for banks that need strategic ment and new projects were sprout- now I enter gumbo contests. I will be cook- direction and change. Beal had been talk- ing up. The box contained a black and ing gumbo on Fat Tuesday [Mardi Gras].” ing to me for several months about this white seed pot from Acoma Pueblo. A Texas native, Dowling has been in the position. I had commitments to another “This is one of my favorite gifts. I re- banking business since 1975, when he grad- financial institution, and when that con- ally love these pots,” Simonson told RANDY SINER | NMBW uated from the University of Houston with a tract ran out, we matched up schedules. his hosts, who included AGC’s New degree in accounting and finance. He later Your impressions of Albuquerque? Mexico Building Branch and the earned an MBA, and has spent most of his What do you want to tell the community? I judge a city by the way people drive, and Construction Financial Manage- career running community banks in Texas That we at Charter Bank are in busi- people here drive fairly politely. They don’t ment Association. Many hope that and elsewhere. He came to Charter, which ness. Admittedly we struggled in the first honk, and they wave at you. They’re re- the pot is a harbinger of good things, is owned by Beal Financial Corp. of Plano, year [after being bought by Beal in January spectful. People here talk to strangers, and perhaps the seeds of a New Mexico Texas, from a consulting job for a bank in 2010], but we are open for business, we that’s not true of every city. construction recovery in the works. Scottsdale, Ariz. Prior to that he was the CEO are making loans and we are back in the of Town Center Bank in Coppell, Texas. community service business. dfdomrzalski@bizjournals.com | 505.348.8306 atkinsoncpa.com Whose business is it, anyway? We work with a client’s business as if it were our own. Diligently. Carefully. Proactively. Why? Because, quite frankly, it is. You grow. We grow. You prosper. We prosper. And that’s the bottom line. Because our real interest is you. Certified Public Accountants Albuquerque: 505 843 6492 Rio Rancho: 505 891 8111 Martin Mathisen, CPA - Audit Director
  • 4. 4 newmexico.bizjournals.com NEW MEXICO BUSINESS WEEKLY | FEBRUARY 18-24, 2011 Small schools bill gathers support from disparate groups BY MEGAN KAMERICK | NMBW SENIOR REPORTER Earnings and unemployment by educational degree “So we’ll need every one “The whole school is able to get to know of those kids to graduate everybody,” he said. “So teachers know An effort to promote smaller schools in Percent Average Annual from college just to meet the the children better, the mechanics of the New Mexico is picking up steam in the Leg- Unemployed Salary in N.M. demand for workers with school work easier, such as bus pick-up, islature and has support from an ideologi- college degrees. We need school assemblies, tutoring, detention and cally diverse group. to graduate a much larger recess.” Senate Bill 2 would amend the Public percentage of kids than we The amended version of the proposed bill School Capital Outlay Act to give school Doctoral Degree 1.4% $56,000 do now.” also added cost-saving measures, such as districts an extra 10 percent state fund- Nathan said the national requiring districts to look for sites for new ing match from the Public School Capital Master’s Degree 1.8% $36,000 research on dropouts indi- schools near facilities they can share, like Outlay Fund if they build high schools cates the primary reasons a city-run athletic facility or a community with enrollments of 400 to 900 students, Bachelor’s Degree 2.2% $30,000 are that kids feel unsafe and college library. or elementary and middle schools with en- they feel alienated. Paul Gessing, executive director of the rollments of 200 to 400 students. Districts Associate’s Degree 3.0% $24,000 The push for smaller Rio Grande Foundation, said this is just one also could benefit from the incentive if they schools got a dramatic part of the reform that is needed to improve renovate large schools into smaller schools Some College, boost after the 1999 shoot- education, but it’s an important one. within schools. No Degree 3.8% $18,600 ings at Columbine High “I think it’s time to move beyond these The bill was cosponsored by Senators High School School in Littleton, Colo., major institutions,” he said. “It’s kind of Sue Wilson Beffort, R-Sandia Park, the Graduate 4.4% $17,000 which has an enrollment a big factory model that you centralize ev- ranking Republican on the Senate Finance of 1,965 students, accord- erything and put it all together, and kids Committee; John Arthur Smith, D-Deming Less Than High School 7.1% $12,000 ing to Think NM’s report. kind of get lost in the mix.” and chairman of the Senate Finance Com- Many pointed to the shoot- They lose sight of themselves as individ- Source: Bureau of Labor Statistics, “Education Pays,” April 2008; U.S. Census Bureau, “5 % Public Use Microdata Samples,” 2000 mittee; and Cynthia Nava, D-Las Cruces, ers’ sense of alienation as uals, Gessing added. chair of the Senate Education Committee, one of the key ingredients ENLACE, which works statewide to in- which passed an amended version of the in that tragedy. crease access and success for all students, bill. It’s now in the Senate Finance Com- Difference between fall and spring test scores of Taking out mandatory sees this as one way to close the achieve- mittee. Santa Fe High freshmen language in the current ment gap, said Diana Montoya-Boyer, com- Supporters include the free market policy bill made it more palat- munity relations manager. advocate Rio Grande Foundation, the New Readi ng able to Albuquerque Public “From our standpoint, it’s also a civil 6 Scor es Mexico Conference of Catholic Bishops, the Mat h Schools, said Joe Escobedo, rights bill,” she said. “We see larger schools National Education Association-New Mex- 5 Scor es a lobbyist for APS. also happen to be the schools with higher ico, the New Mexico Activities Association “We’re already imple- rates of free and reduced lunch, and higher and ENLACE (Engaging Latino Families in 4 menting some of the things rates of minority students, so it’s as though Education). that they’re talking about, particular communities are being pushed Think New Mexico, the nonprofit think 3 but it’s just the whole idea into what Think New Mexico calls ‘dropout tank in Santa Fe, unsuccessfully pushed of when we begin to build factories.’” similar legislation in 2009. It passed the 2 schools again, what is the An analysis of the bill by the Legislative Senate, but not the House. It has changed most cost-effective way to Education Study Committee gave it a mixed some things in the bill, including making it 1 do it,” he said. “That’s what review, noting that Hanna Skandera, sec- an optional incentive rather than manda- we have some concerns retary-designate of the Public Education tory policy to build smaller schools. 0 about.” Department, has argued that cost-effec- Think NM issued a report on smaller APS initiated smaller tiveness is possible in small schools because schools in 2008, citing reams of research -1 freshmen academies within of higher graduation rates. that indicate smaller schools tend to have larger high schools in 2000, But it also cites research noting there better outcomes and fewer disciplinary Smaller Learning Community according to the Think NM must be an organizational culture that fos- problems and are more cost-efficient in Regular Program report. ters academic achievement. the long run. It cites studies that found the A 2005 evaluation of the The Legislative Finance Committee anal- most efficient schools are those serving 300 Source: Measures of Academic Progress (MAPS) test scores for Santa Fe High School freshmen, 2004 – 2005 academies found higher at- ysis raises the possibility that the public to 900 students and that “diseconomies of tendance and lower drop- school capital outlay fund will be dimin- scale” kick in above 900 students because on how graduation rates are measured, out rates than in standard ninth grade pro- ished more quickly under the legislation. of increased costs in bureaucracy, security the state is graduating from 55 to 66 per- grams, and more students advanced to the But Nathan said the LFC analysis does not and transportation (see chart). cent of students, said Fred Nathan, Think 10th grade. take the cost-saving aspects of the amend- As of 2007, more than two-thirds of NM’s executive director. Tom Graham, principal of Griegos Ele- ed bill into account, such as the shift from a New Mexico ninth graders entered high “We’re going to need jobs in New Mexico mentary in Albuquerque, said his school’s 25 percent incentive to 10 percent. schools with populations larger than in the next decade, and two-thirds will re- smaller size has been a key reason why it 1,000, according to Think NM. Depending quire a college degree,” Nathan said. has performed so well academically. mkamerick@bizjournals.com | 505.348.8323 When you’re trying to UPCOMING FOCUS SECTIONS Your focus reach out to a certain industry, there’s no Feb 25 Technology Lists: Biotechnology Companies / Optics Companies is our better way to get your message in front of Focus Mar Accounting that industry’s leaders and decision makers 4 Lists: Accounting Firms / NM Publicly-Traded Companies than to advertise in New Mexico Business Mar Energy Weekly’s Focus sections. 11 Lists: Utility Companies and Cooperatives FOR MORE ADVERTISING Pam Gutierrez Rebecca Lynch Senior Advertising Executive / Senior Advertising INFORMATION, PLEASE CONTACT: Marketing Liaison Executive 348-8312 348-8304
  • 5. FEBRUARY 18-24, 2011 | NEW MEXICO BUSINESS WEEKLY newmexico.bizjournals.com 5 Grant from Presbyterian Health Plan helps Roswell physicians go electronic BY DENNIS DOMRZALSKI | NMBW STAFF office, I’ll see you now and that’s it.’” Batey says electronic medical records Dr. Karen Carson and the seven other allow the doctors at BCA to do things like pediatric doctors at BCA Medical Associ- printing a list of all their asthma patients ates in Roswell now know quickly when to see what care they need. That’s more the children they treat go to an emergency efficient than looking through thousands room, and how many of of paper files that are organized alphabeti- their patients need certain cally for each asthma patient. shots and medications. “It’s better than relying on sticky notes,” They can use that infor- Batey adds. mation to help patients Carson, a BCA vice president, says the avoid costly emergency EMRs, which became operational in Oc- room visits. tober 2010, have allowed her and the BCA, which cares for 80 practice’s other doctors to track patients’ percent of the children on Batey emergency room visits. If a patient uses Medicaid in the Roswell an emergency room, the health plan pays area, can track these things because it has developed an electronic medical records program (EMR) with the help of a $70,000 for it and shares that information with the practice, Carson says. Before, Carson and her colleagues didn’t know if a patient vis- It’s more than a walk grant from the Albuquerque-based Presby- terian Health Plan. “We’re now able to track what we call ited an emergency room unless that patient told them. BCA has spent the $70,000 on new computers, software and staff train- in the park. ‘frequent flyers,’ those who overuse emer- ing on how to use EMRs, Carson says. gency rooms,” Carson says. “We can bring So far, the 400,000-member Presbyte- When it comes to banking, Albuquerque them in for visits, make sure they get their rian Health Plan has made the grants for comes to New Mexico Bank & Trust. checkups on time and decrease the usage EMRs and medical home programs to the of emergency rooms.” University of New Mexico Medical Group; The grant to BCA is one of five that First Choice, a group of clinics in Albuquer- “As a family owned business, we carry an Presbyterian has made to medical groups que; Presbyterian Medical Group, the doc- in the past year. The grants for EMRs and tors and providers employed by the health extensive inventory of high-end fitness for medical practices to become “medical plan; and Presbyterian Medical Services, equipment in our store and warehouse. homes” for their patients were mandated a statewide network of health centers in by the state Legislature in 2009 for the rural communities that is not connected Customers range from individuals to state’s Medicaid insurers, including Pres- to Presbyterian Health Plan. The Business fitness centers, police departments, byterian. Weekly tried to reach other Medicaid insur- Medical homes are practices that oversee ers for this report, but was unsuccessful. schools and more. New Mexico Bank all of a patient’s medical needs. They’re Batey says the grant to BCA made sense & Trust has been with us for years much like old-fashioned family doctors, because its doctors comprise 80 percent but they use EMRs to ensure that patients of the pediatricians in the Roswell area. now. When we need to expand or get timely checkups and care. Grants to other rural medical practices also grow our inventory, the bank has “The idea is that each patient and the pa- make sense, he adds, because about half tient’s family have a personal relationship of Presbyterian Health Plan’s members supported us every step of the way. with their physician,” says Dr. Dennis Bat- live outside the Albuquerque metropolitan They are extremely competitive with ey, president of Presbyterian Health Plan. area. rates and immediately responsive “Their care is coordinated and integrated. It’s not just, ‘It’s Wednesday, you’re in my dfdomrzalski@bizjournals.com | 505.348.8306 to my questions.” a condition that was previously diagnosed, Jay Weingardt NM Software offers patients often want the reassurance that The Fitness Superstore™ comes with a another professional review online second opinions of an initial determination.” NM Software will tap its current online from health care pros network of specialists who read teleradi- New Mexico Bank & Trust helps local businesses succeed with products and ology images remotely for the company. BY KEVIN ROBINSON-AVILA | NMBW SENIOR REPORTER Through the company’s XR-Express ser- services that fit their needs. We’re a vice, physicians can read X-rays, CT scans, Getting a second opinion from doctors ultra-sounds, EKGs and more from any- community bank for all walks of life. 40696-01 | 09-01-10 is just an e-mail away, thanks to a new where. service that New Mexico Software Inc. The second-opinion service will be a self- launched Feb. 16. pay system, since most insurance compa- The Albuquerque company, which pro- nies do not provide for second-opinion re- vides Web-based medical and general busi- imbursement, Govatski said. ness systems software, will offer second- “We will accept a valid credit card for the opinion teleradiology interpretation for service,” he said. “In addition to providing customers. a written opinion and findings, consulta- The service can be provided to anyone tion with the reviewing doctors may also with digital files, said President and CEO be arranged.” Dick Govatski. NM Software (OTCBB: NMXC) formed “There is a solid market for patients and in 1995. It began trading on the Bulletin www.NMB-T.com | 505.830.8100 their families who want a second opinion Board Exchange in 1999. about their medical issues,” Govatski said in a news release. “Even if just to confirm krobinson-avila@bizjournals.com | 505.348.8302
  • 6. 6 newmexico.bizjournals.com NEW MEXICO BUSINESS WEEKLY | FEBRUARY 18-24, 2011 WEEK IN Integrity employees will continue work- ing for TIG, said Glenn Perkal, Integrity bucadibeppo.com REVIEW KEEP UP WITH BUSINESS NEWS AS IT BREAKS: founder and co-owner, who will become the business development manager of the newly merged company. NEWMEXICO.BIZJOURNALS.COM “This acquisition provides more resourc- es for our team at Integrity,” Perkal said in a news release. REDW headquarters “TIG has a very strong team in Albuquer- que and the Integrity staff looks forward to breaks ground in March becoming an effective part of that team, and to building an even better future for REDW Business and Financial Resourc- our customers and vendors.” es LLC will break ground in March on a TIG President and CEO Bruce Geier said 45,000-square-foot corporate headquar- the acquisition helps TIG dig deeper into re- ters at the corner of Jefferson Street and gional markets. Masthead Street. “The addition of Integrity greatly ex- Bring them to Buca... or Bring Buca to them! The accounting firm signed a lease with Titan Development, which is developing pands TIG’s presence in the New Mexico and Arizona regions, and the acquisition the project. adds personnel and contracts with com- REDW’s new home initially will ac- panies and in marketplaces where TIG was commodate 150 employees, but it has not previously involved,” Geier said. been designed for growth and expansion. Buca di Beppo is your answer to one fabulous group dining The two-story, Southwest contemporary, experience. Our staff will organize and plan your events with build-to-suit headquarters is being built to Boeing, Fluor plan bid to achieve LEED Silver certification standards, one of our family-style banquet packages. Our Italian specialties complete with solar photovoltaic panels run Sandia are also available in Extra Large Party Pans To Go. that produce 78 kilowatts of power. (LEED — Leadership in Energy and Environmen- The Boeing Co. and Fluor Corp. hope to tal Design — is a U.S. Green Building Coun- replace Lockheed Martin Corp. as manager cil standard.) and operator of Sandia National Laborato- “It’s a great time to build. We are capital- ries. izing on low interest rates, low construction Lockheed’s contract expires in Septem- costs and the city of Albuquerque’s impact ber 2012. It has operated Sandia for the fee waiver,” said Ron Rivera, REDW’s man- U.S. Department of Energy’s National Nu- aging principal. clear Security Administration since 1993. ALBUQUERQUE “It’s a positive sign that New Mexico The lab has a $2.5 billion annual operat- businesses can expand, even in a recover- ing budget, including installations in Albu- ing economy.” querque and in Livermore, Calif. REDW acquired nearly three acres last The DOE has not said if it will hold a year in the Journal Center corridor and competitive bid. But Boeing and Fluor will hopes to be in the new building by October. pursue a contract as a team if a bidding It now leases 30,000 square feet at 6401 process does open, said Boeing Defense and Jefferson St. NE. The company has con- Government Services Vice President Greg sistently been among the three largest ac- Deiter in a news release. “I HEARD IT WAS A SNOW DAY. counting firms in the state. “The Boeing Co. has a long history of “Everyone involved in this project, from managing large-scale research and devel- WHICH TURNED INTO A GO ANYWHERE DAY.” the architects and the [financiers] to the opment programs,” Deiter said. contractors, are local business owners,” “We will draw on that experience to offer said Drew Dolan, director of development innovative approaches to meet the NNSA’s at Titan. “This is a great example of how lo- objectives of strengthening performance cal businesses working together can create on national security missions, reducing jobs and contribute to our local economy.” costs and supporting operations as an inte- Titan is among the Duke City’s leading grated nuclear security enterprise.” developers and has been active in the Jour- Chicago-based Boeing has worked on nal Center development for more than a contracts with Sandia for decades. If DOE decade. opens the contract to new bids, the Defense Paul Sowards and Joe Sierra of Century and Government Services division of the Bank agreed to provide the financing. DSS division would partner with Fluor to Albuquerque architectural firm Dekker/ manage the Sandia contract. Boeing em- Perich/Sabatini, interior architects SMPC, ploys about 450 in New Mexico. general contractor Reid & Associates and Fluor is a global provider of engineering, civil engineers Bohannon Huston Inc. are procurement, construction, commission- working on the project. ing, operations, maintenance and project management services. Texas-based Fluor is a longtime DOE con- TIG acquires Integrity tractor, managing services for the DOE at facilities at Savannah River in South Caro- Networking Systems lina, Hanford in Washington, and Ports- mouth in Piketon, Ohio. The company re- The Technology Integration Group has ported $22 billion in revenue in 2009. Go beyond in a 2011 Land Rover LR4. Test drive one today. acquired the contracts and assets of Integ- Fluor Government Group Senior Vice rity Networking Systems Inc. in Albuquer- President Greg Meyer said the DOE could que. benefit from the joint capabilities offered by Integrity, founded in 1992, is a computer Fluor and Boeing. Land Rover Albuquerque Land Rover Santa Fe systems integrator with offices in New Mex- “We believe that the complementary Alameda just west of I-25 Across from the Auto Park ico and Arizona. resources and skill sets of two world-class 505.797.3600 505.474.0888 TIG, formed in 1981, is a systems inte- companies like Fluor and Boeing offer the www.rover4x4.com www.santafe4x4.com grator based in San Diego, with offices in 19 NNSA an extremely compelling value other U.S. cities and in Shanghai, China. proposition,” Meyer said.
  • 7. FEBRUARY 18-24, 2011 | NEW MEXICO BUSINESS WEEKLY newmexico.bizjournals.com 7 Benefits of Obama’s budget request could be outweighed by tax hikes N E W M E X I C O’S President Barack Obama’s $3.7 trillion cific industries. budget request for next year is a mixed bag Most small businesses don’t pay corpo- for the business community. rate taxes. Their profits flow through to Despite a five-year freeze on non-security their owners and are subject to individual discretionary spending, the federal govern- income taxes. Wealthier small business ment would still run a $1.1 trillion deficit owners would face higher taxes under ENGINEERING in fiscal 2012 under the Obama’s plan. The president wants to let president’s plan. Defi- income tax rates go up in 2013 for fami- THE FUTURE cits in succeeding years lies that make $250,000 or more. Family- TOGETHER would be lower, but the owned businesses could face higher estate budget plan doesn’t ad- taxes. The president thinks the 35 percent dress the nation’s long- rate in effect for the next two years is too The 22nd Annual term structural debt low. and the huge amount “While I had to accept these measures UNM Anderson School of of interest that will be for two more years as part of a compromise Management Hall of Fame owed on it. Many econo- KENT HOOVER that prevented a large tax increase on mid- mists, including Federal WASHINGTON BUREAU CHIEF dle-class families and secured job-creating Reserve Chairman Ben support for our economy, these policies Tuesday, March 8, 2011 Bernanke, say a plan to address this prob- were unfair and unaffordable when enact- Embassy Suites Hotel lem needs to be agreed on soon or the fed- ed and remain so today,” Obama said. eral government, as well as businesses, will The president’s plan also would partially Cocktails - Cash Bar 6:00 p.m. face much higher interest rates. revive a paperwork burden on small busi- Dinner and Induction Ceremony 7:00 p.m. Some industries would benefit from the nesses created by health care reform. That Tickets: Tables of 8 $1,000 / Individuals $100 president’s budget. Obama’s proposal to law requires businesses that pay $600 or immediately spend $50 billion to upgrade more a year to any other business to file Please RSVP by February 28, 2011 at www.mgt.unm.edu/HOF the nation’s transportation infrastructure a 1099 report with the Internal Revenue would result in more jobs for the hard-hit Service beginning in 2012. That’s a ma- For more information: Natalie Mead - nmead60@unm.edu construction industry. jor expansion of current 1099 reporting “It is encouraging to see that the presi- requirements, which now apply only to dent appreciates the difference between payments to unincorporated service pro- EVENT SPONSORS wasteful spending and essential transpor- viders. tation investments needed to boost overall After small businesses complained economic growth and protect Americans that this provision would create a paper- from later, larger fiscal liabilities,” said work nightmare, Democrats — including Stephen Sandherr, CEO of the Associated Obama — agreed with Republicans that it General Contractors of America. needed to be repealed. The Senate passed These gains for the construction industry legislation repealing the provision Feb. 2, would be partially offset, however, by re- and the House is expected to follow suit in duced federal spending on water projects, the next few weeks. airport improvements and federal building The president’s budget plan, however, maintenance. would expand the 1099 reporting require- The renewable energy industry would ment to payments made to corporations benefit from tax incentives and increased for services. spending on federal research. The budget Obama is guilty of pulling a “a bait-and- encourages innovation in general by call- switch on the 1099 reporting provision,” ing for a permanent, more robust tax credit said Susan Eckerly, senior vice president for research and development. of the National Federation of Independent Plus, Obama proposed a permanent ex- Business. tension of a tax break that’s designed to encourage investment in small businesses. Congress unlikely to back plan Under this proposal, investors who buy Businesses that don’t like the president’s stock in small corporations and hold it for tax proposals can take solace in the fact five years would not have to pay capital that they “likely are going nowhere,” said gains taxes when they sell the stock. Clint Stretch, managing principal of De- loitte Tax LLP. Targeted: oil, multinationals, wealthy Congress this year will focus on spending Many businesses, however, would see cuts, not taxes, he said. higher taxes. The president wants to raise Dean Zerbe, national managing director $46 billion over the next 10 years by elimi- of alliantgroup LP, agrees. nating 12 tax breaks for oil, gas and coal “It is difficult to see much if any day- companies. This would increase energy light for the tax increases to be passed in costs, said Dorothy Coleman, senior vice this Congress,” said Zerbe, who was senior president of the National Association of counsel to the Senate Finance Committee Manufacturers. That’s a problem for man- before joining alliantgroup, a provider of ufacturers, since they consume one-third specialty tax services. “Most of the pro- of the nation’s energy. posed tax increases are old and cold and U.S.-based multinational corporations were rejected by the Congress when the also would face higher taxes on income Democrats ran everything. Hard to imag- earned abroad. The budget plan calls for ine the Republican House being for a tax reducing the corporate tax rate to make increase that the Democrats couldn’t sup- U.S. companies more competitive with port.” their global counterparts, but that’s tied to elimination of tax breaks that benefit spe- khoover@bizjournals.com | 703.258.0845