NM Consortium reports 20 jobs created

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The New Mexico Consortium reported that it has created 20 new jobs since it received a major economic development grant from Los Alamos County in March of 2012.
The NMC, Los Alamos County, and Los Alamos National Laboratory jointly recruited Dr. Richard Sayre and his team to Los Alamos in 2011. Los Alamos County contributed $2.6 million to the effort through the New Mexico Local Economic Development Act.
The grant supports the construction of the NMC biological research facility now being built in the Entrada Business Park near the Holiday Inn Express and the Los Alamos Co-op Market. Los Alamos National Bank provided $6 million in financing for the project.
Sayre and his team will be the initial occupants of the building. Sayre’s research program is the cornerstone of a joint LANL/NMC plant biology initiative involving researchers from universities, NMC, LANL and industry.
Sayre is a leading researcher in algae and plant cell metabolism. His research is an area of national and international competition and has tremendous commercial potential. Sayre, who holds a joint appointment with NMC and LANL, has helped lead research consortiums and programs totaling $45 million since 2005. Sayre brought $3 million in research programs to Los Alamos.

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