#9 Arizona
7.24 out of 10 in Taxation and Regulation
7.03 out of 10 in Workforce Quality
7.89 out of 10 in Living Environment
Right to Work? ✓
State Profile
Arizona and Baja California signed a memorandum of understanding designed to contribute to the strengthening of the cross-border supply chain in key industry sectors and medical tourism between the two neighboring states. Arizona Gov. Doug Ducey also recently signed legislation that extends the incentives to data center companies that make major investments in their computer and telecommunication operations within the Grand Canyon State.
Key Industries
Advanced Manufacturing, Advanced Business Services, Aerospace & Defense, Bioscience & Health Care, Technology & Innovation
Key Companies
Avnet
Insight
Raytheon Missile Systems
Freeport MacMoRan
Banner Health
First Solar
Go Daddy
Infusionsoft
Carlisle Companies
LifeLock (recently acquired by Symantec)
Axon (formerly Taser, recently changed name)
Microchip Technology
ON Semiconductor
Caterpillar (Surface Mining & Technology Division)
Key Contacts
Arizona Commerce Authority
Sandra Watson
602-845-1200
118 N. 7th Ave Suite 400
Phoenix, Arizona 85007
sandraw@azcommerce.com
http://www.azcommerce.com/
CEO Comments
“Arizona passed an excessive minimum wage hike of almost 20% increase in 2016, which is very bad for business and ultimately the consumer. Now there is a sentiment of regret. There must be a better way to educate voters on both sides of the issues before propositions are passed by uneducated voters.”
Current Developments
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CEO CONFIDENCE INDEX
CEO Optimism Slips In May On Supply Concerns, Washington Worries
Chief Executive’s latest poll of U.S. CEOs finds that across sectors, sizes and states, unresolved supply chain issues, increasing raw material and labor costs, and looming tax increases are inhibiting CEO enthusiasm.