Sandra Watson Archives

College Football Playoff has $273.6M economic impact

football

The 2016 College Football Playoff (CFP) National Championship generated $273.6 million in economic impact, highest among Arizona’s eight college football title games, according to a study by the L. William Seidman Research Institute at Arizona State University’s W.P. Carey School of Business. An estimated 65,401 visitors came to Arizona for the 2016 College Football Playoff… Read More →

Orbital ATK will expand operations in Gilbert, add jobs

orbital

Arizona Gov. Doug Ducey and Orbital ATK, one of the Valley’s leading aerospace and defense technology firms, announced, Friday, the expansion of the company’s engineering operations in Gilbert. The expansion will add 60,000 square feet to the site that includes Orbital ATK’s Satellite Manufacturing Facility, one of the largest and most advanced spacecraft assembly and… Read More →

CEOs say education is Arizona’s No. 1 business challenge

Scottsdale Charros

In a first-of-its-kind survey of Arizona-based businesses about the state’s overall business climate, findings show that the number one business issue in the state is education, and that the number one priority for local and state governments should be increasing K-12 public funding. The concern around education as it applies to job readiness was underscored through… Read More →

Census report shows record year for Arizona exports

Ducey

Preliminary data released this morning by the U.S. Census Bureau notes that Arizona’s 2015 exports were $22.56 billion, representing Arizona’s largest export year in recorded history. Additionally, Arizona exports were 6.2 percent higher than 2014, making it the 4th fastest growing export economy in the U.S. “These impressive trade figures are further evidence that Arizona is… Read More →

ACA announces Innovation Challenge winners

Vixxo

The Arizona Commerce Authority (ACA) has named six innovative early-stage companies as winners in the Fall 2015 round of the Arizona Innovation Challenge (AIC), its bi-annual business plan competition. “The Arizona Commerce Authority is proud to provide ongoing support to our state’s vibrant entrepreneurial ecosystem,” said Sandra Watson, Arizona Commerce Authority President and CEO. “Advancing… Read More →

ACA announces Fall Innovation Challenge finalists

Self-Service Technologies, Technology

The Fall 2015 round of the Arizona Innovation Challenge (AIC) continues as the Arizona Commerce Authority (ACA) today announced 10 finalists in its bi-annual business plan competition. The ACA provides $3 million in grants annually – $1.5 million in the spring and $1.5 million in the fall – to the most qualified, innovative startups and… Read More →

Canadians help heat up Arizona economy

Icefields Parkway, Banff; Jasper National Parks, Alberta, Canada
by in AZ Business Magazine | Economy | Featured

Canadians love escaping the cold and traveling south to soak up the Arizona sun, but Arizona is becoming more than just a vacation destination for Canadians. Arizona’s economic climate offers Canadian companies a great place to enter the U.S. market, and Canadian companies are taking advantage of Arizona’s favorable business climate. More than 350 Canadian… Read More →

Arizona Commerce Authority leads promotion initiative

Phoenix Sky Harbor, Economic Impact

The Arizona Commerce Authority (ACA) is launching a statewide promotion development project aimed at creating a fresh and unified message to enhance Arizona economic development and tourism, and encourage civic pride. The project – led by the ACA – will be a grassroots, public effort and engage leaders and Arizona citizens from all corners of the… Read More →

Hundreds of healthcare jobs added to Arizona labor market

healthcare

Arizona’s healthcare sector has grown faster than the national average in the past year, and HealthPlanOne’s recent announcement to add hundreds of new jobs with its new Gilbert facility continues this trend in the Valley. One in every five jobs added in the state over the past year was in healthcare. The HPOne Gilbert facility… Read More →

ACA announces spring Innovation Challenge winners

Self-Service Technologies, Technology

The Spring 2015 round of the Arizona Innovation Challenge culminated today as the Arizona Commerce Authority (ACA) announced the six winning companies. These grant recipients represent early-stage Arizona companies that are creating innovative technological solutions with the potential for significant economic impact.  The Spring 2015 Arizona Innovation Challenge Grant Recipients are: • CampusLogic – Gilbert, AZ… Read More →

Mt. Baker Vapor relocates to Mesa

vaping

Mt. Baker Vapor has officially announced their plans to relocate their operations from Bellingham, Wash. to Mesa after the introduction of legislation seeking taxation on the sale of their products, ultimately impacting Mt. Baker Vapor’s operations. Founded in March 2011, Mt. Baker Vapor has grown rapidly alongside the burgeoning vaping movement. They have the distinction… Read More →

REI to open 400KSF distribution center on Loop 303

REI Goodyear Distribution Center

Seattle-based REI, a leading outdoor retailer, has announced it will open a 400,000-square-foot distribution center creating more than 100 new jobs in the West Valley – becoming the third tenant along the newly-opened Loop 303 in Goodyear. REI offers its members and customers outdoor gear and apparel for activities such as for hiking, biking and… Read More →

Phoenix Forward launched to spark business growth

Phoenix Mayor Greg Stanton talks about Phoenix Forward, which will help with business retention and expansion.

Officials said local business expansion makes up 80 percent of new jobs. Phoenix leaders plan to help facilitate that growth and support business needs through the Phoenix Forward initiative, which launched Wednesday. The initiative is a partnership between the Phoenix Chamber of Commerce, the city of Phoenix, the Arizona Commerce Authority and Maricopa County. Phoenix Forward… Read More →

Northern Trust to expand at Discovery Business Campus

Northern Trust at Discovery Business Campus, rendering credit to DAVIS

Seeking to meet long-term global growth needs and expected demand for services, Northern Trust announced plans to expand in Arizona by opening a new operating center in Tempe. The center – expected to open in mid-2015 and grow to 1,000 full-time employees over the next three years – will provide multiple financial business and banking… Read More →