Arizona’s record-breaking economic development has positioned the state as a national leader in semiconductors, advanced manufacturing, technology, healthcare and aerospace. But the 50 Most Powerful Business Leaders in Arizona for 2026 say sustaining that momentum will require more than landing the next blockbuster project. Arizona’s greatest opportunities may come from strengthening the foundation supporting its growth. From education and workforce development to healthcare access, financial well-being, water and critical infrastructure, these influential leaders are focused on investments that can create lasting prosperity. Their insights reveal what Arizona must prioritize today to remain competitive, resilient and economically powerful for generations to come. Here are the 50 Most Powerful Business Leaders in Arizona for 2026, as selected by the editorial board for Az Business magazine in consultation with Arizona business leaders from a cross-section of industries that are driving Arizona’s economy:
Jack Azagury, Insight Enterprises: Azagury leads one of Arizona’s most prominent technology companies at a pivotal moment when AI and digital transformation are reshaping how businesses operate.
R. Chapin Bell, P.B. Bell: Bell’s leadership of P.B. Bell gives him significant influence over multifamily development, investment and the communities taking shape across Metro Phoenix.
Mike Boden, president and CEO, OneAZ Credit Union
Background: Boden is the CEO of OneAZ Credit Union, where he leads the organization’s mission to improve the lives of members, associates, and communities across Arizona through personalized financial solutions. With more than 30 years of financial services experience, including over a decade at OneAZ, Boden previously served as CFO, overseeing finance, accounting, risk management, and facilities. Before joining OneAZ, he spent 20 years at American Express in senior leadership roles. Boden earned an MBA from Arizona State University, a bachelor’s degree from Brigham Young University, and is a Certified Public Accountant and Certified Credit Union Investment Professional.
Defining moment: “Early in my career, a leader took time to teach me and help me understand the bigger picture. Later, I had a leader who trusted me to make meaningful contributions to the organization’s future. Those experiences shaped my commitment to develop others, provide context, and give people opportunities to make a difference.”
Defining success: “Today, I define success by the positive impact we have on the people we serve. If our associates feel supported and empowered to grow, they’ll create exceptional experiences for our members. When our members achieve greater financial well-being, they’re able to build stronger futures for themselves and their families. Success isn’t measured only by financial performance; it’s measured by the lasting difference we make in the lives of associates, members, families, and the communities we proudly serve across Arizona.”
Legacy: “I hope to leave Arizona stronger than I found it by helping build a financial institution that people trust for generations. My goal is for OneAZ to be known not only for financial strength, but for improving lives by creating opportunities for associates to grow, helping members achieve their financial goals, and investing in communities across our state. If we’ve helped more Arizonans build brighter futures, that’s a legacy worth leaving.”
Dan Bueschel, Modigent: Bueschel drives the strategy and growth of Phoenix-based Modigent, leveraging decades of executive experience to advance smarter, more sustainable building solutions.
Latasha Causey, president, Phoenix Raceway
Background: Causey is the president of NASCAR’s Phoenix Raceway, overseeing the promotion and operation of the modernized facility that is a top motorsports and entertainment destination in the Phoenix market. She is the first African-American female to hold this role in NASCAR’s history. Causey is a Phoenix native and grew up in West Valley. Causey is a graduate of Arizona State University and a well-known leader in the Valley with a vast knowledge of professional sports and community development. She is very active in the Phoenix community and is currently the board chair for the Boys and Girls Clubs of the Valley and the chair of the board for the Valley of the Sun United Way.
Arizona opportunities: “Arizona continuously grows each day; people are moving in at faster rates than ever before… I think sometimes we forget to slow down long enough to take the cup of coffee, the lunch, the zoom meeting with someone new. How do you welcome them to the community, how do you learn from them and what they bring. We sometimes take for granted that it takes ALL of us to collectively make our communities a better place, that means our business growth and our nonprofit partners. Say yes to the meeting, you’ll be surprised how much impact can happen just from a 15-minute conversation.”
Defining success: “Success to me means being blessed to be able to wake up each day with joy and a sense of calmness that allows me the ability to get through each day no matter what comes my way.”
Lasting impact: “As a leader it is important for me to ensure those around me know the value of giving back, especially my sons. I want my legacy to live on through my kids, I want them to know that it takes nothing to be kind to others and showing up for their community is not work, it’s a way of life. Nothing would make me happier than to have any of the work I’ve done or the impact I’ve had outlive me and shine through my kids and one day their kids.”
Alec Clark, Plexus Worldwide: As founder and president of Plexus Worldwide, Clark has helped build a Scottsdale-based health and wellness company with an expansive entrepreneurial network.
Wendy Cohen, Kitchell: Cohen leads one of Arizona’s most recognizable construction and development organizations, helping shape major healthcare, education and commercial projects across the region.
Mimi Coomler, president and CEO, TMC Health
Background: Coomler is president and CEO of TMC Health, an integrated health system serving Southern Arizona. A registered nurse with a master’s degree in health administration, she brings a unique perspective that combines clinical expertise with strategic leadership. During her more than 20-year career with TMC Health, Coomler has held several executive leadership roles, including CEO of Tucson Medical Center, chief operating officer and chief nursing officer. Her experience as the parent of a child with Type 1 diabetes deepened her understanding of the patient and family experience and reinforced her commitment to compassionate, connected care. Today, she leads with a focus on quality, innovation, access and improving community health.
Defining moment: “A defining moment in my career came when I was an ICU nurse caring for a patient at the end of his life. His wife shared that after more than 38 years of marriage, they had rarely spent a night apart. My colleagues and I rearranged the room so she could spend one final night beside him. That experience taught me that while excellence and innovation matter, leadership is ultimately about people. The most meaningful impact often comes from empathy, compassion and the willingness to make a difference in someone’s life. That lesson continues to guide how I lead today.”
Arizona opportunities: “Arizona has an opportunity to rethink how healthcare is delivered by meeting people where they are. For too many families, getting care can mean long drives or overcoming unnecessary barriers. By bringing expert, compassionate care closer to home and investing in our communities, we can make it easier for people to get the care they need, improve outcomes and build healthier communities across Arizona.”
Defining success: “Success today is measured by people, not titles. It’s seeing patients receive exceptional care, watching employees grow into new opportunities and knowing we’ve made a positive difference in our communities. When people feel valued, supported and connected to a shared purpose, great things happen.”
Lasting legacy: “I hope my legacy is building something that endures- a culture where people feel valued, supported and inspired to make a difference, and a healthcare system that continues to evolve to meet the needs of the communities it serves.”
Michael Crow, Arizona State University: Crow’s transformative leadership of ASU has made the university a powerful engine for innovation, workforce development, research and economic growth in Arizona.
Kevin Engel, Amkor Technology: Engel leads Tempe-based Amkor as it expands advanced semiconductor packaging in Arizona and strengthens the state’s position in the global chip ecosystem.
Mary Fedewa, STORE Capital: Fedewa’s leadership of STORE Capital places her at the helm of a major Scottsdale-based real estate investment company with a substantial national footprint.
Sam Fox, Fox Restaurant Concepts: Fox has turned Arizona-born restaurant innovation into a national success story while helping elevate Phoenix’s reputation as a serious culinary destination. He is the founder of Fox Restaurant Concepts and Author & Edit Hospitality (the company that owns and operates The Global Ambassador and The Twelve Thirty Club).
Phil Gallagher, Avnet: Gallagher leads one of Arizona’s largest public companies, giving him global influence in technology distribution and the rapidly evolving electronics supply chain.
Ernest Garcia II, DriveTime/Carvana: Garcia’s automotive holdings and major stake in Carvana have made him one of Arizona’s most consequential entrepreneurs and business investors.
Ted Geisler, Arizona Public Service: Geisler leads Arizona’s largest electric utility at a critical moment when explosive growth, data centers and advanced manufacturing are transforming energy demand.
John Graham, Sunbelt Holdings: Graham has spent decades shaping Arizona’s built environment through landmark master-planned communities and major real estate developments.
David Greene, R3 Stem Cell: Greene has built R3 Stem Cell into a growing regenerative medicine enterprise, expanding Arizona’s presence in the evolving biotechnology and healthcare sectors.
Richard Gray, Mayo Clinic Arizona: Gray helps guide one of Arizona’s most prestigious healthcare institutions as Mayo Clinic expands its clinical, research and innovation footprint in Phoenix.
Sharon Harper, Plaza Companies: Harper has been a driving force behind some of Arizona’s most significant healthcare, bioscience and real estate developments while championing economic development.
Katie Haydon, Haydon: Haydon’s leadership of one of Arizona’s prominent contractors gives her an influential role in building the infrastructure and communities supporting the state’s growth.
Craig Henig, Mack Real Estate Group: Henig helps direct major real estate investment and development strategies that are reshaping high-growth areas across Metro Phoenix.
Joseph M. Hogan, Align Technology: Hogan leads the global medical technology powerhouse behind Invisalign, reinforcing Tempe’s position as a hub for healthcare innovation and high-value jobs.
Anthony Houston, CommonSpirit Health: Houston’s leadership gives him a major voice in Arizona healthcare as CommonSpirit works to expand access, quality and services for a rapidly growing population.
Susanne (‘Susie’) Ingold, president and shareholder, Burch & Cracchiolo
Background: Ingold, president and shareholder of Burch & Cracchiolo, PA, specializes in employment law and business litigation and has worked for her firm for 27 years. As president, Ingold is the first woman to lead the 56-year-old law firm. She regularly advises clients regarding issues of workplace discrimination, employer policies, employment litigation and compliance with state and federal labor and employment laws. As an experienced litigator and trial lawyer, Ingold has successfully represented corporations, businesses, employers, executives and management, including throughout Arizona’s state and federal courts. With a strong focus on helping employers navigate complex employment laws, she combines her extensive litigation experience with practical compliance strategies to foster healthy workplace environments.
Defining moment: “Believe it or not, one of the most impactful moments that shaped my road to success happened in high school right here in Phoenix. As a senior, I ran for student body president against a very well-known, popular opponent. Once the election process got underway, I realized what a risk I was taking and I wanted to back out, quit. My mom, Diane Ingold, encouraged me to take it on and she even helped with my pitch, even though I wanted to back out. I ended up being elected and since that time, whenever I’m faced with risk (which happens often), I take it on with belief and focus.”
Defining success: “My definition of success today is a combination of objective and subjective components, where you are able to set, work toward, and achieve professional goals while prioritizing your own personal satisfaction and knowledge that your daily life reflects your actual values. Success to me reflects a very winding path requiring you to adjust and adapt when faced with interim failures — true success doesn’t happen without failures.”
Lasting legacy: “I’m an Arizona native and growing up, I was surrounded by women leaders — both professionally and personally — who led by example and inspired me. If I leave any legacy, my hope is that as a leader and professional I’ve inspired others by leading by example, fostering equity, and helping to create opportunities that empower future generations.”
Matt Johnson, Sunland Asphalt & Construction: Johnson leads a major Arizona construction company whose work on transportation and infrastructure helps keep the state’s booming economy moving.
Heather Kane, UnitedHealthcare: Kane’s leadership gives her significant influence over healthcare access, affordability and delivery in one of the nation’s fastest-growing states.
Pam Kehaly, president and CEO, Blue Cross Blue Shield of Arizona
Background: Kehaly is president and chief executive officer of Blue Cross Blue Shield of Arizona (AZ Blue), where she leads the organization’s mission to inspire health and make it easy. A dynamic and visionary healthcare leader, Kehaly is known for combining strategic innovation with a deep commitment to the people and communities AZ Blue serves. Under her leadership, AZ Blue has expanded access to care, introduced innovative healthcare solutions, and strengthened its investment in Arizona’s health and well-being. Kehaly is recognized for making bold moves that improve the healthcare experience for members, patients, and providers while balancing the needs of today.
Defining moment: “Early in my career, I was contacted by a member who was frustrated and overwhelmed by medical bills and collection notices. He was struggling to understand what his insurance had paid and what he was personally responsible for. I spent several days reviewing and reconciling the bills, helping him make sense of the charges and contacting providers to pause collection efforts while we worked through the details. Once everything was resolved, he called me a few months later to thank me. During that conversation, he shared that his wife had passed away. He explained that the time and support I provided allowed him to spend less time navigating billing issues and more quality time with his wife during her final months. It was at that moment that I recognized a career in health insurance was an opportunity to help people during what could arguably be the most trying times of their lives.”
Advice to younger self: “Prioritize! Recognize that everything is not of equal importance and it is OK to focus on the big rocks and let some of the pebbles go.”
Away from work: “I like to read biographies and take those learnings from real life experience into the business environment.”
Jonathan Keyser, Keyser Commercial Real Estate: Keyser has built an influential commercial real estate firm around a disruptive service model while becoming a prominent voice in Arizona business leadership.
André Kudelski, Kudelski Group: Kudelski leads a global technology company with a significant Arizona presence at the intersection of cybersecurity, digital security and innovation.
Karla R. Lewis, Reliance: Lewis leads a major global metals solutions company, bringing Arizona-based executive influence to manufacturing, construction, aerospace and other critical industries.
Tony Mangat, The Mangat Group: Mangat’s entrepreneurial investments and developments span multiple sectors, giving him an increasingly prominent role in Arizona’s business and real estate landscape.
Andy McCain, Hensley Beverage Company: McCain leads one of Arizona’s most established family-owned companies, with deep influence spanning business, hospitality, sports and community philanthropy.
David A. Moezidis, president and CEO, Benchmark
Background: Moezidis is president and CEO of Benchmark, a global provider of engineering, design and advanced manufacturing services. He leads the company’s strategy, global operations and customer engagement initiatives, driving sustainable growth and operational excellence across the enterprise. Moezidis brings more than 35 years of leadership experience across operations, engineering, sales and marketing in the digital imaging, semiconductor capital equipment and electronic manufacturing services sectors. Before joining Benchmark, he held senior leadership roles at Flex and KLA Corporation. He earned two bachelor of science degrees in engineering, an MBA from Pepperdine University and completed Stanford University’s Executive Management Program.
Defining moment: “Early in my career, I learned that customers rarely remember what you promise, but they always remember whether you deliver. That lesson shaped my leadership philosophy: listen first, simplify complex challenges, empower talented teams, and remain accountable for results.”
Legacy: “I hope to help strengthen Arizona’s reputation as a destination for advanced manufacturing, engineering excellence and innovation. Just as importantly, I hope to create opportunities for the next generation of engineers, technologists and business leaders to build meaningful careers here without having to leave the state in pursuit of world-class opportunities.”
Jay McKee, Lessen: McKee has built Scottsdale-based Lessen into an influential technology-enabled real estate services company with a rapidly expanding national reach.
Keith Mishkin, Cambridge Properties: Mishkin’s decades of real estate leadership have helped drive residential development and investment across some of Arizona’s fastest-growing communities.
James Murphy, CEO, Willmeng Construction
Background: As CEO of Willmeng Construction for the past 19 years, Murphy has guided the firm to become one of the largest privately owned general contractors in Arizona. He earned a B.S. in construction management from Arizona State University’s Del E. Webb School of Construction and a master’s degree from ASU’s School of Engineering and Applied Sciences. Murphy is a trustee and also shares his knowledge as an associate faculty member for ASU. With Murphy’s guidance, Willmeng has expanded its philanthropic efforts, contributing more than $1 million annually and serving more than 130 nonprofit organizations.
Defining success: “Success is seeing people become more than they thought they could be. Buildings eventually become part of the landscape, but the impact you have on people’s lives lasts much longer. Willmeng has created a culture where people are challenged, supported, treated fairly, and inspired to find their genuine place of purpose. The projects and all of the challenges inherent to a successful client outcome are the vehicle for developing people, strengthening communities, and creating opportunities that extend well beyond Willmeng. In the end, we thrive on relationships as this community is experiencing cumulative success at a level that is shaping generations to come.”
Bob Parsons, Parsons Xtreme Golf: Parsons’ entrepreneurial vision, bold investments and transformative philanthropy have created businesses, jobs and community impact that continue shaping Arizona’s economic future.
Amy Perry, Banner Health: Perry leads Arizona’s largest health system, shaping healthcare delivery, workforce development, medical education and technology for a rapidly expanding population.
Michael A. Pollack, Michael A. Pollack Real Estate Investments: Pollack’s visionary redevelopment, five decades of real estate leadership and commitment to revitalizing communities have helped transform Arizona’s commercial landscape and economy.
Jim Pratt, Salt River Project: Pratt leads one of Arizona’s essential power and water providers as unprecedented growth creates enormous new demands for energy, infrastructure and resource planning.
Anita Verma-Lallian, Arizona Land Consulting: Verma-Lallian has emerged as one of Arizona’s most dynamic land investors, capitalizing on growth patterns that are reshaping the Valley’s development landscape.
Kathleen L. Quirk: Freeport-McMoRan: Quirk leads one of the world’s largest publicly traded copper producers, putting her at the center of an industry fundamental to Arizona and the global energy transition.
Brandon B. Rafi, founder and CEO, Rafi Law Group and Rafi Law Services
Background: Rafi is the founder and CEO of Rafi Law Group, one of Arizona’s most recognized personal injury law firms. Since founding the firm in 2015, Rafi has built an organization centered on exceptional client service, strong leadership and a commitment to the community. His impact extends beyond the legal industry through Rafi’s Hope, which supports children and families across Arizona through philanthropy, partnerships and volunteerism. As CEO, Rafi is focused on developing leaders, embracing innovation and building an organization capable of making a meaningful impact for generations.
Defining moment: “Starting Rafi Law Group in 2015 was the defining moment. I went from being responsible for my own work to being responsible for an organization and the people depending on it. That changed how I viewed risk, accountability and leadership, and those lessons still shape how I make decisions today.”
Arizona opportunities: “Arizona has tremendous momentum, but our biggest opportunity is making sure that growth creates opportunity for everyone. Business leaders can play a larger role in strengthening the communities around them. When companies invest their resources, people and influence locally, economic growth can become community progress that lasts for generations.”
Defining success: “My definition of success has changed. Early in my career, success was about building something and proving that it could work. Today, it is about what that success makes possible. Can we create careers for great people? Can we develop the next generation of leaders? Can we help more clients and invest more into our community? I still want to grow and compete at the highest level, but the scoreboard is much bigger now. Success is building something that creates opportunity and impact beyond yourself.”
Lasting legacy: “I hope my legacy is creating something that continues to make Arizona better long after I am gone. I want the leaders we develop, the families we serve and the communities we invest in to create an impact that extends far beyond anything I could accomplish myself. If that impact continues for generations, that is a legacy I would be proud of.”
Molly Ryan Carson, Ryan Companies US: Carson helps steer major development and construction activity across the Southwest, influencing the industrial, office, healthcare and mixed-use projects reshaping Arizona.
Angie Spagnuolo Schmidt, CEO, SDB Contracting Services
Background: With a lifelong connection to the construction industry, Angie Spagnuolo Schmidt officially joined SDB in 2012, continuing a family legacy that spans decades. She started in accounting, learning every aspect of the company’s financial operations. In 2017, following her father’s retirement, Spagnuolo Schmidt took the reins of the company. Founded in 1980 with just a handful of employees, SDB has grown into a respected construction firm built on integrity, quality, and strong client relationships. “Today, I am proud to lead the company while continuing the values and commitment to excellence that have defined SDB for more than four decades,” she says.
Defining success: “Success is about more than business growth or completing projects. It’s measured by the strength of the team we’ve built, the trust we’ve earned from our clients, and the positive impact we leave on our community. I take pride in creating opportunities for our team members to grow, maintaining the values our company was founded on, and ensuring SDB continues to thrive for future generations.”
Edward J. “Joe” Shoen, U-Haul International: Shoen leads one of Arizona’s most recognizable global companies, whose vast moving and storage network gives the Phoenix-based business extraordinary national reach.
Dr. John Shufeldt, Xcellerant Ventures: Shufeldt combines medicine, entrepreneurship and venture investment to launch and support companies capable of disrupting healthcare and other high-growth industries.
Rick Smith, Axon: Smith has transformed Scottsdale-based Axon into a global public-safety technology powerhouse, making him one of Arizona’s most influential technology entrepreneurs.
David Sellers
Founding and managing partner, Creation; founding partner, Creation Capital Management; CEO, LGE Design Build
Background: Sellers is founding and managing partner of Creation, a national commercial real estate development platform with a $5 billion active pipeline across industrial, mixed-use and hospitality assets in six markets; and CEO of LGE Design Build, an award-winning design-build firm and longtime leader in the Southwest commercial market. He is also a founding partner of Creation Capital Management, an emerging institutional fund platform and founder of the David R. Sellers Foundation, which has supported more than 125 charities serving underprivileged and cancer-stricken children. As a three-time Inc. 5000 honoree, Sellers leads teams delivering transformative projects across Arizona, Texas, and Florida.
Defining moment: “Being diagnosed with cancer at 29 and battling/beating that has had a lot to do with how I operate as a leader, how I treat people, how I look at life in general.”
Arizona opportunities: “Arizona and Metro Phoenix in particular are growing and seeing a lot of opportunity. I worry that our utility providers can keep up with this demand and that availability of power in the grid will slow future growth.”
Defining success: “Success is when the team can run without me in the room. I try to give people clear expectations and then the room to own their work, because that is where pride and accountability come from. When someone here takes real ownership of a project and delivers something they are proud of, that matters more to me than the number at the end of it.”
Desire for legacy: “A legacy of incredible projects that are designed, built, and developed in house by teams of equally incredibly talented individuals. Not only will the projects live on, but the companies we have established will hopefully thrive for generations to come.”
Joe Snell, The Chamber of Southern Arizona: Snell brings decades of economic-development leadership to strengthening Southern Arizona’s competitiveness, investment pipeline and business community.
Greg Vogel, founder and chairman, Land Advisors Organization
Background: Vogel is the founder and chairman of Land Advisors Organization, the nation’s largest land brokerage and advisory firm, which has grown to more than 30 markets since its founding in 1987. A nationally recognized expert in land economics, land use and master-planned community development, Vogel has advised financial institutions, investors, homebuilders and major landowners on more than 1,000 transactions, including many of the country’s largest land deals. A respected industry leader and mentor, he also serves in numerous civic and educational leadership roles, helping shape the future of Arizona’s real estate industry and its next generation of professionals.
Legacy: “I founded Land Advisors Organization in Arizona in 1987, when I was 24. Since then, our state has grown by more than 4 million people. I believed in Arizona’s future and am grateful to have helped create many of the Valley’s largest and highest-quality master-planned communities, including Verrado, Estrella, and now Saddleback Ranch. I see these communities — and many others — as part of a legacy of building exceptional places for Arizona. Another legacy I plan to leave is my book on land and Arizona’s history, ‘Land of Legends: The Making of Arizona,’ which will be published this year.”
Tim Storey, Gantry: Storey’s leadership in commercial real estate finance gives him an influential role in connecting capital with major development and investment opportunities throughout Arizona.
Rachelle Strole, Capital Asset Management: Strole has helped build Capital Asset Management into a significant Arizona real estate enterprise, influencing investment, development and property management across the region.
Monica Villalobos, Arizona Hispanic Chamber of Commerce: Villalobos amplifies the economic power of Arizona’s Hispanic business community while influencing policy, entrepreneurship and statewide economic development.
Brad Vynalek, firm president, Quarles & Brady
Background: Vynalek advises on strategy, exposure and enterprise opportunity for clients ranging from local startups to iconic brands to Fortune 500 companies. An award-winning leader, connector and problem solver, Vynalek brings highly detailed knowledge of the talent and resources at Quarles to address the discrete needs of clients. Practicing as a litigator for 21 years before becoming the president of Quarles in 2020, Vynalek brings extensive experience in both law and leadership to his work for clients. He has held leadership roles in numerous professional and community organizations and has advocated for the legal profession before the U.S. Congress on a range of legal issues.
Defining moment: “Mentors! Early in my career, I had amazing mentors. Their interactions with clients, team members, and public officials always put people first and active listening was a cornerstone of their leadership. To this day, I find those are the two most important aspects in leading teams well. Seeing your team as people and making sure they are heard are essential.”
Arizona opportunities: “We — as a market — are on the world stage in a way we have never been. This is our moment to accelerate our unprecedented trajectory into a truly diversified and future-proofed ecosystem that will yield economic and educational opportunity for generations. Let’s get aligned; let’s get fired up; let’s do this together!”
Defining success: “Past perspectives of success meant running fast to a finish line of accomplishment toward a specific goal. Today, I define success differently. It’s about durable growth, building platforms that enable teams to unite and achieve together, and ensuring that family and friends are a constant part of that journey.”
Lasting legacy: “Arizona is a bold state. We are defined by innovation and resilience. We are a place of opportunity. My hope is to make sure that educational opportunity becomes even more central to our future; that business leaders lean into helping shape policy; and that Arizona continues to be a place our families can be proud of for years to come.”
Sandra Watson, Arizona Commerce Authority: Watson has become one of the architects of Arizona’s economic transformation, helping attract companies that have committed hundreds of billions of dollars in capital investment and hundreds of thousands of jobs.
