City officials in Phoenix, Arizona approved a slate of financial incentives and government support for Taiwan Semiconductor Manufacturing Co.’s planned $12 billion chip plant, a step toward bringing high-tech manufacturing to the U.S. and addressing national security concerns over the industry supply chain.
Read MoreFrom open spaces to open minds, Arizona has the “highest potential” of any state in the nation to successfully move into the new economy, said Arizona State University (ASU) president and innovation trailblazer Michael Crow. The university’s “enterprise” model will help lead the way.
Read MoreEven before the novel coronavirus pandemic, people moving to Arizona from California represented 23% of all inbound residents over more than a decade. And more are on the way.
Read MoreOn October 29, the new We-Ko-Pa Casino Resort opened its doors, unveiling a contemporary ambiance and visitor-centric experience that raise the bar for Valley casinos.
Read MoreChipotle CEO Brian Niccol predicted in October the fast casual would eclipse $2.5 billion in digital sales in 2020. Just a year earlier, Chipotle celebrated clearing $1 billion, which was a significant milestone for a brand that played catchup in a number of innovation corners.
Read MoreThere were a lot of factors working against economic development in the past year, but Arizona’s economic development community and the Arizona Association for Economic Development (AAED) found ways to not just survive, but thrive in the face of a global crisis. The state saw new economic growth all over, new projects were being built, new companies were arriving or expanding and new businesses were starting.
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