25 of the biggest Arizona economic development wins of 2022

You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur. FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU. Call me if you want to sell your property and need an estimated value.   Phone / Prefer cell: 520-975-5207
Office: 480-948-5554 or email me
walterunger@ccim.net.   –       What is a CCIM.  

In Business and in Life you don’t get what you deserve, you get what you Negotiate.

contact me if you want the me to get you the value of your property.

CLICK HERE TO VIEW ALL MY LISTINGS.   

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

Walter Unger CCIM – cell: 520-975-5207 –  walterunger@ccim.net

BUSINESS NEWS | 6 hours ago | ARIZONA COMMERCE AUTHORITY

Arizona drew the eyes of the world in 2022 as businesses made record investments and high-tech industries surged. “Made in Arizona” became an oft-repeated slogan with manufacturing breakthroughs across industries including semiconductors, electric vehicles, batteries, aerospace, renewable energy and more. By October, Arizona claimed the fastest year-over year-manufacturing job growth in the nation, one of many Arizona economic development wins in  2022.

The year also saw Arizona advance significant initiatives emphasizing rural communities and small businesses, including historic broadband and infrastructure investments and the launch of the Small Business One Stop.

READ ALSOHere’s why Arizona economy is forecast to outperform U.S.

“2022 represented another transformational year for Arizona’s economy,” said Sandra Watson, President and CEO of the Arizona Commerce Authority. “We are so grateful to Governor Ducey and all our partners who work alongside us to grow and strengthen Arizona’s economy. We look forward to building on our rising momentum in the year ahead!”

Below are highlights of 2022:

Arizona economic development wins

During calendar year 2022, the Arizona Commerce Authority (ACA) successfully won more than 75 competitive projects from companies that committed to creating more than 31,000 projected new jobs while investing over $41 billion in the state.

Throughout the year, Arizona saw significant manufacturing projects among the Arizona economic development wins happening statewide, including:

• TSMCSunlit and Bespoke Manufacturing Company in Phoenix;

• NestléEnviro-Log and U.S. Merchants in Glendale;

• ElectraMeccanicaJX Nippon Mining & Metals and XNRGY in Mesa, Corning (Gilbert), and EdwardsEMD Electronics and Gummi World in Chandler;

• American Battery Factory (Tucson), Sion Power (Tucson), PowerPhotonic (Sahuarita) and Steel Jupiter (Sahuarita) in Southern Arizona;

• KPCT Advanced ChemicalsChang Chun ArizonaSolvay and Kohler in Casa Grande; Nikola and Procter & Gamble in Coolidge;

• And Nucor (Kingman) and FrameTec (Camp Verde) in rural Arizona.

Arizona also continued to grow in various industries such as technology, distribution and warehousing, automated vehicles and more including:

• Sendoso and Townsquare Interactive in Phoenix;

• NerdWallet (Scottsdale), Raven Industries (Scottsdale); Opendoor (Tempe), BioProcure (Chandler) in metro Phoenix;

• Cirba Solutions (Eloy) and Pony.ai (Tucson) in Southern Arizona;

• Williams-Sonoma, Inc. (Glendale), Sweetwater (Glendale), and Funko (Buckeye) in the West Valley;

• And Interstate Warehousing and NexGen Cryogenic Solutions and Flowserve Corporation in Kingman.

Leading The Nation In Job Growth

In October, Arizona achieved the fastest year-over-year manufacturing job growth in the nation, with more than 15,000 manufacturing jobs added through November. Arizona also ranks among the top-3 states in the U.S. for the fastest jobs recovery in manufacturing, adding more than 17,000 jobs since the pre-pandemic peak.

According to the latest 10-year job projections report released by the Arizona Office of Economic Opportunity in February, Arizona is projected to add 541,770 new jobs by 2031 – an annualized growth rate of 1.6%, more than three times the U.S. rate.

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Earning Top National Rankings

In April, a report from the American Legislative Exchange Council ranked Arizona no. 1 for economic performance over the last decade, and no. 3 for economic outlook.

Also in April, Arizona placed in the top 4 of “Best States For Business” by Chief Executive Magazine, climbing six spots from 2021.

In June, Arizona was awarded its fourth prestigious “Gold Shovel” award from Area Development Magazine, recognizing the state’s “success in terms of new job creation and company capital investment in 2021.” In addition, Intel’s $20 billion expansion to build two new semiconductor fabs in Chandler was named one of six “Manufacturing Projects of the Year.”

In November, Site Selection Magazine ranked Arizona no. 5 in its 2022 State Business Climate Rankings, up from No. 8 the year prior.

Also in November, Maricopa County ranked no. 1 for talent attraction in the Talent Attraction Scorecard released by Lightcast, a global leader in labor market analytics. Arizona also ranked in the top-five for talent attraction ability.

Marking Milestones To Advance U.S. Semiconductor Competitiveness

In November, Governor Ducey announced a historic $100 million investment to spur greater growth of Arizona’s semiconductor industry. The funding will enhance Arizona’s semiconductor infrastructure, workforce, and research capabilities and maximize the state’s competitive position for research and development under the CHIPS Act while spurring additional private sector investment.

Shortly afterward in December, industry and state leaders published the National Semiconductor Economic Roadmap (NSER) to increase U.S. competitiveness in the semiconductor industry. The ten-year, industry-led roadmap includes recommendations and findings focused on four pillars: infrastructure, supply chain, workforce, and entrepreneurship.

Investing In Arizona’s Workforce

In January, Governor Ducey announced a $30 million allocation to establish six advanced manufacturing training centers facilitated by community colleges across the state. The industry-led training centers will be modeled after Drive48, an automotive assembly training facility in Coolidge, and feature customized, hands-on curriculum for growing sectors including semiconductor, battery, automotive assembly and more. Drive48, a collaboration between the Arizona Commerce Authority, Central Arizona College, local government and industry, has trained over 2,000 Lucid employees since launching in 2021.

And in November, the ACA announced the Department of Labor awarded Arizona a $15 million grant to connect dislocated workers to jobs. Arizona Quality Jobs, Equity, Strategy, and Training (QUEST) is a statewide coalition that includes the Arizona Commerce Authority, six community colleges and Arizona@Work. The collaborative initiative will serve six local workforce development areas including the counties of Cochise, Maricopa, Mohave/La Paz, Pima, Yavapai, and Yuma.

Bolstering Arizona’s Economic Momentum

In June, the Arizona Legislature passed and Governor Ducey signed a historic, bipartisan budget, one that advances Arizona’s economic competitiveness, which will lead to more Arizona economic development wins. The budget enhances strategic transportation initiatives, healthcare and education and continues to invest in key priorities such as workforce development, education, infrastructure, public safety and more.

In September, Governor Ducey announced the state’s surging economy has accelerated the state’s historic flat tax package a full year ahead of schedule. The lowest flat tax in the nation will go into effect starting January 1, 2023 – not 2024 as originally anticipated. The average taxpayer will receive a 13 percent income tax reduction, saving families $350 a year.

Forging Collaborative Partnerships

This summer, the first all-female class of students graduated from the Semiconductor Technician Quick Start program at Mesa Community College. The program, funded by Intel and supported by Maricopa Community Colleges, teaches semiconductor basics and prepares students for Intel tech roles.

In September, the ACA, in partnership with Scottsdale Community College, announced the inaugural Production Assistant Certification program to continue growing Arizona’s film and TV workforce. The program will train local talent to fill openings as production assistants as Arizona continues to attract major film production opportunities.

Fueling Startup Success

In December, the ACA announced that 10 companies from a pool of over 80 were selected as Awardees for the Arizona Innovation Challenge. Since 2011, the ACA has selected 125 AIC awardees from over 2,000 applicants, representing a combined portfolio value of more than $2.5 billion.

Supporting Small Businesses

April 27, 2022 marked the 2nd Anniversary of the Small Business Boot Camp, a first-of-its-kind program that connects entrepreneurs and small business leaders with local experts to provide support, guidance and resources. Since launching on April 27, 2020, the Small Business Boot Camp has held over 360 sessions with over 13,700 attendees representing all 15 Arizona counties.

In November, Governor Ducey and partner agencies launched the Arizona Business One Stop, a streamlined online portal for small businesses and entrepreneurs to plan, start, and grow their business in Arizona.

Connecting More of Arizona

In February, the ACA and the Arizona Department of Transportation announced the Arizona Statewide Broadband Middle-Mile Strategic Plan, which supports broadband expansion efforts on Interstate 17 and Interstate 19. The Strategic Plan led to the creation of the Statewide Middle-Mile Network, which includes installing 200 miles of broadband conduit for I-17 between Flagstaff and Phoenix and for I-19 between Tucson and Nogales by 2023.

In July, the ACA announced 20 awardees of the Arizona Broadband Development Grant Program. Launched by Governor Ducey in 2021 with a $100 million investment, the program expands high-speed broadband to Arizona’s unserved or underserved areas. The grant allocated $75.7 million to 14 awardees in rural counties across Arizona and $23.6 million to six awardees in urban counties, spurring $112.8 million in local matching funds.

Read more about Arizona’s economic momentum at azcommerce.com.

SEE IT ALL:    https://azbigmedia.com/business/25-of-the-biggest-arizona-economic-development-wins-of-2022/

About AZ Big Media    https://azbigmedia.com/  

FROM ME:  FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. Now is the time, if you are thinking of selling or purchasing your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County, Pinal County, Arizona / Office  / Retail  / Industrial  / Multi-family /  please call me on my cell 520-975-5207 or e-mail me     walterunger@ccim.net. Investors and Owner / Users need to really know the market today before making a move. The market has a lot of moving parts. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land  Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands your needs. I am marketing my listings on Costar, Loop-net,  CCIM,  CREXi, Catylist, and various other web sites.  I also sold  hundreds millions of dollars’ worth of  Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with  brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also international

DISCOVER WHAT IS HAPPENING IN ARIZONA

History of Arizona from  900 BC – 2017 -Timeline.

   What is a CCIM.  In Business and in Life you don’t get what you deserve, you get what you Negotiate.

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

contact me if you want the me to get you the value of your property.

Walter Unger CCIM – cell: 520-975-5207 – walterunger@ccim.net

Click here to find out what is a   CCIM:

 CLICK HERE TO VIEW ALL MY LISTINGS. 

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

DISCOVER WHAT IS HAPPENING IN ARIZONA

History of Arizona from  900 BC – 2017 -Timeline.

Walter Unger CCIM cell: 520-975-5207  walterunger@ccim.net

What is a CCIM.

Walter Unger CCIM

Associate Broker

West USA Commercial Division

7077 E MARILYN RD.

Suite 200, Building 4.

Scottsdale AZ, 85254

Phone: 480-948-5554

Cell: 520-975-5207

walterunger@ccim.net

History of Arizona from  900 BC – 2017 -Timeline.

WHY PHOENIX? AMAZING!!!  POPULATION – IN 1950 THERE WERE 331,700 PEOPLE LIVING IN PHOENIX – “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

PHOENIX TOPS US IN POPULATION GROWTH (MORE THAN LA, NYC) AND WHY THAT’S GOOD FOR THE ECONOMY, BUSINESS

History of Arizona from  900 BC – 2017 -Timeline.

WHY PHOENIX? AMAZING!!!  POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

CLICK HERE TO VIEW MY WEBSITE

  • DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:

Walter Unger CCIM –  walterunger@ccim.net   – 1-520-975-5207  –  http://walter-unger.com

Why Phoenix?  This is a very interesting article, you should read it, amazing, there were only 350 K people living in Phoenix in 1950

Timeline of Phoenix, Arizona history

Phoenix, Arizona

Facts of Arizona – year 1848 to 2013

CLICK HERE:  Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact me.

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.

Walter Unger CCIM

Associate Broker

West USA Commercial Division

7077 E MARILYN RD.

Suite 200, Building 4.

Scottsdale AZ, 85254

Phone: 480-948-5554

Cell: 520-975-5207

walterunger@ccim.net

What is a CCIM.

FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU PLEASE CALL ME

CLICK HERE TO VIEW ALL MY LISTINGS. 

Also Call me if you need an estimated value of your Property.

Call me if you want to see a map with what is in the Construction Pipeline for Apartments.

Prefer cell: 520-975-5207,   or email me walterunger@ccim.net.       CLICK HERE TO VIEW ALL MY LISTINGS.    

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I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years.  If you have any questions about Commercial / Investment Properties in Phoenix or Commercial /  Investment Properties in Arizona,  I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us. 

Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207

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