It’s been a big few years for Arizona, and more specifically the tech sector. They have been able to land a number of massive new developments and headquarters, but a more recent news story has us wondering something which would have sounded absurd only 5 years ago…is Phoenix becoming a capital city for Artificial Intelligence? Phoenix’s transformation into a global … Read More
ASM’s Scottsdale Expansion: Growth Uncertainty Casts Shadow Over Arizona Operations
When ASM, the Dutch company that helps create the most sophisticated semiconductors in the world, announced that it was putting a major foothold in Scottsdale, it was yet another example of our city’s impressive corporate growth and an indicator that Scottsdale was truly open for business. The most recent quarterly earnings report of their close cousin is having a lot … Read More
Arizona’s Corporate Renaissance Makes New Step with New Groundbreaking
We have written extensively about Scottsdale and Arizona’s rise as a manufacturing and corporate hub (get up to date here). The high-tax and high-regulation states that have served as those hubs in the past are getting left in the dust, and Arizona has been one of the biggest beneficiaries of this. A new development is another example of this dynamic … Read More
Arizona Again Becoming a Center for New Businesses with New Development
There has been much ado about President Trump’s tariff announcement a few weeks back. Putting it charitably, it has been…rocky…but lost in all of the partisan bickering is the reality that there is now an incentive to onshore business operations. Whether or not it’s worth it is a subject for an economics blog, but the reality is that some multinational … Read More