Business Attraction & Expansion Successes
July 1, 2016 – March 22, 2017
AAA of Arizona
AAA is adding 97 employees at its Tucson facility. Capital expenditure is $1.6 million, resulting in a $50 million economic impact to our region.
ADP® is adding 250 positions to its Tucson workforce, bringing to 400 the number of ADP associates in Tucson and to nearly 2,000 the number of ADP associates who will be working in Arizona.
Arcadia Custom is a high-end window and door manufacturer located in Tucson’s southeast side. The company recently purchased its facility and plans to add 150 jobs. Capital expenditure is $6.2 million, resulting in a $80.4 million economic impact.
Ascensus, the nation’s largest independent retirement and college savings services provider, is opening a new office location in Tucson, Arizona by mid-2017. The company is adding 192 employees at its Tucson facility and capital investment is nearly $8 million. Ascensus’ expansion will have a projected economic impact of over $200 million for Tucson and its surrounding communities.
Bombardier is adding 27 employees at its Tucson Airport facility, due to a steady growth in work orders. Capital expenditure is $3.5 million, resulting in a $17.4 million economic impact to our region.
Creative Machines is a group of visionary artists, engineers and fabricators doing world-class work for clients everywhere. It is a multi-disciplinary firm whose abilities span exhibition design, ball machine sculptures, and monumental public art. Creative Machines is adding 20 employees at its Tucson facility. Capital expenditure is $2.1 million, resulting in a $35 million economic impact to our region.
Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory services. The company has opened a national executive support center in Tucson, Arizona. The new center will create 125 jobs in the area with a focus on executive administrative support, creative graphics and digital services. Capital investment is $1 million, resulting in a projected economic impact of over $125 million to our region.
Global Equity Finance
Global Equity Finance has a unique business model of banking and brokering loans that allows them to focus on finding the best loan and the best rates for their clients instead of struggling with the conflicts of interest and company-centric motives of the “big banks”. The company is expected to hire 82 new employees, resulting in a $150 thousand economic impact to our region.
HD Petroleum has developed a small-scale waste oil micro-refinery, providing a profitable and sustainable solution for the processing of waste oil. Their technology creates opportunity for many regions and industries to be part of the solution, while creating local employment and reducing the environmental impact of waste oil. The company is adding 20 new jobs to its Tucson facility. Capital investment is $8 million, with a projected economic impact of over $27 million for Tucson and its surrounding communities.
Hexagon Mining, an information technology provider of planning, operations and safety solutions for the mining industry, today announces the relocation and expansion of its Tucson, AZ-based North American headquarters to downtown Tucson. Hexagon Mining employs 140 people in Tucson and plans to add 120 jobs over the next five years. Capital investment is estimated at $9.4 million, with a total economic impact of $224 million.
Hexcel, an aerospace company that manufactures products for commercial aircraft structures and interiors, defense aircraft, helicopters and various industrial applications, is growing its Casa Grande operations over the next four years. Hexcel will invest in new facilities, machinery and equipment, while adding 146 positions in engineering, production and management. Capital investment is $85 million.
Innovation Manufacturing Solutions
Innovative Manufacturing Solutions is a high-volume precision manufacturer located in Tucson, Arizona. Their customers include aerospace, defense, and military all the way to semiconductor laser corporations. The company is adding 65 new jobs to its facility. Capital investment is $1 million, resulting in an economic impact of over $80 million for Tucson and its surrounding communities.
Lucid Motors has selected Casa Grande/Pinal County as the site for its new electric car manufacturing facility, with 2,213 new jobs and a $700 million capital investment. This is Arizona’s first auto manufacturing operation and Mexico will play a major role in its supply chain. The project represents a $1.7 billion economic impact to Arizona.
Mainstreet offers a unique design concept in Healthcare for the growing senior population. The company is expected to hire 90 new employees, resulting in a $ 53 million economic impact to our region.
Raytheon Missile Systems
Raytheon Missile Systems has selected Tucson/Pima County as the site for a significant expansion. The expansion represents the addition of nearly 2,000 new high-skilled, high-wage jobs and will result in an impact of several billion dollars being added to the regional economy over the next few years.
Vector Space Systems
Vector Space Systems, a micro satellite space launch company, is locating its manufacturing facility in the Pima County Aerospace, Defense and Technology Business & Research Park, and adding 200 high-wage jobs in Southern Arizona. The company’s expansion is expected to have an estimated $290 million economic impact on the local economy over five years.