Relocations & Expansions 2005-2016
Sun Corridor Inc. has facilitated the attraction/expansion of 130 companies to date:
Total New Jobs Supported (direct and indirect): 36,073
Capital Investment: $2.44 billion
Total Economic Impact: $18.7 billion
ADP is a well-known Fortune 500 global provider of cloud-based human capital management systems. The company plans to hire 450 employees. Total economic impact is $485 million.
Caterpillar Surface Mining & Technology
Caterpillar, the world’s leading manufacturer of construction and mining equipment, will relocate their Service Mining and Technology headquarters to Tucson. The company is expected to hire 635 employees. Economic impacts are estimated at $1.9 billion over 10 years.
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.
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.