Manufacturing plays a critical role in the state’s economy and future, with thousands of companies of all sizes using new technologies and high-tech advancements that have made Arizona a growing manufacturing magnet in the U.S.
- The manufacturing workforce is robust, with experienced assembly workers and college-credentialed employees who have varied technical capabilities.
- Global companies such as Intel, Microchip, NXP Semiconductors, Honeywell, Raytheon, Boeing, Frito Lay are evidence of Arizona’s manufacturing capabilities.
Manufacturers have a strong foundation of support in Arizona. State leaders are committed to fewer regulations, cutting burdensome taxes and strengthening Arizona’s pro-growth environment for manufacturers of all sizes.
- Arizona has a robust suite of financial incentives and technical assistance programs aimed at growing manufacturing facilities that produce high-quality employment opportunities for Arizonans.
- Arizona exempts the state sales tax (TPT) on electricity for manufacturers.
- Arizona also offers Renewable Energy Production Tax Credits to companies that generate renewable energy to power their manufacturing operations in the state.
- The ACA operates RevAZ, the state’s Manufacturing Extension Partnership program that provides technical expertise to small-to-medium-sized Arizona manufacturers to assist them with strategy development, operational improvements and innovations for growth.
Arizona manufacturers are located near some of the world’s largest economies: California, Mexico and Texas – lending the Grand Canyon state an incredible geographic advantage when it comes to global manufacturing and exporting opportunities.
- More than 84 percent of Arizona's $22.0 billion in exports in 2016 were manufactured goods. (Global Trade Atlas)
- The “reshoring” to North America trend presents tremendous opportunities for Arizona companies that want to open a facility to provide services or raw materials.
- "About 40 percent of the parts in a typical Mexican products originate in the United States." (CNN Money, 2017)