Technology & Innovation

Accelerating Technology & Innovation

As one of the nation's youngest and fastest-growing states, Arizona's pioneering spirit encourages its reputation as a hub for testing and scaling new technologies. Companies are taking note that Arizona's vibrant ecosystem is the best place to make global change.

Industry at a Glance

TOP 4

largest semiconductor and other electronic component manufacturing employment

Lightcast, 2023

TOP 4

largest technology & innovation manufacturing employment

Lightcast, 2023

$41B

total gross state product

Seidman Research Institute, fiscal year 2021

$26.3B

total annual wages
Seidman Research Institute, fiscal year 2021

Arizona Success Stories

Quotation Mark

"Two years after relocating Moov to [Arizona], I can say that this was one of the best decisions we have made as a company."
- Steven Zhou, Moov Co-Founder and CEO 


MOOV

Moov

Due to rising costs in the bay area, Moov Technologies saw Arizona as an opportunity to support the rapidly expanding semiconductor industry as a secondary market for semiconductor manufacturing equipment. The state's pro-business climate and rich startup culture attract global giants as well as emerging tech leaders. With corporate and individual taxes among the lowest in the country, Arizona makes it efficient to start, operate and grow a business.

Innovation Ecosystem

Arizona is the best state in the nation for entrepreneurship, innovation and emerging technology. With a future-forward leadership team, Arizona continues to lead in creating an innovation-driven economy.

Innovate

Pro-Innovation Policies

Arizona is the best state in the nation for entrepreneurship, innovation and emerging technology. With a future-forward leadership team, Arizona continues to lead in creating an innovation-driven economy.

Policy

Tech Talent

New ideas are embraced in Arizona. Tech talent in the state benefit from public-private partnerships that enhance learning opportunities and develop skills for the jobs of the future.

 

Talent

Doing Business in Arizona

Contact us to receive one-on-one expansion and relocation services.

10/26/2023

American Battery Factory Breaks Ground On Largest U.S. Lithium Iron Phosphate Battery Cell Gigafactory In Tucson

TUCSON, AZ (October 26, 2023) — American Battery Factory (ABF), an emerging battery manufacturer leading the development of the first network of lithium iron phosphate (LFP) battery cell gigafactories in the United States, today broke ground on a two million square foot gigafactory located in Tucson, Arizona. The site will provide an estimated 1,000 jobs, $1.2 billion in capital investment and $3.1 billion in economic impact to the state, with the first phase of construction is expected to be complete by 2025.

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10/25/2023

CMC Celebrates Grand Opening Of New Micro Mill In Mesa

MESA, AZ (October 25, 2023) – CMC (Commercial Metals Company; NYSE: CMC), along with state and local officials and their honored guests today celebrated the grand opening of CMC's new micro mill located in Mesa, Arizona. The mill is CMC’s third micro mill and will be the first in the world to produce merchant bar quality (MBQ) products through a continuous production process and will create over 180 new jobs.

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