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Top 10 “Next Big Boom Towns” in the U.S. – Forbes, 2011


Greater Phoenix: Poised for Your Success As one of the fastest-growing regions in the nation, Greater Phoenix offers a broad and talented workforce. Located at the intersection of supply and demand, Greater Phoenix offers easy access for employees getting in and out of the market as well as quick access to millions of customers. Armed with low business costs, minimal regulation, a low cost of living and an uparralled quality of life from one of the most exciting metropolitans, Greater Phoenix is poised for your success. Did You Know? • Business operating costs in Arizona are approximately 40% lower than in neighboring California • The region offers a continuous pipeline of professionals from the W.P. Carey School of Business at Arizona State University, Thunderbird School of Global Management, Maricopa Community Colleges and University of Phoenix • It boasts a dependable infrastructure that includes one of the top 5 regional fiber optic deployments in the US and more than 156,000 miles of fiber optic network capacity • Greater Phoenix offers more than 300 days of sunshine annually for hiking, biking, rock climbing, golf or simply enjoying the area’s flourishing cultural scene and first-class cuisine

Fifth Most Desirable State” – Harris Interactive, 2010

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Greater Phoenix Boasts Some of the Best in the Biz These companies and more have already realized the benefits of doing business in Greater Phoenix. Notable Customer Service Centers

Notable Data Centers

• American Express • Avnet • Bank of America • CDW • Charles Schwab & Co. • CSAA • Discover Card • First American • Home Warranty • Go Daddy Software • JDA Software

• American Express • Bank of America • Charles Schwab • Cox • CyrusOne • Digital Realty • eBay • Fatpipe • Financial Engines

• Microsoft Corp • PayPal • Safelite • USAA • Vanguard • Waste Management • Wells Fargo

• Fry’s • Global Crossing • Go Daddy • IBM • i/o • Lydian Data Services • Phoenix NAP

Notable Corporate & Regional Headquarters • APL (NOL) • Avnet • Banner Health • Best Western • Clear Channel Outdoor • Coldstone Creamery • Dial Corporation/Henkel • Fender • Freeport McMoRan • Go Daddy

• Hensley & Co. • Honeywell Aerospace • JDA Software Group • Knight Transportation • Limelight Networks

• Medicis Pharmaceutical • Microchip Technology • Nighthawk Radiology Services • ON Semiconductor • PetSmart

• Poore Brothers • Republic Services • Shamrock Farms • Taser International • U-Haul • University of Phoenix • US Airways • Viad Corporation

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Geographic Position Access to major markets, customer base • Greater Phoenix economy represents 75% of state economy • Low-cost, low-regulation alternative well-positioned to service California • Sky Harbor Airport handles 38 million passengers annually and the region also boasts Phoenix-Mesa Gateway airport and eight additional general aviation airports • Sky Harbor offers daily direct flights to hundreds of domestic cities as well as internationally to cities throughout Canada, Mexico and the United Kingdom • Home to US Airways’ headquarters and a Southwest Airlines hub • Two major interstates and five freeways – a 5-hour drive to Los Angeles • $1.3 billion METRO Light Rail system connects Phoenix, Tempe and Mesa Operating Environment Advantageous business climate • Business operating costs approximately 40% lower than California • Competitive operating cost advantages: - No corporate franchise tax - No income tax on dividends from out-of-state subsidiaries - No worldwide unitary tax - Aggressive accelerated depreciation schedules - 100% of net operating loss may be carried forward for five years • Minimal Regulation • Right To Work state • Low workman’s comp and unemployment insurance costs • Low unionization • Permitting guaranteed in 90 days or less Human Capital Mature talent and workforce pipeline • Maricopa County population is more than 4 million and expected to grow to nearly 7 million in the next 20 years • Arizona State University – graduates 2,600 business students per year with 75K on four campuses • ASU ranked amoung the top 25 global business schools by the Center for the World – Class Universities at Shanghai Jiao Tong University in China • Thunderbird School of Global Management ranked #1 “International” full-time MBA • Maricopa Community Colleges provides job-skill training to 260K annually • University of Phoenix specializes in business curriculum and is the largest private university in the country • A relatively young region, with a median age of 34.7 – three years younger than the average age for U.S. metropolitans • Projected employment growth over the next two decades is 85% compared to an average of 20% for the U.S. www.az4ad v a n c e d b u s i n e s s . c o m

Greater Phoenix:

Fertile Ground for Growth

GEOGRAPHIC POSITION

GREA PHOE UNIQUE PROPO

OPERATING ENVIRONMENT

HUMAN CAPITAL


Advanced Business Services

INFRASTRUCTURE

ATER ENIX’S E VALUE OSITION

INCENTIVES

LIFESTYLE

Infrastructure An environment to support and grow industry • Low catastrophic risk – three AZ cities rank top 10 for lowest risk • One of the top 5 regional fiber optic deployments in US • More than 156,000 miles of fiber optic network capacity • Top-ranked utilities APS and SRP • Faster internet speeds than any bordering state Incentives Rewards qualified companies • Arizona Competitiveness Package - $9K of corporate income tax credits per job - Starting in 2014, corporate income tax rate steadily decrease to 4.9% - Starting in 2014, Sales Factor ramps up to 100% - Effectively reduces commercial property taxes by 10% • Job Training - Up to $1.5M in grants • Additional Depreciation - Companies not receiving property tax incentives under the RETIP, FTZ, or MRZ programs can elect to take additional depreciation on their personal property • Angel Investment Program - Provides income tax credits up to 35% for investors of small businesses Lifestyle Growing arts & culture community, plentiful outdoor sports & adventure • Median household income is $54,713 • More than 300 days of sunshine annually • Home to five professional sports teams and more than 325 golf courses • Flourishing arts and culture scene • Thousands of restaurants, boutiques and attraction • World-class zoo and renowned museums • Drive to beaches or the mountain pines and arrive by noon

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Greater Phoenix: Positioned for Efficiency As a neighbor to the world’s 8th largest economy, Greater Phoenix could not be positioned more advantageously. With cities like Los Angeles and San Diego within a six-hour drive, the US-Mexico border less than a four-hour drive, and Dallas, Austin, Albuquerque and Salt Lake City all interconnected and easily accessible within a day’s drive, Phoenix is positioned for maximum business efficiency. And Phoenix Sky Harbor International Airport expands that reach globally. With US Airways headquartered in Greater Phoenix, and a Southwest Airlines hub, Phoenix offers ultra-accessibility with direct flights to most domestic and international cities daily. Additionally, Arizona boasts more than 80 public and private airports. Connected by a sophisticated system of highways, rails, public transit options including a clean-fuel bus fleet, and low-emissions light rail, Greater Phoenix is simply one of the easiest cities to navigate.

TRUCK DELIVERY TIME Bay Area 750 miles • 12.00 hrs

Two-day Delivery area

Salt Lake City 635 miles • 11.00 hrs

RAIL CONNECTIONS

Denver 930 miles • 12.50 hrs

OGDEN RENO

NV

Las Vegas 285 miles • 5.25 hrs Riverside/InlandEmpire 310 miles • 4.10 hrs

DENVER SALT LAKE CITY

CA

UT

LAS VEGAS

Phoenix

San Diego 350 miles • 4.75 hrs

Tucson 125 miles • 1.75 hrs

Alburquerque 475 miles • 6.25 hrs

El Paso 440 miles • 6 hrs

LOS ANGLES SAN DIEGO

Dallas 1,120 miles • 5 hrs

PUEBLO

SANTE FE

AZ

ALBUQUERQUE

PHOENIX

AMARILLO

OK

OKLAHOMA CITY

NM

TUCSON

LUBBOCK FORT WORTH

Houston 1,185 miles • 17.50 hrs

One-day delivery area

YUMA

FLAGSTAFF

CO

DALLAS

EL PASO

NOGALES

TX

SANTA ANA

SAN ANTONIO

HOUSTON

CHIHUAHUA

MEXICO

LAREDO

LOS MOCHE TORREON MAZATLAN CIUDAD VICTORIA

2 HOUR 3 HO U R 4 HOUR

1 HOUR

F L I G H T TIME

www.az4ad v a n c e d b u s i n e s s . c o m


Increased Growth: Decreased Regulation With more than 4 million people, Maricopa County is the 4th largest county in the nation in terms of population. Expected to grow to nearly 7 million over the next 20 years, Greater Phoenix is one of only 10 US markets expected to see most of the nation’s growth over the next 35 years. Simultaneously, this region continues to make giant strides to ensure a business relocation or expansion into the region is as smooth as possible. A long-time Right to Work state, Arizona boasts no corporate franchise tax, no income tax on dividends from out-of-state subsidiaries and no worldwide unitary tax. Additionally, it’s a minimal regulation state, and all GPEC partner communities adhere to 90-day-or-less permitting. Lastly, an aggressive competitive package launched by the Governor in 2011 also demonstrates the State’s long-term commitment to business.

The perfect place to manage global supply chains.” - NOL’s Regional President for the Americans John Bowe

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GPEC - Your Connection to the Future The Greater Phoenix Economic Council (GPEC) is Arizona’s premier economic development organization. Representing Maricopa County, 20 communities and more than 150 private investors, GPEC connects companies with Arizona’s key leaders and influencers, and provides site-selection services at no cost to you. We aim to provide an easy and transparent way to evaluate our market with a focus on speed and efficiency.

Advanced Business Services Greater Phoenix Economic Council 602.256.7700 | 1.800.421.4732 | info@gpec.org Advanced Business Services www.az4advancedbusiness.com

@gpec

gpec greater phoenix

greater phoenix economic council (groups)

greater phoenix economic council facebook.com/gpec4jobs

Member Communities MARICOPA COUNTY

GILA BEND

PEORIA

APACHE JUNCTION

GILBERT

QUEEN CREEK

AVONDALE

GLENDALE

SCOTTSDALE

BUCKEYE

GOODYEAR

SURPRISE

CASA GRANDE

MARICOPA

TEMPE

CHANDLER

MESA

TOLLESON

FOUNTAIN HILLS

PHOENIX

WICKENBURG

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