Each year, Area Development honors states that excel in attracting major economic development projects. Using data provided by state economic development agencies, they assess top projects based on criteria such as job creation, capital investment, industry diversity, and the strength of each state’s economic strategy. To ensure fair comparisons, Gold and Silver Shovel Awards are presented across five population categories.
Photo Credit: Area Development.
Arizona has solidified itself a leading hub for the aerospace and defense industry, home to major A&D companies, cutting-edge startups, and advanced technologies and manufacturing. Over the past five years, the state has welcomed more than 60 aerospace…
The State of Arizona is making incredible strides in its continued economic expansion, particularly from global manufacturers who see immense valued in the state’s robust and qualified talent pool. Most recently, Taiwan Semiconductor Manufacturing…
Record-level investments are being made in Arizona, building on the state’s impressive high-tech manufacturing presence. Multi-billion-dollar commitments from global leaders in biosciences and semiconductors, coupled with ever-expanding bioscience…
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