Open up the goodie bag
State officials yesterday (Feb. 2) announced a major business coup – Apple is building a $2 billion command Center in Mesa. But Apple is getting something in return.
Apple to build $2 billion data command center in Mesa
Apple plans to build a new command center in Mesa, a $2 billion project that will be one of the largest investments the company has ever made and marks the first big economic development announcement for new Gov. Doug Ducey, who campaigned largely on a platform of bringing jobs to Arizona.
Failed Apple Mesa plant operator GT says SEC investigating its business
Sapphire materials maker GT Advanced Technologies, which filed for Chapter 11 bankruptcy reorganization in October, said Thursday that the Securities and Exchange Commission has opened an inquiry into its business.
Tax credit foes urge caution after Apple factory bankruptcy
Opponents of the targeted tax credits and incentives that have become increasingly popular at the Capitol are hoping the bankruptcy of a company that was slated to receive massive tax breaks under a 2014 bill will make lawmakers think twice in the future.
Glass maker deals to exit Apple, Arizona plant
A deal between Apple Inc. and a synthetic sapphire glass maker that was gearing up to produce huge amounts of the product for Apple in an Arizona factory allows for the sale of more than 2,000 furnaces to repay Apple.
Soured Apple, glass maker deal to remain secret
Apple Inc. has reached a deal with a synthetic sapphire glass maker that will allow details of contracts between the companies and the business problems that led GT Advanced Technologies to a financial crisis to remain secret.
Apple supplier fiasco is the latest failed subsidy scheme
Arizona taxpayers are lucky to have escaped the latest failed corporate subsidy scheme with their wallets intact.
Apple, 83 others, join anti-SB1062 chorus
Corporate tech giant Apple has asked Gov. Jan Brewer to veto the controversial religious freedom bill SB1062, the company and the Governor’s Office confirmed.
Last-minute amendments make big changes to tax bill
The last bill that the Legislature approved before adjourning for the year underwent major changes in the waning hours of the session that could be worth as much as $30 million in tax credits to some companies.