The $25 million deal-closing fund that forms a pillar of the new Arizona Commerce Authority is eye-catching, but may just be a drop in the bucket.Read More »
‘I think Arizona would not be in the top 10.’ — Former Intel CEO Craig Barrett, saying Intel would not consider Arizona as a site for investment if it had to start anew.Read More »
Members of the Arizona Commerce Authority pledged that the state’s new quasi-private economic development agency take a zero-tolerance approach to backroom deals and cronyism as it gives out millions of dollars in incentives to the businesses it hopes to attract.Read More »
Calling it the most important legislation Arizona has taken up in generations, Gov. Jan Brewer on Monday unveiled the details of the long-awaited Arizona Competitiveness Package, a raft of tax cuts and incentives that she said will boost job growth and make Arizona a haven for businesses.Read More »
To most Arizonans, Jerry Colangelo is the man who brought professional basketball and baseball to Arizona. But in the years since he parted ways with the Phoenix Suns and Arizona Diamondbacks, Colangelo has set his sights higher.Read More »
More than two-dozen employees will transfer to the governor's budget office from the Department of Commerce before the end of the year as part of a larger move to shift economic development responsibilities to a public-private organization.Read More »
The Arizona Commerce Authority is officially on the job, though it currently exists in name only.Read More »
To attract new businesses and create jobs in Arizona, Gov. Jan Brewer isn't looking to restructure or revamp the Department of Commerce. She's looking to eliminate it.
Brewer on April 14 announced plans to scrap the entire department and replace it with the Arizona Commerce Authority, a private sector-led operation that would narrow the state's economic development efforts to a handful of key industries.