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Greater Phoenix is a magnet for advanced manufacturing.
A region ready for the future of manufacturing
Home to industry leaders like Intel, Honeywell, Avnet, Fujifilm and General Dynamics, the area is a recognized leader in bringing the latest innovations in science and technology to a diverse mix of manufacturing processes and products.
Top-ranked, top talent
With a dry climate, low risk for most natural disasters and a business-friendly environment, the Greater Phoenix area continues to expand its manufacturing base. Some of the area’s largest manufacturing sectors include aircraft, spacecraft, optics, machinery and electrical machinery. Phoenix is ranked among the top markets for space and defense manufacturing, according to the Greater Phoenix Economic Council.*
Greater Phoenix ranked as a top market in the nation for space and defense manufacturing.*
*Source: The Greater Phoenix Economic Council
Advanced Manufacturing Industry Highlights
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The Greater Phoenix area is fourth in the nation for semiconductor manufacturing employment and second for space and defense manufacturing employment, according the Greater Phoenix Economic Council.
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154,000
Advanced manufacturing jobs
The Greater Phoenix area is fourth in the nation for semiconductor manufacturing employment and second for space and defense manufacturing employment.
The state's talent pool is fueled by training and university programs focused on smart, connected manufacturing with hands-on learning.
40
Universities and higher education institutions
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Companies range from Aerospace, Computer and Electronic Products, to Transportation and more.
3,700
Advanced manufacturing companies
No. 1
in the nation for manufacturing growth
Metro Phoenix was ranked No. 1 out of the 15 top growth markets for largest projected job gains, according to global real estate firm Newmark Group Inc.
Choose SRP Service Areas
#4
Top 100 largest public power utilities by generation
ONE
Of the largest raw water suppliers in Arizona
7.4 M+ MWh
Sustainable portfolio
Expand your business in Phoenix MSA
4.9%
Corporate state income tax rate
10%
Historical population growth (2015-2020)
5.1 Million
Population of Phoenix MSA
Get in touch with a member of our Strategic Economic Services department
Our team of advisors is ready to discuss economic development opportunities for your business in the Phoenix metropolitan area. Feel free to reach us via phone, email, or send is a message.
The Accredited Economic Development Organization (AEDO) Program recognizes the professional excellence of economic development organizations (EDOS) through the International Economic Development Council. The AEDO Program provides EDOs with independent feedback on their operations, structure and procedures. SRP is one of only three utilities to have earned AEDO status.