UACJ Automotive Whitehall Industries, a leading supplier of precision extruded aluminum automotive components and assemblies, has selected Northern Arizona for its new plant that will manufacture parts for electric vehicles. This significant investment will not only have a positive impact in northern Arizona, it further strengthens the state’s reputation as a hub for electric vehicle manufacturing.
Tech Job Growth
Despite a challenging year caused by the spread of the COVID-19 virus, Arizona’s technology sector was able to rebound quickly and even outpace Q4 2019 in several significant growth metrics. The Arizona Technology Council’s latest quarterly Arizona Technology Industry Impact Report provides insight on the progress of the state’s tech sector. The new data shows a 29% increase in STEM job postings in December 2020 vs. December 2019 and a 4.3% growth in Arizona technology companies year-over-year.
The Arizona Technology Council released its latest quarterly Arizona Technology Industry Impact Report, providing valuable information on the progress of the state’s technology sector to its members, as well as business, economic development and government leaders. The new data shows a 29% increase in STEM job postings in December 2020 vs. December 2019 and a 4.3% growth in Arizona technology companies year-over-year.
Tech salaries in Phoenix grew 7.6% from 2019 to 2020, reaching an average of $95,514. This pacing landed Phoenix as 7th on the list of fastest growing tech salaries in the country. Last year the fastest growth came in Charlotte, North Carolina, which saw a 13.8% change, followed by Orlando, Florida (13.4%) and New York City (11.6%).
PADT, Inc. Co-founder and Principal Eric Miller discusses how taxes and regulations are, in fact, smaller contributors in regard to attracting out-of-state tech companies to Arizona. If we want to attract more technology companies to our state, we have to take a measured approach and put as much or more emphasis on those other factors.
The Arizona Technology Council released its latest quarterly Arizona Technology Industry Impact Report to keep its constituents informed on the progress of Arizona’s technology community and put a face to the industry’s success stories, The new report features video interviews with technology leaders across Arizona’s major technology sectors in addition to the data on the industry’s growth.