(PRWEB) November 25, 2013
In 1996, the Phoenix Business Journal published an article saying that Arizona was poised to become a high-tech Mecca.
It described pending or recently created semi-conductor plants plus serious interest from big industry names at the time like Intel and Motorola which both had announced plans to add manufacturing plants and other infrastructure. Total revenue from the top 16 Arizona software companies doubled from $34 million in 1995 to $68 million, and these companies were also was responsible for nearly 450 new jobs.
Apple is jumping in, and announced plans this fall to take over a closed solar-power factory in Mesa and begin manufacturing glass and other components, a venture that can add 2,000 new jobs. Innovation Arizona’s economic projections show the tech industry is in an upswing, and predicts at least a 1.3 percent increase for this sector this year, compared to a loss over the last three years. “This is very exciting,” said Jason Hope local entrepreneur, “Many of us have known about Arizona’s potential for years, and now it’s really coming into its own.”
To read the full article, please visit http://www.moneycation.com/2013/11/is-arizona-starting-to-boom-as-silicon.html.