Sun Corridor, Inc. (formerly TREO) in its April Prospect Overview is reporting strong activity in prospects for all types of business. Since the beginning of FY 15/16, it has worked with 219 companies that resulted in 73 new qualified projects, bringing 1,560 new hires with an estimated economic impact of $1.3 billion to the Tucson region.
Current active prospects according to the April Sun Corridor prospects list are 52 active qualified projects in the pipeline, 10 are shortlisted projects that include a wide range of industry, including Aerospace & Defense, Bio & Health and Manufacturing.
Included in New Business Attraction and Business Expansions from July 1, 2015 – March 10, 2016:
World View Enterprises
Project Type: Expansion
Industry Sector: Aerospace & Defense
With its proprietary high-altitude balloons, World View offers an accessible, affordable way to access near space for research and commercial payload purposes, as well as tourism. Three to five year projections anticipate 450 new high-wage jobs and $40 million in capital expenditure. Estimated economic impacts are $ 384 million.
Geoworld USA, LLC
Project Type: Attraction
Industry Sector: Manufacturing
This Italian-based company is looking to relocate their World Headquarters from Italy to Southern Arizona. Geoworld now operates in four business areas: educational toys, jewels in semiprecious stones, furnishing accessories, and publishing. The new headquarters in Tucson will bring 25 jobs and estimated economic impacts are $ 28 million.
ADP
Project Type: Attraction
Industry Sector: Advanced Services
ADP is a well-known Fortune 500 global provider of cloud-based human capital management systems. The company plans to hire 450 employees. Total economic impact is $485 million.
Mathematica
Project Type: Attraction
Industry Sector: Other – Policy Research
Mathematica’s main focus is the innovation of programs to evaluate policy research. The company is expected to hire 75 new employees. Economic impacts are estimated at $35 million.
GW Plastics
Project Type: Expansion
Industry Sector: Manufacturing
GW Plastics is a global leader in plastic injection molding The company plans to add 70 employees to their Tucson operations. Economic impacts are estimated at $38 million.
Tucson Medical Center
Project Type: Expansion
Industry Sector: Bio/Healthcare
Tucson Medical Center is expanding their Tucson operations. The company is expected to hire 61 employees. Economic impacts are estimated at $60 million.
Dignity Health Urgent Care
Project Type: Attraction
Industry Sector: Bio / Healthcare
Dignity Health Urgent Care is opening a freestanding urgent care facility in Queen Creek, Pinal County. The company is expected to hire 35 new employees. Economic impacts are projected at $23 million.
Otto Environmental Systems
Project Type: Expansion
Industry Sector: Manufacturing
Otto Environmental Systems, a manufacturer and service provider in the collection and container industry, is estimated to hire 32 new employees. Total economic impact of nearly $9 million.
Dream in Color
Project Type: Attraction
Industry Sector: Manufacturing
Dream in Color relocated its East Coast yarn-coloring operation to Tucson. The company is expected to hire 10 employees. Economic impacts are estimated at $6.8 million.
Arizona Turbine Technology
Project Type: Expansion
Industry Sector: A&D
Arizona Turbine Technology is an energy-production technology created by the leaders of Tucson Embedded Systems. The company will hire 22 employees and spend between $6-8 million in Capital Investment. Economic impacts are estimated at $48 million over five years.
Truly Nolen
Project Type: Expansion
Industry Sector: Other
Truly Nolen, a Tucson- based pest control company, established a state-of-the-art training facility in Tucson. The company is expected to hire 70 employees. Economic impacts are estimated at $34.4 million.
International Towers
Project Type: Expansion
Industry Sector: A&D
International Towers Inc. manufactures and erects towers and antennas worldwide for broadcasters, cellular providers and governments. The company is expected to hire 130 employees. Economic impacts are estimated at $170 million.
Sun Corridor is also planning a site selectors guide conference for March 2017. After attending the Site Selectors Guild Conference, February 2016 in Nashville, TN, it has been busy planning initial strategies for committees, promotion, sponsorship, and further building on the relationships with the conference staff to make the Tucson event impactful and lasting. Attended by the top site selectors in the world, this gives us an opportunity to showcase our assets to this important audience of key decision makers for companies looking to relocate and expand their business operations.