Arizona could become an electric vehicle manufacturing hub
May 9, 2021 GMT
PHOENIX (AP) Can Lucid, Nikola and ElectraMeccanica turn Arizona into a major electric vehicle manufacturing hub?
“We have the potential to become a massive global leader in emerging auto manufacturing,” Chris Camacho, president and CEO of the Greater Phoenix Economic Council, told The Arizona Republic.
It’s happened before.
Nearly 40 years ago, the first Nissans rolled off an assembly line in Tennessee, helping to turn a largely rural state with modest manufacturing aspirations into an automotive powerhouse.
Tennessee now produces more than 800,000 cars and trucks annually and employs around 123,000 people, with three major auto brands and more than 900 parts suppliers.
HelloFresh SE: HelloFresh Expands West Coast Production and Distribution Capabilities With New Phoenix Facility
440,000 Square-Foot Facility Will Become HelloFresh s Largest US Distribution Center, Providing Up to 1,200 New Jobs For Local Community HelloFresh, America s leading meal kit company, announced today plans to open a new distribution center in Phoenix, Arizona. The nearly 440,000 square-foot facility located at 1850 South 71st Avenue will become the company s largest shipping and fulfillment center globally, supporting growing demand for HelloFresh meal kits and enabling HelloFresh to better serve new and existing customers on the West Coast.
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Operator
Greetings and welcome to the Pinnacle West Capital Corporation 2021 First Quarter Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Stefanie Layton, Director of Investor Relations. Thank you. You may begin.
Stefanie Layton
Director of Investor Relations
Thank you, Christine. I would like to thank everyone for participating in this conference call and webcast to review our first quarter 2021 earnings, recent developments and operating performance.
Our speakers today will be our Chairman and CEO, Jeff Guldner; and our CFO, Ted Geissler. Jim Hatfield, Chief Administrative Officer; Daniel Froetscher, APS President and COO; Barbara Lockwood, Senior Vice President, Public Policy; and Jacob Tetlow, Senior Vice President, Operations, are also here with us.
Keyboard distributor buys building, plans hiring in Chandler - Phoenix Business Journal bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Can Phoenix Become Americaâs Semiconductor Capital?
A close-up on what recent major investments mean for Greater Phoenix and its economy. Apr212021
Image courtesy of Dan Williams via Pixabay
Over the past 30 years, the share of global semiconductor manufacturing capacity in the U.S. has dropped from 37 percent to 12 percent, according to the Semiconductor Industry Association. In light of the global semiconductor shortage, however, the U.S. is becoming more aware of the need to strengthen its chip manufacturing ecosystem.
Thanks to a large existing cluster of industry-leading firms and recent major announcementsâsuch as Taiwan Semiconductor Manufacturing Co.âs $12 billion and Intel Corp.âs $20 billion chipmaking plantsâthe Greater Phoenix metro is poised to become a major player in Americaâs semiconductor manufacturing industry.