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Annual Report Greater Phoenix Economic Council Annual Report Fiscal Year 2019 #GreaterPHXtogether /// Greater Phoenix Greater Together #GreaterPHXtogether 2 Annual Report /// Fiscal Year 2019 A few words from the... President & CEO and the Chairman of the Board Over the last three years, the Greater Phoenix Economic Council (GPEC) has executed upon a strategic plan that was designed to increase equity, drive innovation, enhance collaboration and increase quality jobs. As we close FY19, we celebrate this year as GPEC and our community partners worked together to surpass our respective goals that are aimed at strategically putting Greater Phoenix on the map. The results are a direct reflection of our commitment to Greater Phoenix, but we humbly know Chris Camacho our work is never done. We will continue to collaborate with our President & CEO partners, business leaders and the community leading to a more GPEC prosperous region. GPEC continues to be a leader in the transformation of the region. It’s incredible to see the significant work that’s been accomplished through the public and private partnership that makes Greater Phoenix not only the fastest growing area in the country, but also one of the best places to work and live. This has been a remarkable year for Greater Phoenix, reaching Andy Warren milestones and breaking through barriers. We look forward to Chairman, GPEC Board of Directors continuing the momentum in 2020 and beyond. President, Maracay Homes 3 Our Mission To attract and grow quality businesses, and advocate for Greater Phoenix’s competitiveness. 4 Annual Report /// Fiscal Year 2019 Our Values The GPEC Way We are an inclusive, diverse family We are change agents We lead from the front We promote intellectual curiosity We remain on the edge We are tenacious We are agile and adapt to change We are committed to selfless service 5 Fiscal Year 2019 Action Plan Recap As we close the final year of our three-year strategic plan, we reflect on the FY19 strategies that directed our tactics and milestones. Together with GPEC’s 22 member communities and regional partners, these strategies guided our team to achieve the vision our action plan set forth while improving the regional economy and advancing the competitiveness of Greater Phoenix. Business Attraction Competitiveness Strategies: Strategies: • Attract more scalable enterprises in • Develop and deploy a regional advanced industries market intelligence system • Brand the region as a location of • Engage state and federal choice for FDI policymakers on new economic development competitiveness • Refine the consultative model with concepts a focus on specialized expertise and knowledge • Advocate for workforce development initiatives to support • Engage targeted audiences the growth of advanced industries through digital platforms to generate leads and establish GPEC • Promote innovation and as a thought leader commercialization to support an advanced industry ecosystem • Partner with cities to enhance local and regional infrastructure and • Lead collaboration across community preparedness peer organizations to leverage complementary assets and strengthen coordinated action 6 Annual Report /// Fiscal Year 2019 Fiscal Year 2019 Performance Metrics In FY19, GPEC met each of its respective goals, resulting in a record-breaking year for jobs and locates. Evaluation Criteria Contract Target Stretch Actual Result Locates1 50 Payroll Generated (millions) $380.15 $418.17 $480.89 $524.58 Stretch Average High-Wage-Salary $55,915 $62,128 $71,447 $71,466 Stretch Number of Jobs 7,434 8,177 9,404 8,791 Target Number of High-Wage Jobs 3,261 3,587 4,125 5,153 Stretch Qualified Prospects 229 252 277 277 Stretch International Prospects 38 42 46 53 Stretch GPEC Assists 10 12 14 14 Stretch Stakeholder Satisfaction 7 7.3 7.6 Stretch with Business Attraction2 8.7 Competitive Position Progress3 Stretch Cash Reserve 98% 100% 102% 200% Stretch Footnotes: 1 Locates number is not part of GPEC’s performance metrics. Included for information purposes only. 2 Based on a scale of 1 to 10. 3 See Competitive Position Progress Report. Results are determined by GPEC’s Performance Committee. 7 July 2018 - June 2019 GPEC Locates Index Company Municipality Jobs Index Company Municipality Jobs 1 GuardTop Phoenix 16 26 Urbix* Mesa 24 2 Apex* Tempe 10 27 Voya* Chandler 908 3 Site Solar Avondale 20 28 Z Modular* Chandler 150 4 Wayfair Phoenix 50 29 Zillow* Scottsdale 150 5 Rogers* Chandler 66 30 Synchronoss* Phoenix 110 6 Mesker Openings Group* Phoenix 30 31 Latexco US Holdings Phoenix 45 7 Andersen Corporation Goodyear 415 32 Red Bull/Rauch/Ball* Glendale 140 8 Creighton University* Phoenix 100 33 Sendoso* Scottsdale 100 9 Nationwide Insurance* Scottsdale 428 34 Imna Systems* Scottsdale 10 10 Anomalie Scottsdale 100 35 Lemonade* Scottsdale 50 11 Becton Dickinson* Tempe 150 36 Appzen* Tempe 102 Maricopa 12 AgJunction* 56 37 Fairlife Goodyear 140 County 13 Wag! Phoenix 220 38 United Foods International Phoenix 98 14 SMTC* Tempe 10 39 Project 7th** Phoenix 100 15 Cydcor Phoenix 50 40 The Nerdery* Phoenix 45 16 Piper Plastics* Mesa 75 41 Exotic Metals Forming Co.* Phoenix 200 17 Universal Electronics* Scottsdale 111 42 Sonny's Car Wash* Phoenix 32 18 Cives Steel* El Mirage 50 43 Deloitte* Gilbert 150 19 Allstate Chandler 2350 44 CarMax* Tempe 450 20 Diabnext* Scottsdale 20 45 Times Microwave Systems* Mesa 94 21 XPO* Goodyear 145 46 Spring Venture Group* Scottsdale 138 22 Arizona Isotopes* Goodyear 30 47 Mercedes Benz Goodyear 50 23 Frank Recruitment Group* Scottsdale 100 48 AKOS* Avondale 400 24 Project Arkan* ** Phoenix 327 49 Project Bloom* ** Phoenix 52 25 Aerocircular* Mesa 39 50 Integrated CBD* Phoenx 85 * Denotes High-Wage Project 8 Annual Report /// Fiscal Year 2019 ** Locates listed under project name have completed lease agreements, but not made formal announcements Manufacturing Goodyear, Arizona Information Finance & Insurance 415 Jobs • 546,000 Sq. Ft. Professional, Scientific & Tech Services Administrative & Support Services Las Vegass Minnesota-based Andersen Windows 40 Albuquerque Wickenburg Retail Trade opened a 500,000 sq. ft. manufacturing and 17 60 Transportation & Warehousing distribution facility in Goodyear. The project 30mi. NW Wholesale Trade will includeof Surprise up to $105 million in capital Educational Services investment and up to 415 jobs. 60 Construction Peoria Real Estate 24 101 9 17 Surprise Fountain 18 Hills El32 Mirage 101 101 17 12 303 Youngtown Scottsdale29 Glendale 8 51 46 10 Los 21 47 30 35 Angeles 37 48 Tolleson 40 33 20 26 6 34 202 31 1 50 16 Avondale3 38 Phoenix 42 11 4 15 44 Apache Buckeye Tempe Mesa 22 39 41 14 Junction Sky Harbor49 45 7 International 2 Airport 60 Goodyear 36 Gilbert Phoenix-Mesa 85 Gateway 202 13 5 25 Airport 43202 27 19 Chandler Queen 347 Creek 28 Tempe, Arizona 450 Jobs • 60,000 Sq. Ft. Gila Bend CarMax, the nation’s largest used car retailer, Distance in Miles chose 8Tempe for its West Coast Customer Maricopa 0 510 Experience Center. At full build out, 30mi. SW CarMaxof Buckeye plans to have approximately Casa Grande 450 jobs at this location. Chandler, Arizona San Diego Tucson 8 2,350 Jobs • 225,000 Sq. Ft. Insurance giant Allstate selected Chandler for a massive regional operations center. At full build out, Allstate plans to have 2,350 jobs at the facility. 9 Fiscal Year 2019 /// as of December 2019 Board of Directors Andy Warren Wendy Breuder Kevin Phelps The Hon. Cathy Carlat Chair Arizona Bank President & City Manager Mayor President Head of Corporate Real City of Glendale City of Peoria Maracay Homes Estate and Location Strategy MUFG Union Bank David Rousseau The Hon. Steve Chucri Jeff Guldner President County Supervisor, District 2 Vice Chair Michael Crow, Ph.D. Salt River Project Maricopa County Board of President President Supervisors APS Arizona State University Daniel Seiden Director of Arizona Doreen Cott Karrin Taylor Robson Steve Dodenhoff Government Affairs, Global Economic Development Secretary President Public Affairs Director Founder & President Insight North America Intel Town of Queen Creek Arizona Strategies Bennett Dorrance Jim Swanson The Hon. Jenn Daniels R. Neil Irwin Founding Partner President & CEO Mayor DMB Associates Treasurer Kitchell Town of Gilbert Founder The Irwin Companies John Graham Brad Vynalek Chris Denzin President Partner Vice President, Arizona Sunbelt Holdings Chris Camacho Quarles & Brady Operations President & CEO CenturyLink Greater Phoenix Derrick Hall Chris Zaharis Economic Council President Executive Vice President The Hon. Kate Gallego Arizona Diamondbacks Empire Southwest Mayor _________ City of Phoenix Sharon Harper Ed Zuercher President & CEO Don Garner Executive Committee: City Manager The Plaza Companies City of Phoenix CEO Alliance Bank of Arizona Ed Aaronson Chet Keizer _________ Vice President CEO Cox Communications The Hon. Bill Gates Chet Keizer Consultancy David Adame County Supervisor, District 3 Megan Ackaert President & CEO Chris Koch Maricopa County Executive Director, Chicanos Por La Causa President & CEO Board of Supervisors Regional Manager Carlisle Companies JPMorgan Chase Carson Brown Project Manager Kathleen K. André Kudelski Goeppinger, Ph.D. Jennifer Anderson W Holdings Chairman of the Board & President & CEO Executive Vice President, CEO Midwestern University Mountain Region Division Norman Butler Kudelski Group Manager Senior Vice President & Adam Goodman Wells Fargo Bank Market Executive Paul Luna Bank of America President President & CEO Goodmans Interior Steve Betts Merrill Lynch Helios Education Structures Founder & President Foundation Betts Real Estate Advisors Ronald Butler Managing Partner Richard Gray, M.D. Brian Mueller Ernst & Young CEO Chris Brady President Mayo Clinic City Manager Grand Canyon University City of Mesa 10 Annual Report /// Fiscal Year 2019 Maria The Hon. Georgia Lord Scott Phillips Communities Harper-Marinick, Ph.D. Mayor Vice President Chancellor City of Goodyear Carefree Partners Maricopa Community Mayors Colleges Jeff Lowe Jeff S. Pitcher Arizona Market President Partner Apache Junction – Jeff Serdy The Hon. Kevin Hartke MidFirst Bank Stinson Leonard Street Mayor Avondale – Kenn Weise City of Chandler Mike Madsen The Hon.
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