California businesses are heading to Arizona
Arizona is open for business, a fact becoming more apparent with each new company setting up shop in the state.
Arizona Governor Doug Ducey says, “burdensome regulations and crippling costs” are driving both large and small businesses to move to Arizona and take advantage of the state’s innovative-friendly regulation, low taxes, qualified workers and high quality of life.
“With a booming economy, budget surplus, talented workforce, low regulation and tax environment, and unbeatable quality of life, it’s no wonder business leaders increasingly want to come to Arizona,” Gov. Doug Ducey (R-AZ) said in a statement. “The word is out on Arizona. We are open for opportunity. And we will continue to implement smart policies that grow jobs and allow us to continue investing in the things that matter.”
For the last four years, Chief Executive Magazine has ranked Arizona in the top ten best states for business. California has continuously ranked last.
“Business is booming in Arizona,” said the report overview. “Amazon, Acronis, Valor Global and TEKsystems have announced expansions here in the past year, and Infosys will soon create an innovation hub in Phoenix that will hire 1,000 workers by 2023.”
Since 2015, 49 California companies have chosen to set up shop in Arizona, including ZipRecruiter, Stitch Fix, Apple and Google.