Aerospace & Defense

ENHANCING AEROSPACE & DEFENSE
COMPANIES’ SUCCESS

Qualified Facility tax credit program

The Qualified Facility program offers a refundable income tax credit for companies making capital investments to establish or expand facilities.

Quality jobs tax credit program

Provides up to $9,000 of income or premium tax credits over a three-year period for each net new job to the state and concurrent qualifying capital expenditures.

Additional Depreciation program

Accelerates depreciation to substantially reduce business personal property taxes.

Research & Development tax credit program

The R&D tax credit provides an Arizona income tax credit for increased research and development activities conducted in this state.

Foreign Trade Zone tax credit program

Businesses, located in a zone or sub-zone are eligible for up to an 80 percent reduction in state real and personal property taxes.

Military Reuse Zone tax credit program

If a project is located in an MRZ, it may qualify for tax credits, a TPT exemption or property reclassification.

Public Infrastructure Funding Program for Manufacturing

Provides manufacturers a means of mitigating infrastructure costs by allowing construction Transaction Privilege Tax (sales tax) dollars to be redirected toward public infrastructure costs.

ARIZONA MANUFACTURING EXTENSION PARTNERSHIP

The National Institute of Standards and Technology Manufacturing Extension Partnership joined the ACA to create the Arizona Manufacturing Extension Partnership (Arizona MEP). With the mission to make every Arizona manufacturer the most successful business it can be, Arizona MEP is dedicated to providing business and technical services to manufacturers in the state. Manufacturing and business experts offer customized solutions and hands-on assistance to help aerospace & defense manufacturers integrate into the Arizona manufacturers’ ecosystem through assistance with construction project management, staffing services, lean operations, safety programs, AS9100/ISO 9001 certification and supply chain solutions.

SKILLBRIDGE

Arizona’s statewide SkillBridge partnership, which is free to employers, allows service members who are within six months of separation from the military to complete internships and pre-apprenticeships with approved civilian employers prior to transitioning out of the military. SkillBridge prepares the thousands of Arizona-based service members who separate from the military each year to put their diverse training and skills to use in the private sector while also providing an additional source of highly-qualified talent to Arizona employers.

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