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Business & Financial Services

MOVING AT THE SPEED OF BUSINESS

Composed of four categories including business and support services, finance, insurance and data centers, Arizona's business and financial services sector is among the top in the nation. The state’s stable climate, reliable energy and pro-innovation policies allow industry to thrive and pave the way for future technologies. 

AND MANY MORE

 

 

INDUSTRY HIGHLIGHTS

TOP 2

Data Center Market:
Metro Phoenix
JLL North American Data Center Report, 2024

TOP 3

State for Highest Financial Industry Concentration
Lightcast, 2024

TOP 3

State for Inventory Growth in the Primary Data Center Market Since 2020
CBRE, 2024

INSIDE THE SANDBOX

Arizona was the first state in the nation to launch FinTech and PropTech Sandboxes. These influential platforms cut red tape and enable industry disruptors to drive innovation and collaborate.

Strengths

TOP BUSINESS & FINANCE TALENT

Arizona’s business & financial services talent pool is growing. With top-ranked universities and resources designed for success, the state’s workforce is equipped to excel now and in the future.

DISCOVER TALENT

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Business & Financial Services News

1/21/2026
DSV Breaks Ground On New Arizona Regional Headquarters In Mesa

MESA, AZ (January 21, 2026) – DSV today broke ground on its new Arizona regional headquarters in Mesa. The $14.5 million investment supports Arizona's high-growth industrial sectors with a 950,000-square-foot facility that will serve as a hub for DSV customers and house all service offerings, including air, sea, and road transport, and contract logistics, including inventory management solutions, with plans to employ a maximum capacity of approximately 160 employees. The groundbreaking ceremony featured key executives from DSV, their customers, and partners including the Arizona Commerce Authority, Greater Phoenix Economic Council, and City of Mesa leaders.

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1/21/2026
ERMCO To Open New Manufacturing Facility In Maricopa County

MARICOPA COUNTY, AZ (January 21, 2026) – Electric Research and Manufacturing Cooperative, Inc. (ERMCO), a leading manufacturer of distribution transformers, today announced it will open a new manufacturing facility in Maricopa County, Arizona. This strategic expansion marks a bold step in ERMCO’s mission to be the Industry’s Most Valued Partner and reflects the company’s commitment to innovation, growth, and community engagement. The investment will create more than 500 new jobs. Located in Waddell, approximately 30 miles west of Phoenix, the Arizona facility will expand ERMCO’s Three-Phase transformer production capabilities and create opportunities to explore new manufacturing options.

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