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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. 

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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

5/7/2026
United Foods International Celebrates Grand Opening of New Manufacturing Facility In Phoenix

PHOENIX, AZ (May 7, 2026) – United Foods International (UFI), alongside the City of Phoenix, state and local leaders, and regional partners today celebrated the grand opening of UFI’s new 126,000-square-foot manufacturing facility at the Envision Dobbins 202 West Industrial Park in Phoenix, Arizona. The state-of-the-art facility will allow UFI to double its liquid production in Arizona and expand its capabilities to meet growing demand for custom food ingredient solutions. The new facility will be capable of processing 8 million gallons of liquid products annually, increasing the total liquid production capability in Arizona to over 13 million gallons per year. Once fully operational, the facility is expected to employ up to 100 people. 

READ MORE about United Foods International Celebrates Grand Opening of New Manufacturing Facility In Phoenix »
5/6/2026
Governor Hobbs Joins Arizona Western College and ACA To Open Future48 Workforce Accelerator In Yuma County

WELLTON, AZ (May 6, 2026) – Today, Arizona Western Entrepreneurial College officially opened the Future48 Workforce Accelerator in Yuma County, a 5,600-square-foot facility designed to expand hands-on training in high-demand industries. To celebrate the event, Arizona Western College (AWC) leadership was joined by Arizona Governor Katie Hobbs, the Arizona Commerce Authority (ACA), local government, academic leaders, and construction partners. The Accelerator is supported by a $3.6 million investment from the ACA to design, construct, and equip the facility, positioning Wellton and AWC as a key hub for workforce innovation in the region.

READ MORE about Governor Hobbs Joins Arizona Western College and ACA To Open Future48 Workforce Accelerator In Yuma County »
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