PHOENIX, Oct. 28 /PRNewswire/ -- The Arizona Commerce Authority looks forward to welcoming attendees to Aviation Week's Aerospace and Defense Supply Chain Conference being held at the Arizona Biltmore November 1-3, 2010. The Aerospace and Defense industries together represent one of the largest sectors of Arizona's economy with an $8.8 billion gross state product providing more than 93,800 jobs.
"Arizona is renowned for its strength and rich history in aviation and aerospace," said Rob Morton of the Arizona Commerce Authority. "The state's affordable business costs, relatively low taxes, and competitive regulations have made it home to many of the Aerospace and Defense industry's top companies. The Arizona Commerce Authority's mission is to attract corporations looking for a better operating environment and a better place to collaborate and grow. We are privileged to host industry leaders at the Arizona Biltmore."
On October 25, 2010 Boeing announced $247 million in new aerospace and defense business in Arizona. The company will begin initial production of the U.S. Army's AH-64D Apache Block III helicopter, the most advanced multi-role combat helicopter in the world.
"Since the early 1980s, Boeing has successfully produced helicopters and developed new technologies in Arizona," said Tony Ham, Boeing Mesa site leader. "With the recently announced contract award for Apache Block III production, and additional work on other programs, our company leaders anticipate a continued and growing relationship with the people and industry within the state." For more on the Boeing announcement visit http://tinyurl.com/BoeingArizona.
The Arizona Commerce Authority works with private companies to identify and leverage incentives offered by the state as well as local communities and municipalities. Representatives from the Arizona Commerce Authority will be at the Arizona Biltmore throughout the conference. For more information on the conference visit: http://www.aviationweek.com/events/current/adsupply/index.htm.
About the Arizona Commerce Authority
The Arizona Commerce Authority, formerly the Arizona Department of Commerce, is dedicated to welcoming businesses to Arizona and encouraging the expansion of existing businesses in the State. The agency maintains foreign trade offices in Asia, Europe and Mexico. The Arizona Commerce Authority plays a leading role in promoting the Aerospace and Defense industry in Arizona.
SOURCE Arizona Commerce Authority