Arizona is a manufacturing friendly state. And that’s not an accident.
Here are the top three reasons why:
1. We have one of the lowest costs of doing business in the United States because of low taxes and small state government. The national average of per capita income going to taxes is 9.9 percent. Here it’s only 8.4 percent. And our taxes on property, gas, and personal income are low compared to the rest of the country.
2. Arizona’s nationally known as a top state for workforce quality and availability, ranking #2 in the country and #1 in higher education degree opportunities.
3. Arizona’s solid reputation and assertive stance on innovation led Fast Company magazine to rank it #1 in the country for entrepreneurial activity, attracting even more of the nation’s – and the world’s – biggest thinkers.
There is also no franchise tax, no business inventory tax, and no estate tax. We’re the only state that’s bordered by two of the world’s largest economies – California (#8) and Mexico (#15) - and within a stone's throw of a third: Texas (#12).
PCM passes these cost benefits on to our customers. Along with our focus on specialization, experience, and execution, they help us consistently deliver high quality, low cost injection molding.
Want more articles like this? Become a subscriber.