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Tempe’s knowledge-based environment
attracts a variety of industries that require creative class workers, as
well as companies that serve typical residential needs. Tempe’s business
targets include the companies that will generate the new products and ideas
of tomorrow as well as those that keep us healthy and satisfied today.
Advanced Business Services
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More than 3,000 finance, insurance and
real estate companies and 7,200 service-based business firms operate in
the metropolitan area
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The average employee makes more than
$37,000 annually
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Top advanced business services
providers in Tempe include JP Morgan Chase Bank, Wells Fargo Loan Services
and DHL
Aerospace
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About 150 aerospace manufacturing and
850 non-manufacturing companies operate in the metropolitan area
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The aerospace industry employs 55,000
people who earn an average of $48,000
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Top aerospace companies include
Triumph and US Airways.
Biotechnology
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About 300 technology-based firms call
Tempe home, with the average employee earning $50,000 annually
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Arizona State University, located in
Tempe, leads advances in world-wide research
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The Arizona Biodesign Institute which
opened in December 2004 provides 170,000 square feet of lab
and research space for Biologics and Therapeutics and Nano-Bio Systems
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Top biotech firms in Tempe include
Orthologic and Medtronics
High technology
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Tempe employs 11,000 high technology
workers, 30 percent higher than the metropolitan area
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The average employee earns about
$66,000 annually
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Arizona State University Research Park
provides a corporate research setting
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ASU is the state’s technology transfer
leader with more than 325 inventions recorded
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Motorola, Microchip Technology and
Calence are based in Tempe
Retail
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Downtown Tempe offers more than 175
restaurants, boutiques and nightclubs
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Arizona Mills Mall provides about 175
outlet stores and entertainment options
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The Elliot Road Corridor is a haven
for big-box and lifestyle shopping centers
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IKEA’s only Southwestern store, outside
California, opened in Tempe in fall 2004
Tourism
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Tempe consistently enjoys the highest
hotel occupancy in the state
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Tempe Convention and Visitors Bureau
markets tourism industry in Tempe
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330 days of sunshine and more than 100
special events annually
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