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
Data Center Market:
Metro Phoenix
JLL North American Data Center Report, 2024
State for Highest Finance Industry Concentration
Lightcast, 2025
Best Job Creation Rate: Arizona
SimplifyLLC, 2025
State for Highest Finacial and Insurance Industry Concentration
Lightcast, 2025
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.
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.
Business & Financial Services News
ELOY, AZ (September 17, 2026) — The City of Eloy celebrated the ribbon cutting of Freeberg Industrial Fabrication's new 160,000-square-foot manufacturing facility on Wednesday, September 16, a site that more than doubles the company’s total footprint. At the new site, Freeberg will assemble reciprocating engine power generation packages and other large-scale electro-mechanical systems. The company has already hired 40 employees at its Eloy facility and expects to reach about 75 by the end of 2026 and 200 by the end of 2027.
READ MORE about Freeberg Industrial Fabrication Celebrates Grand Opening Of Manufacturing Facility In Eloy »MESA, AZ (September 9, 2026) - Cyclic Materials, an advanced recycling company creating a circular supply chain for rare earth elements and other critical materials, today celebrated the grand opening of its first commercial-scale rare earth magnet recycling facility in Mesa, Arizona, marking a major milestone in building America’s domestic supply of rare earths and critical minerals. Representing an over $30 million investment, the facility is expected to create more than 25 new jobs initially.
READ MORE about Cyclic Materials Celebrates Grand Opening Of Commercial-Scale Rare Earth Magnet Recycling Facility In Mesa »