SOURCE: Group C Media

January 30, 2014 17:01 ET

Mesa, Arizona Apple Project Wins Business Facilities' 2013 Deal of the Year

TINTON FALLS, NJ--(Marketwired - Jan 30, 2014) - Business Facilities (BF), the premier print and online resource for corporate executives charged with relocating or expanding their companies, has announced the winner of its 2013 Economic Development Deal of the Year competition.

The recipient of BF's 2013 Economic Development Deal of the Year Gold Award is a huge solar panel plant in Mesa, AZ that did not survive the slump in global panel prices. It will be transformed into an advanced manufacturing facility for tech giant Apple in a $1.5-billion project. The winner of the top award emerged from a collaborative effort between Greater Phoenix Economic Council (GPEC), the Arizona Commerce Authority (ACA), DMB Associates, Salt River Project (SRP), Maricopa County and the City of Mesa.

This highly cooperative team worked with Apple on their purchase of the former First Solar facility, a 1.2-million-square-foot building located on 83 acres near Phoenix-Mesa Gateway Airport. The Apple manufacturing facility will create 700 jobs with average salaries of $45,000 as well as 1,300 construction jobs, creating an overall economic impact for the region of $1.33 billion.

"Our Deal of the Year Gold Award winner is a game-changer for Apple and Arizona," said BF Editor in Chief Jack Rogers. "Arizona's team moved quickly to put together an attractive package that put the Mesa site front and center as Apple considered locations for its renewed commitment to U.S. manufacturing."

"This deal puts Greater Phoenix on the map as a leading high-tech hub," Rogers added.

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Founded in 1906, American Business Media is the association of business information providers, delivering business intelligence to industry professionals worldwide, including Madison Avenue, Wall Street and the Beltway. Its 300 plus member companies reach an audience of more than 100 million professionals and represent nearly 6,000 print and online titles and over 1,000 trade shows, with well over $26 billion in annual revenues.

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