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BUSINESS
July 2, 1992 | From Times Staff and Wire Reports
Arizona Moves to Keep Defense Jobs: Officials billed new legislation as the first benefits package offered by any state designed specifically to attract and retain defense manufacturers. Effective July, 1993, the state will offer up to $2,500 in first-year corporate income tax credits for each defense employee added to a company's Arizona payroll. Defense employers will also get up to 40% property tax credits by adding jobs at Arizona plants. Pushed by Gov.
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BUSINESS
July 2, 1992 | From Times Staff and Wire Reports
Arizona Moves to Keep Defense Jobs: Officials billed new legislation as the first benefits package offered by any state designed specifically to attract and retain defense manufacturers. Effective July, 1993, the state will offer up to $2,500 in first-year corporate income tax credits for each defense employee added to a company's Arizona payroll. Defense employers will also get up to 40% property tax credits by adding jobs at Arizona plants. Pushed by Gov.
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NEWS
May 16, 1991 | JONATHAN PETERSON, TIMES STAFF WRITER
In a city battered by years of bad news, the April Fool's hoax hit a raw nerve: Japanese businessmen had bought the Suns basketball team, went the tongue-in-cheek radio report, and they would soon haul it off to San Diego. Stunned listeners bombarded station KMXX-FM with calls. The tale--seemingly the latest in a litany of bankruptcy, political scandal and economic travail to rock this once-booming desert metropolis--had, you might say, an aura of reality.
NEWS
May 16, 1991 | JONATHAN PETERSON, TIMES STAFF WRITER
In a city battered by years of bad news, the April Fool's hoax hit a raw nerve: Japanese businessmen had bought the Suns basketball team, went the tongue-in-cheek radio report, and they would soon haul it off to San Diego. Stunned listeners bombarded station KMXX-FM with calls. The tale--seemingly the latest in a litany of bankruptcy, political scandal and economic travail to rock this once-booming desert metropolis--had, you might say, an aura of reality.
BUSINESS
March 8, 1985
A corporate headquarters move and expansion of assembly facilities will boost the firm's employment in Arizona to 7,000 from 2,000 in five years, Hughes President Jack G. Real said. He made the comments at ground-breaking ceremonies for a 1.3-million-square-foot addition of office, lab and assembly facilities in Mesa, Ariz. Hughes Helicopters, which dedicated the existing facility in 1982, now builds AH-4A Apache attack helicopters in Mesa.
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