Wednesday, November 25, 2020 12:39 am

Phoenix eyes $100,000 incentive for defense firm’s expansion

By Mike Sunnucks | Rose Law Group Reporter

The city of Phoenix is considering a $100,000 incentive to help a defense electronics firm expanded its local footprint and 100 new advanced manufacturing jobs.

The Phoenix City Council is scheduled to vote Wednesday on the economic development incentive for Mercury Systems.

The Massachusetts-based company already has 290 employees at 36th Street and University Drive south of Phoenix Sky Harbor International Airport.

The company wants to expand into an adjacent 50,000 square foot building and add 100 local jobs.

The incentive entails the city paying Mercury Systems a $1,000 for each of job created that pays $50,000 or more with a $100,000 cap on the incentive.

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