Thursday, June 28, 2012

Phoenix mayor: Just say ?No? to border-jumping companies

photo KEN ELKINS

Members of the Phoenix delegation are, from left, Jim Lundy, chief executive of Alliance Bank of Arizona; Barry Broome of Greater Phoenix Economic Council; Donald Smith Jr., president and chief executive of SCF Arizona; and Phoenix Mayor Greg Stanton.

When Phoenix Mayor Greg Stanton is confronted with a corporation that wants to change cities for the sake of incentives, he just says, ?No.?

?We?ve got to behave as a singular economic unit,? Stanton says, referring to the communities in Arizona that are members of the Greater Phoenix Economic Council?

Stanton and a Phoenix delegation were in Charlotte on Thursday, speaking to members of the Charlotte Regional Partnership?

Often Phoenix-area companies try to get Arizona communities to compete by offering them incentives for corporate headquarters and manufacturing operations, Stanton says.

He says the other regional mayors, including the mayor of nearby Scottsdale, Ariz., have agreed not to offer those companies competing packages.

Often such incentives competitions have divided Charlotte region communities as companies seek corporate incentives to jump the Carolinas borders. Stanton acknowledged the border between North Carolina and South Carolina would make such an agreement among communities difficult here.

The Phoenix delegation came to town after both Charlotte and Phoenix were ranked highly in the Development Counsellor?s International location-advisers survey. Phoenix was No. 1 in the survey and Charlotte No. 3.

Ken Elkins covers manufacturing, international business and economic development for the Charlotte Business Journal.

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