Leonardo will invest about $ 100 million in the new plant, with a total economic benefit of $ 374 million over the next decade, San Corridor said.
Matthew Keegan, President and CEO of Leonardo Electronics US Inc, said the new large facility will support business growth across all major market segments. The region is one of the leading photonics technology hubs in the country.
University of Arizonas Wyant University of Optical Sciences is one of the country’s leading programs in the field of optics and photonics, which is an optical field including light generation, detection and processing for electronic devices and other applications.
UA Tech Park, located on South Rita Road, has two photonics companies, UA Tech Spin-off NP Photonics and Coherent Dilas Diode Laser, which manufacture fiber lasers and amplifiers.
In addition to the Sun Corridor, Leonardo project partners include Arizona Commerce Authority, Pima County, Oro Valley Town, Venture West, Trammelcrow, Smiths Group, and Santo Construction.
Joe Snell, President and Chief Executive Officer of San Corridor, not only attracts new businesses, but economic development is to help local businesses grow.
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