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CHANDLER ECONOMIC DEVELOPMENT UPDATE : SEPTEMBER 4, 2019
H.E.R.O.S. Inc. Relocates Its Headquarters to Chandler

H.E.R.O.S. Inc., an industry leader in repairing and overhauling helicopter engines, is relocating its headquarters from Santa Clarita, Calif. to Chandler, Ariz. The company will occupy nearly 19,000-square-feet of industrial space at 10 Chandler, located at 560 N. 54th St. H.E.R.O.S. Inc. plans to create 25 new jobs in the Chandler community and expects to be fully operational by the winter of 2019.
 
"Over the past year, we've explored several buildings and opportunities. In the end, we found our home in Chandler. The City of Chandler provides excellent business opportunities and has a deep footprint of aviation industries," says Raffi Kajberouni, Vice President at H.E.R.O.S. Inc. "We're excited to be part of that elite group of businesses that are succeeding in Chandler!"

"We are happy to welcome H.E.R.O.S. to the West Chandler employment corridor and our thriving business community," stated Chandler Mayor Kevin Hartke. "They will have access to a talented workforce and we wish them many years of success in Chandler."

Kajberouni touted Arizona's talent pipeline, favorable tax rates and low operational costs as reasons that persuaded the company to leave Santa Clarita after more than 30 years in the market. With significant cost savings, moving its headquarters to Chandler allows the company to efficiently scale and enhance operations, while still being accessible and committed to its broad customer base. 


ICYMI: Basha High School Training Arizona's Next Generation of Cybersecurity Techs

Chandler Unified School District, Chandler-Gilbert Community College and the University of Arizona have created a pathway for local high school students interested in acquiring the skills and credentials to land in-demand cybersecurity careers. The high school side of this partnership was recently profiled on  azfamily.com. Watch the video below for an inside look at Basha High School's cybersecurity academy, the  Institute of Cyber Operations and Networking (ICON).

Cybersecurity Program-Basha High School

Isola Announces New Headquarters Location in Chandler with 118,000 Square Foot Lease

Isola Group has completed a 118,000-square-foot lease to remain in Chandler and relocate its headquarters, R&D and manufacturing operations. The company will be moving into a newly constructed industrial building at the Lotus Project, which is located near Kyrene Road and the Loop 202 at 6565 W. Frye Rd.

Isola Group is a market leader in copper-clad laminates and dielectric prepreg materials used to fabricate advanced multilayer printed circuit boards (PCBs) .  The new state-of-the-art facility will be optimized for the quick-turn PCB market that drives much of the product innovation in North America.

"The finalization of the lease agreement and the build-out of our new facility will allow us to optimize our ability to serve the evolving electronics market in North America as it continues to shift from volume manufacturing to low volume, high customization," said Travis Kelly, Executive Vice Chairman and CEO of Isola  (Global Chief Operating Officer of Cerberus Operations and Advisory Company) .

The facility, which will consolidate Isola's headquarters, R&D and manufacturing capability, is expected to open in multiple phases starting in October 2019.  Isola will continue to work closely with its customers and distributors in managing the transition period to the new facility and maintaining the highest level of customer service.

"Isola has been one of Chandler's long-standing technology employers and we are thrilled that their new headquarters and operational facility will remain in our community. It has been a pleasure working with Isola throughout the site selection process and we wish them many more years of success," said  Chandler Mayor Kevin Hartke .

You're Invited: Second Annual "The Startup Connection" Hosted by Chandler Innovations

RSVP now for the second annual The Startup Connection, hosted by Chandler Innovations. The two-day event will be held on Sep. 20-21 in Downtown Chandler. Friday will include a kickoff reception at Flix Brewhouse with a keynote speaker, pitch event and cocktails. Saturday's program will include a full day of workshops at Chandler Innovations Incubator, located at 249 E. Chicago St. Attendees will also have the opportunity to connect with organizations that provide services and assistance to small businesses.

Visit innovationsincubator.com for more information. RSVPs must be received by Sep. 17.
ICYMI: Inside the City Where Waymo Tests
Self-Driving Vehicles

CNBC recently visited our community for a piece on Waymo's self-driving vehicle operations in Chandler. Watch the video to learn more about the company's history, current initiatives, and how the City and State of Arizona have supported Waymo in testing self-driving technology on our roadways.

Inside The City Where Waymo Tests Self-Driving Vehicles

Register Now: Free Workshop on Raising Capital for Small Businesses

Chandler small business owners are invited to attend a free workshop on raising capital organized by the Arizona Small Business Development Center. The event will be held on Tuesday, Sep. 24, from 9 a.m. to 12 p.m., at the ASU Chandler Innovation Center.  The program will cover basic information about commercial loans, including types, sources and how to prepare for lending requests. Attendees will also hear from a  panel of lenders and have the opportunity to meet each panelist and discuss their products and services.

Speakers:
Josh Flake - Four Peaks Lending
Jason Silbaugh - Chase Bank
Jared Shintaku - Pinnacle Bank
Delia Gomez - SBA
Rachel Burgoyne - DreamSpring
Jennifer Rogers - BDFC
Chris Flowers - Horizon Community Bank

Co-Sponsors: AZSBDC, City of Chandler, and SBA  

Register Online
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Events
City Council
Study Session
September 9, 2019
6 p.m.
88 E. Chicago St.
Council Chambers

City Council
Regular Meeting
September 12, 2019
6 p.m.
88 E. Chicago St.
Council Chambers

The Startup Connection
September 20, 20 1 9
5:30 - 8:00 p.m.
Flix Brewhouse Chandler
1 W. Chandler Bl.

The Startup Connection
September 21, 20 1 9
8:15 a.m. - 4:00 p.m.
Innovations Incubator
249 E. Chicago St.

AZSBDC Workshop
Raising Capital - Funding Basics and Lender Insights
September 24, 20 1 9
9 a.m. - 12:00 p.m.
ASU Chandler Innovation Center
249 E. Chicago St.