The other reason, Melcher says, has to do with Oro Valley’s ironclad commitment to its economic growth. “When you have employers like Roche Tissue Diagnostics, Honeywell, and Leonardo Electronics US Inc., [the company has purchased 12 acres in Oro Valley’s Innovation Park and is planning the construction of a new state-of-the-art semiconductor laser manufacturing facility], I think it speaks very highly of the community and its opportunities,” he says. “The bottom line is that we have assets in place that underlie people’s decision for moving here—not only for the natural beauty and amenities, but also because it’s a great place to work.”
One key industry sector that’s helping brand Oro Valley’s economic identity is aerospace. Honeywell Aerospace and Meggitt—a worldwide leader in aerospace, defense and various energy markets—are just two of the largest companies located in the valley.
“Also, when you consider the addition of Leonardo Electronics US to the mix of aerospace, it gives us an additional boost,” Melcher notes. “With Leonardo’s laser guidance systems and military applications, I think it’s another great addition to the military/aerospace cluster that’s already in place here.”
Another aspect of Melcher’s team’s focus is on future growth in “clean industry” clusters. As he points out, there currently are 19 sites in development for what he terms as “light-tech uses.”
“We’re utilizing the University of Arizona Center for Innovation’s incubator that’s available to us here in Oro Valley,” he explains. “Currently, there are four tenants in the incubator that are working on creating new bioscience-oriented businesses. Once they’ve graduated from the incubation stage, we’re looking at transitioning those businesses, to keep them here in the Oro Valley. One of our roles is to help develop a soft landing for those businesses, and then recruit other businesses to fill their spots in the incubator.”
Of course, one of the most important factors in fostering the further growth and development of Oro Valley’s economic profile is the strength of the community’s “human” capital—its potential pool of residents who can fill these very specialized jobs. Melcher points to the area’s strong workforce demographics, with statistics that indicate a far higher than average percent of residents with bachelor’s and advanced degrees in tech-related fields.
“We know that we have a really solid foundation in bioscience, aerospace and the emerging tech clusters, especially when you look at high-tech and the very tech-skilled talent pool from which we can develop those clusters,” he points out.