| As the state capital of Arizona, many residents in the area are employed by the government. Arizona State University has also enhanced the area's population through education and its growing research capabilities.
Phoenix is currently home to seven Fortune 1000 companies: waste management company Allied Waste, electronics corporation Avnet, Apollo Group (which operates the University of Phoenix), mining company Freeport-McMoRan (recently merged with Phoenix based Phelps Dodge), retailer PetSmart, energy supplier Pinnacle West and retailer CSK Auto. Honeywell's Aerospace division is headquartered in Phoenix, and the valley hosts many of their avionics and mechanical facilities.
Intel has one of their largest sites here, employing about 10,000 employees and 3 chip manufacturing fabs, including the $3 billion state-of-the-art 300 mm and 45 nm Fab 32. American Express hosts their financial transactions, customer information, and their entire website in Phoenix. The city is also home to the headquarters of U-HAUL International, a rental company and moving supply store, as well Best Western, a hotel chain. Mesa Air Group, a regional airline group, is headquartered in Phoenix. The military has a significant presence in Phoenix with Luke Air Force Base located in the western suburbs. Phoenix Info Source
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