When you are home to the “World’s Oldest Continuous Rodeo” and were the stomping grounds of the legendary Western author, Zane Grey, your brand is probably more closely attached to cow chips rather than computer chips. But, Payson, AZ (population 13, 620), located 90 miles NE of Phoenix has moved from being a hick town to one that has embraced technology. And, many of the new companies are entrepreneurial ones that are homegrown.
Precision Intracast, Inc., an orthotics laboratory and manufacturing operation moved from high cost CA to Payson. The president of the company, Paul Rasmussen said, “Our business could have gone most anywhere. We came to Payson because it offered the ideal lifestyle for our family and our employees.” His response is one that I’m hearing repeatedly as I see more families and companies moving out of the rat race of bigger cities to places like Payson.
Other recent additions to Payson are: ILSC, a manufacturer of avionic digital processors; TGen, a bio-superstar: G-CRT, a company focused on the global transition to sustainable economies and ecosystems.
Economic Developer Scott Flake told me, “We are utilizing the “economic gardening” method of economic development along with the “hunt and kill” approach.”
I love that western terminology toward ED!
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