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Prescott Valley officials describe strategy to grow high‑wage jobs, retail and local supply chains
Summary
Town economic development staff said they are targeting mid‑sized employers, building college‑to‑work pipelines and encouraging clustered retail growth; officials cited a local supplier expansion, a hospital land purchase and an expected Aldi site as developments to watch.
Prescott Valley economic development staff outlined a strategy on the PV in Focus podcast to attract mid‑sized, high‑wage employers, expand the town’s supplier base for the semiconductor industry and fill local retail gaps.
On the podcast, Ryan Judy, introduced in the program as deputy time manager, said the episode would focus on economic development and asked staff about the town’s priorities. Jamie Kerr, a member of Prescott Valley’s economic development team, described the town’s recruitment target and long‑term goals. "Economic development is the creation of high quality net new jobs for the community, sustainable jobs that will last for a couple of generations," Kerr said. "My target is anywhere from 25 to 50 employees per individual business." Kerr added that the town is pursuing companies likely to remain in the community for years rather than very large employers that could cause larger layoffs in a downturn.
Kerr said Prescott Valley is trying to plug into Arizona’s semiconductor supply chain. "We have TSMC, Intel, and up in…
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