The city of Phoenix is on the verge of landing 1,000 new jobs and a $23.7 million expansion of Farmers Insurance Exchange in North Phoenix. The city of will invest $500,000 in workforce training funds. Phoenix was selected after a multi-state site selection competition. The win is an expansion of the company’s 500-employee workforce in the Valley, but existing and new employees will move to the new building at Pinnacle Peak Road and Interstate 17.

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