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Steve Lace Past President Tucson New Car Dealers Association

Xavier Manrique Senior VP, Arizona Regional Commercial Banking Office Wells Fargo Bank

Lace, who serves on the Blueprint Talent Committee, is VP of Royal Automotive Group & Lexus of Tucson. Lace is responsible for the operations of the company’s eight locations and seven new vehicle franchises. He sees a variety of new products and technological advances from automobile manufacturers continuing to grow, which will result in more niche products at reasonable price points. Lace is a former board member of Tucson Medical Center Foundation.

Vision for Economic Development

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Lawrence Mehren President & CEO Accelerate Diagnostics Vision for Economic Development

Frances McLane Merryman VP, Wealth Strategies Group The Northern Trust Company

With TREO’s focus on Southern Arizona’s economic expansion through the bioscience and solar industries and Wells Fargo’s involvement in funding for technology and science, Manrique is excited to serve as an Innovation liaison. Since 2007, Wells Fargo has funded $21 billion for clean technology nationwide, including solar and wind projects.

As a small company competing with multi-billion-dollar international giants, one of the most important competitive advantages is rapid innovation, Mehren said. And at the core of rapid innovation are people … great people. With them, Accelerate – and the region – can compete, win and build a leadership position in a valuable market, he said. Without them, we will struggle.

Vision for Economic Development

2014 Industry Outlook

2014 Industry Outlook

2014 Industry Outlook

Despite a challenging economy, Wells Fargo’s loans and deposits are experiencing strong growth, and credit quality continues to improve, according to Manrique. Increased small business optimism and a dramatic improvement in household net worth are additional positive signs of recovery. Housing is also showing strong momentum going into the future.

Our industry is being shaped by legislative, demographic and economic changes beyond our control. In the end, however, we believe that products that offer real solutions to critical problems will always find a ready market. Our products do just that, and combined with a great team, an innovative pipeline and solid investor support, we are confident that the future for Accelerate Diagnostics is bright.

Northern Trust achieved its objectives of growing and improving productivity in 2013, allowing for a stronger financial future. The financial markets in general, she reported, are projected to show steady and stronger growth in the coming year, assuming political discord in the U.S. government does not result in another standoff. The European economy is expected to show a slow recovery, and China’s growth data has improved in recent months.

Winter 2014

Merryman serves as an Education liaison because she believes that providing an outstanding educational environment is critical in developing a qualified workforce to fill 21st century jobs and raising the wealth of our region. The communities that can educate, attract and retain human capital will come out ahead.

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The Tucson Region's Business Magazine

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The Tucson Region's Business Magazine