Ambassador Event: The Future of Global Manufacturing
Greater Phoenix manufacturing leaders discussed workforce, sustainability and infrastructure Greater Phoenix has emerged as a central spoke of the United States’ manufacturing ecosystem since the Great Recession, playing a key role in national reshoring efforts. In the region, manufacturing saw employment growth 3.5 times larger than that of the national average from 2013-23. As companies […]
View Post »Intel, Biden-Harris Administration finalize $7.86 billion...
November 26, 2024Award to support Intel’s $100 billion investment plans to expand American semiconductor manufacturing and technology leadership The U.S. Department of Commerce has awarded Intel up to $7.86 billion in direct funding through the U.S. CHIPS and Science Act to advance Intel’s commercial semiconductor manufacturing and advanced packaging projects in Arizona, New Mexico, Ohio and Oregon. […]
View Post »ASU and Deca Technologies selected to lead $100M SHIELD...
November 21, 2024ASU and Deca Technology to receive federal funding to drive domestic microchip packaging innovation through the SHIELD USA project TEMPE, Ariz. (Nov. 21, 2024) — The National Institute of Standards and Technology — part of the U.S. Department of Commerce — announced today that it plans to award as much as $100 million to Arizona […]
View Post »Autostore and Bastian Solutions expand automated fulfillment...
November 20, 2024AutoStore, Bastian Solutions and PUMA celebrated the grand opening alongside Arizona Governor Katie Hobbs, the City of Glendale, the Arizona Commerce Authority and Greater Phoenix Economic Council GLENDALE, Ariz. (Nov. 20, 2024) — AutoStore™ and systems integrator Bastian Solutions have once again partnered with global sports brand PUMA. Today, they announced an expansion of their […]
View Post »What does a changing Federal Funds rate mean for the...
Exploring the impact of federal rate changes on interest rates and consumer spending By Kristen Stephenson Last year, GPEC launched the Economic Monitor, a comprehensive web tool designed to provide timely, actionable insights into the state of the economy. Through an exploration of key economic indicators, the Economic Monitor offers a concise picture of health […]
View Post »Building the arts and culture ecosystem while leveraging...
Greater Phoenix’s arts and culture industry grows the economy and provides alternative options for wealth planning It has been well-established that arts and culture are significant contributors to a region’s economy. The sector, which added $14.2 billion to the Arizona economy in 2022 — 3% of the state’s GDP — while employing nearly 85,000 people, […]
View Post »Biden-Harris Administration Announces CHIPS Incentives...
November 15, 2024CHIPS Act investment incentivizes creation of leading-edge cluster in Phoenix with over 20,000 jobs; includes commitment to produce A16 technology Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded TSMC Arizona Corporation (TSMC Arizona), a subsidiary of Taiwan Semiconductor Manufacturing Company Limited (TSMC), up to $6.6 billion in direct funding under the […]
View Post »Loloft debuts new Phoenix location, launches corporate...
November 7, 2024Industrial coworking space Loloft’s new Phoenix facility will cater to corporations, startups and entrepreneurs Phoenix (Nov. 6, 2024) – Loloft, the pioneer of industrial coworking, proudly announces the opening of its new 51,902 sq. ft. facility in Phoenix’s Cotton Center Business Park. This dynamic space offers a seamless blend of warehousing, private offices, coworking areas, […]
View Post »Rehrig Pacific opens 264,000 sq. ft. state-of-the-art...
October 28, 2024Rehrig Pacific’s new Buckeye facility, on a 35-acre site, offers the company room for growth BUCKEYE, Ariz. (Oct. 26, 2024) — Rehrig Pacific, a leading manufacturer of integrated sustainable solutions for the supply chain and environmental waste industries is celebrating the grand opening of their state-of-the-art manufacturing facility in Buckeye, AZ. This highlights the dedicated […]
View Post »Sunlit Chemical expands global reach with US facility...
October 23, 2024Taiwan’s leading semiconductor supplier strengthens U.S. semiconductor supply chain with new plant PHOENIX (Oct. 23, 2024) – Sunlit Fluo & Chemical Co. Ltd., Taiwan’s premier semiconductor chemical supplier, is expanding its international footprint with the grand opening of its first manufacturing facility outside of Asia – Sunlit Arizona, LLC. The new state-of-the-art plant, strategically located […]
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