Biden-Harris Administration announces preliminary terms...

March 20, 2024

U.S. Department of Commerce proposes up to $8.5 billion in potential direct funding for Intel under President Biden’s Investing in America Agenda to support multiple projects in Arizona, New Mexico, Ohio, and Oregon Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Intel Corporation have reached a non-binding preliminary memorandum of terms […]

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A women speaks in front of a wall-mounted television displaying a slide from Resuture

Mayo Clinic and ASU MedTech Accelerator’s Fifth Cohort...

March 6, 2024

Mayo Clinic, ASU announce new MedTech Accelerator Cohort PHOENIX (March 6, 2024) — Mayo Clinic in Arizona and Arizona State University (ASU) are kicking off the fifth cohort of the MedTech Accelerator on March 17, 2024. The Accelerator brings together leaders in innovation from across the globe and healthcare industry to advance their products, knowledge […]

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Pentagon Technologies to build semiconductor equipment...

February 29, 2024

Representing more than $50 million in investment, the facility will create up to 300 new jobs MESA, Ariz. (Feb. 29, 2024) – Pentagon Technologies Group, Inc. (“Pentagon”, a wholly owned subsidiary of Kurita Water Industries Ltd.), a critical materials supplier of advanced chamber cleaning equipment consumables to leading-edge semiconductor foundries, today announced that it is […]

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TSMC Arizona achieves ‘topping’ milestone...

February 22, 2024

TSMC Arizona raised the final steel beam into place on its second Phoenix fab PHOENIX (Feb. 22, 2024) — Today, TSMC joined with its construction partners in a “topping out” ceremony — in which the last steel beam was raised into place — on the company’s second semiconductor fab in Phoenix, Arizona. This month, TSMC […]

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Wedgewood celebrates groundbreaking ceremony for new...

February 22, 2024

Wedgewood Pharmacy breaks ground on 90,000 square-foot veterinary pharmacy in Chandler CHANDLER, Ariz. (Feb. 22, 2024) — Today, Wedgewood, the nation’s leading provider of high-quality compounded medications for animals and the parent company of the new veterinary online pharmacy platform, Blue Rabbit, celebrated the groundbreaking ceremony for its new state-of-the-art facility in Chandler, Arizona. Mayor […]

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Peoria City Council approves Development Agreement,...

February 21, 2024

Amkor to build country’s largest outsourced semiconductor packaging and test facility in Peoria PEORIA, Ariz. (Feb. 20, 2024) — The Peoria City Council approved a Development Agreement with Tempe-based Amkor Technology, at the Tuesday night Regular Council Meeting, for the future location of their state-of-the-art advanced semiconductor packaging and test campus. Through the agreement Amkor […]

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On the left third, a tall sign with a picture of Tijuana and outline of the Mexico map announce the new American Airlines route between TIJ and Phoenix. To the right, four mariachi musicians play instruments.

American Airlines initiates service from Phoenix to...

February 15, 2024

Phoenix (PHX) is the only U.S. destination from Tijuana (TIJ) PHOENIX (Feb. 15, 2024) — America’s Friendliest Airport® is excited to announce the start of American Airlines’ new international service to Tijuana, Mexico. Daily, nonstop service from Phoenix to General Abelardo L. Rodríguez International Airport began Feb. 15, 2024. “Phoenix and Mexico share strong trade and tourism […]

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Four women sit in a 45-degree line smiling at an audience off-camera.

Ambassador Event: Site Selector Panel

Site selectors talk about top considerations for business expansion The priorities of companies seeking expansion are evolving. While cost remains important, it is no longer the primary need for many executives considering growth into different markets. Labor force, utility capacity, real estate availability and quality of life are increasingly important variables for these businesses.   A […]

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A group of 12 people bunch behind a purple ribbon with an oversized pair of red scissors to celebrate the grand opening of Saras Micro Devices.

Saras Micro Devices celebrates grand opening of new...

January 24, 2024

Saras Micro Devices seeks to support and leverage growing semiconductor and advanced packaging ecosystem in Greater Phoenix CHANDLER, ARIZ. (Jan. 24, 2024) — Saras Micro Devices, an emerging leader in cutting-edge power performance solutions leveraging integrated packaging design, today announced the grand opening of its new headquarters and state-of-the-art manufacturing facility in Chandler, Arizona. The […]

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A Zoom panel of 4 people poses for a photo. On the right two quadrants are two men and the left two are women.

Regional Report: 2024 Economic Snapshot

Arizona’s resiliency in 2023 sets the stage for moderate 2024 growth The economy in 2023 exceeded the expectations of many as growth continued in the United States through a variety of measurements including Growth Domestic Product (GDP) increase, inflation decrease and a healthy jobs level. Arizona and Greater Phoenix found prosperity with industrial growth tied […]

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