3D Barrier Bags Inc. expands with new manufacturing...
December 12, 2024The 22,000 square-foot facility of 3D Barrier Bags will be in the Chandler Airpark corridor CHANDLER, Ariz. (Dec. 12, 2024) — 3D Barrier Bags Inc., a leader in the production of customized, high-barrier foil bags, is excited to announce the opening of its new state-of-the-art manufacturing facility in Chandler, Arizona. Spanning 22,000 square feet, the […]
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Ambassador Event: The Future of Global Manufacturing
Greater Phoenix manufacturing leaders discussed workforce, sustainability and infrastructureGreater 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 shift back […]
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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. […]
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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 […]
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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 […]
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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 […]
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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, […]
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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 […]
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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, […]
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GPEC recognizes regional contributors for exemplary...
October 31, 2024Mayo Clinic, Sky Harbor Airport, Oscar De las salas, Bill Gates and Neil Irwin honored during GPEC’s 35-year anniversary event PHOENIX (Oct. 31, 2024) — During its 35-year anniversary event on Oct. 18, the Greater Phoenix Economic Council (GPEC) recognized regional leaders who have demonstrated exceptional service in impact, partnerships, collaboration and long-term dedication to […]
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