Ryan Companies breaks ground on Phase Two of 17 North...
January 7, 2025Industrial complex located eight miles from TSMC Arizona, offers attractive option in Deer Valley submarket of Phoenix PHOENIX (Jan. 7, 2025) — Ryan Companies US, Inc., a national commercial real estate solutions provider, and Standard Real Estate Investments, LP have formed a joint venture and announce today the financial closing and beginning of construction on […]
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Axon HQ project critical for Arizona jobs and economy
Axon’s global headquarters would provide an estimated $40 billion in economic impact By Chris Camacho Greater Phoenix is recognized internationally for its commitment to smart growth and economic leadership. In developing a healthy business ecosystem with qualified talent and a strong quality of life, the region has attracted global companies seeking to create high-wage technology […]
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Chlorum Solutions USA begins development of first U.S....
December 17, 2024New company to provide safer, local production to U.S. buyers CASA GRANDE, Ariz. (Dec. 17, 2024) — Chlorum Solutions USA LLC, today formally announces the development of its first small-scale U.S. chlor-alkali plant in Casa Grande, Arizona. The plant will enhance local supply chain resilience in the U.S. chemical industry with its innovative decentralized model […]
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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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