Latest GPEC News

ASM logo written in dark purple font. The letters are next to a shape that is a small triangle interwoven into a larger hexagon.

ASM announces €300M expansion of U.S. operations...

December 5, 2023

The ASM investment will focus on technology development, research, design and engineering capabilities, and pilot manufacturing capacities ASM International N.V. (Euronext Amsterdam: ASM), one of the fastest growing semiconductor equipment companies and global market leader in Atomic Layer Deposition, announced plans for a new North American expansion to accommodate growing demand for research and development […]

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Exploring the effects of the Business Confidence Index

The business confidence index tracks output growth and turning points in economic activity by Kristen Stephenson Earlier this 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 […]

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Parts Town logo. Parts in bold red font, town in thin black font, written as a single word. An silhouette of an open box is above the word.

Parts Town expands distribution capabilities with new...

November 17, 2023

Parts Town expansion will create capacity for continued high-growth and product expansion including HVAC parts and residential appliance parts GLENDALE, Ariz. (Nov. 16, 2023) — Parts Town, a global leader in the high-tech distribution of OEM foodservice equipment parts, residential appliance parts, HVAC parts, consumer electronic parts, and related products, today announced its plan to open […]

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Exploring the effects of the Consumer Confidence Index

Consumer confidence provides insight into future economic conditions by Kristen Stephenson Earlier this 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 at both national and […]

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A group of people in professional business attire pose with a giant pair of scissors, prepared to cut a large purple ribbon. A purple-and-orange balloon arch is in the background.

Vitalant unveils new national office in Scottsdale;...

October 26, 2023

Vitalant commemorates 80-year anniversary with HQ ribbon-cutting SCOTTSDALE, Ariz. (Oct. 25, 2023) — Vitalant, a national nonprofit blood services provider founded in Arizona 80 years ago this month, commemorated its milestone anniversary and the ribbon-cutting for its new national office in Scottsdale on Wednesday, Oct. 25. The celebration signifies a new chapter in the organization’s […]

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Greater Phoenix Awarded EDA Tech Hub Strategy Development...

October 23, 2023

The grant will accelerate a regional strategy for smart medical device manufacturing PHOENIX (Oct. 23, 2023) – The Greater Phoenix Economic Council (GPEC), as part of a consortium of 25 public, private and academic partners focused on increasing medical device manufacturing in the region and increasing the sector’s domestic competitiveness, has been awarded a federal […]

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Connect Homes announces new factory in Mesa

October 19, 2023

The pre-fab modular housing company expects to manufacture up to 5,000 sq. ft. of housing per week at the Mesa facility LOS ANGELES (Oct. 19, 2023) — Connect Homes, an industry-leading prefab housing provider, is proud to announce it will be opening a new factory in Mesa, Arizona in Q1 2024. The factory will be […]

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Sysco breaks ground on new facility in Mesa

October 12, 2023

The $102 million investment will bring 257 new jobs and a 353,600 square-foot facility to the Greater Phoenix Oct. 12, 2023 (Mesa, Ariz.) — Sysco Corporation, the leading global foodservice distribution company, held an event today to celebrate the groundbreaking of its new 353,600-square-foot facility, Sysco Arizona East. Attendees at the event included Sysco executives as […]

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EMD Electronics celebrates opening of new Chandler...

October 11, 2023

$39-million investment is the largest investment the company has made in its semiconductor equipment and services business Opening of new factory is part of the company’s strategy to expand its global manufacturing capacity and further support the growing presence of key industry players in the state of Arizona EMD Electronics implements a strategic workforce plan […]

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Understanding how unemployment impacts the economy

Workforce availability is an important indicator of economic health by Kristen Stephenson Earlier this 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 at both national […]

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