Business Development News

Greater Phoenix News

Find the latest business development news and relocation insights in Greater Phoenix. We focus on important regional business news highlights and updates to make sure you stay in the know. Discover Greater Phoenix news now.

For media inquiries, please contact our Senior Director of Communications, Tyson Hill, at thill@gpec.org or 602.262.8615.

News

Opendoor Expands

Opendoor Expands Presence in Arizona with Creation...

May 18, 2022

Representing a multi-million dollar investment, the expansion supports over 500 jobs Opendoor, a leading digital platform for residential real estate, is doubling down on its commitment to Arizona, opening a 100,807-square-foot space in Tempe to serve as the company’s regional hub. The space is the company’s largest office, supporting over 500 jobs. “Opendoor has been […]

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2022 Mac Conway Award

GPEC named the top economic development organization...

May 2, 2022

Site Selection magazine announces 2022 Mac Conway Awards For the sixth straight year, Greater Phoenix Economic Council has been recognized as a top economic development organization by Site Selection magazine, awarding GPEC the 2022 Mac Conway Award for Excellence in Economic Development. The Mac Conway Award, named in honor of Site Selection founding publisher H. […]

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BMC Apparel Plant

Bespoke Manufacturing Company Announces Apparel Plant...

April 26, 2022

The 50,000 square-foot facility will lead to the creation of over 250 jobs Bespoke Manufacturing Company (BMC) announced today that it is opening a new state-of-the-art plant in Phoenix, Arizona. BMC is a tech-enabled print, cut & sew operation specializing in one-off, on-demand garments and home fashion products. The manufacturing facility is expected to be […]

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LG Energy Solutions Manufacturing Facility

LG Energy Solution Invests $1.4 Billion in Queen Creek...

April 19, 2022

Transformational investment to support thousands of technology jobs Queen Creek is set to be home to a battery manufacturing facility. A global battery producer for next-generation technologies, LG Energy Solution (LGES) announced last month it is initially investing $1.4 billion to build its first ever cylindrical-type battery facility in North America. The amount of investment […]

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Sendoso Logo

Sendoso Invests Over $40 Million in Future of Work...

April 12, 2022

Move further supports Sendoso’s robust warehouse operations and offers employees a world-class flexible, hybrid workspace with strong support from female leadership, including new Chief People Officer Sendoso, the leading sending management platform, today announced its new office at The Grove, in the historic Phoenix neighborhood, and the relocation of its corporate headquarters from San Francisco, […]

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Funko Distribution Center

Funko Relocates Its Main U.S. Distribution Facility...

April 7, 2022

The nearly 1 million-square-foot facility will bring over 300 jobs Funko, Inc., a leading pop culture lifestyle brand, has relocated its main U.S. distribution facility from several distribution centers in Washington to one distribution center in Arizona. The company is leasing a 958,000-square-foot facility in Buckeye, Arizona, which will create over 300 jobs. Funko expects […]

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Williams Sonoma Distribution Facility

Williams-Sonoma leases new distribution facility in...

March 23, 2022

The home furnishings retailer’s new facility will create more than 2,400 jobs Glendale, AZ (March 23, 2022) — Williams-Sonoma, Inc. (NYSE: WSM), the world’s largest digital-first, design-led and sustainable home furnishings retailer, has leased a 1.25-million-square-foot facility in Glendale. Williams-Sonoma, Inc. plans to use the facility as a fulfillment and distribution center for all Williams-Sonoma, […]

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Matic Western Hub

City of Phoenix selected for Matic western hub

March 15, 2022

Insurtech leader’s new location to bring 50 jobs to Uptown Phoenix (March 15, 2022) — Matic, a leading digital insurtech, announced today that the City of Phoenix has been chosen for its western hub. The company moves into its 6,000 square foot office space in April at Uptown Phoenix’s LINK, creating 50 local, full-time jobs […]

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Nestle Glendale Facility

Nestlé USA invests $675 million to build factory in...

March 9, 2022

Investment will support the long-term growth of Nestlé’s beverage business and create more than 350 jobs Nestlé USA announced today a $675 million investment to build a new beverage facility in Glendale, Arizona. The 630,000-square-foot factory is expected to be operational in 2024, creating over 350 jobs. The facility, which will sit on 143.6 net […]

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Edwards invests in new Arizona facility to support...

March 3, 2022

March 3, 2022 Edwards, the leading supplier of vacuum and abatement services and solutions to the global semiconductor industry, has announced its investment in a new state-of-the-art manufacturing facility in Chandler. The new 200,000-square-foot facility will leverage the latest manufacturing and digital technologies to support the fast-growing North American semiconductor market with services and solutions […]

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