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 Logan Newman at lnewman@gpec.org.

News

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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Flinn Foundation Adds Two Phoenix Business Leaders...

February 12, 2024

Arizona business leaders Chris Camacho and Adam Goodman—the heads of Greater Phoenix Economic Council and Goodmans, respectively—have been elected to the Flinn Foundation board of directors. Camacho, an advocate for the biosciences, other innovation industries, and the arts has served as president and CEO of the economic development organization for nearly a decade—an era of […]

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U.S. Senator Mark Kelly to Address Economic Development...

February 3, 2024

PHOENIX (Feb. 3, 2024) – The International Economic Development Council (IEDC) is excited to announce that U.S. Sen. Mark Kelly will be a keynote speaker at the 2024 Leadership Summit, in partnership with Greater Phoenix Economic Council (GPEC). Kelly will address economic development leaders from around the world on Sunday, February 4, highlighting his career, […]

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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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Kate Gallego (left) and Boaz Hulsman (right) hold a model replica of an Air France plane in front of a PHX Sky Harbor backdrop.

Air France to Begin Phoenix-Paris Flight

January 22, 2024

Air France announces new nonstop service between Phoenix Sky Harbor and Charles de Gaulle airports Phoenix (Jan. 22, 2023) — Air France has announced the start of new nonstop service between Phoenix Sky Harbor International Airport and Charles de Gaulle International Airport in Paris, France. This marks the first time there will be nonstop service […]

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