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
KoMiCo to establish semiconductor equipment cleaning...
August 20, 2024Representing a capital investment over $50 million, the KoMiCo facility will create more than 200 new jobs MESA, Ariz. (August, 20, 2024) – KoMiCo, a global leader in precision cleaning and advanced coatings in the semiconductor industry, today signed a purchase agreement to develop a state-of-the-art facility for advanced semiconductor equipment parts cleaning, coating, and […]
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Comtech relocates corporate headquarters to Chandler...
August 16, 2024Arizona governor, Chandler mayor and local leaders attend August 16 ribbon cutting to celebrate the relocation of Comtech’s headquarters to Arizona CHANDLER, Ariz. (Aug. 16, 2024) — Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, today announced the relocation of its corporate headquarters from Melville, NY to Chandler, AZ. Comtech’s new corporate headquarters in […]
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Blax Friday – A Statewide Directory Celebrates Black-Owned...
Part of the IMPACT Stories series by State of Black Arizona. Celebrate, support and expand black business — impact for Arizona More than 20 years ago, two Black San Francisco entrepreneurs created Black Business Month, which is observed nationally every August. They sought to celebrate the Black business community’s accomplishments and the significant potential it […]
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RK Logistics Group acquires facility and assets from...
August 13, 2024RK Logistics expands its warehousing and freight handling services to Tempe Acquisition adds 79,000 square feet, fully climate-controlled warehouse and distribution center to RK’s U.S network. Positions RK to support growing logistics needs of expanding “Silicon Desert” operations as semiconductor manufacturing ramps up. Complements recent expansions in California, Michigan, Texas and New York supporting lithium-ion […]
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North America’s largest automotive supplier to build...
August 8, 2024New investment and jobs from Magna to bolster Greater Phoenix MESA, Ariz. (Aug. 8, 2024) – The Arizona Commerce Authority (ACA), Greater Phoenix Economic Council (GPEC) and city of Mesa are pleased to announce that Magna, a mobility technology company and one the largest suppliers in the automotive space, is building a manufacturing facility in […]
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Biden-Harris Administration announces preliminary terms...
July 26, 2024Proposed CHIPS investment would enable end-to-end chip production to occur in the United States while creating 2,000 jobs in Arizona Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Amkor Technology, Inc. have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $400 million in proposed direct funding under […]
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Wholesale aviation parts distributor Southern Cross...
July 23, 2024Southern Cross Aviation will bolster the Greater Phoenix aviation and aerospace and defense industries Mesa, Ariz. (July 23, 2024) — Southern Cross Aviation, a leading wholesale aviation parts distributor, announced today its expansion to Mesa, Arizona, to support the thriving general aviation, commercial aviation, and defense aerospace industries in Greater Phoenix. This strategic expansion marks […]
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Greater Phoenix is Bucking the Trend in Key Economic...
By Chris Camacho and Kristen Stephenson Strategic economic development in motion is most evident when outsized impacts on the economy are seen. Greater Phoenix is now bucking national trends in unemployment, in-migration and inflation with all three indicators positively impacting each other, signaling the region’s intentional growth and resilient economy are supporting businesses, the workforce and […]
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International and innovative growth in Greater Phoenix
Originally published in Site Selection Magazine. With a strategic location, supportive infrastructure and business-friendly environment, Greater Phoenix is experiencing remarkable international business momentum and has consistently ranked as a top market for foreign direct investment (FDI) in the U.S. This ascent is supported by a significant increase in advanced manufacturing while the region becomes a […]
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Ambassador Event: Growth of the Bioscience Industry...
CBRE and GPEC released their latest report on the regional bioscience ecosystem at a panel event with industry experts With a history of established healthcare and an environment that encourages innovation, Greater Phoenix has seen significant growth in biosciences in recent years. That is according to a new study led by CBRE and the Greater […]
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