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
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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Regional Report: The Future of Mining in Arizona
Non-fuel minerals production will play a key role in the electrification of the economy For centuries, mining has been a central part of the Arizona economy. From Native Americans and Spanish explorers in the early modern era to the influx of new residents in the 19th and 20th centuries, these aggregates and minerals — especially […]
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ASU, GPEC launch new brand, enhanced benefits in program...
June 20, 2024Arizona International Soft Landing Experience (AISLE) offers an accessible U.S. entry point within Greater Phoenix PHOENIX (June 20, 2024) — Arizona State University (ASU) and the Greater Phoenix Economic Council (GPEC) announced today a new program title, brand and benefit package for the joint program helping international companies accelerate United States growth plans, now […]
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Arizona wins 4th consecutive Gold Shovel Award recognizing...
June 20, 2024LG Energy Solution’s $5.5 billion investment in Queen Creek wins “Manufacturing Project Of The Year” PHOENIX (June 20, 2024) – Arizona today was awarded a prestigious “Gold Shovel” award from Area Development Magazine in the 5-8 million population category, marking the state’s fourth consecutive gold shovel. The Shovel Awards recognize states that “garnered large job-creating and investment projects through […]
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Analyzing How Yield Curve Impacts the Economy
The spread of the yield curve measures the general level of interest rates in the economy 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 […]
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GPEC, StartupAZ enter partnership to further cultivate...
June 12, 2024Greater Phoenix startups, entrepreneurs will have more access points and connections to industry leaders PHOENIX (June 12, 2024) — Today, the Greater Phoenix Economic Council (GPEC) and StartupAZ announced the signing of a memorandum of understanding (MOU) highlighting efforts to collaboratively cultivate Greater Phoenix’s startup ecosystem. The new partnership will create additional access points at […]
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