Business Development News

Greater Phoenix News

With the latest in business development news and relocation insight for Greater Phoenix, GPEC keeps you informed. We focus on the 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 Josh Reed, senior director, communications at jreed@gpec.org or 480.282.7205.

News

Greater Phoenix has become a top place to perform research due to the qualified candidates graduating from Arizona's universities, the variety of tax credits and the amount of profit that can be made

GPEC celebrates Economic Development Week

May 9, 2016

The Greater Phoenix Economic Council joins the International Economic Development Council (IEDC) in celebrating Economic Development Week. From May 8 through May 14, GPEC will join communities and regions across the nation in celebrating economic development efforts. Join the conversation using #YearofEconDev.“The success of our region is undoubtedly attributed to the willingness of our local and regional leaders to work together,” said Chris Camacho, president and CEO of the Greater Phoenix Economic Council, and IEDC board member. “Our communities are committed to creating pro-business environments, making it easier for companies to get up and running as quickly as possible. This commitment from the mayors and supervisors to economic development sets our region apart.”Read the full release here.

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Greater Phoenix has become a top place to perform research due to the qualified candidates graduating from Arizona's universities, the variety of tax credits and the amount of profit that can be made

The microelectronics cluster in Greater Phoenix: The...

March 22, 2016

Today the Greater Phoenix Economic Council and SEMI AZ released a market intelligence report, The Microelectronics Cluster in Greater Phoenix: The Future of the Region’s Core Technology Driver, which captures the vital role that the microelectronics cluster plays in Greater Phoenix’s economy. The report highlights way to collectively further growth of this industry and documents the benefits of a highly skilled workforce.Read the full report here.

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Greater Phoenix has become a top place to perform research due to the qualified candidates graduating from Arizona's universities, the variety of tax credits and the amount of profit that can be made

Phoenix selected to develop regional plan to attract...

March 18, 2016

Phoenix metro has been selected to develop a regional plan to attract and leverage foreign direct investment, building off its existing Greater Phoenix Export Plan as part of the Global Cities Initiative, a joint-project of the Brookings Institution and JPMorgan Chase. Phoenix was selected for its readiness and commitment to strategically pursue foreign direct investment through such activities as greenfield expansions, mergers and acquisitions, and other types of foreign investment including EB-5, private equity, joint-ventures and sovereign wealth funds.“Since the early part of the 2000s, the Greater Phoenix Economic Council has made international business development a strong part of our business attraction and market growth strategy,” said Chris Camacho, president and CEO of GPEC. “The eagerness of our leaders to develop a forward-thinking plan will continue to advance the region in the global economy.”Read the full release here.

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Greater Phoenix has become a top place to perform research due to the qualified candidates graduating from Arizona's universities, the variety of tax credits and the amount of profit that can be made

DoubleDutch to open new office in Phoenix

February 25, 2016

DoubleDutch, a San Francisco-based leading global provider of mobile event apps, announced its expansion to Phoenix. DoubleDutch plans to add 30 employees to the regional office by the end of the year, using the new location to support the company’s accelerated business momentum. DoubleDutch has experienced record growth over the past year, and was named one of Deloitte’s 500 fastest growing companies in North America and one of the Inc. 5000 fastest growing private companies."DoubleDutch joins a rapidly growing technology sector in Greater Phoenix that is fueling the region’s entrepreneurial spirit," said Chris Camacho, president and CEO of the Greater Phoenix Economic Council. "Our low-cost operating environment, supportive business climate and access to talent are a draw for companies looking to go to scale. We look forward to seeing the contributions DoubleDutch will make in the tech world and in the Greater Phoenix business community."Read the full release here.

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Greater Phoenix has become a top place to perform research due to the qualified candidates graduating from Arizona's universities, the variety of tax credits and the amount of profit that can be made

Carlisle companies corporate headquarters moving to...

February 11, 2016

Carlisle Companies Incorporated, a $3.5 billion global manufacturer and Fortune 1000 company, will relocate its Corporate Headquarters to Kierland One in Phoenix this year. Founded in 1917, Carlisle manufactures a broad range of products including commercial roofing, interconnected products, fluid handling technologies, brake and friction systems and foodservice products. “Our team worked closely with the company during the due diligence period to ensure Carlisle experienced a smooth entrance into the market,” said Chris Camacho, President and CEO of the Greater Phoenix Economic Council. “Carlisle’s selection of Greater Phoenix illustrates the world class market we have become; and having a company such as Carlisle set up their headquarters in Phoenix metro further reinforces the existence of a strong business economy and talented workforce.” Read the full release here. 

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Greater Phoenix has become a top place to perform research due to the qualified candidates graduating from Arizona's universities, the variety of tax credits and the amount of profit that can be made

GPEC President and CEO named to national economic policy...

January 20, 2016

GPEC President and CEO Chris Camacho has been named to the newly formed Economic Innovation Group Policy Council, joining nearly a dozen national leaders. The Economic Innovation Group, based in Washington, D.C., is an advocacy organization whose mission is to empower entrepreneurs and investors to build a more dynamic U.S. economy. “It is an incredible honor to be named to the Economic Innovation Group Policy Council,” said Camacho, president and CEO of the Greater Phoenix Economic Council. “The members of the Council are some of the sharpest minds in the country, with incredible backgrounds that will lend to critical thinking around apolitical policies that foster innovative growth in our country. I greatly look forward to working with EIG and the Council on these important issues.” Read the full release here. 

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Greater Phoenix has become a top place to perform research due to the qualified candidates graduating from Arizona's universities, the variety of tax credits and the amount of profit that can be made

Galvanize announces plans to expand to Phoenix with...

December 10, 2015

Galvanize, a technology education company that trains students in software development and data science, announced plans today to expand to the Phoenix area in partnership with the city of Phoenix and Allstate Insurance Company. Planned to open next year, Galvanize will train more than 100 software developers in 2016, with Allstate already committing to hiring 100-150 eligible graduates of the program."Greater Phoenix is seeing a lot of interest from the tech industry, which is creating quite the buzz nationally for the market. Having locally grown tech companies such as WebPT elevates the market's notoriety across the U.S. We could not be more excited to see Galvanize expand to the Warehouse District," said Chris Camacho, president and CEO of the Greater Phoenix Economic Council. "Job growth in the software industry in Greater Phoenix is outpacing the national average, and we are going to continue to seeing that growth as more and more companies consider the market for expansion."Read more in the full release. 

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Greater Phoenix has become a top place to perform research due to the qualified candidates graduating from Arizona's universities, the variety of tax credits and the amount of profit that can be made

GPEC statement on the retirement of Dr. Rufus Glasper

December 4, 2015

Read the statement here. 

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Silicon Valley-based technology company Gainsight has announced an expansion to Greater Phoenix, AZ.

Gainsight expands operations to Phoenix

November 19, 2015

Silicon Valley-based technology company Gainsight has announced an expansion to Phoenix. The company, focused on customer success, will headquarter its corporate marketing at the 111 W. Monroe building in downtown Phoenix. Gainsight was named 48th on this year’s Inc. Magazine’s fastest growing private companies list, recording a 252% year-over-year growth in the past quarter. “This movement of fast-growing tech companies, such as Gainsight, expanding out of California is ultimately tied to the availability of a skilled workforce and strong tech culture in the Greater Phoenix region,” said Chris Camacho, president and CEO of the Greater Phoenix Economic Council. “We are excited to Gainsight continue its growth in this market, further adding to the next generation of tech in Greater Phoenix.” Read the full release. 

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Greater Phoenix has become a top place to perform research due to the qualified candidates graduating from Arizona's universities, the variety of tax credits and the amount of profit that can be made

Cenlar FSB expands nationally with Arizona facility

November 19, 2015

Cenlar FSB, a privately-owned wholesale savings bank and the nation’s leading loan servicing provider, will be opening its first location outside of New Jersey with a West Coast Operations Center in Tempe. Cenlar is actively recruiting for the facility, planning to hire 460 employees by the end of year one. “The Greater Phoenix region is outpacing the national average in growth in the financial services industry, which is evident with the announcement from Cenlar to expand to Tempe with a new West Coast Operations Center,” said Chris Camacho, president and CEO of the Greater Phoenix Economic Council. “We have a strong, skilled workforce in the region that is ready and prepared for the several hundred new jobs this exciting announcement brings.” Read the full release here. 

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