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

Greater Phoenix Economic Council delivers record-breaking...

July 12, 2016

The Greater Phoenix Economic Council (GPEC) ended Fiscal Year 2016 with another round of record breaking numbers for the region – including the highest number of assisted locates, projected jobs numbers and average high-wage, high-skilled salary. Working together with GPEC’s 23 cities and towns, GPEC assisted in the location of 43 companies during the fiscal […]

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Greater Phoenix is regionally competitive and a national leader in the healthcare and biomedical industries

Healthcare collaborations that compound success

July 1, 2016

The Greater Phoenix healthcare and biomedical ecosystem is comprised of over 9,000 enterprises that support more than 200,000 jobs. Collectively, through a number of innovative partnerships and collaborations, Greater Phoenix is leading the charge in providing better health outcomes. The region offers a thriving environment of hospitals, academic institutions, biosciences companies, research centers, incubators and […]

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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

Dexcom to expand manufacturing operations to Greater...

June 20, 2016

Dexcom, Inc., a leader in continuous glucose monitoring (CGM) for patients with diabetes, announced today that it will construct a new state of the art manufacturing facility in Mesa, Arizona for the company’s growing continuous glucose monitoring (CGM) business. This new, 180,000 square foot facility will support the company’s global manufacturing operations and is projected […]

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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 & CEO named to U.S. Department...

June 7, 2016

 The President and CEO of the Greater Phoenix Economic Council, Chris Camacho, has been appointed by the U.S. Department of Commerce Secretary Penny Pritzker to join a newly established U.S. Investment Advisory Council (IAC). Camacho will join 18 other leaders from across the United States who will serve as advisors on how best to support U.S. economic growth through the attraction and retention of foreign direct investment (FDI).“I am greatly looking forward to joining this incredibly talented and diverse group of regional and national business leaders on the U.S. Investment Advisory Council,” said Camacho. “I want to thank Secretary Pritzker and SelectUSA for gathering this council to advise on strategies around foreign direct investment, a critical component in this global economy.”Read the full release here.

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Kudelski Security, the cybersecurity division within the Kudelski Group (SIX:KUD.S), today announced that Forrester Research has recognized the company as a leader in their report, The Forrester WaveTM: Emerging Managed Security Services Providers (MSSPs), Q3 2018.

Kudelski Group to create second headquarters in Phoenix

June 3, 2016

Kudelski Group, a global leader in digital content distribution and security and in access control security solutions, has announced the opening of a second global headquarters in Phoenix, Arizona.“The growing presence of innovative and tech-based companies in the Greater Phoenix region cannot be underscored,” said Chris Camacho, president & CEO of the Greater Phoenix Economic Council. “The region’s large, skilled workforce and supportive business community make an attractive place for businesses to operate. I want to thank Governor Ducey, our partners at SelectUSA, the Arizona Commerce Authority and the city of Phoenix for their coordination in making this a reality; and I welcome the Kudelski Group to Greater Phoenix and look forward to their growth.”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

Oscar expands operations to Tempe

June 1, 2016

Oscar, a New York-based health insurance company, has announced an operational expansion to Tempe, Ariz. After a competitive process, Oscar selected Tempe for its newest location due to the region’s large, skilled workforce, high quality of life, pro-business climate and creative office space options."Oscar is a leading technology company whose innovative approach to health insurance delivery makes them a natural addition to Greater Phoenix’s growing entrepreneurial community,” said Chris Camacho, president & CEO of the Greater Phoenix Economic Council. “Their entrance into the market reinforces what more and more businesses are discovering—that Greater Phoenix is an ideal place to go to scale.”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

Greater Phoenix: An evolving cultural community

June 1, 2016

GPEC Investor: Richmond Vincent, Jr. Richmond Vincent, Jr. is the Senior Vice President of Workforce Development of Goodwill of Central Arizona, a board member of the Greater Phoenix Economic Council and a member of GPEC’s Strategic Council. Vincent has lived in Greater Phoenix for 29 years and shares with us his passion for the Greater […]

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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 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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