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
Ambassador Event: The Next Era of Semicon
GPEC convenes industry leaders to discuss the ecosystem’s progress and future Greater Phoenix plays a pivotal role in advancing the semiconductor industry in the United States and internationally. With more than 155 semiconductor-related companies operating in the region, including industry giants Intel and TSMC, Greater Phoenix has emerged as the heart of advanced manufacturing innovation. […]
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TSMC Arizona, U.S. Department of Commerce announce...
April 8, 2024Third fab will produce the most advanced leading-edge semiconductors in the U.S., bringing TSMC’s total investment in Arizona to over US$65 Billion PHOENIX (Apr. 8, 2024 ) — TSMC (TWSE: 2330, NYSE: TSM) today announced that the U.S. Department of Commerce and TSMC Arizona have signed a non-binding preliminary memorandum of terms (PMT) for up to […]
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Freeway’s new Startup Ecosystem Dashboard gives entrepreneurs,...
April 5, 2024The dynamic dashboard empowers the Greater Phoenix startup ecosystem with key industry insights PHOENIX (April 5, 2024) — Today, Freeway proudly announces the launch of the groundbreaking Startup Ecosystem Dashboard, powered by StartupAZ, in collaboration with the City of Phoenix, and the Greater Phoenix Economic Council (GPEC). This comprehensive tool marks a pivotal moment in […]
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Measuring Real Manufacturing and Trade Industry Sales
The real manufacturing and trade sales indicator provides early insights into the future direction of 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 […]
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Celebrating the Connection of Art and Economy: A Recap...
Artlink’s 11th Annual Art d’Core Gala intertwined Greater Phoenix arts and business leaders Hundreds of patrons and creatives behind Greater Phoenix’s bustling art community came together at Phoenix Art Museum on March 16 for the arts and culture party of the year — Artlink’s 11th Annual Art d’Core Gala. The evening served as a showcase […]
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Biden-Harris Administration announces preliminary terms...
March 20, 2024U.S. Department of Commerce proposes up to $8.5 billion in potential direct funding for Intel under President Biden’s Investing in America Agenda to support multiple projects in Arizona, New Mexico, Ohio, and Oregon Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Intel Corporation have reached a non-binding preliminary memorandum of terms […]
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Mayo Clinic and ASU MedTech Accelerator’s Fifth Cohort...
March 6, 2024Mayo 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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The impact of the federal funds rate on the economy
The federal funds rate has a rippling effect on all segments of 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 picture of […]
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Pentagon Technologies to build semiconductor equipment...
February 29, 2024Representing 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 […]
View Post » TSMC Arizona achieves ‘topping’ milestone...
February 22, 2024TSMC 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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