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

Stitch Fix to open fourth distribution center in Phoenix

September 24, 2015

Stitch Fix, an online personal styling service, announced plans to open its fourth U.S. distribution center in Phoenix in November. The company currently operates three other distribution centers in San Francisco, Indianapolis and Dallas. Stitch Fix plans to hire up to 600 employees for its 365,000-square-foot facility.  “Stitch Fix is an exciting and dynamic company whose entrance into the market adds to the growing inventory of innovative companies in the region,” said Chris Camacho, president & CEO of the Greater Phoenix Economic Council. “The new operation in Phoenix will provide them with increased access to their growing customer base, as well as access to a robust workforce to fill the hundreds of new jobs this expansion brings.”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 board of directors named for 2015-2016

September 21, 2015

 The Greater Phoenix Economic Council announced eight new members to join its Board of Directors for the 2016 fiscal year. The new members were approved by the full Board at the September Annual Meeting. “The representation from business and elected leaders on the GPEC Board is emblematic of the mission of GPEC in being a truly public-private partnership,” said Chris Camacho, president and CEO of the Greater Phoenix Economic Council. “The addition of these new leaders to GPEC’s Board will further enhance the dialogue on advancing the region’s economy, leading to an aggressive, strategic pathway for positive community impact.”  For a list of the new Board members, 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

DaVita Rx announces specialty pharmacy opening in Chandler

September 10, 2015

DaVita Rx, a full-service specialty pharmacy for patients with complex conditions, announced they will open a new 76,000-square-foot facility in Chandler by early 2016. The pharmacy plans to hire 550 new employees in clinical, dispensing, customer service, insurance and specialty operations roles."DaVita HealthCare Partners Inc. is a leading, national health care company, whose focus on patient care through innovation makes them a natural fit for the growing tech base in the Greater Phoenix region," said Chris Camacho, President and CEO of the Greater Phoenix Economic Council. "The work by Chandler Mayor Jay Tibshraeny and his economic development team aligns with the regional effort to bring these industries to Greater Phoenix, and we are delighted to join them in welcoming DaVita to the market.”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

Phoenix metro healthcare industry outpacing national...

September 10, 2015

GPEC’s Healthcare Leadership Council launched a new website designed to showcase the innovation capacity and robust ecosystems of the Greater Phoenix healthcare and bioscience sectors. With the region’s healthcare and bioscience sectors expected to grow 31.9% over the next decade, outpacing the projected national average at 19.5%, the site provides an inventory of the resources available and showcases the growth within Greater Phoenix.“The GPEC Healthcare Leadership Council, led by Linda Hunt and Dr. Stuart Flynn, gathers the who’s who of healthcare and biosciences in the Greater Phoenix region,” said Chris Camacho, president and CEO of the Greater Phoenix Economic Council. “The council’s forward thinking idea to centralize the assets and resources around the region allows us to further promote our growth in these industries.” For more information, 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

PAC Worldwide expands to west Phoenix

August 11, 2015

PAC Worldwide, a manufacturer of flexible protective packaging, has opened a manufacturing location in Phoenix. The company also has manufacturing and distribution facilities in Ohio, Mexico and Malaysia with more than 700 people currently employed, and the new Phoenix facility will add more than 50 jobs.“The quick access to California creates an advantageous market for manufacturing, coupled with a large talented technical labor force and pro-business environment found in Greater Phoenix," said Chris Camacho, president & CEO of the Greater Phoenix Economic Council. "We join the city of Phoenix in welcoming PAC Worldwide to the region and look forward to seeing their growth within the market.”For more information, read the full press 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 President & CEO to participate in White House...

July 30, 2015

The Greater Phoenix Economic Council (GPEC) President & CEO, Chris Camacho, will be speaking at the White House today during the 4th annual White House Forum on Economic Development, hosted by the International Economic Development Council (IEDC) and SelectUSA.Read more in the full press 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

Greater Phoenix Economic Council records another banner...

July 16, 2015

GPEC recorded another exceptional fiscal year (which ended June 30th) with the location and expansion of 32 companies, which will add more than 6,200 jobs across the region during the first year of operation and generate nearly $900 million in capital investment.“Our communities’ mayors and their economic development teams do a tremendous job showcasing the business-friendly climate and deep talent pool that makes Greater Phoenix a top choice among leading companies to grow their operations,” said Chris Camacho, president & CEO of GPEC.For more information, read the full press 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

Zenefits continues rapid growth with new office in...

June 30, 2015

Last fall, Zenefits announced its first major expansion out of San Francisco, as the company looked to further grow its operations. In just over six months, Zenefits has now announced a second site in Greater Phoenix with a new location in Tempe. “With small businesses across the country wanting to take the HR headaches out of managing their companies, the demand for our HR automation software is off the charts,” said Parker Conrad, CEO and co-founder of Zenefits. “With this fast growth, we need more people to join our team – and a place to put them. We are delighted that we found such a great space here in Arizona.”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

New day in Arizona for relationship with Mexico

June 30, 2015

GPEC President and CEO Chris Camacho recently joined Arizona Governor Doug Ducey during his first trade mission to Mexico. During the trip, the more than 40 business, university and government leaders met with Mexican business and government officials to discuss the important ties between Arizona and Mexico.“Arizona and Mexico share more than an important border for global commerce, but are also connected by the rich historical, social and cultural ties,” said Camacho. “Governor Ducey’s leadership, and the work of David Farca, president of the Arizona Mexico Commission, has set a new tone and reinvigorated dialogue with Mexico City.”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

Mt. Baker Vapor to move operations to Mesa

June 11, 2015

One of the world’s largest online e-liquid producers and retailers, Mt. Baker Vapor, has officially announced their plans to relocate from Bellingham, Wash. to Mesa, Ariz. The decision came after the state of Washington introduced two bills that if passed would tax the sale of vaping equipment and ban online sales. “Mt. Baker Vapor’s desire to locate in Arizona reinforces our state’s reputation as the best place in the country to do business,” said Sandra Watson, President & CEO of the Arizona Commerce Authority. “Arizona’s pro-business environment, connectivity to world markets and strong talent pool make it a preferred place for companies to scale their businesses in a global economy. We are pleased to welcome Mt. Baker Vapor and look forward to supporting their continued success.” Read the press release here. 

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