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
Analyzing how personal income impacts the economy
Personal income data offer clues to Americans’ financial health and future consumer spending 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 health […]
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Saras Micro Devices celebrates grand opening of new...
January 24, 2024Saras Micro Devices seeks to support and leverage growing semiconductor and advanced packaging ecosystem in Greater Phoenix CHANDLER, ARIZ. (Jan. 24, 2024) — Saras Micro Devices, an emerging leader in cutting-edge power performance solutions leveraging integrated packaging design, today announced the grand opening of its new headquarters and state-of-the-art manufacturing facility in Chandler, Arizona. The […]
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Regional Report: 2024 Economic Snapshot
Arizona’s resiliency in 2023 sets the stage for moderate 2024 growth The economy in 2023 exceeded the expectations of many as growth continued in the United States through a variety of measurements including Growth Domestic Product (GDP) increase, inflation decrease and a healthy jobs level. Arizona and Greater Phoenix found prosperity with industrial growth tied […]
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Air France to Begin Phoenix-Paris Flight
January 22, 2024Air France announces new nonstop service between Phoenix Sky Harbor and Charles de Gaulle airports Phoenix (Jan. 22, 2023) — Air France has announced the start of new nonstop service between Phoenix Sky Harbor International Airport and Charles de Gaulle International Airport in Paris, France. This marks the first time there will be nonstop service […]
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Understanding Gross Domestic Product
GDP is a significant indicator of economic health by Kristen Stephenson Earlier this 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 health at both national and […]
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Trinity Capital announces Phoenix headquarters expansion,...
December 20, 2023Trinity Capital will double the size of its Phoenix headquarters PHOENIX (Dec. 20, 2023) — Trinity Capital Inc. (Nasdaq: TRIN) (“Trinity” or the “Company”), a leading provider of diversified financial solutions to growth-stage companies, today announced the expansion of its Phoenix headquarters, reaffirming Trinity’s longstanding commitment to the region as it continues to scale its […]
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Regional Report: Powering Greater Phoenix’s Future
How APS and SRP plan to maintain energy reliability while incorporating more renewables Arizona and Greater Phoenix have long been accustomed to top-tier energy service. Through the work of major providers like Arizona Public Service (APS) and Salt River Project (SRP), the state is ranked the second-most reliable power grid in the nation, with an […]
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AGCO’s acceleration center in Scottsdale is open...
December 12, 2023AgTech company AGCO opens accelerator center at ASU SkySong in Scottsdale Scottsdale, Ariz. (Dec. 12, 2023) – AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, is investing to attract more talent across key product development disciplines to deliver new, value-added precision ag technologies for […]
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Greater Phoenix’s high adoption of flexible work...
by Chris Camacho, president & CEO, Greater Phoenix Economic Council (GPEC) Since the downturn of the Great Recession, Greater Phoenix has continually advanced its competitive position through the quick adoption of policies and practices that allow for industry diversification, support emerging technologies and enable agile response to changing economic conditions. This growth mindset has led […]
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TSMC Arizona, AZBTC agree to workforce partnership
December 6, 2023TSMC, building and construction union announce deal framework PHOENIX (Dec. 6, 2023) — TSMC Arizona and the Arizona Building and Construction Trades Council (AZBTC) have come to an agreement on a new framework for cooperation with respect to the construction and tool installation of TSMC Arizona’s semiconductor manufacturing facility in Phoenix. The agreement outlines mutually […]
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