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
ASM announces €300M expansion of U.S. operations...
December 5, 2023The ASM investment will focus on technology development, research, design and engineering capabilities, and pilot manufacturing capacities ASM International N.V. (Euronext Amsterdam: ASM), one of the fastest growing semiconductor equipment companies and global market leader in Atomic Layer Deposition, announced plans for a new North American expansion to accommodate growing demand for research and development […]
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Exploring the effects of the Business Confidence Index
The business confidence index tracks output growth and turning points in economic activity 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 […]
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Parts Town expands distribution capabilities with new...
November 17, 2023Parts Town expansion will create capacity for continued high-growth and product expansion including HVAC parts and residential appliance parts GLENDALE, Ariz. (Nov. 16, 2023) — Parts Town, a global leader in the high-tech distribution of OEM foodservice equipment parts, residential appliance parts, HVAC parts, consumer electronic parts, and related products, today announced its plan to open […]
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CHIPS Act Webinar: Funding for smaller-scale supply...
The third CHIPS Act NOFO funds materials or equipment facilities with investment under $300 million On September 28th, the Department of Commerce (DOC) released the CHIPS and Science Act funding opportunity for smaller-scale supply chain projects and businesses. Applicants seeking to construct, expand or modernize materials or manufacturing equipment facilities with a capital investment under […]
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Exploring the effects of the Consumer Confidence Index
Consumer confidence provides insight into future economic conditions 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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Vitalant unveils new national office in Scottsdale;...
October 26, 2023Vitalant commemorates 80-year anniversary with HQ ribbon-cutting SCOTTSDALE, Ariz. (Oct. 25, 2023) — Vitalant, a national nonprofit blood services provider founded in Arizona 80 years ago this month, commemorated its milestone anniversary and the ribbon-cutting for its new national office in Scottsdale on Wednesday, Oct. 25. The celebration signifies a new chapter in the organization’s […]
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Greater Phoenix Awarded EDA Tech Hub Strategy Development...
October 23, 2023The grant will accelerate a regional strategy for smart medical device manufacturing PHOENIX (Oct. 23, 2023) – The Greater Phoenix Economic Council (GPEC), as part of a consortium of 25 public, private and academic partners focused on increasing medical device manufacturing in the region and increasing the sector’s domestic competitiveness, has been awarded a federal […]
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Connect Homes announces new factory in Mesa
October 19, 2023The pre-fab modular housing company expects to manufacture up to 5,000 sq. ft. of housing per week at the Mesa facility LOS ANGELES (Oct. 19, 2023) — Connect Homes, an industry-leading prefab housing provider, is proud to announce it will be opening a new factory in Mesa, Arizona in Q1 2024. The factory will be […]
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Ambassador Event: The Impact of Prop 400
Half-cent sales tax paving the way for innovation, consumer choice in Greater Phoenix Over the last 40 years, the half-cent sales tax for transportation has helped Greater Phoenix evolve into the metro it is today. The tax revenue has built commuter and travel lines, connected cities, and laid the transportation foundation for businesses to flock […]
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Sysco breaks ground on new facility in Mesa
October 12, 2023The $102 million investment will bring 257 new jobs and a 353,600 square-foot facility to the Greater Phoenix Oct. 12, 2023 (Mesa, Ariz.) — Sysco Corporation, the leading global foodservice distribution company, held an event today to celebrate the groundbreaking of its new 353,600-square-foot facility, Sysco Arizona East. Attendees at the event included Sysco executives as […]
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