Greater Phoenix News

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

The exterior of a large building with two GTI Fabrication logos.

GTI Energy announces manufacturing expansion in Goodyear

May 20, 2025

Goodyear facility to serve as GTI Energy’s primary high-volume manufacturing site, employ up to 600 people GOODYEAR, Ariz. (May 20, 2025) – GTI Energy, a division of Buffalo-based GTI Fabrication, a leading contract manufacturer of mission critical equipment, announced plans of a $33 million initial investment, with plans to invest another $20 million to open […]

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In the background, people talk under three flags: USA, Arizona and one with the Apex Power logo. On the left in the foreground is a completed converter manufactured by the company.

Solar and storage company Apex Power Conversion announces...

May 19, 2025

Apex Power Conversion holds ribbon cutting for its new Mesa facility during the American Clean Power Association conference MESA, Ariz. (May 19, 2025) — Apex Power Conversion, a solar and storage company, announced today the ribbon cutting of its United States headquarters and manufacturing facility in Mesa, Arizona in conjunction with the American Clean Power […]

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GPEC recognized as top economic development organization...

May 1, 2025

Site Selection Magazine names GPEC a top EDO in 2025 Mac Conway Awards PHOENIX (May 1, 2024) — For the ninth consecutive year, the Greater Phoenix Economic Council (GPEC) has been named among the top economic development organizations in the United States by Site Selection Magazine. Since 2016, GPEC has been recognized by the magazine’s […]

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idealabaz and SOM logos separated by a thin black line.

Idealab Arizona announces partnership with Skidmore,...

April 23, 2025

Architecture and engineering firm SOM to incubate the next-generation startups for Idealab Arizona’s new startup studio with ASU PHOENIX (April 23, 2025) — Idealab Arizona, a partner of Idealab Studio, a leading technology incubator, today announced a strategic partnership with Skidmore, Owings & Merrill (SOM), a leading international architecture, engineering, and urban planning firm, to […]

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The Cyclic Materials logo shows black text with a large orange circle on the top left converging into the lower-case L in materials.

Cyclic Materials to invest over USD $20M in its first...

April 23, 2025

Mesa facility expected to process 25,000 tonnes of end-of-life components containing rare earth permanent magnets a year TORONTO (April 23, 2025) — Cyclic Materials, the advanced recycling company creating a circular supply chain for rare earth elements (REEs) and other critical materials, today announced it has invested over USD $20M in its first commercial facility, […]

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A blue banner on a commercial building showcases the Future48 Workforce Accelerator.

Battery-focused Future48 Workforce Accelerator celebrates...

April 4, 2025

Led by LG Energy Solution, the Future48 Workforce Accelerator will provide hands-on battery training PINAL COUNTY, Ariz. (April 4, 2025) — Today, the Arizona Commerce Authority (ACA), alongside Pinal County, Central Arizona College, Greater Phoenix Economic Council (GPEC) and LG Energy Solution, marked a milestone in strengthening Arizona’s workforce with the grand opening of the […]

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SEMI, MDM2 to host smart medtech conference in Phoenix...

April 1, 2025

Phoenix will house the three-day 2025 Technology Workshop: Shaping the Future of Advancing Electronics and Medical Technology conference PHOENIX (April 1, 2025) — Greater Phoenix has emerged as a hub of medical device manufacturing driven by its strong healthcare ecosystem and growth in semiconductor capacity. To propel this momentum and accelerate innovation, the region will […]

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A mural on a gray building shows colorful flowers and birds.

Greater Phoenix launches vision to advance arts visibility,...

March 3, 2025

Greater Phoenix Economic Council, Street Art Cities partner to showcase region’s public art on international scale PHOENIX (March 3, 2025) – Arts and culture play a vital role in Greater Phoenix’s widely recognized lifestyle, livability and economy. To amplify the region’s dynamic arts and culture environment, the Greater Phoenix Economic Council (GPEC) is launching an […]

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TSMC announces $100 billion investment for fabs, packaging...

March 3, 2025

TSMC to build additional three fabs, two advanced packaging facilities and R&D center in Arizona PHOENIX, AZ (March 3, 2025) — Following a meeting at the White House today, President Donald Trump and TSMC Chairman and CEO C.C. Wei announced a historic expansion of TSMC’s advanced semiconductor operations in Arizona. TSMC will invest at least an […]

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A group of people stand with a blue ribbon in front of the Exalt Health building.

Exalt Health now open at One Scottsdale Medical

February 3, 2025

Texas-based company to offer post-acute care rehabilitation services  SCOTTSDALE, Ariz. (Feb. 3, 2025) — Ryan Companies US, Inc., a national commercial real estate solutions provider, and Exalt Health announce today the opening of Exalt Health’s new facility within One Scottsdale Medical, a Class A multi-tenant medical building. Located near the Loop 101 freeway at Scottsdale […]

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