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
China Airlines completes first direct transpacific...
December 8, 2025Phoenix Sky Harbor International Airport welcomed its first flight from Asia on Wednesday, ushering in a new direct route between Greater Phoenix and Taipei As the wheels of the 220-foot Airbus A350-900 China Airlines aircraft touched down on the runway of Phoenix Sky Harbor International Airport on Dec. 3, history had been made. The first […]
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Global industrial AI leader Cognite relocates global...
December 3, 2025AI unicorn selects Tempe’s tech corridor, deepening ties to North American manufacturing and semiconductor hubs TEMPE, Ariz. (December 3, 2025) — Cognite, the global leader in Industrial AI, today announced the official grand opening of its new global headquarters in Tempe, Arizona. The relocation from Oslo, Norway marks a milestone in the company’s growth strategy […]
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Ambassador Event: State of the Region
How Arizona is evaluating water, energy and economic infrastructure to support continued momentum Two decades of strategy and policy that facilitated regional growth and investment led to Greater Phoenix emerging as one of the top markets in the country. The region is no longer a second-tier market for advanced manufacturing and technology — when these […]
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Ambassador Event: Greater Phoenix Color, Cloth &...
GPEC’s art opening featured an international designer, sustainable fashion incubator co-founder and XICO leader In Greater Phoenix, fashion goes beyond arts and culture by advancing community, economy and health. That’s shown in recent innovations, like Arizona State University (ASU) students leading development of clothing that helped soothe children undergoing chemotherapy. It was clear during the […]
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RoviSys celebrates opening of new office in Tempe
November 6, 2025Automation and information solutions provider RoviSys to support key Greater Phoenix industries TEMPE, Ariz. (Nov. 6, 2025) – RoviSys, a leading provider of automation and information solutions, yesterday celebrated the opening of its new 9,000+ square-foot office located in Tempe, Arizona. The Arizona office represents a key expansion of North American operations for RoviSys and […]
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Ambassador Event: U.S., Mexico and Canada Insights
How Arizona plays a key role in United States-Mexico-Canada Agreement (USMCA) discussions As the largest economies in North America work to renew the United States-Mexico-Canada Agreement (USMCA), Arizona is primed to be among the states most affected by revisions. Mexico and Canada are Arizona’s two largest trade partners, combining for about $25 billion of imports […]
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APS uses ‘Growth Pays for Growth’ model...
October 30, 2025Thoughtful plan shelters existing customers from paying for data centers, extra-large users PHOENIX (Oct. 30, 2025) — Arizona Public Service (APS) announced plans today to develop a site west of Gila Bend, Ariz., capable of adding up to 2,000 megawatts (MW) of reliable, flexible generation to the state’s energy portfolio. The Desert Sun Power Plant […]
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Tesoro VC, Startup Island TAIWAN forge global partnership...
October 15, 2025Tesoro VC and Startup Island TAIWAN’s MOU will accelerate startup growth, facilitate investment and connect innovators to resources PHOENIX, ARIZ. & TAIPEI, TAIWAN — Tesoro Venture Capital (Tesoro VC), a leading Arizona-based venture fund and accelerator focused on artificial intelligence and semiconductor innovation, and Startup Island TAIWAN (SIT), the national startup brand powered by Taiwan’s […]
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Kestra Holdings expands national presence with new...
October 14, 2025Wealth management company Kestra Holdings announces HQ in Tempe that will create a projected 250 jobs TEMPE, Ariz. (October 14, 2025) — Kestra Holdings, a leading wealth management company serving independent financial professionals and firms nationwide, today announced the planned opening of a secondary headquarters in Tempe, Arizona. Kestra will maintain its primary headquarters in […]
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Introducing the Economic Monitor 2.0
by Kristen Stephenson As a research-driven economic development organization, Greater Phoenix Economic Council (GPEC) constantly monitors metrics and data to understand the changing landscape and health of our regional and national economies. In this blog series, Kristen Stephenson, GPEC’s Senior Vice President of Research & Analytics, takes a deep dive into how economic indicators work […]
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