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 or 480.282.7205.


Downtown Tempe office building reflecting bright sky and clouds

Moov Technologies’ HQ shift to Greater Phoenix was...

As Moov Technologies doubled down on Greater Phoenix during the pandemic, it was natural for tech company to move its headquarters from San Francisco to Tempe.

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Mechanical Keyboards announces first major expansion...

April 26, 2021

CHANDLER (April 26, 2021) – Tennessee-based Mechanical Keyboards, LLC, one of the largest providers of mechanical keyboards in the world, recently acquired a 74,000-square-foot flex industrial building in West Chandler’s thriving employment corridor. Approximately 40 employees will work at the facility located at 7300 W. Boston St., and will hold roles ranging from logistics, administration, customer […]

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PennyMac Financial Services, Inc. opens new office...

April 6, 2021

Top national mortgage lender expands operations into Phoenix bringing job opportunities PHOENIX (April 6, 2021) — PennyMac Financial Services, Inc. (NYSE: PFSI) (PennyMac), one of the largest publicly-traded residential mortgage companies in the country, announced today the opening of a new mortgage sales and operations center in Phoenix, Arizona. Located in the heart of Phoenix, […]

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Calgary-based APEL Extrusions relocating headquarters...

April 1, 2021

Company purchases 22+ acres for development of $100M facility PHOENIX (April 1, 2021) – Calgary-based APEL Extrusions has purchased 22.6 acres of land at the southeast corner of the new Loop 202 Freeway and Lower Buckeye Road. The property will be the site of a new 323,782-square-foot headquarters and manufacturing facility.  Plans call for North […]

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ThriftBooks selects Phoenix for expansion

March 24, 2021

New processing center will create 150 new jobs by end of year PHOENIX (March 24, 2021) – ThriftBooks, the world’s largest independent online used book seller, will create 150 new jobs with the opening of a 190,000-square-foot processing center in Phoenix in early May. “Phoenix continues to be a strategic location for ThriftBooks Global, LLC. With its advantageous market […]

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ElectraMeccanica announces plans to establish U.S....

March 16, 2021

Mesa, AZ to host new SOLO EV U.S. assembly facility and engineering technical center VANCOUVER, British Columbia, March 16, 2021 – ElectraMeccanica Vehicles Corp. (NASDAQ: SOLO) (“ElectraMeccanica” or the “Company”), a designer and manufacturer of electric vehicles, today announced that it has selected Mesa, AZ, in the greater Phoenix area, for its U.S. based assembly […]

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Three AAED members named top 50 economic developers...

February 12, 2021

PHOENIX (Feb. 12, 2021) – The Arizona Association for Economic Development (AAED) has announced three of its members have been named to the 2021 North America’s Top 50 Economic Developers by Consultant Connect, a service for educational and networking events for economic developers and site selectors. Chris Camacho, president & CEO of the Greater Phoenix […]

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City of Phoenix selected for future The RealReal e-commerce...

February 2, 2021

New location to create more than 400 jobs in first year PHOENIX (Feb. 2, 2021) – The City of Phoenix has been selected by The RealReal, Inc. (Nasdaq: REAL) – the world’s largest online marketplace for authenticated, consigned luxury goods–as the site for its new e-commerce center. The company signed a lease to expand its physical […]

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New initiative will connect fintech firms across the...

January 26, 2021

PHOENIX January 26, 2021 – CCG Catalyst Consulting (CCG Catalyst) and the Arizona Bankers Association (AzBA) have partnered to create the Arizona Fintech Council (AZFC) to spur economic growth in the state and bring viable and promising fintech companies to Arizona’s Fintech Sandbox. The Council will initiate new opportunities for member financial institutions and selected […]

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Align Technology establishes new corporate headquarters...

January 20, 2021

San Jose, California campus becomes West Coast regional headquarters and new digital innovation center TEMPE January 20, 2021 – Align Technology, Inc. today announced that it established its new global corporate headquarters in Tempe, Arizona, effective January 1, 2021. The company’s San Jose campus remains the hub for its global innovation, product, and marketing organization […]

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