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
Ambassador Event: International Trade & Policy
How relationships with Canada, Mexico and China will affect Greater Phoenix in 2026 and beyond Given Greater Phoenix’s emergence as an international hub for business, the region must be cognizant of global activity impacting the economies of the United States and Arizona. After a decade and a half of strategic foreign direct investment (FDI) growth […]
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Tesoro VC launches Global AI + Semiconductor Accelerator...
September 17, 2025AI + Semiconductor Accelerator and Global Design Center to attract entrepreneurs worldwide, establishing Greater Phoenix as a strategic gateway for AI-driven chip innovation, startup growth, and advanced manufacturing. PHOENIX (Sept. 17, 2025) — Tesoro Venture Capital today announced landmark startup initiatives in Phoenix, where it will serve as the lead operator to oversee accelerator programs […]
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Tempe becomes new home of LEGO Group’s Consumer and...
September 10, 2025LEGO’s new office in Tempe currently employs about 150 people with plans to increase further in coming months Tempe, Ariz. (Sept. 10, 2025) — The LEGO Group has opened its new Consumer and Shopper Engagement (CSE) office in Tempe, Arizona with a ribbon cutting to mark the opening of a new base in the Greater […]
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GPEC Board of Directors names Christine Mackay as President...
August 28, 2025Over 11 years with the City of Phoenix, Mackay led the creation of more than $190 billion in capital investment and 100,000 new jobs PHOENIX (Aug. 28, 2025) — Today, the Greater Phoenix Economic Council (GPEC) Board of Directors announced nationally recognized economic leader Christine Mackay as the new President & CEO of the organization, effective […]
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Bonus Homes launches new homeownership and wealth creation...
August 19, 2025Real estate tech firm Bonus Homes launches Home Appreciation Partnership to help the middle class unlock home equity and wealth generation Phoenix (Aug. 19, 2025) — Bonus Homes, a real estate technology and investment company redefining the way middle-class Americans build wealth through homeownership, today announced it will open its headquarters in Greater Phoenix backed by […]
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Busch Group expands US footprint with nearly 60,000-sq.-ft....
August 14, 2025Busch Vacuum Solutions announced its regional hub to specialize in equipment repair, service and overhaul Tempe, Ariz. (Aug. 14, 2025) – Busch Vacuum Solutions, part of the Busch Group, a global leader in vacuum and overpressure technology, is proud to announce the development of its newest U.S. facility: almost 60,000-square-foot Arizona Service Center located in […]
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Arizona’s first hacker house launches at Loloft:...
August 12, 2025Programming provides space, infrastructure and mentorship for Arizona’s startups ecosystem Phoenix (Aug. 12, 2025) — Arizona’s startup ecosystem is taking a bold leap forward with the launch of DevHouse, the state’s first hacker house, operated out of Loloft Phoenix. Co-hosted by DevLabs and Silicon Oasis, the six-week program was designed to accelerate early-stage founders solving […]
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Thomas Maynard Appointed Interim CEO of GPEC
July 29, 2025Search committee names organization’s Senior Vice President, Business Development as temporary leader PHOENIX (July 29, 2025) – The Greater Phoenix Economic Council (GPEC) announced today it has appointed Thomas Maynard as Interim Chief Executive Officer, effective August 2, as recommended by the board-led search committee and approved by executive committee members, following the tenure of […]
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Hadrian to invest $200 million to establish manufacturing...
July 17, 2025Advanced manufacturer Hadrian announces new Factory 3 facility, which will support the creation of 350 new jobs MESA, AZ (July 17, 2025) – Today, Hadrian, the advanced manufacturing company building AI-powered factories for America, announced plans to establish a large-scale manufacturing and software hub, known as Factory 3 (F3) in Mesa, Arizona. The 270,000-square foot […]
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How Research and Development Powers Our Economy
by Chris Camacho, President & CEO, Greater Phoenix Economic Council Research and development is one of the most powerful forces shaping Greater Phoenix’s economy. Though often behind the scenes, R&D drives the innovation, job creation and talent development that keep our region globally competitive—and it’s only accelerating. Behind every major economic milestone is a network […]
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