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.
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How Greater Phoenix Became an Economic Powerhouse—and...
by Chris Camacho, President & CEO, Greater Phoenix Economic Council Greater Phoenix didn’t become a global contender by accident. The region’s fertile ground was recognized early on, and with bold moves, decades of strategic leadership built a prosperous, future-focused market. The economic boom was marked by a population spike between 1950–70 when the widespread use […]
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GPEC recognized as top economic development organization...
May 1, 2025Site Selection Magazine names GPEC a top EDO in 2025 Mac Conway Awards PHOENIX (May 1, 2025) — 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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Ambassador Event: The Future of Semiconductors
How semiconductor growth in Greater Phoenix will help disruptive technology scale In 1949, Motorola opened a research lab in Greater Phoenix, setting the foundation for companies like Intel, NXP and Taiwan Semiconductor Manufacturing Company (TSMC) to later establish manufacturing facilities for semiconductor chips and other vital elements of the supply chain in the market. Today, […]
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Idealab Arizona announces partnership with Skidmore,...
April 23, 2025Architecture 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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Cyclic Materials to invest over USD $20M in its first...
April 23, 2025Mesa 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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Ambassador Event: The Future of Climate Tech
Advancing the energy grid and sustainability efforts through climate technology in Greater Phoenix As Greater Phoenix has grown as an advanced manufacturing hub, leaders, innovators and entrepreneurs have set their eyes on the next stage of industrial growth: climate technology. The development of this crucial industry will advance the power grid and create sustainable solutions […]
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Battery-focused Future48 Workforce Accelerator celebrates...
April 4, 2025Led 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, 2025Phoenix 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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Greater Phoenix launches vision to advance arts visibility,...
March 3, 2025Greater 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, 2025TSMC 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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