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
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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Ambassador Event: Site Selector Panel
How Greater Phoenix, Arizona and the United States can attract more international investment As the new presidential administration enters office, international companies are looking for answers on how investment in the United States and Arizona may change. Site selectors visiting for the WM Phoenix Open joined the Greater Phoenix Economic Council (GPEC) for a panel […]
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Snapshot of the Greater Phoenix Job Market
Greater Phoenix performed well in recent years compared to other markets 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 […]
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Exalt Health now open at One Scottsdale Medical
February 3, 2025Texas-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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Nestlé expands U.S. manufacturing network with opening...
January 28, 2025In celebration of the opening, Nestlé is donating $100,000 to St. Mary’s Food Bank to support food distribution and job training efforts in Glendale and across Arizona GLENDALE, Ariz. (Jan. 28, 2025) — Today, Nestlé USA announced the grand opening of its new beverage factory and distribution center in Glendale, Arizona. The new facility […]
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EMD Electronics kicks off Chip In for Arizona: Student...
January 27, 2025As a worldwide epicenter of semiconductor innovation, Arizona will continue to play a leading role in the future of digital technology, industry investments, R&D and training programs WHEN: February 14 – March 14, 2025 WHO: EMD Electronics WHAT: EMD Electronics, the Electronics business of Merck KGaA, Darmstadt, Germany in the U.S. and Canada, in collaboration […]
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Regional Report: 2025 Economic Outlook
Evaluating Greater Phoenix inflation and housing entering 2025 Over the course of 2024, Greater Phoenix experienced a dip in inflation and continued high employment rates as the economy expanded, backed by new jobs, higher wages and companies growing in the market. The region will aim to carry the momentum of these successes into 2025. Regional […]
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