Portland-Headquartered Bank Expands Middle-Market Team in Phoenix

inbusinessPHX.com

Umpqua Bank, a subsidiary of Umpqua Holdings Corporation, announced the expansion of its Phoenix-based middle market banking team with the addition of five new members to support its rapid growth in serving mid-size companies across Arizona. Today's announcement marks the latest development in Umpqua's Western U.S. expansion. Late last year, Umpqua hired … [More]

Program Makes Way for New Wave of Projects to Be Filmed in Arizona

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As Arizona continues to attract major film production opportunities to the state, the Arizona Commerce Authority (ACA) has partnered with the Scottsdale School of Film+Theatre at Scottsdale Community College (SCC) to train local talent to fill openings as production assistants. The inaugural Production Assistant Certification program will run Oct. 3-7, 2022. Arizona’s film … [More]

Industry-Specific Small Business Economic Trends Survey Is Somewhat Optimistic

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The NFIB Research Center released the latest industry-specific Small Business Economic Trends report highlighting small businesses in the construction, manufacturing, retail, and services industries. The overall Optimism Index in July was 89.9. “Small business owners in various industries continue to manage historic economic headwinds that are impacting their … [More]

EN NEGOCIOS: 6 maneras en que la Ley de Reducción de la Inflación ayudara a las pequeñas empresas a pagar para volverse ecológicas

por Edgar R. Olivo

Ahora es el momento de comenzar a invertir en una transformación ecológica. La Ley de Reducción de la Inflación de 2022 firmado por el presidente Biden en agosto incluye una serie de nuevas normas fiscales sobre nuevas disposiciones de energía "verde". Estas nuevas disposiciones de energía “verde” están destinadas a combatir el cambio climático y mejorar la eficiencia … [More]

6 Ways the Inflation Reduction Act Will Help Small Businesses Pay to Go Green

by Edgar R. Olivo

Now is the time to start investing in a green transformation. The Inflation Reduction Act of 2022 signed by President Biden in August includes a range of new tax rules on new “green” energy provisions. These new “green” energy provisions are intended to combat climate change and improve energy efficiency while incentivizing domestic manufacturing of green energy equipment and … [More]

Arizona Celebrates One Year of Legal Sports Betting Friday, July Report Released

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Tomorrow marks one year of legal sports betting in the state of Arizona. Through July of 2022, Arizonans have wagered over $5 billion dollars on sports, highlighting the excitement for new gaming opportunities in the state. “In April of 2021, Governor Doug Ducey signed legislation and the amended Tribal-State Gaming Compacts that legalizing sports betting and a number of … [More]

Phoenix-Based Wellness Restaurant Brand Raises $100M from Mission-Aligned Investors

inbusinessPHX.com

True Food Kitchen, the award-winning restaurant brand that has pioneered wellness-driven dining, announced a significant round of capital investment led by two new investors, HumanCo and Manna Tree, supported by existing investor Centerbridge Partners. The more than $100 million round of funding is the largest investment for the 42-unit restaurant brand that was founded in 2008 … [More]

JA BizTown Gets Renovated, New Local Businesses Join Student-Size Town

inbusinessPHX.com

Students across the Valley and state heading back to school this month and nonprofit Junior Achievement of Arizona recently completed a renovation at its JA BizTown, a student-sized town built to engage 4th, 5th and 6th graders in personal and business finances through simulation-based learning. The town features more than 40 local and national businesses where students can … [More]

The Chip Challenge: Growing a Workforce for the Semiconductor Industry

by Lisha Dunlap, Chandler-GIlbert Community College  

According to the Arizona Commerce Authority, "Arizona is the best state in the nation for entrepreneurship, innovation and emerging technology." At the end of August, Governor Doug Ducey capitalized on that sentiment with a five-day trip across the globe to visit the Republic of Korea and Taiwan for relationship building within the international technology industry. Reported … [More]

ASU and Arizona Lottery Announce Partnership to Expand ASU’s Sport Innovation Efforts

inbusinessPHX.com

The Global Sport Institute and the J. Orin Edson Entrepreneurship + Innovation Institute at Arizona State University are teaming up with the Arizona Lottery’s Gives Back program to support ASU’s Global Sport Venture Challenge - a pitch competition designed to assist entrepreneurs in launching and scaling sport-related startups. Applications are now open and will be accepted … [More]

Phoenix-Based Bakery Expands Fall Bundt Cake Product Lineup

inbusinessPHX.com

Phoenix-based Café Valley®, leading ready-to-eat bakery brand, is expanding its line of 16-ounce Decadent Swirled Bundt Cakes with Tiramisu, Pumpkin Latte and Salted Caramel flavor varieties that will be available in grocers nationwide beginning this month. "We are thrilled to announce the addition of these new decadent cakes to our existing lineup and our team … [More]

Northern Trust Appoints New Phoenix Region President

inbusinessPHX.com

Northern Trust has appointed Curtiss Smith as Phoenix Region President, where he will lead the team in the delivery of outstanding client service and accelerate the growth of the Northern Trust Wealth Management platform. Most recently, Smith served as Senior Banking Director for Northern Trust markets in Arizona, Nevada and Colorado. Previously, he held positions at … [More]

Collaboration Empowers Employers, Small Businesses

inbusinessPHX.com

In the spirit of this week’s Labor Day celebration, the U.S. Department of Labor is collaborating with the Small Business Administration, the National Labor Relations Board and the Federal Mediation and Conciliation Services to release a first-of-its-kind digital toolkit for employers seeking guidance on supporting and responding to their employees interested in exercising … [More]

San Francisco Investment Firm Acquires First Arizona Property with Purchase in Scottsdale Airpark

inbusinessPHX.com

San Francisco-based commercial real estate investment firm Graham Street Realty (GSR), an affiliate of Hamilton Zanze, has acquired Cimmaron Industrial Park in the Scottsdale Airport Industrial submarket of the Phoenix metro area. The deal closed on August 26, 2022, for a purchase price of $27.5 million. The property is currently fully leased. GSR is purchasing the property … [More]

ASU Selects Partner for Hands-On Cybersecurity Simulation Workforce Training Accelerator

inbusinessPHX.com

Cloud Range announced that Arizona State University (ASU) and AZNext have selected its immersive cyber range and cybersecurity simulation training solution to be incorporated into the workforce development accelerator partnership. Led by ASU, AZNext is funded by a grant awarded by the U.S. Department of Labor’s Employment and Training Administration to address the acute need … [More]

The Hidden Benefit of a Solid Brand Identity: Crisis Protection

by Joe Kohn

What is your company’s purpose? What does it aspire to be? What does it stand for? Anyone who occupies an executive position within their organization has grappled with these questions, or at least acted on the answers laid out by the organization’s founders ― answers that lie within the nucleus of a brand’s identity. Founders seldom think about the moment when everything … [More]

California Mobile Fueling Services Co. Expands to Phoenix

inbusinessPHX.com

In response to growing customer demand from enterprise fleets looking to optimize costs, lower carbon emissions and source renewable fuels, Booster®, the leading tech-driven mobile energy delivery company, announces that it is expanding services across the United States with several new market launches. The company recently launched in three new markets – Portland, Oregon; … [More]

Western Alliance Bank Announces Executive Promotions, Newly Formed Executive Leadership Team

inbusinessPHX.com

Western Alliance Bank, one of the country's top-performing banking companies, announced the promotions of several senior executives and the formation of a new Executive Leadership Team as part of the bank’s continuing commitment to align its management structure to support its industry-leading growth. “I am delighted to share these well-deserved promotions with our … [More]

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