Feeling Inflation Pressures? Industry-Specific Small Business Economic Trends Survey Released

NFIB

The NFIB Research Center today released an industry-specific Small Business Economic Trends report highlighting the construction, manufacturing, retail, and services industries. The overall Optimism Index for small businesses in April was 93.2. “The construction and manufacturing industries are especially feeling the impact of inflation pressures,” said Holly Wade, … [More]

Lucid Advances Global Sustainability Vision, Announcing New Details for First Overseas Manufacturing Facility with Partners in Saudi Arabia

inbusinessPHX.com

Lucid Group, Inc., setting new standards with the longest-range, fastest-charging electric car on the market with the award-winning Lucid Air, today hosted a ceremonial signing event to mark the February 2022 agreements with the Ministry of Investment of Saudi Arabia ("MISA"), the Saudi Industrial Development Fund ("SIDF"), Emaar, The Economic City, at King Abdullah Economic … [More]

Bank Devoted to Helping Small Business Obtains State of Arizona Conditional Approval

inbusinessPHX.com

Integro Bank (In Organization) announced that it obtained conditional approval from the State of Arizona Department of Insurance and Financial Services to open a new bank devoted to helping small businesses. Among the conditions for opening the bank is a requirement to raise a minimum of $27.9 million in capital and for the bank to obtain regulatory approval from the Federal … [More]

Universal Technical Institute Opening Its Campuses to High School Juniors Interested in Automotive Technician Training

inbusinessPHX.com

As part of its ongoing effort to address workforce need for skilled transportation technicians, Universal Technical Institute is bringing its three-week Ignite program back to full capacity at its UTI campuses nationwide this summer. The program, which is free to high school juniors, offers students an introduction to the training they'll need to prepare to enter the workforce … [More]

Homebuyer Competition Falls for Second-Straight Month, Hitting Lowest Level in Over a Year

Redfin

Nationwide, 60.7% of home offers written by Redfin agents encountered competition on a seasonally adjusted basis in April, the lowest level since March 2021, according to a new report from Redfin, the technology-powered real estate brokerage. That’s down from a revised rate of 63.4% a month earlier and 67.4% a year earlier, and marks the second-consecutive monthly … [More]

How Digital Transformation Is Changing Project Management: 4 Things to Know

inbusinessPHX.com

The COVID-19 pandemic has revealed how important it is for businesses to adopt digital processes. Many companies closed largely because they didn’t digitize, but for other firms, the pandemic accelerated their digital transformation. In the midst of this massive change, project management’s role has shifted but remains  crucial to helping improve overall efficiency and … [More]

Arizona Wheel Co. Partners to Create a New Reality for the Wheelchair Industry

inbusinessPHX.com

Vapor Wheels, a brand-new wheelchair wheel company based in Arizona has officially announced the launch of its first OEM partnership with 360 Fabrications,a growing wheelchair company located in the UK that specializes in building active day chairs, basketball chairs, tennis chairs and fencing chairs. Arizona is home to several fast-growing technology industries, and much like … [More]

Grant Continues ‘Healthy Homes’ Program, Helps Alleviate Heat Hazards as Temps Rise

inbusinessPHX.com

Temperatures are starting to heat up and a local nonprofit organization is making sure vulnerable people at risk have help to stay healthy and cool. With a grant from Arizona Public Service (APS), FSL will continue the Healthy Homes Air Conditioning Program into its second year.  SRP is also a funding partner in this program. “We’re so grateful to APS for its support to … [More]

Black Rock Coffee Bar Continues to Expand Arizona Footprint

inbusinessPHX.com

Black Rock Coffee Bar continues to expand its footprint in the state of Arizona with the opening of its fifth store in Mesa and 27th in the state. Black Rock has launched three stores in Arizona this year and 12 in Arizona since the beginning of 2021. Opening on May 20th, the 2,000-square-foot store is located at 5247 South Ellsworth Road between E. Prairie Ave and E. … [More]

Phoenix-Based Property Tech Co. Raises Additional $50M to Accelerate Growth

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Stoa USA Inc., the company that launched the FlipOS platform for professional single-family home investors, announced it raised an additional $50 million equity round to finance expansion of its property technology. The funding from Zeev Ventures allows FlipOS to accelerate its mission to close the housing gap in the U.S. The team plans to partner with more real estate … [More]

Goodwill Hiring Spree Event Is May 20

inbusinessPHX.com

If you love shopping at your neighborhood Goodwill, you will love working there too. Goodwill is hiring for a variety of positions including retail entry-level, management, warehouse and transportation. Job seekers can apply at any Goodwill retail location on Friday, May 20 from 9 a.m. to 3 p.m.  Bring plenty of copies of your resume, dress professionally and have a positive … [More]

Joining the Wave of New Entrepreneurs? 5 Mistakes That Can Sink You

inbusinessPHX.com

More than 5 million people became entrepreneurs in 2021 – a total that smashed the single-year record for new business applications by about 1 million. But hovering over that tide of entrepreneurial optimism is some historically discouraging data: about 20% of small businesses fail within the first year and 50% fail within five. If you’re among the many who recently started … [More]

Meritage Homes Introduces Affordable New Communities in Greater Phoenix

inbusinessPHX.com

Meritage Homes, the seventh-largest public homebuilder in the U.S., has announced the expansion of its footprint with two new, affordable communities in Laveen Village and Avondale. These new communities offer a variety of single-family floorplans with a unique design approach and streamlined buying process. Now open for in-person tours, Element on Euclid and Verde Trails … [More]

Li-Cycle Opens Lithium-Ion Battery Recycling Facility in Gilbert

inbusinessPHX.com

Li-Cycle Corp., an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced that its previously announced Arizona Spoke facility located in Gilbert, Arizona has commenced commercial operations. Arizona presents a significant opportunity for lithium-ion battery recycling due to the emerging electric … [More]

Flinn-Brown Fellowship Leaders Named

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The Arizona Center for Civic Leadership at the Flinn Foundation has selected the 2022 Flinn-Brown Fellows, 27 leaders who will participate in Arizona’s most prestigious leadership program on state policy and politics. Members of the 14th cohort of Flinn-Brown Fellows, bringing together diverse political perspectives, experience, and policy interests, currently serve in … [More]

Arizona-Based EPS Group Named Design Firm of the Year by ENR Southwest

EPS Group

Following a milestone year in 2021, Arizona-based civil engineering firm EPS Group was named Southwest Design Firm of the Year by ENR in its annual look at the Top Design Firms in the region. Based in Mesa, with offices in Phoenix and Tucson, EPS Group recently held a ribbon cutting/grand opening celebration for its new market office in Loveland, Colorado. The company hired … [More]

Phoenix Office Construction Downshifts

by Adriana Marinescu

The Phoenix office market witnessed both highs and lows in the first quarter of 2022, according to CommercialEdge. Office construction slowed down across the metro in Q1, as only 1 million square feet of office space was underway as of March, an amount representing 0.8 percent of stock; the national pipeline had reached 2.2 percent. In the same period, completions accounted for … [More]

Jones, Skelton & Hochuli Elects Six Partners

inbusinessPHX.com

Jones, Skelton & Hochuli, PLC is pleased to announce Kristin W. Basha, Anne Holmgren, John Lierman, Fernando C. Palomares, Ravi Patel, and Robert E. M. Smith have been elected to the firm’s partnership, effective May 1. Meet each of the firm’s newest partners below. Kristin W. Basha (Phoenix) Kristin is an attorney in the firm’s Medical Malpractice Trial Group with … [More]

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