Newly Constructed 450,000-Square-Foot Industrial Building Adjacent to Goodyear Airport Sells

CIM Group

CIM Group announced today that it has acquired 2250 S. Litchfield Rd., a newly constructed 450,619-square-foot industrial building adjacent to the Phoenix Goodyear Airport in Goodyear, Arizona. The state-of-the-art crossdock industrial facility features 36-foot clear heights,190-foot truck courts, and ample auto and trailer parking on a 29.2-acre site. The property is the … [More]

onsemi to Acquire GT Advanced Technologies

onsemi

onsemi, a leading supplier of intelligent power and sensing technologies, and GT Advanced Technologies (“GTAT”), a producer of silicon carbide (SiC), today announced that they have entered into a definitive agreement under which onsemi will acquire GTAT for $415 million in cash. Founded in 1994, GTAT has significant experience in crystalline growth, including SiC. SiC … [More]

Delta Dental of Arizona Announces Michael Jones as President and Chief Executive Officer

Delta Dental of Arizona

Delta Dental of Arizona is pleased to announce the appointment of Michael Jones as president and chief executive officer, effective October 2021. He will also serve as the president of the charitable Delta Dental of Arizona Foundation, which provides much-needed funding, education and dental supplies to those in need across the state. As president and CEO, Jones will be … [More]

Water Agencies Across West Partner to Conserve Colorado River Water

inbusinessPHX.com

Seizing every opportunity to use Colorado River resources as efficiently and effectively as possible and to help slow Lake Mead’s declining levels, water agencies across the Southwest are partnering with the federal government to fund a short-term agricultural land fallowing program in California that will conserve water on a large scale. The partnership among the U.S. … [More]

Magellan Healthcare Offers Ecosystem of Services for Suicide Prevention

Magellan Healthcare, Inc.

Magellan Healthcare, the behavioral and specialty healthcare division of Magellan Health, Inc., announced high-touch and high-tech resources to advance suicide prevention and intervention. “At Magellan, we care deeply about addressing the public health crisis of suicide through awareness, empowerment and action,” said Caroline Carney, M.D., chief medical officer, … [More]

Arizona Workers’ Compensation Claim Frequencies are 42% Above US Average, Says Report

AmTrust Financial Services, Inc.

AmTrust Financial Services, Inc., a global specialty property and casualty insurer, today released the AmTrust 2021 Contractor Risk Report, identifying common injuries and the resulting time off work for the specialized group. The report, based on 26,000 workers’ compensation claims over 10 years, found that companies in business less than four years make up 75 percent of … [More]

Phoenix Digital Divide Solution Elevates Education and Workforce Opportunity

inbusinessPHX.com

Deployed as a digital divide solution, the Phoenix Digital Education Connection Canopy is a replicable network connecting students to schoolwork and virtual classrooms in Phoenix, Arizona. “It’s the silver lining from the pandemic cloud,” said Laura Pastor, Phoenix city councilwoman, whose district includes many of the city’s digitally underserved neighborhoods. “Children … [More]

Are Your Best Employees Accepting Recruiter Calls?

inbusinessPHX.com

Finding and hiring the right talent is often a difficult task for companies, but retaining workers with high-level skills is becoming even harder as people leave their jobs in droves, looking for improvements in pay, work-life balance, management, and work culture. In digital marketing – a crucial component for business growth – talent retention has never been more critical, … [More]

UArizona Health Sciences Study Suggests Greater Vaccination Push Needed to Combat Delta Variant

UArizona

New data from an ongoing University of Arizona Health Sciences research study show that the COVID-19 vaccines remain effective following the predominance of the delta variant, although at a lower rate than prior to its emergence. The newly released findings from the longitudinal Arizona Healthcare, Emergency Response, and Other Essential Workers Surveillance (AZ HEROES) … [More]

Americans Are Willing to Take Pay Cuts or Forgo Benefits to Work from Home, Says Survey

GoodHire

GoodHire, a leading provider of employment and background screening services, today released its inaugural report, “The State of Remote Work in 2021: A Survey of the American Workforce.” The report is based on an online survey of 3,500 Americans, ages 21-59 years, who shared their opinions about jobs, money and life in the era of remote work and COVID-19. New or not, remote … [More]

WEBINAR – Aug 26: Economic Equality for Women Entrepreneurs: A Conversation in Celebration of Women’s Equality Day 2021

U.S. Small Business Administration

To celebrate Women’s Equality Day, the U.S. Small Business Administration will host a virtual fireside chat on Thursday, August 26 at 2 p.m. ET with SBA Administrator Isabella Casillas Guzman and Assistant Administrator Natalie Madeira Cofield to discuss how SBA is empowering and supporting women entrepreneurs. The event will be streamed on Facebook and YouTube. The number … [More]

Sion Power Introduces a Full-Scale Rechargeable Battery Targeting the Electric Vehicle Industry

Sion Power

Tucson-based Sion Power®, a technology leader in high-energy, lithium-metal rechargeable batteries, is introducing their Licerion® rechargeable battery for electric vehicles at The Battery Show North America in Novi, Michigan in September. The 17 Ah Licerion Electric Vehicle (EV) cell boasts over 400 Wh/kg and 810 Wh/L in a large-format pouch cell. The company has specifically … [More]

Latino Business Ownership: How to Close the Gap on Intergenerational Wealth Once and for All

by Edgar R. Olivo

An important contributor to economic inequality in the United States is the wide and relentless racial and ethnic disparity found in small business ownership. According to the Small Business Administration's report on Latino Business Ownership, blocked opportunities for minorities to start and grow businesses create losses in economic efficiency, especially through their … [More]

EN NEGOCIOS: Negocios Latinos: Cómo cerrar la brecha del bienestar económico entre generaciones una vez por todas

por Edgar R. Olivo

Un factor importante que contribuye a la desigualdad económica en los Estados Unidos es la amplia e implacable disparidad racial y étnica que se encuentra en la propiedad de pequeñas empresas. Según el informe de la Administración de Pequeñas Empresas sobre la propiedad de empresas latinas, las oportunidades bloqueadas para que las minorías inicien y desarrollen negocios … [More]

Phoenix CRE Market Update: Slight Improvement in Office Vacancy

by Adriana Marinescu

Phoenix’s office vacancy slightly improved in July, according to CommercialEdge data. The average rate dropped to 17.7 percent, a 30-basis-point decrease when compared to June and a 70-basis-point drop year-over-year. However, the value continued to remain higher than the national rate of 15.5 percent. The metro’s decrease in vacancy is significant especially since no … [More]

New Behavioral Health Network Formed to Improve Access and Lower Cost

Banner Health

Banner – University Health Plans (B – UHP) and Blaze Advisors have partnered with community-based behavioral health, primary care and social service providers to develop the Integral Health Network of Southern Arizona. The new network is designed to improve access and lower costs for individuals in Central and Southern Arizona with complex behavioral health conditions. The … [More]

Why Leadership Shouldn’t Be a Solo Act: 4 Keys to Building a Support System

inbusinessPHX.com

The big idea: Company leaders are ill-advised to go it alone and try to handle all the major tasks related to today’s complex business world. They must know how to build a strong support system that creates a positive, productive, and durable culture, says Jason Randall, ForbesBooks author of Beyond The Superhero: Executive Leadership For The Rest Of Us and CEO of … [More]

Get Vaccinated: Full Approval for Pfizer Is Another Reason to Get Vaccinated Today against COVID-19

Arizona Department of Health Services

If the term “emergency use authorization” has kept you from getting vaccinated against COVID-19, it’s time to join millions of Arizonans who protected themselves, their families, and their communities by getting a life-saving jab. The Food and Drug Administration, in a critical step toward ending the pandemic, today granted full approval for the Pfizer-BioNTech vaccine to … [More]

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