Rail Logistics and Supply Chain Management Co. Expands Operations to Phoenix

inbusinessPHX.com

MHX, LLC announced the commencement of operations in Phoenix, Arizona, effective April 1, 2024. This strategic expansion marks a significant milestone for MHX, expanding its existing facility portfolio in California, Oregon, and Washington, and enabling the company to better serve a broader range of customers in the West. The new Phoenix transload site spans 108 acres and … [More]

2024 Career Optimism Index Study Highlights Shift from The Great Resignation to a Great Talent Stagnation

inbusinessPHX.com

The University of Phoenix Career Institute® released its 2024 Career Optimism Index®, a comprehensive study examining the state of American workers' career trajectories and sentiments about the future of their job and career opportunities. This year's Index, the fourth consecutive year it has been fielded, reveals that workers and employers are facing a critical moment of … [More]

Heavy Hitter Joins Agency as Non-Compete Expires

inbusinessPHX.com

ON Advertising  announced that Matt Owens, the dynamic former co-founder and owner of OH Partners, is now one of the owners of ON Advertising.  Matt brings more than 30 years of experience in marketing and advertising.  In fact, Matt was born and raised in the advertising industry and he is a second generation agency owner. Matt’s father owned and ran Owens & Associates in … [More]

Arizona Exports Break New Records

inbusinessPHX.com

Arizona companies exported a record amount of goods in 2023, Governor Hobbs announced in her International State of the State address. Exports grew to $28.79 billion in 2023, a 5.5% increase ($1.5 billion) over the previous year. Arizona’s growth bucks the trend for the U.S., which saw exports decrease by 2.2% in 2023. “A testament to the strength and diversity of the … [More]

Phoenix Leads the U.S. Data Center Market in Average Asking Rates 

inbusinessPHX.com

North American data center pricing approached record levels in 2023, with Phoenix  boasting some of the highest average asking rates ($170 – $200) for 250-500 kilowatt (kW) per month, according to CBRE’s latest North American Data Center Trend Report. Leasing activity remains strong, and renewal rates increased by 20% from H2 2022 to H2 2023. The Valley's vacancy rate is 3.9%, … [More]

SRP Boosts City of Phoenix’s Effort to Install Electric Vehicle Chargers at Public Libraries across the City

New Justice40 Rebate supports underserved communities with more access to public charging

Rick McCartney

In a major initiative that began in 2023, the City of Phoenix, with support from SRP, has successfully installed electric vehicle (EV) chargers at six Phoenix Public Library locations throughout the city. These six locations are within SRP’s service territory, and each charging station offers two charging ports for library visitors to plug in. The installation of … [More]

Nonprofit Launches New ‘Fair Chance’ Program from $500,000 Chase Foundation Grant

inbusinessPHX.com

Valley of the Sun United Way is forming a new Fair Chance Collaborative to help address the multi-dimensional needs of individuals in the Phoenix metropolitan area who have been involved with the justice system. The Collaborative was catalyzed by a $500,000 investment from the JPMorgan Chase Foundation. The new Collaborative will build off existing efforts and explore … [More]

The Typical Homebuyer’s Down Payment Is $56,000, Up 24% from a Year Ago

Rick McCartney

The median down payment for U.S. homebuyers was $55,640 in February, according to a new report from Redfin, the technology-powered real estate brokerage. That’s up 24.1% from $44,850 a year earlier—the largest annual increase in percentage terms since April 2022. Phoenix Metro home purchases made in cash were down 6.1 percentage points from a year earlier—the fifth largest … [More]

WEBINAR – Apr 16: Constructing and Updating Your Core Marketing Message

Arizona Commerce Authority

UPCOMING SESSIONS Join us for an Arizona Small Business Boot Camp! Constructing and Updating Your Core Marketing Message 4/16/2024 | 9:00 AM Join Duke Merhavy as he provides businesses with the necessary information to help put together a winning core marketing message. REGISTER NOW … [More]

Take Charge America Names New CEO

Rick McCartney

Take Charge America, a national leader in nonprofit credit counseling and debt management, announced today that Manuel Salazar has been appointed CEO. With a strong focus on service innovation and meeting consumers’ diverse debt relief needs, Salazar oversees the greater execution of Take Charge America’s vision to serve as a lifelong resource for individuals and families … [More]

What’s Happening at the Herberger Theater Center!

inbusinessPHX.com

Educating Rita PRESENTED BY ORDER CHAOS THEATER COMPANY MARCH 22 – APRIL 7 | THE KAX STAGE Frank is a tutor of English whose disillusioned outlook on life drives him to drink and bury himself in his books. Enter Rita, a forthright 26-year-old hairdresser who is eager to learn. After weeks of cajoling, Rita slowly wins over the very hesitant Frank with her innate … [More]

Dark Sky Festival Returns to Fountain Hills Mar. 30th in Fountain Hills

Festival Runs Prior to Apr. 8th Eclipse Watching Party

inbusinessPHX.com

The annual Fountain Hills Dark Sky Festival will take place Saturday March 30th from 4pm to 9pm at the Fountain Hills Community Center located at 13001 N La Montana Drive. The event will feature live music, food trucks, a “Star Party & Laser Tour of the Stars,” nocturnal animals, guest speakers, and more. For a list of all the activities follow this link. The Festival is … [More]

onsemi Aligns Business Groups to Expand Product Portfolio and Accelerate Growth

inbusinessPHX.com

onsemi announced the formation of the Analog and Mixed-Signal Group (AMG) which will be led by newly appointed group president, Sudhir Gopalswamy. The group will be focused on expanding onsemi’s portfolio of industry-leading power management and sensor interface devices to unlock an additional $19.3 billion total addressable market and accelerate the company’s growth in the … [More]

Rising Supply Draws in Some Buyers, Even as Housing Payments Soar 10% to All-Time High

Rick McCartney

The typical U.S. monthly housing payment hit an all-time high of $2,721 during the four weeks ending March 24, up 10% from a year earlier, according to a new report from Redfin, the technology-powered real estate brokerage. Housing payments are at a record high because of the one-two punch of elevated mortgage rates and rising home prices. Mortgage rates remain elevated near … [More]

Phoenix Final Four Events: Know before You Go

Rick McCartney

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ The City of Phoenix is excited to welcome basketball fans to explore and enjoy the excitement in and around downtown during the NCAA Men's Final Four, April 5 to April 8, 2024. Whether you're a resident looking for information about the March Madness Music Festival ® at Hance Park or the Final Four … [More]

ASU Prep Is First Elementary School to Deliver New Immersive Learning Experiences

inbusinessPHX.com

ASU Prep Pilgrim Rest announced a new partnership with Dreamscape Learn, making it the first elementary school in the country to offer students a dynamic new learning experience that blends the power of experiential pedagogy, cinematic engagement, and advanced virtual reality (VR) technology. Using the Dreamscape Learn platform, ASU Prep Pilgrim Rest teachers and students … [More]

Chamber Announces Prestigious Award Finalists

Rick McCartney

The Greater Phoenix Chamber has selected 30 local companies as finalists for its 37th Annual IMPACT Awards. The IMPACT Awards honor the accomplishments of small and mid-to-large sized Valley businesses and their positive influence on the community and economy. Community voting to determine the recipients of the 2024 IMPACT Award is now open from March 28th to May 3rd. The … [More]

Iconic L.A. Donut Shop to Open in Phoenix

inbusinessPHX.com

Randy’s Donuts, the most iconic and recognized donut shop in the world, is opening its first location in Phoenix on April 23, 2024. Randy’s is rolling out the glazed carpet with local entrepreneur Brian Padilla, who has plans to open multiple franchised locations in the state of Arizona, New Mexico & El Paso, Texas. The first Randy’s Donuts in Phoenix will do a soft open … [More]

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