5 Sustainable Ways to Support Black Businesses beyond Black History Month

by Nikki Porcher

There’s no doubt that the best and most meaningful way to support Black-owned businesses is to buy from them long-term. Highlighting them during Black History Month is a good first step that business leaders can expand on by incorporating supportive initiatives for Black businesses into their operational processes. Here are five ways to set your business up to have a … [More]

Carvana Turns 10, Celebrating a Decade of Disrupting the Automotive Industry

inbusinessPHX.com

Carvana, an industry pioneer for buying and selling used cars online, is celebrating ten years of disrupting the automotive industry and creating exceptional customer experiences. Powered by proprietary technology and a thriving nationwide logistics network, Carvana’s team of dedicated individuals across the country are driving the future of automotive e-commerce. The company … [More]

Rooftop Opens ‘Vibe Dining’ at Old Town Scottsdale Steakhouse

inbusinessPHX.com

The ONE Group Hospitality, Inc. announced the opening of STK Rooftop at STK Steakhouse in the heart of Old Town Scottsdale. Located at 7134 East Stetson Drive, Scottsdale, AZ 85251, the new rooftop space will offer STK’s signature Vibe Dining at its finest, with elevated and shareable culinary selections, world-famous cocktails and live music spun by renowned DJs. “At STK, … [More]

Phoenix-Based CBD Retail Co. Secures $20M in Financing to Acquire CBD Businesses

inbusinessPHX.com

1606 Corp, an acquisition-based CBD + Hemp retail product distribution company, announces that 1606 Corporation has entered into an Equity Financing Agreement and Registration Rights with GHS Investments LLC. Under the terms of the Equity Financing Agreement, GHS agreed to provide 1606 Corp with, up to $20,000,000, to be used for acquisition financing after the registration of … [More]

Semiconductor Solutions Co. Launches Operations at Manufacturing Facility in Peoria

inbusinessPHX.com

HyRel Technologies, a global provider of quick turn semiconductor modification solutions, announced it has commenced operations of its manufacturing facility in Peoria, Arizona, creating 50 new jobs. Representing a $15 million investment, the custom 20,000-square-foot facility will be geared towards touchless robotic processing systems for microelectronic components, … [More]

Residential Homebuilder Launches Title Division

inbusinessPHX.com

Landsea Homes Corporation, a publicly traded residential homebuilder, announced today the launch of Landsea Title. “The launch of Landsea Title has long been in the works to complement our existing financial operations and offer our home buyers valuable title services,” said Mike Forsum, President and Chief Operating Officer of Landsea Homes. “Having our own title company … [More]

Phoenix-Based Cannabis Co. Plans Acquisition of Canada Cannabis Retail Franchisor

Rick McCartney

Item 9 Labs Corp., a vertically integrated U.S. cannabis dispensary franchisor and operator, has secured the necessary financing to complete the previously announced acquisition of Sessions Cannabis, one of Canada's largest cannabis retail franchisors. The total cash purchase price of the transaction is $12.8 million, which is being fully funded through an Acquisition Line of … [More]

Brooklyn Bedding Parent Co. Acquires Another Sleep Brand

inbusinessPHX.com

3Z Brands, a vertically-integrated manufacturer, wholesaler, retailer, and direct-to-consumer distributor of award-winning sleep products, including Helix Sleep, Brooklyn Bedding, Birch, and Bear Mattress, announced the acquisition of Nolah Sleep. Founded in 2016, Nolah set forward to change the health and wellness of Americans through a focus on good sleep. The company … [More]

Arizona Tequila Company Adds Texas to Its Expansion

inbusinessPHX.com

Arizona-based Tequila Corrido is excited to announce the continued expansion of its agave spirit footprint. The additive-free tequila recently launched its Blanco, Reposado and Añejo throughout the state of Texas. “Each market we expand to is an exciting opportunity for us to continue to share the story, history and authentic taste of Tequila Corrido,” said President and … [More]

Acquisition Expands Garage Door Service’s Presence in Greater Phoenix Metro and Northern Arizona

inbusinessPHX.com

A1 Garage Door Service, an established national leader in the garage door service and sales industry, announced today the acquisition of Legends Garage Door in the greater Phoenix metro area and northern Arizona. Effective immediately, Legends Garage Door will begin operating as A1 Garage Door Service and will continue to successfully serve the communities in the east and west … [More]