Ecobat, the global leader in battery recycling, is building its third lithium-ion battery recycling facility and first in North America. The new facility in Casa Grande, Arizona will initially produce 10,000 estimated tons of recycled material per year, with plans to expand capacity to satisfy the increasing need to recycle lithium-ion batteries. The Casa Grande facility will … [More]
Lucid Announces Financial Results and Continues Acceleration
Lucid Group, Inc., setting new standards with the longest-range, fastest-charging electric car on the market, announced financial results for its fourth quarter and full year ended December 31, 2022. The Company produced 3,493 vehicles during Q4 at its manufacturing facility in Arizona and delivered 1,932 vehicles during the same period. On a full-year basis, the Company … [More]
Scottsdale-Based Early Education Provider Expands Montessori Portfolio
Scottsdale-based Cadence Education, LLC, one of the largest providers of early childhood education in North America, is thrilled to announce its acquisition of both The Suzuki School and the Montessori Teacher Education Institute (MTEI) in Atlanta, Georgia. This acquisition will significantly boost Cadence Education's presence in the Southeast, adding three new campus locations … [More]
5 Sustainable Ways to Support Black Businesses beyond Black History Month
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
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
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
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
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
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
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
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
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
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]
Fitness Chain Expanding with Tailored Workout, Opens Second Gym in Surprise
Recognizing overall health and wellness stems from more than just exercise, EoS Fitness is offering the community of Surprise, Arizona an innovative new comprehensive fitness experience. The newest EoS Fitness, located at 13644 N Litchfield Road, is the second to open in Surprise and the company’s 27th location in Arizona. EoS has something for everyone no matter the stage … [More]
Despite Recent Debacles in Crypto Space, Expert and Author Says Now May Be a Great Time to Invest
The recent failures in the cryptocurrency space (think FTX and 3AC) have left many investors uneasy about allocating funds to crypto and other digital assets. Joshua Peck, founder of TrueCode Capital and author of the new book Cryptocurrency Risk Management: A Guide for Family Wealth Managers, says investing now may be the smart move. In the book, Peck offers his thoughts on … [More]
New Affordable Housing Center Opens in Phoenix, Named for Valley Nonprofit Leader
UMOM New Day Centers and CVS Health celebrated the grand opening of a new affordable housing development called Newsom Village. The new 60-unit development is named after Darlene Newsom, the previous UMOM Day Centers CEO. As part of the event, CVS Health offered its no-cost preventive health screening program, Project Health, to residents. The new, 60-unit Newsom Village … [More]
Spicy Vodka Cocktail Brand Partners with Local Distributor to Bring New Product to Arizona Market
KickStand Cocktails announced a multi-year distribution partnership with Hensley Beverage Company, a premier beverage wholesaler of alcoholic and non-alcoholic beverages in Arizona. KickStand, the vodka-based canned cocktail solely dedicated to spice is available in four crushable flavors: Roasted Jalapeño Cucumber, Smashed Raspberry Serrano, Charred Pineapple Poblano and … [More]
Long-Time Valley Breakfast Restaurant Continues Growth with Three New Locations
Over Easy will be opening three new locations in 2023. The local breakfast restaurant, known for creating energized takes on classic breakfast staples with a focus on generating shareable moments, will open in Chandler, Glendale and Tempe, expanding its reach across the Valley. The south Chandler location, which will be located at 7131 W. Ray Road, is set to open early … [More]
