In recognition of its compliance with the rigorous requirements for printed circuit board assembly and quality systems established by the Performance Review Institute (PRI) and a consortium of OEM medical device manufacturers, Scottsdale-headquartered Benchmark Electronics (NYSE:BHE) has announced that its Minnesota facilities in Rochester and Winona have received MedAccred … [More]
Blue Cross Blue Shield of Arizona Invests $10 Million in Fight against Opioid Misuse and Substance Use Disorder
Blue Cross Blue Shield of Arizona (BCBSAZ) joined Governor Doug Ducey yesterday to launch Mobilize AZ, a multi-faceted program to address the misuse of opioids and other substances and reduce overdose-related deaths in Arizona. With BCBSAZ investing $10 million over three years, the initiative will support prevention, treatment, and recovery programs to help providers, the … [More]
McDonald’s and Franchisees Investing Approximately $120 Million in Arizona To Modernize More Than 200 Local Restaurants in 2018 & 2019
Yesterday, McDonald’s announced that the company and its franchisees are investing approximately $120 million in Arizona throughout 2018 and 2019 on the construction and modernization of more than 200 McDonald’s restaurants, transforming the customer experience inside and outside the restaurant. In total, McDonald’s and franchisees are investing $6 billion to modernize most … [More]
Oprah Winfrey Makes Equity Investment in True Food Kitchen
True Food Kitchen, the award-winning restaurant brand that has pioneered health-driven dining, announced today that Oprah Winfrey has made an equity investment in the company and will extend her strategic insight to support the brand’s national expansion. In addition, Winfrey joins the restaurant brand’s board of directors and will collaborate and consult with True Food … [More]
YAM Properties Announces Purchase of Westgate Entertainment District
YAM Properties LLC announced today that they have closed on the purchase of the Westgate Entertainment District from iStar Inc. Details of the sale were not disclosed. The 76-acre site, located in Glendale, includes 533,000 square feet of current retail, office and residential space. Projects under consideration for the 33 acres of undeveloped property include a boutique … [More]
CyrusOne Purchases Nearly 70 Acres in Mesa, Arizona, for Development of Second Major Data Center Campus in the State
CyrusOne (NASDAQ: CONE), a premier global data center REIT, today announced it purchased 68.227 acres in Mesa, Arizona for the development of a new data center cloud campus for the Fortune 1000. Upon completion, the new campus, located in the Mesa Elliot Technology Park, is planned to have five building facilities with up to 198 MW of critical power to power the new era of … [More]
High-Performance Providers Recognized for Advancing Care Quality, Improving Patient Experience, and Reducing Avoidable Medical Costs
Change Healthcare and ACO Partner™ announced the first results of a novel Blue Cross Blue Shield of Arizona (BCBSAZ) Shared Savings Program. High-quality providers were rewarded for progress achieving the “triple aim” of reducing costs, enhancing the patient experience, and improving population health. A total of $148,000 was remitted to 148 physicians who participated in … [More]
Tempe Chamber Unveils its New Look
The Tempe Chamber of Commerce is proud to announce the launch of its refreshed logo and updated mission statement as part of the evolution of the organization’s new brand. The Chamber has grown and evolved over the years, and most recently launched a new website and member management technology. Keeping in line with the forward momentum, it has modernized its logo to … [More]
Desert Financial Credit Union Creates Campaign to Save Employee’s Life
Desert Financial Credit Union, Arizona’s largest nonprofit financial institution, is known for benevolent outreach and generosity within the community and today, is asking for help for one of its own. Jason Kvam, an employee of Desert Financial for 23 years, is suffering from severe kidney failure and Desert Financial is pulling out all the stops to ensure he finds one. At … [More]
Walmart’s New Education Benefit Puts Cap and Gown within Reach for Arizona Associates
Walmart unveiled a new associate education benefit designed to remove barriers to college enrollment and graduation. The program is another step in the company’s commitment to train and educate workers to advance in the jobs of today -- and the future. The benefit includes free college credit for Walmart Academy training and options for Arizona associates to earn a college … [More]
SRP, AES Launch Arizona’s First Standalone Energy Storage Project to Provide Flexible Peaking Capacity
Salt River Project (“SRP”) today announced contract execution and the start of construction with The AES Corporation (“AES”) for SRP’s first standalone battery-based energy storage project. The 10-megawatt, four-hour duration energy storage solution, to be supplied by Fluence, will provide peaking capacity that will inject power into the grid during high peak demand periods for … [More]
Versum Materials Joins More than 400 CEOs in Commitment to Advance Diversity and Inclusion in the Workplace
Versum Materials, Inc. (NYSE: VSM), a leading materials supplier to the semiconductor industry, joins the growing coalition pledging to advance diversity and inclusion in the workplace. One of more than 400 CEOs that have come together for CEO Action for Diversity & Inclusion™, Guillermo Novo is committing himself and Versum Materials to advance diversity and inclusion in … [More]
ESI Ventures Succeeds with New Foray into Hospitality
ESI Ventures (ESI), a diversified commercial real estate investment firm that acquires, develops and executes value add and adaptive reuse projects, completes the renovation and refinance of Hotel Adeline in Scottsdale, Arizona, marking their first venture into the hospitality space. After concluding a $13 million renovation to the property, located at 5101 N Scottsdale Road, … [More]
Arizona Commercial Real Estate Industry Scores Key Victories at Just-Completed Legislative Session
The 2018 state legislative session that adjourned on May 4 was productive for Arizona’s commercial real estate industry as BOMA Greater Phoenix had a 5-0 record on bills on which it took a position. The biggest joint victory for BOMA was a grand compromise on GPLET reform. A unanimous deal was struck between developers, cities, and tax watchdogs on the long-term retention of … [More]
FTI Consulting Partners with ClicData to Support Analytics@Work
ClicData, a cloud-based business intelligence platform provider, has partnered with FTI Consulting, Inc., an independent global business advisory firm, to further support and develop Analytics@Work, FTI Consulting’s proprietary analytics solution. Analytics@Work offers tools to assist hospitals and healthcare systems in measuring their performance improvement initiatives … [More]
Diamond Ventures Inc. Announces the Creation of DVI Equity Partners LLC, Specializing in Micro-Cap Investments in Emerging Companies
Diamond Ventures Inc., one of Arizona’s leading real estate development and venture capital companies, today announced that Robert Griffin has joined DVI Equity Partners, LLC, as a principal and the company’s new managing partner. DVI Equity Partners (DVI) is a new venture capital entity that Diamond Ventures and Griffin formed to increase their sourcing and analysis of … [More]
Expansion in Arizona Economy Fuels Job Growth in Key Industries Across the State
Employment is on the rise in Arizona and nearly every industry of the state’s economy is adding jobs every month, according to a Regional Intelligence Report presented at the recent Alliance Bank of Arizona 2018 Economic Forum. From January 2017 to January 2018, mining and construction led the state in job growth at 8.3 percent (12,300 jobs), with nearly all of … [More]
Best Western® Hotels & Resorts Celebrates Groundbreaking of Dual-Branded Hotel in Phoenix
Best Western Hotels & Resorts celebrated the groundbreaking of the brand’s first new-build, dual-branded hotel in Arizona, the home of the company’s global headquarters. During a special morning event, members of the Best Western executive team and the hotel’s ownership group, Sam Trivedi of Shree Hospitality LLC, welcomed local media and dignitaries with celebratory … [More]
