Venture Madness Introduces 2024 Board of Directors

Organization also appoints Tom Fulcher to board chair and promotes Karen Katzorke to president and CEO

inbusinessPHX.com

Venture Madness unveiled recent changes to its Board of Directors for 2024 including the appointment of Tom Fulcher as Board Chair and Karen Katzorke as President & CEO. Fulcher also serves as President and CEO of The Idea Gardener LLC and has over 30 years of management experience with startups, small businesses and Fortune 500 companies. He is an angel … [More]

Nucleus RadioPharma Announces New Manufacturing Site in Mesa

Facility will put high-quality development and manufacturing for short half-life theranostic products within reach

inbusinessPHX.com

Nucleus RadioPharma, the world’s first fully integrated development, manufacturing, and supply chain organization for radiopharmaceuticals, announced that it has signed a lease and committed to build a new manufacturing facility in Mesa, Arizona. Once operational in mid-2026, the 53,000-square-foot facility will create 50 new skilled jobs. The theranostic market currently … [More]

Avnet Names New Chief Digital Officer to Drive Distributor’s Digital Strategy

inbusinessPHX.com

Avnet has hired Dave Youngblood as Chief Digital Officer, effective October 21, 2024. In this newly created role, Mr. Youngblood will lead and further enable Avnet’s enterprise-wide digital platform and eCommerce approach. Reporting to Chief Executive Officer, Phil Gallagher, he will also be joining Avnet’s executive leadership team. Avnet’s digital strategy focuses on … [More]

Republic Services Launches Tool to Help Businesses Improve Sustainable Practices

inbusinessPHX.com

Circularity, the concept of maintaining the value and use of materials as long as possible to minimize waste and resource consumption, is critical for businesses to reduce their environmental impact and achieve sustainability goals. Republic Services, Inc., a leader in the environmental services industry, today launched the Circularity Index, a no-cost online tool to help … [More]

Community Tech Hub Launches Foundation to Expand Accessibility to STEM Education

inbusinessPHX.com

GenTech, a community tech hub that provides personal tech support and STEM education programming, has launched the GenTech Foundation to bring its KidsTech program to more Valley schools, bridging the STEM education divide among students and allowing more kids the opportunity to explore their interest in technology. As part of its launch, the foundation has partnered with the … [More]

Data Center Vacancy Falls to 3% in the Americas, Phoenix Still Holds Third Largest Market Status

inbusinessPHX.com

Cushman & Wakefield, the global real estate services firm, has released its latest research report on data center markets, showing that power and component lead times continue to slow delivery of new supply. The vacancy rate in the Americas has fallen to 3%, with over 80% of deliveries pre-leased in major markets, pushing lease rates higher. Phoenix comes in at the third … [More]

Honeywell Aerospace Technologies Launches Innovation Hub at ASU

Collaboration with ASU’s Ira A. Fulton Schools of Engineering will bring new equipment and professional expertise to ASU students

inbusinessPHX.com

Honeywell opened the Honeywell Innovation Hub — a new space on Arizona State University’s Tempe campus launched in collaboration with Ira A. Fulton Schools of Engineering. Both the Fulton Schools and Honeywell are focused on empowering students to develop key engineering skills and solve the aerospace industry’s most pressing challenges. The opening of the hub supports … [More]

SWAP Hub Team Awarded CHIPS Act Funded Project to Converter for Advanced Radar Systems

Rick McCartney

The Deptartment of Defense has announced that the Southwest Advanced Prototyping (SWAP) Hub based at Arizona State University has been awarded $5M in funding by the CHIPS and Science Act for a Multi-MHz, High Density, Ultra-fast RADAR Power Convert project that will advance radar power systems in critical defense applications. Researchers at the SWAP Hub are developing a … [More]

Intel’s Challenge: Layoffs amid Semiconductor Expansion

by Stephanie Quinn

Intel Corp., a major player in Arizona’s semiconductor industry, recently announced plans to cut 15% of its global workforce, roughly 15,000 jobs. This decision comes as the company grapples with financial challenges, including a $1.6 billion loss in the second quarter of 2024. The cuts are part of a broader restructuring aimed at saving $10 billion by 2025. What does this … [More]

Hyperion Technologies Looks to Make Peoria Home

by Stephanie Quinn

The latest company to invest in Arizona's growing semiconductor industry is Hyperion Technologies, a leader in manufacturing high-density interconnect IC substrates (HDI-IC substrates). Although Hyperion may not yet be a household name, its recent announcement to build a 600,000-square-foot facility in Peoria aims to fill a crucial gap in the U.S. semiconductor supply chain and … [More]