Concorde Career Colleges, the healthcare division of Universal Technical Institute, Inc., announced that Mark Garland has been named Campus President of its new Concorde-Glendale campus in Greater Phoenix. "Mark brings a remarkable track record of building strong campus communities and delivering outstanding student outcomes," said Kevin Prehn, President of Concorde Career … [More]
28 MW Solar Facility Breaks Ground at Arizona Cobalt Project
EVelution Energy LLC, a U.S. critical minerals company developing the first commercial-scale, solar-powered cobalt metal and cobalt sulfate processing facility in the United States, announced the start of construction of the 28-megawatt (MW) solar facility that will power its planned cobalt processing operations in Yuma County, Arizona. Construction began with the … [More]
Multifamily Developer Names New Arizona Development Director
The Richman Group Development Corp. announced the appointment of Abby Perez as Director of Development for the Richman Group of Arizona, strengthening the company's affordable and multifamily development platform across Arizona and the Southwest. Based in Arizona, Perez will lead development initiatives across the state while supporting The Richman Group's strategic … [More]
The Hidden $15B Market Powering the Modern Internet
For years, the technology world obsessed over cryptocurrencies, NFTs, SPACs, and AI startups raising hundreds of millions of dollars before shipping a product. Meanwhile, one of the largest infrastructure markets on the internet matured with almost no public attention. The global secondary market for IPv4 addresses is now worth an estimated $15 billion. Until … [More]
Tempe-Based AI Giant to be Acquired in $3.1B Deal
Schneider Electric, a global leader in energy management and automation, announced that it has entered into a definitive agreement to acquire 100% of Cognite Holding B.V., a leading provider of industrial data and AI software, in an all cash transaction valued at $3.1 billion. Industrial AI is shifting from supporting analytics to executing operations, from describing what … [More]
NASA, SBA Partner to Steer Capital to Space Innovation
The U.S. Small Business Administration (SBA) and the National Aeronautics and Space Administration (NASA) signed a Memorandum of Agreement (MOA) establishing a strategic partnership to strengthen America’s commercial supply chain by expanding private investment in innovative small businesses. “To meet President Trump’s objective of securing American leadership on every … [More]
Chandler Defense Manufacturer Expands Production to Ohio
Pacific Scientific Energetic Materials Company announced the expansion of its production capabilities to a manufacturing site in Solon, Ohio. The new facility is part of the company’s planned expansion to meet growing demand for precision energetics and safety systems in the Defense and Space industries. The Solon facility will create 75 new positions and become PacSci EMC’s … [More]
Valley-Based HR Technology Firm Launches New Benefits Advisory Service
PrismHR, a Vensure Employer Solutions company and the leading HR technology software innovator for service providers across the U.S., announced the launch of PrismHR Insurance Advisory & Benefits Services, a new offering designed to help human resources outsourcing providers (HROs) and service providers deliver smarter, more strategic benefits programs through a unified, … [More]
Healthcare Co. Names New CEO for Arizona Orthopedic Network
Healthcare Outcomes Performance Company (HOPCo), a global provider of musculoskeletal value-based care and practice management, announced the appointment of Ashley Vertuno as Chief Executive Officer of its Arizona Market, effective July 1, 2026. In her new role, Vertuno will oversee The CORE Institute and The CORE Institute Specialty Hospital (CISH) – both in Phoenix – and … [More]
SRP, NAU Partner to Pilot New Wildfire Monitoring Technology
Salt River Project and Northern Arizona University are installing new wireless moisture sensors designed by a company called Growvera to improve how wildfire risk is monitored in the Tonto National Forest. This is the first utility installation of this technology in the country. Fuel moisture is one of the most important indicators of wildfire danger, but today it is … [More]
MAG Names New Regional Chair, Other Board Officers
Buckeye Mayor Eric Orsborn was elected as chair of the Maricopa Association of Governments (MAG) Regional Council today during the agency’s annual meeting. As the agency’s new chair, Orsborn said his top priority is to ensure strong regional coordination and responsible stewardship of the voter-approved Proposition 479 funding. Mayor Orsborn previously served as MAG Vice … [More]
Beauty Brand Adds Phoenix Franchise as Valley Growth Continues
Blo Blow Dry Bar, North America's original blow dry bar franchise, has signed a franchise agreement in Phoenix, as the brand continues its expansion across North America. This agreement comes at a time when Arizona is recognized as one of the country's fastest-growing states for franchising, making it a strategic market for Blo's continued expansion efforts. Local … [More]
Honeywell Aerospace Completes Spin-Off
Honeywell Aerospace Inc., a leading global tier-1 aerospace and defense supplier of mission critical systems and technologies, today celebrates its first day as an independent, publicly traded company following the completion of its spin-off from Honeywell International Inc. Shares of Honeywell Aerospace will begin trading on the Nasdaq Stock Market effective at the market … [More]
Three Questions Every Business Owner Should Ask Before Selling
With tariffs, oil price volatility and ongoing geopolitical tensions dominating the news cycle, many business owners are asking the same question: Is now a good time to sell? According to Mark Herbick, founder and CEO of middle-market advisory firm Pursant LLC, the answer depends far less on headlines than most owners assume. “A lot of people think that because of the things … [More]
Raytheon Secures $1.1B Contract to Ramp Missile Production
Raytheon, an RTX business, was awarded a $1.1 billion contract from the U.S. Navy to produce AIM-9X Block II missiles to bolster U.S. military inventory and meet increased demand from allied nations. Under the contract, Raytheon will produce AIM-9X missiles along with associated hardware and software for U.S. and Foreign Military Sales customers. "Our teams have … [More]
Valley Chip Giant Makes $7B Bet on Next-Gen Computing
onsemi and Synaptics Incorporated announced they have entered into a definitive agreement under which onsemi has agreed to acquire Synaptics in an all-stock transaction, representing a total enterprise value of approximately $7 billion. The transaction value reflects a fixed exchange ratio of 1.350 shares of onsemi common stock for each Synaptics share and represents an … [More]
ACA Funding Backs Six New Arizona Health Tech Projects
The Partnership for Economic Innovation (PEI), a passionate collective of business and community leaders dedicated to accelerating Arizona's economic opportunities, has secured $600k in funding from the Arizona Commerce Authority (ACA) to support six new health technology projects. Through PEI’s Applied Research Centers, these projects represent the fifth and latest cohort of … [More]
Toll Brothers to Launch Luxury Home Community in Peoria
Toll Brothers, Inc., the nation’s leading builder of luxury homes, today announced its newest luxury home community, Toll Brothers at Saddleback, is coming soon to Peoria, Arizona. Located within the Saddleback master plan, this gated community will offer two refined collections of single-story homes and access to exceptional resort-style amenities. Sales are anticipated to … [More]
