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]
Canada Reopens Phoenix Office Following Long Hiatus
To further strengthen the growing relationship between Arizona and Canada, dignitaries and leaders from both regions gathered to mark the opening of the new Canada Consulate office in Phoenix with a ribbon cutting ceremony and reception held on June 24, 2026. Governor Katie Hobbs joined Mark Wiseman, Ambassador of Canada to the United States; Sylvie Bédard, Consul General … [More]
Arizona Businesses More Bullish Than National Peers
Nearly 70% of Arizona businesses say they are prioritizing making investments over cutting costs, according to new data released today by Columbia Bank. At the same time, half of Arizona business leaders say they plan to monitor current pressures from tariffs, inflation and rising energy costs for at least six months before making major decisions. The findings are … [More]
‘Job Scrolling’ Emerges as New Workplace Warning Sign
A new workplace behavior is emerging during the workday, one that experts at Careerminds are calling "job-scrolling." The trend comes at a time when 61% of U.S. employees are considering leaving their current job and another 43% say they plan to search for a new position this year. Careerminds analyzed Reddit threads and hundreds of comments where employees openly share their … [More]
Arizona Takes First Steps Toward Its Nuclear Future
Arizona Public Service (APS), Salt River Project (SRP) and Tucson Electric Power (TEP) continue to work together to explore adding nuclear generation in Arizona, including through a preliminary siting study now underway. New nuclear generation will take time to develop, which is why it’s essential that Arizona’s leading energy providers begin these initial steps now. APS, SRP … [More]
1.1M SF AI Lease Pushes Glendale Industrial Campus to Full Occupancy
Lincoln Property Company, a global, full-service real estate firm with over $31 billion of assets under management, has executed two full-building leases at its 2.4 million-square-foot Luke Field development in Glendale, Arizona. Totaling over 1.1 million square feet, the commitments bring the Class A, three building, LEED certified logistics campus to 100% occupied. The new … [More]
