U.S. to Hold Over 20% of Advanced Semiconductor Capacity by 2030, Arizona Playing Key Role

by Mike Hunter

TrendForce’s latest findings reveal that Taiwan Semiconductor Manufacturing Company (TSMC) has announced it’s increasing investment in U.S. advanced semiconductor manufacturing, bringing the total to US$165 billion. Mass production is expected to begin after 2030 if the three newly planned fabs proceed on schedule. The U.S., which has been actively expanding its advanced … [More]

Mesa City Council Appoints New City Manager

inbusinessPHX.com

The Mesa City Council has unanimously appointed Scott Butler as the new City Manager. Butler, who has served as Assistant City Manager since July 2022 and brings to his new role nearly 21 years of experience with the City of Mesa, will succeed Christopher J. Brady on June 1, 2025. Brady announced his retirement in January after nearly two decades of transformative … [More]

Partnership Aims to Provide a Second Chance to Previously Incarcerated Individuals

inbusinessPHX.com

Scottsdale Recovery Center, a leading provider of addiction treatment and recovery services, announced its partnership with the Arizona Department of Corrections Rehabilitation and Reentry for the health justice re-entry program. This transformative initiative aims to support individuals transitioning out of incarceration by providing them with essential resources to … [More]

Phoenix Raceway Signs Official Health and Wellness Partner

inbusinessPHX.com

HonorHealth, a leading healthcare system serving more than five million people in the greater Phoenix and Scottsdale areas, announced its new three-year partnership with Phoenix Raceway as the official Health and Wellness Partner. This alliance underscores a shared commitment to promoting safety, health and vitality for motorsports enthusiasts and the broader community. “We … [More]

CrossFirst Bank Snatched Up by Illinois-Based Busey Bank

inbusinessPHX.com

Illinois-based First Busey Corporation, the holding company for Busey Bank, announced the completion of its acquisition by merger of CrossFirst Bankshares, Inc., the holding company for CrossFirst Bank, effective March 1, 2025. The transaction was previously jointly announced on August 27, 2024. CrossFirst Bank operates two branches in Arizona, one in Phoenix and another in … [More]

TSMC to Build Additional Three Fabs, Two Advanced Packaging Facilities, and R&D Center in Arizona

inbusinessPHX.com

Following a meeting at the White House, TSMC Chairman and CEO C.C. Wei announced a historic expansion of TSMC’s advanced semiconductor operations in Arizona. TSMC will invest at least an additional $100 billion to build three additional semiconductor fabs in Arizona as well as two advanced packaging facilities and a major R&D Center. The investment comes in addition to … [More]

Industry Veteran Brings 30 Years of Experience to Lead ABA’s Growth and Innovation

inbusinessPHX.com

The Arizona Builders Alliance (ABA), a leading trade association for contractors in Arizona, announces Mark Stoller as its new Board Chairman for 2025. Stoller, currently the General Manager Southwest Division for GrayWolf, brings over 30 years of construction industry experience to this pivotal role. Stoller's appointment marks a significant milestone for the ABA, … [More]

Consumer Protection Week 2025: How to Protect Your Finances, Data and Sanity

inbusinessPHX.com

In recognition of National Consumer Protection Week 2025, the PIRG Education Fund has created consumer protection tips and tools to help Arizonans address a wide range of common issues. Diane E. Brown, Executive Director of the Arizona PIRG Education Fund, stated, “As consumers, we have a lot of plates to keep spinning: Making sure our information is safe. Finding a better … [More]

Chandler’s $44.6 Million Reclaimed Water Interconnect Facility Completed

inbusinessPHX.com

General contractor McCarthy Building Companies recently completed the $44.6 million Reclaimed Water Interconnect Facility (RWIF) for the City of Chandler. The facility treats water from the Salt, Verde and Colorado rivers and utilizes Chandler’s reclaimed water distribution system for delivery to several aquifer recharge sites owned by the city. The RWIF project is a membrane … [More]

Rapidly Growing Sub Shop Launches Third Scottsdale Location

inbusinessPHX.com

Cheba Hut, the counter-culture-themed sandwich shop known for its ‘toasted subs’ and laid-back atmosphere, is opening a new location at 8776 E Shea Blvd, Suite 100, in Scottsdale on March 10. Located at the corner of 101 and Shea, the new shop is the brand’s 11th location in Arizona – and its 77th systemwide.  This will be the second Cheba Hut location for franchisees … [More]

Resort Developer Taps Internationally Acclaimed Architecture Firm for Scottsdale Luxury Residences

inbusinessPHX.com

Replay Destinations, a leading developer of premier destination resort and residential communities, announced today its partnership with world-renowned architectural firm Olson Kundig on the final phase within Ascent at The Phoenician®—Summit by Olson Kundig—marking the firm’s inaugural condominium residential project in Arizona. Tucked at the base of Camelback Mountain and … [More]

TSMC Intends to Expand Its Investment in the U.S. to $165 Billion to Power the Future of AI

inbusinessPHX.com

TSMC announced its intention to expand its investment in advanced semiconductor manufacturing in the United States by an additional $100 billion. Building on the company’s ongoing $65 billion investment in its advanced semiconductor manufacturing operations in Phoenix, TSMC’s total investment in the U.S. is expected to reach $165 billion. The expansion includes plans for three … [More]

Mayo Clinic Announces Transformative $1.9B Investment in Arizona, Reimagining Healthcare

inbusinessPHX.com

Mayo Clinic announced a nearly $1.9 billion investment in the continued transformation of its Phoenix campus as part of its Bold. Forward. strategy to Cure, Connect and Transform healthcare for the benefit of patients everywhere. Bold. Forward. Unbound. in Arizona will enable new innovative care concepts, physical spaces and integrated technologies to create seamless care … [More]

5 Ways You Can Use AI Hiring Tools and Avoid Legal Trouble 

inbusinessPHX.com

Current estimates show that around 50% of companies now use AI tools for recruitment and hiring. However, the wild west of AI usage will soon come under legal wrangling. Earlier this month, an applicant in a groundbreaking AI bias lawsuit (Mobley v. Workday, Inc.) requested the court’s approval of a nationwide class of potential plaintiffs. “Derek Mobley’s case against … [More]

Employee Benefits Co. Recognized as Blue Zones Approved Worksite

inbusinessPHX.com

Benefit Commerce Group, an Alera Group company, is proud to announce that the company has been officially recognized as a Blue Zones Approved Worksite by the Blue Zones Project Scottsdale. This prestigious designation is awarded to employers who demonstrate a commitment to promoting health, happiness, and longevity among their workforce. In celebration of this achievement, … [More]

City Launches New Tool for Finding Parking in Downtown Phoenix

inbusinessPHX.com

​The City of Phoenix has launched a new tool ​to help Phoenix guests and residents easily find parking when visiting downtown Phoenix. ParkPHX, a web-based application, is designed to provide easy access to information on all public parking facilities in one convenient location—helping users find parking based on what matters most to them, from cost to electric vehicle charging … [More]

SRP Board of Directors Approves Pricing Proposal

New Pricing Effective in November

inbusinessPHX.com

The Salt River Project’s (SRP) publicly elected Board of Directors today approved SRP management’s amended pricing proposal that will, among other things, support ongoing system reliability, expand low-income bill assistance, and provide super off-peak pricing that takes advantage of abundant low-cost, low-carbon utility scale solar. The SRP Board of Directors last approved … [More]

Entertainment and Dining Co. Becomes Naming Rights Partner at Phoenix Raceway

inbusinessPHX.com

Phoenix Raceway announced that Dave & Buster’s will carry naming rights for the Dave & Buster’s Gamer Garage, located in the infield connected to the NASCAR Cup Series Garage adjacent to the track’s dogleg. “Dave & Buster’s exemplifies the fun that is offered at Phoenix Raceway,” said Phoenix Raceway President Latasha Causey. “Their top-notch entertainment … [More]

In Business Dailies

Sign up for a complimentary year of In Business Dailies with a bonus Digital Subscription of In Business Magazine delivered to your inbox each month!

  • Get the day’s Top Stories
  • Relevant In-depth Articles
  • Daily Offers
  • Coming Events