Grand Canyon University and McCarthy Building Companies have expanded GCU’s successful Center for Workforce Development to include four new trades — civil construction, mechanical/plumbing, HVAC and concrete — opening the door to more career opportunities for students and creating a pipeline of skilled talent for the construction industry. The Pre-Apprentice Construction … [More]
Governor Appoints New Director for the Office of Economic Opportunity
Governor Katie Hobbs is appointing Mary Foote to lead the Office of Economic Opportunity. Director Foote currently serves as the Director of the Greater Arizona Development Authority, the state infrastructure bank for rural and Tribal communities, unlocking investment capital for critical projects such as fire stations, roads, and libraries across the state. Under her … [More]
Real Estate Trust Expands Phoenix Holdings with 700,000+ SF Acquisition
INDUS Realty Trust, Inc., a U.S.-based logistics real estate business, announced that it completed the acquisition of a fully leased, three building, 731,571 square foot Class A warehouse/distribution portfolio in the Phoenix, Arizona market. The portfolio features market-leading attributes, including 30-foot clear heights, 124 dock-high doors, and rail access. The three … [More]
West Valley Multi-Use Development Nears Completion with New Tenant Signings
Sunbelt Investment Holdings, Inc., a retail developer and owner, has experienced substantial leasing progress at Buckeye Commons West, a key extension of its Buckeye Commons development. The project has achieved significant milestones with sitework now complete. Pads have been delivered to a strong lineup of major brand tenants, emphasizing a drive-thru pad tenant format. … [More]
Labor Concerns Loom amid Slight Optimism Uptick
The NFIB Small Business Optimism Index rose 0.5 points in August to 100.8, nearly 3 points above the 52-year average of 98. Of the 10 Optimism Index components, four increased, four decreased, and two were unchanged. The increase in those expecting real sales to be higher contributed the most to the rise in the Optimism Index. The Uncertainty Index fell by 4 points to 93 but … [More]
SRP Partners with Google on Energy Storage
Salt River Project and Google announced a first-of-its-kind research collaboration to better understand the real-world performance of emerging non-lithium ion long duration energy storage (LDES) technologies, aiming to accelerate the advancements needed to deploy LDES at scale. As part of the research collaboration, Google will fund a portion of the costs for … [More]
Arizona Leaders Travel to Taiwan to Deepen Workforce Collaboration
Amid rapid economic momentum and record FDI activity between Arizona and Taiwan, the Arizona Commerce Authority is leading a delegation of more than 50 Arizona business, academia, and community leaders on an economic trade visit to Taiwan. The group delegation visit, which is taking place September 8 to September 10, 2025, features a full schedule including meetings with … [More]
Gilbert-Based Sweetener Co. Names New CEO
Wisdom Natural Brands, parent company of the SweetLeaf brand of stevia and other natural sugar substitutes, announced the appointment of long-time company consultant Aaron Henderson to serve as CEO and take the reins of a major rebranding and expansion campaign. He succeeds Michael May, a founding family member who has led Wisdom since 2021 and remains Chairman of the … [More]
Global Logistics Firm to Hire Nearly 800 in Phoenix Ahead of Holiday Season
GEODIS, a global logistics provider, announced plans to hire approximately 755 seasonal workers the Phoenix, Arizona, area to support the anticipated surge in demand during peak season. This hiring initiative will significantly enhance the company’s operational capacities in its warehouses and distribution centers in preparation for the holiday season, with seasonal employees … [More]
Major Acquisition Grows PNC’s Arizona Footprint to 70+ Branches
The PNC Financial Services Group, Inc. announced a definitive agreement to acquire FirstBank Holding Company, including its banking subsidiary FirstBank, headquartered in Lakewood, CO. FirstBank, with $26.8 billion in assets as of June 30, 2025, provides commercial and retail banking services across Colorado and Arizona. FirstBank operates 95 branches, with a leading … [More]
