With surging economic momentum and record foreign direct investment, the Arizona Commerce Authority in partnership with the City of Peoria, Amkor, GPEC, and Opus, will lead an economic development delegation visit to the Republic of Korea on August 12-August 14, 2026. During the visit, the delegation will meet with leaders across government, business, and academia sectors, … [More]
Arizona Launches $1M Revolving Loan Fund for Brownfield Redevelopment
The Arizona Finance Authority announced the launch of a new Brownfields Revolving Loan Fund Program designated for projects focused on cleanup activities for environmentally contaminated sites. Funding for the program has been provided through a $1 million grant from the U.S. Environmental Protection Agency (EPA), which will be loaned to qualifying applicants to conduct … [More]
Phoenix-Born Wellness Dining Concept Continues National Expansion
True Food Kitchen, the chef-crafted restaurant and lifestyle brand known for its fresh ingredient-forward menu and full-day dining experience opened its doors at 1755 29th St, Suite 1080 in Boulder's Twenty Ninth Street Shopping Center. The Boulder location marks the brand's 46th restaurant nationwide and its second in Colorado, following its original Cherry Creek outpost, and … [More]
Raytheon Secures $745M Deal to Produce Missile Interceptors in Arizona
Raytheon, an RTX business, has received a $745 million contract from the Missile Defense Agency for the production and sustainment of Standard Missile-3 Block IIA (SM‑3 IIA) interceptors. "SM-3 Block IIA is a cornerstone of regional defense, giving the U.S. and allied partners greater reach, accuracy and confidence against evolving threats," said Barbara Borgonovi, … [More]
Tempe-Based Chip Equipment Co. Reshapes Leadership for Next Growth Stage
Amtech Systems, Inc., a manufacturer of equipment and consumables enabling AI semiconductor device packaging and advanced substrate fabrication, announced that its Board of Directors has appointed Guy Shechter as President and Chief Executive Officer, effective August 13, 2026. Mr. Shechter also has been appointed to the Company’s Board of Directors. Concurrently, Bob Daigle, … [More]
Stalled Downtown Mesa Development Reborn as 76-Room Hyatt Hotel
Downtown Mesa welcomed its newest hotel with a ribbon-cutting ceremony at 233 E. Main St. The 233 Suites, a 76-room boutique hotel operating under the Unscripted by Hyatt brand, anchors one of the city's most anticipated redevelopment projects alongside Crust Simply Italian, Bombolino's Cafe and The Nightingale speakeasy plus 13,000 square feet of new class A office … [More]
$1M Gift Helps Nearly Double Healthcare Capacity for Valley’s Unhoused
Circle the City has received a transformational $1 million gift from The Bob & Renee Parsons Foundation to support the completion of its new East Valley Medical Respite Center. In recognition of the Foundation's generosity, the facility's main lobby will be named in its honor. Scheduled to open later this year in Mesa, the 85-bed East Valley Medical Respite … [More]
New Chandler Build-to-Rent Project Opens as Demand Outpaces Expectations
Porter Kyle, a Scottsdale-based vertically integrated Build-to-Rent developer and general contractor, announced the grand opening of The Wayne, a 100-unit BTR townhome community in Chandler, Ariz. Residents are moving in and the clubhouse and first four buildings at the community have been transitioned to Mark-Taylor for ongoing lease-up and property management. The opening … [More]
$110M Contract Awards Push Massive Arizona Copper Mine Forward
Resolution Copper has awarded approximately $110 million in contracts to Major Drilling America Inc. and Redpath USA Corporation to advance exploration and underground development at the proposed Resolution Copper mine in Arizona. The contracts represent major early commitments under the approximately $500 million investment program announced following completion of the Final … [More]
$2.2B Acquisition to Create 6th Largest Homebuilding Giant in the U.S.
Dream Finders Homes, Inc. and Beazer Homes USA, Inc. announced that they have entered into a definitive agreement under which Dream Finders will acquire Beazer in an all-cash transaction at an enterprise value of approximately $2.2 billion. Under the terms of the agreement, Beazer shareholders will receive $33.50 in cash for each share of Beazer common stock, representing an … [More]
