Arizona’s Largest Craft Cidery Signs Distribution Deal with Hensley 

inbusinessPHX.com

The veteran-owned and family run craft cidery, Cider Corps, announced that is has signed a distribution deal with Hensley Beverage Company. The partnership comes as the 4-year-old cidery completes its expansion into a 14,000 sqft production facility and will help make its craft beverages available at small and large outlets around the state. “We are so humbled by the … [More]

NerdWallet Announces Expansion into Scottsdale

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NerdWallet, Inc. (Nasdaq: NRDS), a website and app that provides consumers and small businesses with trustworthy financial guidance, announced today it is establishing the company’s third U.S. location with the opening of an office in Scottsdale. “As one of the nation’s leading financial services companies, we are thrilled NerdWallet has chosen Scottsdale as their third office … [More]

Nikola Tre BEV Approved by California Air Resources Board as Zero-Emission Vehicle

Nikola Corporation

Nikola Corporation, a global leader in zero-emissions transportation and energy infrastructure solutions, announced that its Nikola Tre battery-electric vehicle (BEV) has been deemed eligible for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project ("HVIP") program by the California Air Resources Board ("CARB") With this approval, purchasers of the … [More]

U.S. Jobless Claims Rose to Highest Level since Mid-November of Last Year

U.S. Department of Labor

In the week ending January 8, the advance figure for seasonally adjusted initial claims was 230,000, an increase of 23,000 from the previous week's unrevised level of 207,000. The 4-week moving average was 210,750, an increase of 6,250 from the previous week's unrevised average of 204,500. The advance seasonally adjusted insured unemployment rate was 1.1 percent for the week … [More]

Capital Management Firm Launches International Value Fund

inbusinessPHX.com

Smead Capital Management announces the launch of the Smead International Value Fund, a series of the Smead Funds Trust, to public investors. On January 11th, 2022, the Smead International Value Fund succeeded all of the assets of the Smead International Value Fund LP. The Fund will offer retail and institutional share classes starting at a minimum of $100 for … [More]

Health Co. Hiring Hundreds to Handle Record Demand for Covid-19 Testing

Embry Health

Embry Health has immediate openings for 500 new employees in Arizona and across the nation as the demand for Covid-19 testing reaches record levels. On Monday, 46,950 appointments were booked for testing. Additionally, Embry has already helped more patients in January than any other month since the pandemic began, with 413,895 appointments already booked this month. To meet … [More]

Experts Split on whether Affordability Woes or Inventory Gains Will Define 2022 Housing Market

Zillow

An outside panel of economists and housing experts is evenly split on whether sales will rise or fall in 2022 as concerns over worsening affordability collide with expectations for rising inventory. When asked whether sales will rise or fall in 2022 compared to 2021, 41% of participants in the latest Zillow® Home Price Expectations Survey1 (ZHPES) said sales will … [More]

Mereo Networks Acquired by Highway 89 as Part of Landmark Expansion Deal

inbusinessPHX.com

Highway 89, a premier in-building gigabit internet service provider, announced today it acquired four individual operating companies supported by an investment from Freedom 3 Capital, making the company one of the largest bulk internet service providers in the Western United States. Highway 89 now has access to over $100 million of capital to support the development of … [More]

Rehabilitation Hospital Breaks Ground in Peoria

inbusinessPHX.com

Adolfson & Peterson Construction, a top national construction management firm and general contractor, and Reunion Rehabilitation Hospitals, a system of state-of-the-art inpatient rehabilitation hospitals, today announced the groundbreaking of a new location in Peoria with support from America Development & Investments LLC, a leading healthcare real estate developer … [More]

First Community Bank in Arizona to Launch in More Than 14 Years Opens Doors

inbusinessPHX.com

The highly anticipated Scottsdale Community Bank is opening its doors, becoming the first new community bank in Arizona in more than 14 years. Scottsdale Community Bank received final approval from the Federal Deposit Insurance Corporation and the State of Arizona effective January 10, and it plans to hold its grand opening for the public within the next 60 days. “We are … [More]

City of Phoenix Offers Food Business Training for Entrepreneurs

City of Phoenix

Through a partnership with Thrive Consultancy, Inc., the city of Phoenix's Office of Environmental Programs (OEP) is excited to offer a special training program for potential and current food business owners. Applications are open through Feb. 1 for the 10-week Sustainable Cooperative Food Business Training Program, which will build your skills and confidence for starting (or … [More]

Nation’s First Hair Extension Membership Salon Launches National Franchise Offering

inbusinessPHX.com

Scottsdale-based Xtension Envy, the nation's first hair extension salon offering an exclusive membership model, has expanded its leadership team in time for the launch of its new franchise offering that will grow its footprint nationally and build upon the successful brand founded in 2018. Xtension Envy--The Hair Extension Salon is the first-of-its-kind … [More]

$2M Grant Program for Hispanic-Owned Restaurants Launches

inbusinessPHX.com

The United States Hispanic Chamber of Commerce Education Fund, a 501(c)(3) non-profit organization affiliated with the United States Hispanic Chamber of Commerce (USHCC), and Grubhub, a leading U.S. food-ordering and delivery marketplace, have opened applications for the USHCC & Grubhub Restaurant Small Business Grant Program. The program is supported by proceeds from … [More]

First Phase of Multifamily at City North Begins with the Groundbreaking of New Development

inbusinessPHX.com

Rental housing industry leader, Greystar, recently broke ground on the first phase of their multifamily housing development at City North in Phoenix, Ariz. This marks City North's first vertical element in the 100-acre project located just north of Interstate Loop 101 at the intersection of 55th Street and City North Drive in North Phoenix. Crown Realty is the … [More]

Cage-Free Dog Boarding and Dog Daycare Co. Expands, Opens in Mesa

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Dogs 24/7 LLC opens its beautiful, state-of-the-art facility in Mesa, Arizona. It is just one mile from the Gilbert Dogs location, which will be closing. "Mesa Dogs will feature over 7,000 square feet of indoor, cage-free playrooms and over 1,000 square feet outdoors. Our four dog rooms have fun themes such as "Playground", "Bootcamp", "Outer space" and … [More]

Consumer Prices Rose 7% in the Year through December, Fastest Rate since 1982

U.S. Bureau of Labor Statistics

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in December on a seasonally adjusted basis after rising 0.8 percent in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.0 percent before seasonal adjustment. Increases in the indexes for shelter and for used cars and … [More]

Electronics Co. Announces New Factory in Chandler to Expand Capacities of Its Delivery Systems & Services Business

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EMD Electronics, the North American Electronics business of Merck KGaA, Darmstadt, Germany, today announced a new factory in Chandler to manufacture equipment for its Delivery Systems & Services (DS&S) business. As part of the Level Up program, the $28 million investment will enable DS&S to capture and grow its gas and chemical delivery systems business in the … [More]

Salad and Go Expands Valley Footprint, Opens Another Queen Creek Location

inbusinessPHX.com

The newest Salad and Go location will officially open in Queen Creek on Monday, January 17th. At the new Salad and Go, guests can expect hearty salads and wraps, breakfast burritos, seasonal soup, lemonades, organic teas, and cold brew, along with healthy options for kids. Meals are fresh and made-to-order from a drive-thru for fast, friendly service at exceptionally low … [More]

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