Global Energy Tech Co. Acquires Scottsdale-Based 365 Pronto

Enphase Energy, Inc.

Enphase Energy, Inc., a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced the closing of its acquisition of 365 Pronto, Inc. Based in Scottsdale, Ariz., 365 Pronto is a predictive software platform dedicated to simplifying the cleantech service landscape by matching cleantech asset owners to a … [More]

Heniff to Purchase 100 Zero-Emission Trucks from Thompson Truck Centers and Nikola

Nikola Corporation

Heniff Transportation Systems, LLC has reached an agreement to initially acquire 10 Nikola Tre BEV trucks from Thompson Truck Centers, a member of the Nikola Corporation (Nasdaq: NKLA) sales and service dealer network. Nikola is a leading designer and manufacturer of heavy-duty commercial battery-electric vehicles (BEV), fuel-cell electric vehicles (FCEV) and energy … [More]

Namecheap’s 2021’s Most Popular TLDs & Domain Registration Trends

Namecheap.com

Namecheap, the world's second-largest domain registrar with over 14 million domains under management, today unveiled its annual industry report. The 2021 'Domain Insights & Trends Report' features exclusive domain registration data from 2020 and 2021. The information provides insights into global TLD registration trends for small business owners, online entrepreneurs, … [More]

Phoenix Water Services Seeking to Hire over 55 Critical Positions

City of Phoenix

Phoenix Water Services is seeking to hire over 55 utility technician trainee positions immediately. Interested applicants must apply by Dec. 28, 2021, to be invited to the utility technician trainee hiring event. The hiring event will take place on Jan. 11, 2022, at South Mountain Community Center located at 212 E. Alta Vista Rd. Interviews will be held between 8:30 a.m. - … [More]

Getting a COVID-19 Booster More Important Than Ever with Omicron Spreading Quickly

Arizona Department of Health Services

The Arizona Department of Health Services (ADHS) is urging Arizonans to get their COVID-19 booster dose as soon as they can because of the rapid spread nationally of the Omicron variant and the potential for more breakthrough cases among vaccinated people. Those who have yet to be vaccinated also should act now to get the protection offered by safe, free, and highly effective … [More]

54-Acre Industrial Logistics Park Planned in Buckeye, AZ

inbusinessPHX.com

SVN Desert Commercial Advisors completed the sale of an approximately 54-acre industrial development site in Buckeye at the southeast corner of Southern Ave. and Rainbow Rd. within the Buckeye Rail Corridor. The property was acquired from KWC Motorsports LLC, for $6,525,000 by Buckeye 54 LLC, a Joint Venture formed by Contour Real Estate and Shopoff Realty Investments … [More]

Small Businesses Strive to Remain Positive during Global Supply Chain Crisis

by Liz Pogue

The global supply chain crisis continues to affect shipping for thousands of companies in the U.S. — setting back many orders. Many small companies have faced issues this holiday season, while large corporations are rising above the crisis, taking advantage of their size and scale. The combination of global manufacturer delays with a shortage of materials and employment … [More]

Single-Family Rent Price Growth Triples 2020 Rate in October, Says Report

CoreLogic

CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today released its latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and across major metropolitan areas. October 2021 data shows a national rent increase of 10.9% year over year, up from a 3.2% year-over-year increase in October … [More]

Nikola to Pay $125M Civil Penalty in SEC Dispute

Nikola Corporation

Nikola Corporation, a global leader in zero-emissions transportation and energy infrastructure solutions, today announced a resolution with the U.S. Securities and Exchange Commission. As part of the resolution, Nikola has agreed to pay $125 million to the SEC in five installments over two years. The first installment will be paid by the end of 2021, and the remaining … [More]

Amazon Announces Plans to Create 550 New Jobs at Phoenix Tech Hub

inbusinessPHX.com

Amazon announced plans to create more than 550 corporate and tech jobs in Tempe, Arizona, over the next few years, further expanding the company’s Phoenix Tech Hub. These new roles will support Amazon’s growing teams in Consumer Retail, Amazon Web Services, and Operations, and include positions such as software development engineers, senior solution architects, project … [More]

Private Equity Firm Acquires Majority Stake in Encora

inbusinessPHX.com

Encora, a global digital engineering services company specializing in software product development services for fast-growing enterprises and digitally-native companies and Advent International (“Advent”), a leading global private equity firm, today announced that Advent has acquired a majority stake in Encora’s business. As part of the agreement, Warburg Pincus, the existing … [More]

5 Ways Leaders Can Use Empathy to Increase Employee Job Satisfaction

inbusinessPHX.com

As many workplaces struggle to retain and hire employees during the “Great Resignation,” leaders don’t have time to feel sorry for themselves. But it may be time for more of them to feel empathy toward their workers. Ernst & Young’s 2021 Empathy in Business Survey showed around 50% of employees quit a previous job because their boss wasn’t empathetic to their struggles … [More]

El Mirage Land Purchased to Be One of the Largest Industrial Parks in Arizona

CBRE Group

Dermody Properties, a national private equity real estate investment, development and management company focused exclusively on the logistics real estate sector, is pleased to announce the acquisition of 961 acres of land in El Mirage, Ariz., a suburb of Phoenix, which will be developed into one of the largest industrial parks in Arizona’s history, with initial development … [More]

Fubo Sportsbook Officially Launches in Arizona

inbusinessPHX.com

Fubo Gaming, a subsidiary of leading sports-first live TV streaming platform fuboTV Inc. (NYSE: FUBO), today announced the launch of Fubo Sportsbook in Arizona, marking the second state in which the market-defining sportsbook is available. Sports enthusiasts 21 years of age and older in the Grand Canyon State can now place wagers on thousands of live professional and collegiate … [More]

Commercial Real Estate Investment Firm Acquires Its Seventh Property in Phoenix

Tower 16 Capital Partners

San Diego-based Tower 16 Capital Partners has acquired Park 67 Apartments, a 160-unit multifamily property located in Glendale, Ariz., for $30.4 million. The Park 67 Apartments project was built in 1973 and was acquired from a private seller. “This acquisition marks our seventh property acquired in the Phoenix market and increases our foothold in the Phoenix area to nearly … [More]

Update on Mandatory COVID-19 Vaccinations or Testing

inbusinessPHX.com

On December 17, 2021, in a 2-1 decision, the 6th Circuit Court of Appeals allowed OSHA’s Vaccination and Testing Emergency Temporary Standard (“ETS”) to move forward by lifting an earlier court’s stay that had put the ETS on hold. In response to the court’s decision, OSHA has initiated an aggressive implementation and enforcement schedule. While OSHA expects covered … [More]

Phoenix Looks for Next Generation of Entrepreneur Farmers with Fellowship Program

City of Phoenix

The city of Phoenix Office of Environmental Programs (OEP) is currently accepting applications for the new Urban Agriculture Fellowship Program as part of the American Rescue Plan Act (ARPA) Phoenix Resilient Food System Initiative. The fellowship is designed to train the next generation of growers who will represent the future of farm entrepreneurship, innovation, and business … [More]

Fractional Real Estate Platform Expands into Arizona

Ark7

Ark7, the hassle-free fractional real estate platform for self-motivated investors to earn passive income, today announced it has entered the Arizona single-family housing market with the acquisition of two residential rental properties in Chandler, located in metropolitan Phoenix. Starting today, Ark7 users can purchase ownership shares in these new offerings starting at … [More]

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