Chandler Chip Co. Lands $40M Defense Deal

inbusinessPHX.com

Everspin Technologies, Inc., the world’s leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, announced an agreement with a U.S. prime contractor to provide state-of-the-art Toggle MRAM process technology capabilities and engineering services for United States Defense Industrial Base customers. Everspin MRAM delivers … [More]

Annual Golf Classic Raises Another $1M for Arizona Nonprofits

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Lerner & Rowe Gives Back, the nonprofit arm of Lerner & Rowe Injury Attorneys, hosted its 13th Annual Charity Golf Classic on April 24 at McCormick Ranch Golf Club, continuing its tradition of raising more than $1 million annually to support Arizona nonprofits. The event brought together community and business leaders for a day of camaraderie, friendly competition, … [More]

Phoenix Continues Innovation Wave with Quantum Technology Initiative

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The City of Phoenix recently announced a bold new initiative to establish the region as a national leader in quantum technology, positioning the city at the forefront of next-generation economic growth and innovation. Unveiled by Mayor Kate Gallego during her State of the City address, the Phoenix Quantum Strategy will unite government, industry and academia to accelerate … [More]

Life Time Debuts New Location at $2B PV Mall Redevelopment

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Life Time, one of the nation's premier healthy lifestyle brands, opened Life Time Paradise Valley, a 91,000-square-foot luxury athletic country club at PV, one of the region's most exciting mixed-use developments, marking continued expansion in the Phoenix market with a second new location set to open just days later on May 4 in Gilbert. Life Time Paradise Valley features a … [More]

Turning Tax Season into a Strategic Reset for Your Business

by Robert Schwister

Once tax filings are complete, many business owners are ready to move on, close the books on last year and refocusing on day-to-day operations. But this window right after tax season is one of the most valuable times of year to step back and evaluate the financial health of a business with fresh, accurate data in hand. Rather than treating tax season as an endpoint, it can … [More]

Honeywell Aerospace Unveils Board for Planned Spinoff

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Honeywell announced the anticipated Board of Directors for Honeywell Aerospace, which will be one of the largest publicly listed pure-play aerospace and defense companies following its planned spin-off from Honeywell. Craig Arnold will lead the 11-person Board as Independent Chair as previously announced. Jim Currier, President and CEO of Honeywell Aerospace, will join the … [More]

Glendale Bank Parent Agrees to $130M Sale

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BNCCORP, INC. and its wholly owned subsidiary, BNC National Bank announced it has signed a definitive agreement to be acquired by OppFi Inc., a tech-enabled digital finance platform, in a cash and stock transaction valued at approximately $130 million. The transaction brings together two complementary, market-leading businesses, combining OppFi's sophisticated online lending … [More]

168-Unit Affordable Housing Project Breaks Ground in South Phoenix

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Ulysses Development Group continues to expand its impact in Arizona with the groundbreaking of Salt River Flats 2, a new affordable housing community located at 4027 S. 13th Street in Phoenix. The project, celebrated today with Governor Katie Hobbs and other partners, will add 168 homes for families and individuals earning 60% of the area median income. To cultivate a sense … [More]

Long-Delayed One Camelback Project Advances toward 2026 Completion

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After years of speculation and a high-profile ownership reset, One Camelback is no longer a question mark on the Uptown skyline. It is a construction site in motion. Kinella Capital, LLC, led by developer TK Stratton, has reached several key milestones at the long-stalled office-to-residential conversion, signaling that one of Phoenix’s most talked-about projects is firmly … [More]

Massive Hangar Project Planned at West Valley Airport

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Davcon Aviation has been awarded a new large-scale hangar development at Phoenix Goodyear Airport. The 40-acre development will include approximately 400,000 square feet of hangar space across multiple facilities designed to accommodate a range of aircraft, including wide-body, narrow-body, and corporate aviation users. Pre-leasing opportunities are currently available. The … [More]