The Stability Problem Behind Phoenix’s Workforce

by Lindsay Brown

On the surface, the national workforce appears to be on the mend after a significant dip in February. March’s national jobs report showed payroll gains of 178,000 and a slight drop (-.1%) in unemployment to 4.3%. On paper, those numbers suggest a strengthening labor market. However, wage growth continues to slow, and workforce participation has declined. At the same time, … [More]

Australian Chip Co. Opens First U.S. Facility in Tempe

inbusinessPHX.com

Syenta, an Australian semiconductor technology company, announced the opening of its first U.S. facility in Tempe, Arizona, bringing advanced packaging technology, high-skilled jobs, and global innovation to the state. The expansion was made possible with support from the Arizona Commerce Authority (ACA), Greater Phoenix Economic Council (GPEC), City of Tempe, and Arizona State … [More]

Manufacturing Technology Co. Debuts Technical Center in Phoenix

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Manufacturing technology company Mazak Corporation will host its DISCOVER MORE WITH MAZAK Phoenix Grand Opening event April 28-29 at its new Mazak Phoenix Technical Center. Located at 2675 West Buckeye Rd. in Phoenix, Ariz., the new technical center provides service and support for manufacturers throughout the Western United States. The facility houses a call center, … [More]

Branding Push Seeks to Reframe National Perception of Greater Phoenix

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The region of Greater Phoenix is in the midst of unprecedented growth, but a survey conducted by the Greater Phoenix Economic Council in 2025 displayed a discrepancy in activity compared to perception among CEOs and the general public across the country. About 45% of the people surveyed stated they were not familiar with the market. When asked for descriptors of Greater … [More]

700,000 SF Industrial Project Moves Ahead in West Valley

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Creation, a performance-driven real estate development and alternative investment firm, in partnership with a real estate fund advised by Crow Holdings Capital, has closed on a 38-acre site in Avondale for the development of Avondale Tech Center, a three-building Class-A industrial campus totaling approximately 700,000 square feet. Located on the northwest corner of 117th … [More]

Scottsdale-Based Wealth Firm Names COO to Support Next Phase of Growth

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Wilde Wealth Management Group, an award-winning financial services firm that provides comprehensive retirement, investment, real estate, insurance, legal and tax planning services all under one roof, is pleased to announce Erica Bloudek as its new Chief Operating Officer. In her role, Bloudek will lead the firm’s operational strategy, ensuring all systems, processes, and … [More]

Scottsdale Hearing Aid Co. Lands 1,000 Store Target Rollout

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Audien Hearing, a leader in accessible, high-performance hearing solutions, announced the nationwide launch of its Atom One, Atom Pro 2, and Atom X devices in more than 1,000 Target stores and on Target.com. This milestone expands Audien's total retail presence to over 11,000 locations across the United States, accelerating its mission to make hearing care more accessible than … [More]

East Valley Co. Prepares Launch of Massive Mining Wheel following Validation

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After years of engineering development and large-scale field testing, Global Air Cylinder Wheels, the Phoenix-based innovator behind the patented Air Suspension Wheel, has reached a key milestone in its transition from research and development to commercial deployment for 2026, following successful extreme-condition validation trials in Minnesota mining operations. The … [More]

Downtown Tempe Unveils New Mill Avenue Gateway

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Early on April 20, a striking new metal gateway sign was installed, unveiling a bold and iconic entrance on Mill Avenue just north of University Drive. The gateway includes metal letters spelling ‘MILL AVE’ floating 20 feet above the street on flexible catenary cables. The artwork was fabricated by Spectacle, an Arizona-based company that has created public art across the … [More]

Downtown Phoenix’s Planned Tallest Tower Rebrands

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Empire Group of Companies, through its luxury urban infill division Aspirant Development, announced the official rebranding of its highly anticipated Downtown Phoenix high-rise project from its working name, Astra, to Arro – a landmark mixed-use development poised to become the tallest building in Arizona upon completion. Spanning approximately 1.8 million square feet, Arro … [More]