Microchip Technology announced it has engaged Macquarie Group to oversee the marketing and sale of its wafer fabrication facility (“Fab 2”) located in Tempe, Arizona. This decision is part of Microchip's previously announced manufacturing restructuring plan supporting its strategic goal of enhancing operational efficiency and profitability. The Fab 2 site, which … [More]
CRE Development Co. Adds Industry Veteran to Lead New Hospitality Division
Plaza Companies is expanding its presence in the hospitality industry with the formation of a new arm of the business to pursue hotel and lodging projects. The new division will build off Plaza’s success with mixed-use, office, bioscience, medical, and senior living properties, and comes fresh off the launch of the new Home2 Suites/Tru by Hilton hotels at the company’s Park … [More]
New SARRC Campus in Mesa Celebrates Grand Opening
Willmeng Construction recently celebrated the completion of work for Southwest Autism Research & Resource Center (SARRC) on its new Kathryn G. Bosco Campus at Power and McKellips Roads in Mesa. The grand opening event marked a major step for SARRC, which provides valuable, evidence-based programs that support individuals with autism spectrum disorder (ASD) from childhood to … [More]
1 in 4 Companies Say AI Skills Protect Workers from Layoffs
As companies navigate economic uncertainty, many are making tough workforce decisions — including hiring freezes, slowdowns, and layoffs. To better understand how businesses are approaching staffing changes and the role of AI skills in job security, AI Resume Builder surveyed 1,000 U.S. managers in March 2025. Key findings: 17% of companies have implemented a hiring … [More]
Funding Network Announces Co-Chairs to Lead Initiative Following Launch
The Arizona CDFI Network, launched on February 13, 2025, has appointed Andre T. Whittington, CEO of Growth Partners Arizona, and Amber Cordoba, Senior Director of External Affairs at Prestamos CDFI, as Co-Chairs to lead the initiative in expanding business lending and investment opportunities across the state. The Arizona CDFI Network brings together six financial … [More]
Interior Designer Opens Brick-And-Mortar Boutique in Phoenix
After four successful years as an e-commerce shop, local home décor boutique Fontaine & Co. officially expands into a brick-and-mortar showroom. Located at 1221 E Northern Ave, Suite 2 in Phoenix, the new shop showcases exceptional barware, artisanal glassware, and bar accessories, perfect for entertaining in style, as well as thoughtfully selected upholstery and case goods … [More]
10 Key Considerations for Choosing a ‘Secure’ Messaging App
In an age where governments and corporations alike collect vast amounts of personal data, hacktivism—activism through hacking—has emerged as a powerful tool for exposing corruption, protecting civil liberties, and pushing back against digital overreach. From whistleblowers leaking classified information to anonymous groups taking down oppressive digital infrastructures, … [More]
Who Is Intel’s New CEO?
Intel Corporation recently announced that its board of directors has appointed Lip-Bu Tan, an accomplished technology leader with deep semiconductor industry experience, as chief executive officer, effective March 18. He succeeds Interim Co-CEOs David Zinsner and Michelle (MJ) Johnston Holthaus. Tan will also rejoin the Intel board of directors after stepping down from the … [More]
SBA Sets Dates for Free National Small Business Week Virtual Summit
The U.S. Small Business Administration and SCORE, mentors to America’s small businesses and an SBA resource partner, set the dates for the 2025 National Small Business Week virtual summit. The free two-day online event will take place May 6 and 7 from 10 a.m. to 6 p.m. ET and registration is required The virtual summit will feature educational workshops presented by … [More]
Accounting Advisory Co. Introduces Newly Branded Professional Services Firm
Lohman Company, PLLC, a premier accounting and business advisory firm in the Valley, recently unveiled a new identity for its project-based professional services line, named First Chair. First Chair remains part of the Lohman Company family. First Chair is a project professional services firm for companies of all sizes that need highly experienced talent to take on critical … [More]
City of Phoenix Announces New Deputy City Manager
Phoenix City Manager Jeff Barton announced the selection of David Mathews as Deputy City Manager effective March 31, 2025. David currently serves as the City’s Human Resources Director. This appointment follows last month’s promotion of Inger Erickson to Assistant City Manager and completes the City’s executive leadership team. “As … [More]
Notable Neighborhood Tavern Concept Coming to Reimagined PV Mall
Genuine Concepts, the Phoenix-born restaurant group behind The VIG, announced an all-new location of the Valley’s favorite neighborhood tavern is coming to Paradise Valley. Scheduled to open in 2026 inside a striking, bespoke building that takes full advantage of its park-like setting inside this 100-acre revitalization of the former PV Mall, The VIG PV is built around a … [More]
Governor Travels to Taiwan for Diplomatic, Business Meetings
Governor looks to capitalize on forward momentum in semiconductor industry
Governor Katie Hobbs is traveling in Taiwan for a diplomatic and business trade mission. During the trip, the Governor is meeting with Taiwanese President Lai Ching-te, executives from the TSMC management team, and cutting-edge tech companies to reinforce the mutually beneficial relationship between Taiwan and Arizona and capitalize on the forward momentum in Arizona’s … [More]
Fewer Multifamily Permits Today Could Mean Costlier Rents Ahead
Rents have been on a decline in the top 50 metros for over a year, but low multifamily permitting activity is making way for higher rent prices, according to the Realtor.com® February rent report. In fact, within the top 50 metros only 294,000 multifamily units were permitted in 2024, which is well below the 318,000 units permitted at the peak of the pandemic in … [More]
4 Ways Successful Leaders Give a Boost to Employee Morale
Only 23% of employees are engaged at work, with up to 15% actively disengaged. This low engagement is even worse for younger generations, and results in an estimated $8.9 trillion loss in global GDP every year. What are some of the ways top organizational leaders are able to increase staff engagement and up employee morale? Dr. Sam Adeyemi, internationally-renowned executive … [More]
Owner of Iconic Wrigley Mansion Opens Destination Wine Shop in Old Town
Cheers to “cork dorks” and curious amateurs! Jamie’s Bottle Shop, Old Town Scottsdale’s premier hub for wine explorers, will open its doors on Friday, March 28 at 7033 E. Main St., Suite 102. Founded by Jamie Hormel, owner of the iconic Wrigley Mansion, Jamie’s Bottle Shop is designed to inspire and educate wine lovers of all levels, offering a curated selection of … [More]
2025 State of Influencer Marketing Report: Trends, Insights, and Predictions for the Creator Economy
Collabstr, a trusted leader in the influencer marketing space, has released its much-anticipated 2025 State of Influencer Marketing Report, leveraging first-party data from over 40,000 advertisers and 100,000 creators. The report highlights the trends, statistics, and shifts shaping influencer marketing, user-generated content (UGC), and the creator economy. Key findings … [More]
Public Universities’ Workforce Development and Research Fuel Arizona’s Economic Growth
Investment, research and high-skilled talent position state as tech and bioscience leader
Advancing Arizona’s financial future hinges on strategic investments in capital, talent and innovation, a key theme of the Arizona Fund Manager Association’s LIFT AZ 2025 symposium and panel discussion at the event led by Arizona Board of Regents member Jessica Pacheco. The event united investors and higher education leaders to explore how Arizona can attract and retain top … [More]
