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Banking & Finance  |    |  

Record-Breaking $145.7 Billion in Contracting Awarded to Small Businesses

U.S. Small Business Administration

The U.S. Small Business Administration announced that the federal government exceeded its small business federal contracting goal, awarding 26.01 percent or $145.7 billion in federal contract dollars to small businesses, a $13 billion increase from the previous fiscal year. “Despite the fact that it’s been an extremely challenging year for small businesses, the SBA is proud … [More]

Commercial Real Estate & Development  |    |  

Construction Begins on New Surgical Manufacturing Facility in Scottsdale

LGE Design Build

LGE Design Build, an award-winning, full-service commercial general contractor with an in-house architecture firm, announced they recently began construction on Fetzer Surgical in Scottsdale, Ariz. Located at 9217 Easter Verde Grove View within the Corporate Center at DC Ranch the facility will sit at the intersection of Hidden Spur Trail and Verde Grove View. Upon … [More]

Growth & Enterprise  |    |  

Battery Cell Tech Co. Selects Arizona Site for One Million-Square-Foot Lithium-Ion Battery Manufacturing Facility

KORE Power

KORE Power, Inc. announced the first lithium-ion battery manufacturing facility wholly owned by a U.S. company will be built in Maricopa County. The one million square foot manufacturing facility, dubbed the KOREPlex, will support up to 12 gigawatt hours (GWh) of battery cell production to ensure a reliable and independent U.S. supply chain for lithium-ion battery cells that … [More]

Economy & Trends  |    |  

U.S. Economy Grows Beyond Pre-Pandemic Numbers

U.S. Bureau of Labor Statistics

Real gross domestic product (GDP) increased at an annual rate of 6.5 percent in the second quarter of 2021 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 6.3 percent (revised). The GDP estimate released today is based on source data that are … [More]

Economy & Trends  |    |  

U.S. Jobless Claims Fall After Hitting Two-Month High

U.S. Department of Labor

n the week ending July 24, the advance figure for seasonally adjusted initial claims was 400,000, a decrease of 24,000 from the previous week's revised level. The previous week's level was revised up by 5,000 from 419,000 to 424,000. The 4-week moving average was 394,500, an increase of 8,000 from the previous week's revised average. The previous week's average was revised up … [More]

Live & Learn  |    |  

Arizona Lottery Commits Funds to Support MAG’s Heat Relief Network

Maricopa Association of Governments

Playing the Arizona Lottery now means supporting efforts to save lives in the deadly Arizona heat. The Arizona Lottery is committing $50,000 in a Gives Back sponsorship to purchase bottled water for distribution through the Maricopa Association of Governments (MAG) Heat Relief Network, a community effort that brings together the Maricopa Regional Continuum of Care, cities and … [More]

Government & Compliance  |    |  

CDC Mask Guidance Prompts Change for City Buildings

City of Phoenix

The City of Phoenix is updating its face covering policy to reflect recent changes by the Centers for Disease Control and Prevention (CDC) and to protect employees and residents from increasing COVID-19 transmission rates. Effective Monday, August 2, 2021, the City Manager will once again require face coverings in all city of Phoenix facilities, regardless of vaccination … [More]

Philanthropy  |    |  

Two Valley Foundations Join to Raise $20,000 Through ‘The Unbreakable Challenge’

inbusinessPHX.com

The David R. Sellers Foundation (the 501(c)3 arm of LGE Design Build) has partnered with the Scott Keppel Foundation to raise $20,000 towards their mission of helping those impacted by cancer, obesity, domestic violence and/or helping local pet shelters. The fundraising campaign titled “The Unbreakable Challenge” brought people together through a community strength training … [More]

Healthcare & Wellness  |    |  

Hazelden Betty Ford Foundation Expands Addiction Services to Arizona, New Mexico

Hazelden Betty Ford Foundation

The nonprofit Hazelden Betty Ford Foundation is bringing addiction care—as well as recovery, family and educational services—to Arizona and New Mexico residents with its RecoveryGo™ telehealth solutions, which are now available to anyone living in the state, wherever they may be located. “Our virtual outpatient care and other telehealth resources and services are … [More]

Growth & Enterprise  |    |  

Phoenix-Based Solar Co. Empowering Homeowners to Become Energy Independent in Preparation for Winter Storms

Suntria

Climate change is one of the largest challenges facing the world today and driving fossil fuel prices up. Finding immediate solutions is a global must. Phoenix-based Suntria is proud to be part of the solution through providing residential solar and battery systems. Suntria’s mission is to empower homeowners to gain energy independence through its innovative energy … [More]

HR & Management  |    |  

Today’s Hiring Game: How Degrees, Benefits, Diversity Come Into Play

inbusinessPHX.com

With businesses scrambling to fill positions in an era of worker shortages, some hiring managers are left to ponder resumes from job candidates whose skills or education don’t quite match the requirements advertised. Degrees and expertise aren’t everything, though, and other factors can be just as important in finding the right person, says Bill Lyons, the ForbesBooks author … [More]

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