Manufacturer Announces Entry into U.S. Market to Address Rapid Semiconductor Fab Growth

inbusinessPHX.com

HTC, a Taiwan-based company and leading manufacturer of specialty process components, systems, and services for highly complex semiconductor manufacturing operations, announced its expansion into the U.S. with the opening of a new North American headquarters, ‘HTC-America,’ strategically based in Phoenix. The move is driven by an increase in market demand in the U.S. due to new … [More]

Newly Renovated Downtown Office Tower Continues to See Strong Leasing Activity

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The transformation of Renaissance Square turned the aging downtown Phoenix landmark building into a modern, amenity-rich office destination. In a market where office buildings struggle to find tenants, Renaissance Square is bucking the trend, recently attracting a national tenant, Food for the Hungry, to a brand new, 29,000 square foot space with the option to expand to 45,000 … [More]

Valley Tech Innovator Selected by Nasdaq for 100 Index

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onsemi, a leader in intelligent power and sensing technologies, will be added to the Nasdaq-100 Index® prior to market open on Tuesday, June 20, 2023. The inclusion comes after two consecutive years of record results, tripling the company’s market cap over the last 30 months. The company closed out 2022 with $8.3 billion in revenue and with earnings growing 3x faster than … [More]

U.S. Home Borrowers See First Annual Home Equity Losses since 2012 in Q1 2023, but Overall Mortgage Performance Remains Strong

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CoreLogic, a leading global property information, analytics and data-enabled solutions provider, released the Homeowner Equity Report (HER) for the first quarter of 2023. The report shows that U.S. homeowners with mortgages (which account for roughly 63% of all properties) saw home equity decrease by 0.7% year over year, representing a collective loss of $108.4 billion, and an … [More]

Global Coffee and Tea Leader Continues Expansion in the Phoenix Area

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Just in time for summer, The Coffee Bean & Tea Leaf® brand, the iconic Southern California favorite serving premium coffee and tea for the past 60 years has opened its newest location in Scottsdale, Arizona. The new café is complete with a drive-thru and is located at 9380 N. 90th, St. "This is the third The Coffee Bean & Tea Leaf location that we've … [More]

Televerde Relocates to Innovative Office Space in Central Corridor, Priming for Strategic Growth

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Televerde, a global revenue creation partner supporting marketing, sales, and customer success for B2B businesses around the world, announced its move to a new office space located in the heart of midtown Phoenix at 2800 North Central Avenue. This relocation, a testament to Televerde's flexibility and adaptability, is part of an ongoing effort to adapt to the … [More]

Fast-Casual Taquitos Concept Opens First Arizona Location in Chandler

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Roll Em Up Taquitos, a fast-casual restaurant specializing in hand-rolled taquitos, is excited to announce the grand opening of its first location in Arizona. Roll Em Up Taquitos Chandler has officially opened its doors to the public and will be the Company’s first Arizona location since the company was founded in 2019. Roll Em Up Taquitos Chandler is located at 301 S. … [More]

Canada-Based XNRGY Lands Financing for First Phase of 1 MSF Factory in Mesa

by Radu Corfus

Canada-based XNRGY Climate Systems has obtained construction financing for the first phase of its U.S. headquarters in Mesa, Ariz. Development partner The Boyer Co. provided the necessary funds,  including additional options for the project’s expansion to a total of 1 million square feet. XNRGY’s total investment volume is estimated at $300 million and the plant is expected to … [More]

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