The Arizona Commerce Authority (ACA) announced today applications are being accepted for the 11th annual Arizona Innovation Challenge (AIC). Applications are being accepted from August 1 to August 31. The Arizona Innovation Challenge, which is the largest state-sponsored business plan competition in the nation, advances innovation and technology commercialization opportunities … [More]
Nikola Agrees to Acquisition to Bring Battery Pack Engineering and Production In-House
Nikola Corporation, and Romeo Power, Inc., announced they have entered into a definitive agreement in which Nikola, a global leader in zero-emissions transportation and energy infrastructure solutions, will acquire Romeo, an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, in an all-stock transaction. The … [More]
onsemi Reports Record Second Quarter 2022 Results, Quarterly Revenue Exceeds $2B for the First Time
onsemi announced results for the second quarter of 2022 by record revenue of $2,085.0 million, an increase of 25% year-over-year, a record GAAP and non-GAAP gross margin of 49.7%. Other notable second quarter highlights include: GAAP operating margin of 28.0% increased 1,110 basis points year-over-year Record non-GAAP operating margin of 34.5% increased … [More]
Super Bowl Host Committee Seeking Volunteers
The Arizona Super Bowl Host Committee recently launched its volunteer program, TEAM AZ, presented by Avnet and PetSmart. The Arizona Super Bowl Host Committee is seeking 5,000 high-energy individuals to help welcome and assist residents and visitors as they take part in events around the Valley for Super Bowl LVII. “Having hosted the Super Bowl three times previously, … [More]
Homebuilder Debuts New Homes in Highly Desirable Glendale
KB Home announced the grand opening of its model homes at The Traditions at Marbella Ranch, a new-home community in highly desirable Glendale, Arizona. The new neighborhood is situated on West Vista Avenue just north of West Glendale Avenue, and is convenient to Interstate 10, U.S. Highway 60 and Loop 101, providing easy access to downtown Phoenix, the area’s major employment … [More]
Retailers Say Credit Card Legislation Would Ease Payment Industry Competition
The National Retail Federation welcomed legislation introduced that would let retailers decide who processes credit card transactions, saying it would end practices that block competition in the payments industry and drive up costs for retailers and consumers. “Processing credit card transactions should not be limited to two companies when there are a dozen that can do the … [More]
Suns Agrees to Contract Extension for Head Coach Monty Williams
The Phoenix Suns and Head Coach Monty Williams have agreed to a multiyear contract extension, the team announced today. “Monty has raised the standard for our organization and overseen the transformation of our team’s culture since he joined as head coach three years ago,” said General Manager James Jones. “We’re excited to announce this extension and look forward to … [More]
Eco-Friendly Recycling Co. to Open Manufacturing Facility in Glendale
Enviro-Log Company, a leading eco-friendly, consumer products and recycling company, announced today that it will open a new recycling and manufacturing facility in Glendale, Arizona this summer, creating over 50 jobs. Located at 7676 N. Glen Harbor Boulevard, the 76,156-square-foot facility will be dedicated to recycling waxed cardboard boxes (WOCC) and manufacturing its … [More]
Profits for Home Sellers Surge Again amid New Round of Price Spikes in Q2
ATTOM, a leading curator of real estate data nationwide for land and property data, today released its second-quarter 2022 U.S. Home Sales Report, which shows that profit margins on median-priced single-family home and condo sales across the United States hit another new record of 55.5 percent following the largest quarterly gain in a decade. On the heels of a … [More]
Affordable Housing Leader Celebrates 50th Anniversary, Mountain West Headquarters in Arizona
Dominium, one of the nation’s leading owners, developers and managers of affordable housing, is celebrating its 50th anniversary with the opening of its Mountain West headquarters in Scottsdale. As Arizona’s housing crisis looms, Dominium and its partners are investing $1 billion in the state to develop affordable housing for essential workers and Arizona’s seniors. Dominium … [More]
Seattle Coffee Roaster and Cafe Brings New Life to Downtown Phoenix
Seattle’s leading independent coffee roaster, Caffe Vita, will toast to the Downtown Phoenix community when it opens its doors on Saturday, July 30. To celebrate its ninth nationwide location and first shop in Arizona, Caffe Vita will give away FREE oat milk lattes from open to close (7 a.m. to 6 p.m) on Saturday, July 30. Located in the historic building that once housed … [More]
Valley Teeth Whitening Co. Goes Green by Stopping Ocean Plastic
Leader in teeth whitening, SNOW, is offsetting their plastic footprint and moving towards a more sustainable future in their new eco-friendly partnership with Plastic Bank. The brand and its employees have become "Ocean Stewards" and are actively saving our ocean ecosystems by reducing the amount of plastic waste that enters our ocean. Plastic Bank stops ocean … [More]
ASU Launches Apprenticeship Program for Aspiring IT Professionals
Arizona State University, recognized nationally as America's most innovative school, has launched a new apprenticeship program for aspiring information technology (IT) professionals in collaboration with the American Institutes for Research (AIR) and CompTIA. Arizona State University is the latest organization to join CompTIA Apprenticeships for Tech, a … [More]
Scottsdale Chamber Launches New Website, Improves Access to Member Services
As part of our 75th Anniversary celebration, the Scottsdale Area Chamber of Commerce, in conjunction with our partners at Digital Saints, announce the launch of our new website. The goal of the new site is to improve access to member services and information while also modernizing the platform and raising the site’s online profile. The new, member-focused website is … [More]
Next Major Metro Phoenix Development Is Virgin Industrial Park
Boutique commercial real estate company IndiCap continues its formidable metro Phoenix industrial development push with the announcement of Virgin Industrial Park, which it will develop in partnership with Invesco. At build-out, the two-phase, 110-acre Class A development will total more than 1.5 million square feet in five buildings. It will also bring IndiCap’s local … [More]
Utah Construction Co. Opens Heavy Industrial Office in Tempe
Big-D Companies headquartered in Salt Lake City, Utah launches an industrial division in the Grand Canyon State. Already 14 offices in eight states, Big-D Industrial is the 15th office for the company and the second one in Tempe, Arizona. The new industrial office will focus heavily on building for the mining industry where opportunity is soaring. “As the transition to … [More]
Gilbert’s Dining Scene Welcomes Local Craft Cidery
Cider Corps is officially joining the Gilbert food and dining scene on Friday when it cuts the ribbon on its second taproom and new production facility. Gilbert Mayor Brigette Peterson will join Cider Corps co-owners and brothers Josh & Jason Duren on Friday, July 29 at 3:30 p.m. in welcoming the veteran-owned craft cidery to the town. Located at 685 S. Gilbert Rd., the … [More]
Phoenix-Based Universal Solar to Open Factory in Panama
Universal Solar is opening a solar photovoltaic (PV) module manufacturing facility in Panama to supply U.S. and global solar developers and installers, and address challenges in the solar industry, Chief Executive Officer and Founder John Bereckis announced today. "Modules made in the Americas will bypass many of the constraints afflicting the U.S. solar … [More]
