Nikola Corporation, a provider of zero-emissions transportation and energy infrastructure solutions, today announced the successful completion of its exchange offer to purchase all outstanding shares of common stock of Romeo Power, Inc. The Offer expired at midnight, Eastern Time, at the end of October 12, 2022, and was not extended. As of the expiration of the … [More]
Phoenix-Based On-Demand Hospitality Staffing App Launches in Cleveland
Qwick, the leading on-demand labor marketplace for hospitality Businesses and Professionals is now available in Cleveland. The company, which recently ranked #32 on the Inc 5000 list of the fastest-growing private companies in America, is now serving 23 U.S. cities with its expansion into Ohio. Through Qwick, food and beverage pros can now match with local shifts at … [More]
Earthworks Environmental Launches ERX Industries on Success of Its Environmental Reporting Software
The success of a proprietary program employed by environmental compliance consulting firm Earthworks Environmental has led to the formation of a new company, ERX Industries. For the past 8 years, Earthworks Environmental has employed ERX, an environmental reporting software program that puts all aspects of environmental compliance into one program. This includes permits, … [More]
Leading Interior Design Company Honors a Legend, Shares Plans to Continue Legacy through Son
Est Est, Inc., one of Arizona’s oldest and most well-known full-service residential and commercial interior design firms, with great sadness announced the passing of Tony Sutton, owner and president of Est Est for the past 38 years. He passed peacefully on Oct. 6 surrounded by his family following a two-year battle with cancer. He was 67 years old. Tony was a beloved leader … [More]
Partnership to Expand Scottsdale-Based Italian Restaurant Concept
The Scottsdale-based restaurant group, The Maggiore Group, and private equity firm Savory Fund announced the companies have formed a capital growth partnership to expand restaurant concepts The Sicilian Butcher with sister company The Sicilian Baker with an undisclosed investment amount. Within the next four years, The Maggiore Group and Savory will grow from three locations of … [More]
Lime Launches E-Bikes in Scottsdale
Lime, the world’s leading provider of shared electric vehicles, launched a fleet of e-bikes in Scottsdale this week. Lime has been working with the City of Scottsdale, local businesses, and community partners to bring safe, affordable, sustainable transportation options to the bay in the form of its shared electric bicycles. Lime has launched dozens of its bikes so far and is … [More]
Cleaning Systems Co. Brings New Master Franchise Operations to Phoenix
Anago Cleaning Systems, an industry-leading commercial cleaning franchise with over 45 territories and 1,700 Unit Franchises throughout the U.S. and Canada, announced its newest Master Franchise expansion in the great state of Arizona. Matt Sole, who owns and operates Anago's Master Franchise operations in Northern California, expands his commercial cleaning operations in the … [More]
Governor’s Celebration of Innovation Winners Announced, Event Nov. 8
Honoring the organizations and individuals that fuel Arizona’s high-performance and fast-growing technology, science and education landscape, the Arizona Technology Council and the Arizona Commerce Authority have announced individual winners and company award finalists for the 2022 Governor’s Celebration of Innovation (GCOI). The company award winners will be announced at the … [More]
Local Coffee House Brand and Grocer Team Up for Pilot Partnership
PRESS Coffee and Sprouts Farmers Market are thrilled to announce a new pilot of the first-ever locally owned PRESS Coffee location inside of a Sprouts store. This PRESS location will act as a convenient stop on any person’s weekly shopping trip inside Sprouts located at 3320 N. 7th Avenue in Phoenix. The new space will feature a workspace area and full drink menu including … [More]
Republic Services Donates $50,000 Towards Simulation Lab at Phoenix Children’s
Phoenix Children’s was gifted a $50,000 donation from the Republic Services Charitable Foundation to support the development of the hospital’s Simulation Training Lab. Republic Services is a leader in the environmental services industry and charitable giving is an integral part of the Company’s operations. Based in Phoenix, Republic Services believes it is essential to be … [More]
Arizona-Based Tequila Brand Continues to Gain Traction
Arizona-based Tequila Corrido is excited to announce the continued expansion of its agave spirit footprint. The additive-free tequila will now be distributed by Republic National Distributing Company (RNDC) of Arizona—the prominent North American distributor of fine wines and spirits. “We are excited to be part of the RNDC family,” said President and Partner of Tequila … [More]
Car Sales Co. to Hire 150 Employees for Reconditioning Centers Nationwide
As the largest privately owned car sales and finance company, DriveTime is shifting into high gear, and is looking for new employees to come along for the ride. DriveTime's tire tracks are uncovering new territory as they rev up to hire 150 new employees nationwide. DriveTime is looking to hire for their Reconditioning Centers across the country. Enjoy … [More]
Saguaro Capital Management Launches Next-Generation Value Investment Firm
Saguaro Capital Management, a value investment firm with extensive experience and expertise combining classic fundamental analysis with modern data science tools and proprietary machine learning models to produce attractive long-term returns, today announced its official launch. The Firm is led by James Falbe, CFA, Managing Principal and Portfolio Manager. Mr. Falbe … [More]
Arizona’s Multifamily Industry Remains Positive Despite Headwinds, Says AMA
Arizona’s multifamily industry has been one of the most robust the past few years, even during the pandemic. While there is still plenty of runway as 2023 nears, there are some headwinds that could slow down the momentum. They include a lack of housing supply and a lack of affordable housing. “You can’t go a day without hearing about the housing supply and the lack of … [More]
Homebuyers’ Down Payments Doubled during the Pandemic, Says Report
The typical U.S. homebuyer who took out a mortgage in July made a $62,500 down payment, up 13.6% from a year earlier and almost twice the median $32,917 down payment in July 2019, before the pandemic. That’s according to a new report from Redfin, the technology-powered real estate brokerage. The combination of increased down payments and monthly mortgage payments near all-time … [More]
Joint Venture to Create 313-Unit Multifamily Community in Downtown Phoenix Opportunity Zone
EJF Capital LLC and Toll Brothers Inc., through its Toll Brothers Apartment Living division, announced the formation of a joint venture to develop Henri, a 313-unit multifamily community in downtown Phoenix, AZ. The 2.32-acre site is in a “Qualified Opportunity Zone” under the Tax Cuts and Jobs Act of 2017 (“TCJA”), which offers investors potential tax benefits to invest into … [More]
Carvana Named Title Sponsor of the Professional Pickleball Association in Multi-Year Partnership
Carvana, the industry pioneer for buying and selling used cars online was announced today as the title sponsor for the Professional Pickleball Association (PPA) ahead of the 2023 season. Set to break new ground in the burgeoning world of pickleball, America’s fastest growing sport, the fastest growing used car retailer in U.S. history continues to forge new partnerships with … [More]
Science Prep Academy Wins $1M, Other Education Providers Split Additional $1M
Governor Doug Ducey joined Janine Yass, founder of The Yass Prize, to unveil the winners of the STOP for Arizona Education Awards, which rewards six Arizona education providers who best articulated how they would scale to meet the demands of a growing number of parents wishing to utilize the state’s pioneering Empowerment Scholarship Accounts. The STOP Awards are an initiative … [More]
