Mercury Systems, Inc., a global leader in aerospace and defense electronics, celebrated the expansion of its Phoenix production facility, adding 50,000-square-feet of manufacturing space that allows the company to increase production capacity and accelerate delivery timelines through vertical integration to support critical U.S. and international defense programs. As the … [More]
New Taiwan Office in Phoenix Strengthens $21.2B Trade Relationship
Arizona and Taiwan celebrated another significant milestone in their expanding partnership as the Taipei Economic and Cultural Office officially opened its new office in Phoenix, Arizona. Governor Katie Hobbs joined leaders including Dr. Chia-Lung Lin, Taiwan Minister of Foreign Affairs; TECO Phoenix Director General Kevin Chiao; Ingrid Larson, Managing Director, American … [More]
$6.4M Mesa Training Hub Opens to Strengthen Arizona’s Aerospace Workforce
Maricopa Community Colleges and Chandler-Gilbert Community College joined Arizona Governor Katie Hobbs, the Arizona Commerce Authority, and industry partners to officially celebrate the grand opening with a ribbon-cutting ceremony for Arizona’s first-of-its-kind Aerospace & Defense-focused Future48 Workforce Accelerator in Mesa, Arizona. “The Future48 Workforce … [More]
Major Scottsdale Luxury Resort Acquired by Tribal Investment Authority
San Manuel Investment Authority, an unincorporated governmental instrumentality of Yuhaaviatam of San Manuel Nation, through its affiliated entities, announced its acquisition of Fairmont Scottsdale Princess in Scottsdale, Arizona. “We are delighted to welcome the staff and guests of Fairmont Scottsdale Princess into the portfolio of luxury non-gaming properties owned by our … [More]
Phoenix Pool Supply Giant Files Chapter 11, Targets 90% Debt Reduction
Leslie's, Inc., the largest direct-to-customer brand in the U.S. pool and spa care industry serving residential customers and pool professionals nationwide, announced that it has entered into a Restructuring Support Agreement with a group of its existing lenders that lays the groundwork for transactions that will significantly strengthen the Company’s capital structure, … [More]
Sprouts Anchors National Growth with New Headquarters and Flagship Store in Phoenix
Wespac Construction has completed the new Sprouts Farmers Market support office and flagship store at CityNorth in Phoenix, delivering a long-term home for one of Arizona’s most recognized public companies and adding a new public destination to the fast-growing North Phoenix district. The project totals approximately 186,000 SF at 20555 N. 55th St., near the Loop 101 and … [More]
Phoenix Legal Heavyweights to Unite, Creating 800-Person Firm
Fennemore, one of the nation’s fastest-growing Am Law 200 firms, and Gallagher & Kennedy, an Arizona-based business law firm with decades of experience serving businesses, organizations and individuals throughout Arizona and New Mexico, will merge effective Dec. 1, 2026. The combination will bring together two firms with deep roots in Phoenix and longstanding … [More]
Amkor Expands Arizona Investment to $12B, Nearly Tripling Cleanroom Capacity
Amkor Technology, Inc., a leading provider of outsourced semiconductor packaging and test services, announced phase 2 of its Arizona Advanced packaging and test campus. Driven by strong customer commitments that have surpassed the 33,000 square meters of cleanroom capacity planned for phase 1, the phase 2 expansion is expected to add 60,000 square meters and bring the campus to … [More]
CAP Readies $12M Legal War Chest as Colorado River Conflict Escalates
The Board of the Central Arizona Water Conservation District voted to authorize the district to act swiftly to protect its water users as the legal circumstances surrounding future Colorado River operations continue to develop. The authorization is a procedural step required under Arizona law and allows CAWCD, which operates the Central Arizona Project, to protect and defend … [More]
Shasta Pools Acquisition Turns 60-Year Arizona Brand toward National Growth
Dansons Capital Group, in partnership with Accrual Equity Partners and Hydro Construction, completed the acquisition of Shasta Pools, Phoenix Metro’s most recognized pool builder, and announced an immediate expansion into the broader home services market with plans to grow the brand into a national powerhouse. Founded in 1966 by brothers Bob and Skip Ast, the third-generation, … [More]
16 Women Leaders Named for Their Achievement, Annual Event Announced
16 Extraordinary Arizona Women to Be Celebrated for Leadership, Business Achievement and Community Impact at October 23rd Arizona Biltmore Luncheon
Greater Phoenix In Business Magazine is proud to announce its 2026 Women of Achievement honorees, an extraordinary group of women whose leadership, professional accomplishments and commitment to community are helping shape Arizona’s future. The 2026 Women of Achievement will be honored at the magazine’s signature Women of Achievement Luncheon on Friday, October 23, 2026, at … [More]
Acquisition Expands Nation’s Largest Mortgage Brokerage to $14.15B in Annual Volume
NEXA Lending announced its acquisition of UMortgage, bringing one of the country's most recognized independent brokerages into the NEXA organization and aligning two prominent leaders around a shared belief: everything starts with the loan officer. UMortgage founder and CEO Anthony Casa will join NEXA as an Executive Partner, allowing him to continue leading, recruiting and … [More]
Arizona Faces 760K-Acre-Foot Colorado River Cut under New Federal Guidelines
The Department of the Interior issued the 2027-2028 Operating Guidelines and the Record of Decision for the Post-2026 Colorado River Operations Final EIS, establishing a 10-year Decision Framework with a broad operational range that will be used to develop future operational guidelines for Lake Powell and Lake Mead. Together these decisions provide for reliable operations of … [More]
Cox Communications Acquired in Landmark National Deal
Charter Communications, Inc. has announced that it has completed its previously announced transaction with Cox Communications and the acquisition of Liberty Broadband Corporation. These transformative transactions create the leading broadband and video company in the nation and the fastest growing mobile provider in its footprint, with seamless connectivity and video … [More]
$1B Capital Commitment Launches Phoenix-Based Data Center Firm
Saragon, a new U.S. data center company built to serve the growing demand for colocation, high-density computing and AI inference infrastructure, announced its official launch. Backed by up to $1 billion in committed capital from I Squared Capital, a leading global infrastructure investor, Saragon begins operations with ten data centers across nine strategically located U.S. … [More]
$25M Partnership to Establish Nation’s First Medical School Branch on Tribal Land
The University of Arizona and Gila River Health Care, the Gila River Indian Community's tribally operated healthcare system, announced a long-term partnership to establish the nation's first MD-granting medical school branch located on the lands of a sovereign Tribal Nation. The University of Arizona College of Medicine – Phoenix Regional Medical Branch in Sacaton, Arizona, … [More]
Landmark $22.9B Deal to Dramatically Increase Raytheon’s Tomahawk Production
Raytheon, an business, will dramatically accelerate the production of Tomahawk cruise missiles for the U.S. Navy over the multi-year period under the terms of an unprecedented $22.9 billion contract, awarded as part of the Department of War's Arsenal of Freedom. This contract follows the landmark agreements between Raytheon and the Department of War and supports the annual … [More]
29-Hangar Aviation Development Gets Green Light in Chandler
The Chandler City Council has unanimously approved a ground lease with a new subsidiary of Vesper Aviation, CHD Curtis East LLC, to build 29 new executive hangars for sale or lease at Chandler Municipal Airport. Vesper Hangars, the new development, will span 113,000 square feet located on the airport's northern boundary, addressing growing regional demand for hangar … [More]
