Park Central and the Phoenix Medical Quarter are hosting a groundbreaking partnership with leading neurologists from Vietnam and Barrow Neurological Institute. This cross-training and educational collaboration, initiated through key discussions held by Plaza Companies principals and Barrow Neurological Institute with the McCain Institute, signifies a new era of … [More]
World’s Leading Guitar Manufacturer Breaks Ground on New Arizona Co-Headquarters at PV
RED Development joined Fender Musical Instruments Corp., the world's leading guitar manufacturer, yesterday for a groundbreaking ceremony to mark the start of construction on its new Arizona co-headquarters in a fully dedicated facility slated to open in 2025 at PV, the more than $2 billion multi-phase, multi-year redevelopment of the former Paradise Valley … [More]
Honeywell Aerospace Technologies Launches Innovation Hub at ASU
Collaboration with ASU’s Ira A. Fulton Schools of Engineering will bring new equipment and professional expertise to ASU students
Honeywell opened the Honeywell Innovation Hub — a new space on Arizona State University’s Tempe campus launched in collaboration with Ira A. Fulton Schools of Engineering. Both the Fulton Schools and Honeywell are focused on empowering students to develop key engineering skills and solve the aerospace industry’s most pressing challenges. The opening of the hub supports … [More]
City of Phoenix Adopts Public Safety Improvements, Addresses Concerns in DOJ Investigation
City leaders reviewed significant improvements to public safety while also laying out initial plans for continued enhancements at a public policy session Tuesday in Phoenix City Council Chambers. Under the direction of the Phoenix City Council and with community input, the City’s service to the Phoenix community has experienced a period of significant change. The … [More]
Autonomous-Ready Electric Truck Co. to Establish Engineering Headquarters in Valley
Terraline, an autonomous-ready electric truck company revolutionizing freight transportation, announced plans to establish a new engineering headquarters in greater Phoenix, Arizona. The company is expected to create 30 new skilled engineering jobs. Terraline’s engineering headquarters will be the focal point of development for their new 500+ mile battery electric long haul … [More]
Plug and Play accelerateAZ Announces Sustainability Accelerator Program Partners
Plug and Play accelerateAZ, a program of the Arizona Commerce Authority, announced at the Arizona Innovation Expo three corporate partners for the Sustainability Accelerator program: Honeywell Aerospace Technologies, NSF Engines: Southwest Sustainability Innovation Engine (SWSIE) and EPCOR. The Plug and Play accelerateAZ Sustainability Accelerator will champion … [More]
Arizona Voters Want Long-Term Planning and Stable Revenue to Support Future Growth
Center for the Future of Arizona announced results from its latest 2024 Arizona Voters' Agenda survey, providing voters' views of taxes, state spending, and long-term planning ahead of the November general election. This survey research is part of CFA's ongoing efforts to center the voices of Arizonans during election season and highlight areas where likely voters agree across … [More]
ASU Details Impact of State Cuts to Higher Ed Funding
$24 million in cuts from state government force tuition surcharge, lost scholarships, reduction in Arizona Teachers Academy, and end of ASU Lake Havasu Center
Arizona State University will add a tuition surcharge for on-campus students in spring 2025 and the Arizona Teachers Academy faces an uncertain future, the result of recent budget cuts passed by the state Legislature and signed by the governor. More than 2,600 Arizona resident students also could be impacted by the expected decrease in ASU’s allocation for the Arizona Promise … [More]
Data Center Developer Plans New Data Center Region in Phoenix
5C Data Centers, a provider of state-of-the-art data center services, has announced plans to launch a new region in Phoenix, Arizona. The first facility in the region, PHX01, is scheduled to go live in 2025. Located in one of the fastest growing hyperscale data center regions in North America, and within miles of downtown Phoenix, the first data center will comprise 140,000 … [More]
Governor Hobbs Announces Nearly $8 Million to Support Arizona Small Businesses
Arizona Commerce Authority awarded Department of Treasury Grant to provide critical support to small businesses
Governor Katie Hobbs and the Arizona Commerce Authority announced Arizona will receive a $7.9 million grant from the U.S. Department of Treasury as part of their State Small Business Credit Initiative (SSBCI) Investing in America Small Business Opportunity Program (SBOP). Since taking office, Governor Hobbs has met with countless small business owners and understands the need … [More]
White House, DOD Officials Award $29.6.M for 5 SWAP Hub Projects at ASU
CHIPS Act investment powers collaborative effort to advance US microelectronics manufacturing
White House and U.S. Department of Defense officials joined industry and university partners at Arizona State University to spotlight five new investments announced this week to help strengthen the nation's chip-making capabilities and reduce dependency on foreign sources of microelectronics. The five new projects were awarded millions under the CHIPS and Science Act-funded … [More]
Mayo Is Building the Future of Education and Research in Arizona
Arizona. Bold. Forward. is Mayo Clinic's largest and most visionary campus expansion project to date. The Integrated Education and Research Building marks the conclusion of this monumental capital expansion that more than doubled the campus square-footage and offers expanded capacity and new capabilities. A defining hallmark of Arizona. Bold. Forward. is the 150,000-square-foot … [More]
ASU Collaboration Releases 2024 U.S. Latino GDP Report
A collaborative report with the W. P. Carey School of Business highlights latino contributions to U.S., Arizona Economies
For the second time since the announcement of their partnership, the Latino Donor Collaborative (LDC) and the ASU W. P. Carey School of Business released the 2024 LDC U.S. Latino GDP Report™ at the L'ATTITUDE Conference. The report, titled "Youth, Entrepreneurship, and Human Capital," details the immense contributions made by U.S. Latinos, who represent 19.5% of the country's … [More]
73% of Small Businesses Have Grown in Past Year, Phoenix-Based Small Business Owners Are Faring Better Than Most
Almost three quarters (73%) of American small business owners say their business has grown in the last year, with even higher percentages for Black (84%) and Hispanic (80%) owners, according to the U.S. Bank 2024 Small Business Perspective that was released today. The report, which is based on a survey of more than 1,000 small business owners, explores the complex challenges … [More]
HonorHealth to Assume Operations of Multiple Steward Health Care Facilities in Arizona
HonorHealth, a leading healthcare system serving more than five million people in the greater Phoenix and Scottsdale areas, has agreed to assume operational control of several Arizona-based Steward Health Care facilities. Beginning today, HonorHealth will assume daily operations of the following Steward Health Care facilities: Mountain Vista Medical Center in Mesa … [More]
Governor Launches Talent Ready AZ Initiative, Announces Workforce Cabinet
Governor Katie Hobbs launched the Talent Ready AZ Initiative to effectively coordinate her cabinet’s resources and leadership behind connecting Arizonans to the education and training they need to secure good-paying jobs and fill growing industry needs. Building a ready workforce stands as one of the biggest economic demands and opportunities for Arizona as our state continues … [More]
Arizona Tech Job Growth Lagging Behind Other Southwest States, Says Report
While tech job demand remains high in Arizona, it lags behind Nevada, Utah and Texas in current and projected rrowth
The Arizona Technology Council released its Q1 2024 Arizona Technology Industry Impact Report. Takeaways from the report focused on job growth throughout the Southwest. Arizona technology job demand remains high but still lags Nevada, Utah and Texas. In Q1 2024, technology job growth sat at 3% in Arizona, tied with California, while other states reported job growth of 4% or … [More]
Small Business Optimism Dips in August, Erasing July Gains
Main Street owners grapple with uncertainty as sales expectations decrease
The NFIB Small Business Optimism Index fell by 2.5 points in August to 91.2, erasing all of July’s gain. This is the 32nd consecutive month below the 50-year average of 98. The Uncertainty Index rose to 92, its highest level since October 2020. Inflation remains the top issue among small business owners, with 24% of owners reporting it as their top small business operating … [More]
