Economic Development in the news

Tempe streetcar service launches with free rides to be provided for first year

After four years of construction, Tempe and Valley Metro launched its streetcar service in the East Valley city. The three-mile route will shuttle riders across 14 stops

Read on ktar.com

LG Energy Solution will build $1.4B battery factory in Queen Creek

LG Energy Solution announced that the company is investing KRW 1.7 trillion ($1.4 billion) for the construction of a new cylindrical battery factory in Queen Creek, Arizona.

Read on azbigmedia.com

Phoenix is No. 2 market in U.S. for industrial development

Based on provisional estimates, up to 592.5 million square feet of industrial space is currently under construction nationally. With industrial development gearing up and demand

Read on azbigmedia.com

How Arizona expertise could help solve global water challenges

Arizona’s rapidly growing technology sphere includes industries like semiconductors, electric vehicles, automated vehicles, batteries, quantum computing and more.

Read on bizjournals.com

Sendoso Invests Over $40 Million in Future of Work with New Arizona Office and HQ

“It’s great to see yet another California company relocating to Arizona for more opportunity,” said Governor Doug Ducey.

Read on gpec.org

ASU Economic Development sponsors AAED Art of Innovation Conference session on Film in AZ

The film industry is making a comeback in Arizona! This panel will discuss recent film projects in the state and what we can expect from this industry

Read on aaed.com

Fujifilm completes expansion of semiconductor materials facilities in Mesa

The expanded facility adds 80,000 square feet to the existing facility and includes five new buildings.

Read on bizjournals.com

Arizona’s Institute of Automated Mobility (IAM) pioneers national playbook for AV technology

The governor’s 2015 executive order established one of the nation’s first regulatory frameworks for the safe deployment of automated vehicle (AV) testing, paving the way for furthe

Read on bizjournals.com

America once dominated the semiconductor industry. Here’s why we must win again

The COVID-19 pandemic has both revealed and confirmed vulnerabilities in America’s established systems, practices and institutions – things we knew before and things we didn’t.

Read on azcentral.com

How Innovation Investment Will Drive Arizona’s Future

As one of the fastest growing states in the country, Arizona’s growth over the past decade is a result of intentional collaboration by state leaders, and today our economy is more

Read on azpei.org