Economic Development in the news

Governor Ducey Announces $100 Million To Enhance Arizona Semiconductor Ecosystem

Historic funding increases Arizona competitiveness for additional public, private investment

Read on azcommerce.com

Arizona’s semiconductor sector set to thrive as policy encourages domestic production

Sen. Kyrsten Sinema last week visited the MacroTechnology Works facility at Arizona State University to observe the impact of the CHIPS and Science Act

Read on chamberbusinessnews.com

Manufacturing Grows In Arizona

Low corporate taxes and infrastructure improvements make the Grand Canyon State an attractive choice for companies seeking an agile environment.

Read on businessfacilities.com

Chang Chun Arizona Breaks Ground on Manufacturing Facility in Casa Grande

Chang Chun Arizona, a leading petrochemical supplier based in Taiwan, broke ground today on its first U.S. manufacturing facility in Casa Grande, Arizona. The facility is expected

Read on azcommerce.com

Shoring Up Semiconductors

Tiny semiconductors have an outsized effect on global commerce. The foundation in almost every sector of electronics, semiconductors enable people to work remotely, order online,

Read on businessfacilities.com

Arizona Business Index provides barometer of economic health of the region, consumer confidence

For all intents and purposes, it appears the ‘Great Resignation’ has reached its peak meanwhile Arizona economists say inflation and the looming increase of interest rates is

Read on phoenixchamber.com

Strong economic growth ensures Arizona in 2023 to have nation’s lowest flat tax

Arizona’s state income tax rate beginning January 1, 2023 will be a flat 2.5%, one year earlier than originally anticipated. Gov. Doug Ducey announced the news in a statement last

Read on chamberbusinessnews.com

Paramount Global Surfaces Distribution Warehouse Opening in Goodyear

Paramount Global Surfaces (PGS), Happy Floors, and Stone Source announced today the launch of a new west coast warehouse in Goodyear, Arizona. The 144,000 square-foot facility will

Read on gpec.org

More Jobs Than Ever Before; Arizona Economic Development Sets Record Again

o For the second year in a row, Arizona economic development efforts broke records. During the 12-month fiscal period that ended June 30, 2022, the Arizona Commerce Authority (ACA)

Read on azcommerce.com

Ambassador Judy Rising Reinke participated in a roundtable with Montenegrin and other regional startups and U.S. partners

Ambassador Judy Rising Reinke participated in a roundtable with Montenegrin and other regional startups and U.S. partners titled “Digital Den Connects: Continents.” This third and

Read on me.usembassy.gov

Phoenix-Mesa Gateway dedicates air traffic control tower to John McCain

A brand new $30 million air traffic control tower at the Phoenix-Mesa Gateway Airport was dedicated to late Senator John McCain.

Read on azfamily.com

U.S. Secretary of Commerce Gina Raimondo Appoints Members of U.S. Investment Advisory Council (IAC)

Today, U.S. Secretary of Commerce Gina Raimondo announced the names of 34 international business and economic leaders who will advise the Secretary of Commerce on how government

Read on commerce.gov

Greater Phoenix Is a Major U.S. Semiconductor Manufacturing Hub

As a region, Greater Phoenix is fast-paced, dynamic and possesses an unapologetic willingness to get things done, making it one of the top cities to do business.

Read on gpec.org

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