Economic Development Archives

GPEC named top economic development organization

Downtown Phoenix at night

The Greater Phoenix Economic Council (GPEC) has been named a recipient of the 2017 Mac Conway Awards for Excellence in Economic Development by Site Selection magazine, a national publication geared toward those in the decision-making process for expansions and relocations. The Mac Awards, named in honor of Site Selection founding publisher H. McKinley “Mac” Conway… Read More →

Digital marketing drives hospitality industry, but personal connections are still vital

hospitality industry at hotel

In the second installment of the “Back to the Future” series, Marty, the unsuspecting time traveler, is propelled to the (then) futuristic year of 2015, where he encounters such advanced technology as holographic billboards and advertisements. Now, a couple of years later, holograms aren’t a steady component of digital marketing. However, we may not be… Read More →

Hexagon Mining selects downtown Tucson for headquarters

Hexagon Mining, an information technology provider of planning, operations and safety solutions for the mining industry, today announces the relocation and expansion of its Tucson, AZ-based North American headquarters to downtown Tucson. Hexagon Mining employs 140 people in Tucson and plans to add 120 jobs over the next five years. Hexagon Mining employs 580 people worldwide and is committed… Read More →

Study: Planned 2,510-acre motorsports destination expected to bring in $1.2 billion

Motorsports destination

An economic impact study for the construction and operation of a planned motorsports destination in Pinal County, released by the developers, estimates the project will generate $1.2 billion in economic impact while adding 15,000 jobs. The study released by Danrick Builders, estimates that Attesa, a planned 2,150-acre motorsports complex near Casa Grande, will generate $1.8 billion… Read More →

Tribes eye Trump to better economic conditions

Navajo Code Talkers

Peter MacDonald Sr. is a Navajo code talker, a lifelong Republican – and an unabashed supporter of President Donald Trump. “The Navajo tribe, like most Indian tribes, is very conservative,” said MacDonald, who was in Washington last week to march in Trump’s inaugural parade. He said Thursday that the Navajo philosophy, “to do things for… Read More →

Glendale library to open assistance center for innovators, entrepreneurs

Business innovators, entrepreneurs and job seekers will soon have a new place to connect, collaborate and find resources when the Glendale Innovation Development and Entrepreneurial Assistance (IDEA) Center officially opens early next spring. The new IDEA Center, located within Glendale’s Main Library, 5959 W. Brown Ave., will provide a space where business people, entrepreneurs, innovators and networkers can… Read More →

ACG Arizona will present ‘A Taste of Private Equity’

Sustainable Banks, Green Banking

Did you know that over 300 Arizona companies are now private equity backed? And that in the last 18 months the volume of recapitalization in Arizona has exceeded $10 billion? Private equity is big business in Arizona — and the Association for Corporate Growth-Arizona Chapter is at the forefront of the private equity discussion. ACG Arizona will host its third annual “Taste… Read More →

Which cities are Golden Prospector Award winners?

Arizona Association for Economic Development

The Arizona Association for Economic Development (AAED) presented 11 Golden Prospector Awards and seven Golden Prospector Awards of Merit recognizing excellence, innovation and creativity in economic development. The Town of Gilbert won four Golden Prospector Awards for its “Fiscal Year 2015 Annual Report,” special events “Business Walk” and “Red Carpet Tour & Mayor’s Economic Forecast,” and… Read More →

Az Business honors Most Influential Women in Arizona Business

A crowd of nearly 500 packed Desert Botanical Garden Thursday to honor Az Business magazine’s Most Influential Women in Arizona Business for 2016. “All the women we are honoring tonight have procured influence in their respective fields through hard-earned track records of profitability, leadership and innovation,” said AZ Big Media Publisher Cheryl Green. “These women are… Read More →

WESTMARC’s Sintra Hoffman champions West Valley

When WESTMARC’s board of directors was looking for a new president and CEO to lead the economic development organization, Chairman Bill Sheldon said they were looking for a West Valley brand. In Sintra Hoffman, Sheldon said WESTMARC got a West Valley brand with statewide connections. Before taking the leadership role at WESTMARC earlier this year,… Read More →

Sintra Hoffman: Most Influential Women in Arizona

Sintra Hoffman

Sintra Hoffman, president and CEO, WESTMARC Hoffman’s professional background includes more than 19 years experience in local, state and federal government. Hoffman led ADOT’s Office of Public Affairs, which focused on building and sustaining relationships with leaders in Arizona’s cities, towns, counties and business community. Advice: “Don’t take things too personal and learn to laugh at yourself.… Read More →

Is the FTZ the Valley’s most enticing recruitment tool?

Arizona has definitely gone global. “We want to extend our hand so that Arizona is an inviting place for foreign direct investment and for companies that are looking to relocate,” says Arizona Gov. Doug Ducey. But Arizona hasn’t always been as attractive to global companies. “At one time, we had some issues in the West Valley… Read More →

State’s economic growth slowed in 2015, as mining, copper took a hit

Arizona’s economy grew in 2015, but at a much slower rate than it did in 2014, according to the latest report from the Bureau of Economic Analysis. The report said the state’s gross domestic product grew 0.9 percent to reach $294.2 billion in 2015, but that was half the 1.8 percent rate of growth the state… Read More →

Business leaders market Arizona to the world at Washington summit

Arizona

They came from the state and from several cities, but business leaders at an event in Washington this week had a common goal – convincing foreign business owners that Arizona is the right place for them. Officials from the Arizona Commerce Authority, the Greater Phoenix Economic Council, the Salt River Project and the cities of Gilbert,… Read More →