Economy Archives

Niagara Bottling will add 450,000-square-foot facility in Mesa

Niagara Bottling, LLC, the largest, private-label bottled water supplier in the U.S., announced today it will establish a 450,000-square-foot, highly automated manufacturing and bottling operation in the City of Mesa’s Elliot Road Technology Corridor. “The investment that Niagara Bottling is making in Mesa is a very significant one and I could not be happier that… Read More →

Tucson’s economy lags behind state, experts say

Tucson’s economy will continue to expand this year and accelerate modestly in 2018, with growth coming at a pace similar to the nation, but slower than the state of Arizona. That was a key message during the University of Arizona Eller College of Management 2017 Breakfast with the Economists event at the Westin La Paloma… Read More →

Gilbert-based Isagenix expands into United Kingdom

Isagenix, a global leader in health and wellness, kicked off sales in the United Kingdom (U.K.) on May 15 marking the 13th market where the company offers its products and solutions. The company, led by owners Jim, Kathy, and Erik Coover, celebrated its 15-year anniversary in March of 2017 and surpassed $5 billion in cumulative global sales… Read More →

Arizona ranked No. 9 in Chief Executive’s best states for business

 Advancing three places from a year ago, Arizona was ranked as the No. 9 state for business in Chief Executive magazine’s 13th annual Best & Worst States for Business survey, which was released today. The Chief Executive rankings reflect CEO perceptions of best and worst states based on a range of key measures. Arizona benefited… Read More →

The economic force is with Phoenix Comicon

It took George Lucas years and four drafts before he had a finalized script for “Star Wars: A New Hope.” Writer Jerry Siegel’s early comic submissions of Superman resulted in rejections before eventually being accepted by DC Comics. Producers and audiences initially met iconic sci-fi greats like “Star Trek” and “Dr. Who” with skepticism. What… Read More →

Arizona tourism creates jobs, lowers taxes for residents

Hiking Adventures - EAZ Fall-Winter 2012

During the first three months of the year, more than 14,000 jobs were added in Arizona’s tourism and hospitality industry, and in March metropolitan Phoenix had the No. 1 occupancy rate among the top 25 markets in the United States. So it’s no wonder Arizona Gov. Doug Ducey and the Arizona Office of Tourism are… Read More →

Web.com will anchor SkySong development expansion

SkySong 4

Web.com, a leading provider of Internet services and online marketing solutions for small businesses, is relocating and becoming the anchor tenant at the new SkySong 4 following its 2016 acquisition of a previous tenant in the development, Yodle. Web.com’s new space will be used primarily for sales, administration and local executives. With Web.com’s presence, SkySong 4 is now 72 percent leased.  With its nearly… Read More →

National park visitors spent $995 million at nearby businesses in state

The 12 million people who visited national parks in Arizona last year spent more than $995 million with nearby businesses, a $63 million increase from the year before, the National Park Service said. The service’s annual Visitor Spending Effects Report said that spending supported more than 15,000 jobs and generated $1.5 billion in economic activity… Read More →

Arizona tech sector takes steps to rise to prominence

When Vivek Kopparthi graduated from Arizona State University and wanted to start his own tech business, he looked no further than Arizona’s tech sector. Kopparthi’s Scottsdale-based company, Neolight, is developing neonatal phototherapy treatment for babies born with jaundice. When it came to get the company up and running and source talent, he relied on his… Read More →

Stanton: Phoenix is writing greatest chapter in its history

Water conservation

Mayor Greg Stanton today said Phoenix is “writing the greatest chapter” in the city’s history through its pivot toward an innovation economy, turnaround on sustainability, improved trade relations with Mexico and transformative investments in transit. At his sixth State of the City address, Stanton reported that the city’s investment in a more innovative economy is… Read More →

Study: U.S. companies more optimistic for global growth

Promoting Smart Growth in Down Economy

Despite uncertainty regarding trade and the potential impact of Brexit, U.S. companies are bullish on international business and emerging market opportunities, according to the fourth annual Wells Fargo International Business Indicator. Citing a number of macroeconomic factors, including a strong U.S. dollar and U.S. economic conditions, 81 percent of U.S. companies expect their international business… Read More →

10 tips for getting killer results in your next negotiation

Financial Information

In any negotiation, your ability to get the best deal possible depends on: (a) your preparation in uncovering the optimal “gets” for your side, and (b) your success at selling the value of the deal to the other side. There are many things you don’t control at the negotiating table—your opponent’s motivations and biases, their… Read More →

ACG names finalists for Arizona Deal of the Year

Three finalists have been announced for the award recognizing the most significant mergers and acquisitions transactions that took place in Arizona in calendar year 2016. The “Deal of the Year” is an award given by the Arizona Chapter of the Association for Corporate Growth (ACG) to recognize a company or private equity firm for their accomplishments regarding a merger, acquisition or capital… Read More →

Report: Arizona women earn 83 percent of what men earn; U.S. gap wider

Arizona women equal pay

Michele Leber, 78, has been fighting to close the gender pay gap since the early 1970s, but new numbers released on the eve of Equal Pay Day show that she may still have her work cut out for her. The numbers Monday from the National Partnership for Women and Families show that women were paid… Read More →