Economy Archives

Limelight turns down $644 million buyout offer

internet

Tempe-based Limelight Networks, a global leader in digital content delivery, today announced that it has received an unsolicited offer to purchase the company from an entity that management believes is a non-credible source. Under the proposal, first reported by media outlets, then confirmed via phone and follow up email, on June 13, Tuition Build Inc.… Read More →

Big Increases Unlikely for Phoenix Housing Market

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The Phoenix-area housing market has officially rebounded from artificially low recession levels, and we’re unlikely to see any more big price increases this year. That’s according to a new report from the W. P. Carey School of Business at Arizona State University. Here are the latest details about Maricopa and Pinal counties, as of April:… Read More →

Arizona lands 13 companies on Fortune 1000 list

phoenix

Five Arizona-based companies made this year’s Fortune 500 list and another eight companies made the Fortune 1000 list. Texas, New York and California have the most Fortune 500 companies. Here are the Arizona companies that made the list and their rankings: Avnet Inc. (#117) Freeport McMoRan Copper & Gold Inc. (#143) Republic Services Inc. (#325)… Read More →

ASU and SRP Help Small Businesses

Small Business Leadership Academy: Lauri Leadley

Small businesses play a key role in our economy, creating jobs and helping our community. The W. P. Carey School of Business at Arizona State University is offering a program to help small business owners and executives learn how to improve efficiency, streamline operations and raise profits. The seventh annual Small Business Leadership Academy is… Read More →

Goodyear is U.S.’ 6th fastest-growing city

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The city of Goodyear is the sixth fastest-growing city in the United States, according to rankings released by the U.S. Census Bureau on Thursday. The Census Bureau ranked the top 15 fastest-growing cities in the U.S. with San Marcos, Texas coming in as No. 1. The town of Gilbert, which came in at No. 12,… Read More →

Mobile job-search office hits the road

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St. Joseph the Worker (SJW) has taken its successful job-development program for homeless, low-income and disadvantaged individuals on the road with the Mobile Success Unit, the Valley’s first mobile job-search office. The private non-profit organization has outfitted a renovated 39-foot, 2003 Newmar Kountry Star RV with four computers and desk space for clients to use… Read More →

What Comes Next for housing market?

housing.prices

The Phoenix-area housing market is experiencing a normal seasonal spring bounce in activity and prices, but what will happen next? A new report from the W. P. Carey School of Business at Arizona State University talks about the waves of consumers that will likely start returning to the housing market next year, for the first… Read More →

GPEC Earns Economic Development honor

phoenix

Cited as one of the Best to Invest Top U.S. Groups of 2013, the Greater Phoenix Economic Council (GPEC) has once again made Site Selection magazine’s annual ranking for top U.S. Economic Development Groups. “This recognition is a reflection of our elected and business leaders working together to promote Greater Phoenix and Arizona as business… Read More →

Legislative session wraps with wins for business

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Ninety state legislators and Gov. Jan Brewer made their way through a myriad of bills in workmanlike fashion in the recently completed legislative session, wrapping up their work in an efficient 101 days. The session produced a number of wins for the Arizona Chamber and the larger business community demonstrating once again why Arizona has… Read More →

OneRoof Energy Expands Phoenix Call Center

Clean Energy

OneRoof Energy, Inc., a complete solar services provider and subsidiary of OneRoof Energy Group, Inc., announced today that it plans to triple its existing call center from 40 full time employees to 120 full time employees, adding 80 jobs to the Phoenix market over the next twelve months. The call center expansion is necessary to… Read More →

Finalists announced for Arizona Deal of the Year

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The Association for Corporate Growth-Arizona Chapter has announced the finalists for its prestigious “Deal of the Year” Award, which will be presented at the organization’s Southwest Mergers & Acquisitions Conference on May 14-15. The three finalists are: — The merger of E.B. Lane and Terralever into LaneTerralever, which was nominated by JDB Capital Partners, LLC.… Read More →

CAP has $1 Trillion Impact on Arizona Economy

Fresh Water is Becoming Scarcer with the Planet's Changing Climate

Key players in Arizona’s water supply gathered today at the GPEC Ambassador Event to discuss the future of water in greater Phoenix at Renaissance Square in Downtown Phoenix. The event featured a panel consisted of David Modeer, general manager at Central Arizona Project, Grady Gammage Jr., an Attorney at Gammage & Burnham, Dave Roberts, the… Read More →

Love-It or Hate-It Brands Are Less Risky

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Are you a big fan of Apple or Nike, or a hater of McDonald’s? A new study from the W. P. Carey School of Business at Arizona State University shows love-it or hate-it brands probably won’t perform exceptionally well in the stock market, but they also offer investors less risk because you know just what… Read More →

Brewer OKs tax cut law for manufacturers

manufacturing sector expanded

Arizona Gov. Jan Brewer on Friday signed into law a bill that eliminates sales taxes on electricity and natural gas purchased by manufacturers and mining smelters, a move she said was needed to make the state more attractive to large businesses. Brewer signed Senate Bill 1413 at a Capitol ceremony attended by a couple of… Read More →