Tag Archives: Inc.

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Avnet Acquires Remaining Interest in MSC Investoren GmbH

Avnet, Inc. (NYSE: AVT) announced that it has acquired the remaining interest in MSC Investoren GmbH (“MSC Group”). This completes a two part transaction in which the majority interest was acquired on October 1, 2013. MSC is a recognized value-add distributor focused on electronic component distribution, embedded computing technology, and display solutions as well as design and manufacturing.

Patrick Zammit, president of Avnet Electronics Marketing EMEA, said, “The completion of the MSC acquisition allows us to begin realizing the full benefits of one of the best recognized distributors in the European market. Over the last few weeks we have been able to lay out the future strategy of Avnet Electronics Marketing EMEA including MSC and have received positive feedback from customers and manufacturing partners. Our plans to create a focused ‘embedded and display solutions’ business unit in EMEA will allow us to serve the technology value chain deeper and wider and accelerate profitable growth in the region.”

Founded in 1979, MSC Group has developed into a consultative partner for customers in the automotive, industrial automation, telecom, information systems and medical device markets. MSC Group’s competence in system design, system integration and board-level assembly allows it to address customers’ specific needs in leading-edge vertical markets. In calendar year 2012, MSC generated revenue in excess of US$450 million, with embedded computer technology (including display solutions) accounting for almost 50 percent of its sales.

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8 ASU grads lead companies on Fast 500 list

Eight Arizona State University alumni are CEOs of companies named to Deloitte’s 2013 Technology Fast 500™ list, according to information released by Deloitte on Nov. 12.

The ASU alumni whose companies made the list include:

  • Sean Barry ’93 B.S., of Bridgevine, Inc.
  • Thomas  R. Evans ’76 B.S., of Bankrate, Inc.
  • Diana P. Friedman ’84 M.A., ’89 M.B.A., of Sesame Communications
  • Brian Gentile ’92 M.B.A., of Jaspersoft Corporation
  • Chet Kapoor ’90 B.S.E., of Apigee Corporation
  • John McDermott ’83 B.S., of Endologix, Inc.
  • Tim Miller ’89 M.B.A., of Rally Software Development Corp.
  • James Triandiflou ’92 M.B.A., of Relias Learning

The Deloitte Technology Fast 500 is the pre-eminent technology awards program in United States and Canada. Combining technological innovation, entrepreneurship and rapid growth, Fast 500 companies – large, small, public and private – span a variety of industry sectors, and are leaders in hardware, software, telecom, semiconductors, life sciences and clean technology.

For more information on the Technology Fast 500 list, visit www.fast500.com.

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FEI, Az Business present CFO of the Year awards

Financial Executives International (FEI) Arizona Chapter and Az Business magazine presented the 7th Annual CFO of the Year Awards at the Arizona Biltmore. The awards recognize professionals for outstanding performance in their roles as corporate financial stewards.

Read all about the finalists below, then check out photos of the event.

Finalists were Bradley C. Anderson, executive vice president of finance and CFO, Amtech Systems, Inc.; Dan Behrendt, CFO, TASER International; Jerome Bruggeman, CFO, RMJ Electrical Contractors, Inc.; Christina Cancino, senior vice president and CFO, Arizona’s Children Association; Sandy Catour, CFO, Sitewire; Ed Czemerych, CFO, Liberty Iron and Metal Holdings, LLC; Ward Huseth, CFO, Great Hearts Academies; Joseph Ivenz, CFO, Marcolin USA; Renee Krug, executive vice president and CFO, Clear Channel Outdoor; Thomas C. Lavoy, CFO, Veolia Transportation on Demand;  Shaun McMeans, vice president of administration and CFO, HTG Molecular Diagnostics; David Miller, CFO, Jokake Construction Services, Inc.; Doug Noblitt, executive vice president, finance and accounting, Tallwave; Chris Power, CFO, LifeLock, Inc.; Carlos L. Rojas, CFO, Heard Museum; Ashley Sanders, vice president of finance, Angel MedFlight; Richard Skufza, executive vice president and CFO, LaneTerralever; Debra Thompson, vice chancellor for business services, Maricopa Community Colleges; Christopher L. Turner, director of finance, GlobalMed; Dennis M. Via, CFO, NFP Property & Casualty Services, Inc.; and Shane Wells, Arizona-Nevada market CFO, IASIS Healthcare.

The four winners honored were:

CFO of the Year, Private Company

Thomas B. Fischer, CFO and vice president of finance, OnTrac

Since taking the role in 2000, Fischer has navigated business reorganizations, led the implementation of optimized business practices and collaborated toward the successful launches in five new states, helping to diversify the company’s services and increase customer value. His responsibilities include daily operations of financial and fiscal management.

Impact on OnTrac: In 2013, Fischer coordinated $40 million in new borrowings, which facilitated the buyback of employee stock option plans and the implementation of material handling, as well as allowing for the working capital for increase of business.  More than $20 million has been invested into equipment that will help OnTrac increase its package delivery from 50,000 packages a day to more than 300,000 packages a day. This type of automation significantly reduces the cost of delivery to the company.

CFO of the Year, Private Company

Tom Harris, executive vice president and CFO, Arizona Diamondbacks

Harris oversees all financial operations, risk management, administration, stadium operations and ownership relations. His tenure in this organization and in the industry make him an integral officer in assisting the president and CEO and other executives in guiding the organization to success. His knowledge of the inner workings of local government is essential in the day-to-day affairs of stadium related matters.

Impact on Diamondbacks: Harris spearheaded a 2011 debt refinancing, bond tender offer and line of credit with JP Morgan that reduced long-term debt by $1 million and provides for reduced interest expense and improved cash flow going forward. In 2011, he also spearheaded a modification of the team’s concessions agreement that has significantly improved its concessions revenue share.

CFO of the Year, Public Company

Amin Maredia, CFO, Sprouts Farmers Market

In less than two years, Maredia has established a public company finance function while completing a major strategic acquisition, more than $700 million debt refinancing, and leading Sprouts’ initial public offering efforts. In addition, he designed Sprouts’ finance infrastructure, including implementation of analytical tools, which provide the ability to monitor current and accurately forecast future performance. Maredia has also used his vast retail experience to help Sprouts execute its new store selection process and strengthen its position in the market.

Impact on Sprouts: Maredia has been instrumental in establishing the company’s internal control systems. He is a tireless advocate for transparency in not only financial reporting, but all areas of the operations. He has taken a lead role in developing a delegation of authority policy and code of conduct applicable to all company team members.

CFO of the Year, Nonprofit

Tanya Muñiz, CFO, Valley of the Sun United Way

Muñiz administers all financial operations and analysis. Under her leadership, the annual budget has grown from $50 million to $114 million in five years. United Way has very complex financials and undergoes six audits annually, with consistently excellent results and zero findings. Muñiz oversees a department of 20 employees who have flourished under her leadership. She led the development of organizational scorecards for measuring and managing performance. Customer satisfaction with accounting has increased by 25 percent since she became CFO.

Impact on United Way: Muñiz built a 10-year economic model that enables the organization to better plan its work and serves as a foundation for its strategic plans. The model enables Valley of the Sun United Way to see the effects of multi-year grants and major gifts, as well as recognizing that many expenses are long-term investments requiring up-front financing.

Hamer - June 2011-fornewsletter

Gap is Narrowing on Immigration Reform

Various Arizona Chamber and business leaders have made numerous visits to Washington, D.C. over the years to push for reform of our nation’s badly broken immigration system. As a border state, we understand this issue well. For years, the business community in Arizona has been pressing Congress and the Administration for a secure border, workable visa and guest worker programs, nationwide employee verification programs such as E-Verify, and a way for those who did not enter the country legally but are now contributing to our state to get right with the law, especially those brought to this country as children. The failure of the federal government to act resulted in Arizona and many other states trying to do immigration reform on their own, resulting in a patchwork of policies nationwide.

But it is obvious today that all roads to reform lead through Washington, particularly in light of the Supreme Court’s ruling in Arizona v. U.S., which held that state attempts to regulate immigration were preempted by federal immigration law.

This past Tuesday, when a group of about 20 Arizona business, faith and law enforcement leaders visited with all nine of our U.S. House members, we were not alone. Over 600 leaders from over 40 states took to Capitol Hill to urge House Members, with a focus on the Republican majority, to support bringing legislation to the floor this year.

I had the privilege to address the gathering on Monday night at the opening reception to discuss why reform is so important and beneficial to our economy and security. Our country’s greatest comparative advantage is that the best, brightest and hardest workers from across the globe desire to work in our country.

Before we hit the Hill on Tuesday, we gathered at the U.S. Chamber of Commerce to prepare. The U.S. Chamber and their Senior Vice President Randel Johnson have been the lead business organization on this entire reform effort. At the kickoff meeting we heard from conservative icon Grover Norquist, who made the free-market case for reform.  Former Congressional Budget Office Director Douglas Holtz-Eakin and Rebecca Tallent of the Bipartisan Policy Center remarked that all credible studies of reform point to significant economic and budgetary benefits. Fresno County (Calif.) Sheriff Margaret Mims made a compelling case for the increased security reform could bring. Faith leaders offered a humanitarian case for reform, and our delegation was joined by a number of pastors working in coordination with a coalition called Bibles, Badges and Business.

While in Washington, we had the good fortune to run into ASU President Michael Crow, who is a strong supporter of reform. Our universities would benefit enormously from federal action. As Arizona Board of Regents President Eileen Klein says, “Our ability to produce a highly-skilled workforce and thriving research enterprise that stimulate a growing, vibrant economy for Arizona will be strengthened by balanced immigration laws that promote access to education and economic opportunities.”

Our conversations with our House delegation were positive. While it is fair to say that there were differences in approach, all of our representatives agree that our nation’s immigration system is badly broken, and I believe that they all want to have a hand in getting it fixed.

While we are very proud and thankful for the hard and good work of our two U.S. senators, John McCain and Jeff Flake, in crafting the Senate immigration proposal, it is clear that the House, as is its right, will draft its own plan and proceed with a series of bills as opposed to an omnibus. In fact, five different bills ranging from border security measures to efforts to fix some of our visa problems in the high-tech and agricultural sectors have passed two different House committees.

All agreed that we need to enhance our border security. Maricopa County Attorney Bill Montgomery offered some suggestions on changes that would allow for him to be more effective in assisting in border security. Nationwide use of E-Verify, a system already in wide use in Arizona due to the requirements of the Legal Arizona Workers Act, is another common area of support. And all agree on the need for visa reform, although there are some differences in scope. There may be an effort in the House to expand on the number of lower-skilled visas available as compared to the Senate bill.

The most difficult issue is how to deal with the 11 million who did not enter this country legally. There is growing support for some type of legalization, and even citizenship for the Dreamers, those individuals brought to the U.S. as children. But it is hard to imagine the citizenship language in the Senate bill passing in the House.

Although there are differences between the Senate and House, those differences are narrowing. But as one of our congressmen told our group, if the House is faced with making an all or nothing choice when considering the Senate legislation, the House will go with nothing.

Hard work will be required to get a package passed. This is not naming a post office. This could be the first significant immigration legislation to pass since 1986. This will take real leadership from Congress and the White House, where our president needs to channel his inner Bill Clinton and put on the charm on Capitol Hill.

Leadership from the business community will be required, too. If the House considers reform this year, job creators from across the country should welcome the opportunity to help broker a deal between the House, Senate and President Obama. We’re doing our part in Arizona, and we’ll keep at it until a deal gets done.

Postscript: I want to thank everyone who joined our team to urge Congress to pass an immigration reform package.

Barry Broome, President and CEO, Greater Phoenix Economic Council
Lea Marquez Peterson, President and CEO, Tucson Hispanic Chamber of Commerce
Bill Montgomery, Maricopa County Attorney
Jack Harris, former police chief, City of Phoenix
Mary Ann Miller, President and CEO, Tempe Chamber of Commerce
Chad Heinrich, Vice President of Public Policy and Economic Development, Greater Phoenix Chamber of Commerce
Vice Mayor Tony Rivero, City of Peoria
Steve Moore, President and CEO, Greater Phoenix Convention and Visitors Bureau
Pastor Gary Kinnaman
Pastor Bob Hake, Orangewood Church, Phoenix
Pastor Dan Steffen, Pure Heart Christian Fellowship, Glendale
Nan and Dick Walden, Farmers Investment Co., Sahuarita, Ariz.
Russell Johnson, President and CEO, Merchants Information Solutions, Inc.
Adam Estle, Bibles, Badges and Business
Brett Hunt, Bibles, Badges and Business

Glenn Hamer is the president and CEO of the Arizona Chamber of Commerce and Industry. The Arizona Chamber of Commerce and Industry is committed to advancing Arizona’s competitive position in the global economy by advocating free-market policies that stimulate economic growth and prosperity for all Arizonans. 

Glenn Hamer is the president and CEO of the Arizona Chamber of Commerce and Industry. The Arizona Chamber of Commerce and Industry is committed to advancing Arizona’s competitive position in the global economy by advocating free-market policies that stimulate economic growth and prosperity for all Arizonans. 

Aspinall

Leadership spotlight: Mara G. Aspinall

Mara G. Aspinall
President and CEO
Ventana Medical Systems, Inc.
ventana.roche.com

Aspinall founded the European Personalized Medicine Association and advised the Obama and Bush administrations on diagnostics and genomics.

Biggest challenge: “My college and postgrad majors were in business, yet I‘ve made my career in biotech where a strong science background is an distinct advantage. So, I had to go back and develop my foundational knowledge in the sciences while working, and I continue to sharpen it throughout my career.”

Surprising fact: “People are often surprised to learn that I’m an avid sports fan.  I will attend any live sporting event – from baseball to rodeo – any chance I get.”

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GPEC announces Board of Directors for FY 2014

The Greater Phoenix Economic Council (GPEC) today announced the appointment of its Board of Directors for the 2014 fiscal year, as approved by the Executive Committee.

Alliance Bank of Arizona CEO James Lundy will continue to lead the Board of Directors as chairman.

“As the economy continues to improve, GPEC’s team of results-driven board directors will work to ensure the region not only maintains its trajectory but also pushes toward a more diversified and sustainable economy that is less dependent on growth industries like real estate and construction,” Lundy said. “I’m honored to work with this talented group of professionals and look forward to a productive year.”

Rounding out the Board’s leadership is SCF Arizona President and CEO Don Smith and Empire Southwest Executive Vice President Chris Zaharis as vice chairs, APS Vice President and Chief Customer Officer Tammy McLeod as secretary and Bryan Cave, LLP Partner R. Neil Irwin as treasurer.

New Board Directors include: Steve Banta, CEO of Valley Metro; the Honorable Denny Barney, District 1 Supervisor for the Maricopa County Board of Supervisors; Scott Bradley, Area Vice President for Waste Management; Mark Clatt, Area President for Republic Services; the Honorable Vincent Francia, Mayor of the Town of Cave Creek; Dr. Ann Weaver Hart, President of the University of Arizona; Bill Jabjiniak, Economic Development Director for the City of Mesa; the Honorable Michael LeVault, Mayor of the Town of Youngtown; Rich Marchant, Executive Vice President, Global Operations for Crescent Crown Distributing; Ryan Nouis, Co-Founder and President of Job Brokers; and Eric Orsborn, Councilmember for the Town of Buckeye.

“GPEC’s success is largely driven by its strong Board of Directors, all of whom reflect the region and state’s most accomplished professionals,” GPEC President and CEO Barry Broome said. “Every single one of them truly cares about our market’s success and serves as a community thought leader when it comes to competitiveness.”

Mayors from GPEC’s member communities and the organization’s Nominating Committee are responsible for nominating and appointing Board Directors. The one-year terms are approved during GPEC’s Annual Board meeting.

GPEC FY 2014 Board of Directors:

James Lundy – Chairman
CEO
Alliance Bank of Arizona

Don Smith – Vice Chair
President and CEO
SCF Arizona

Chris Zaharis – Vice Chair
Executive Vice President
Empire Southwest

Tammy McLeod – Secretary
Vice President and Chief Customer Officer
Arizona Public Service Company

R. Neil Irwin – Treasurer
Partner
Bryan Cave, LLP

William Pepicello, Ph.D. – Immediate Past Chair
President
University of Phoenix

Barry Broome
President and CEO
Greater Phoenix Economic Council

Richard C. Adkerson
President and CEO
Freeport McMoRan Copper & Gold

Jason Bagley
Government Affairs Manager
Intel

Ron Butler
Managing Partner
Ernst & Young LLP

Brian Campbell
Attorney
Campbell & Mahoney, Chartered

Michael Crow, Ph.D.
President
Arizona State University

Kathleen H. Goeppinger, Ph.D.
President and CEO
Midwestern University

Derrick Hall
President and CEO
Arizona Diamondbacks

Sharon Harper
President and CEO
The Plaza Companies

Ann Weaver Hart, Ph.D.
President
University of Arizona

Don Kile
President, Master Planned Communities
The Ellman Companies

Paul Luna
President and CEO
Helios Education Foundation

Rich Marchant
Executive Vice President, Global Operations
Crescent Crown Distributing

David Rousseau
President
Salt River Project

Joseph Stewart
Chairman and CEO
JPMorgan Chase Arizona

Hyman Sukiennik
Vice President
Cox Business

Karrin Kunasek Taylor
Executive Vice President and
Chief Entitlements Officer
DMB Associates, Inc.

Gerrit van Huisstede
Regional President Desert Mountain Region
Wells Fargo

Andy Warren
President
Maracay Homes

Richard B. West, III
President
Carefree Partners

John Zidich
Publisher & President
The Arizona Republic

Chuck Allen
Managing Director, Gov’t & Community Relations
US Airways

Steve Banta
CEO
Valley Metro

Denny Barney
County Supervisor-District 1
Maricopa County Board of Supervisors

Jason Barney
Principal and Partner
Landmark Investments

The Honorable Robert Barrett
Mayor
City of Peoria

Timothy Bidwill
Vice President
Vermilion IDG

Scott Bradley
Area Vice President, Four Corners Area
Waste Management

Norman Butler
Market Executive
Bank of America Merrill Lynch

Mark Clatt
Area President
Republic Services

Jeff Crockett
Shareholder
Brownstein Hyatt Farber Schreck

Wyatt Decker, M.D.
CEO
Mayo Clinic Arizona

George Forristall
Director of Project Development
Mortenson Construction

The Honorable Vincent Francia
Mayor
Town of Cave Creek

Rufus Glasper, Ph.D.
Chancellor
Maricopa Community Colleges

Barry Halpern
Partner
Snell and Wilmer

G. Todd Hardy
Vice President of Assets
ASU Foundation

Lynne Herndon
Phoenix City President
BBVA Compass

Linda Hunt
Senior VP of Operations and President/CEO
Dignity Health Arizona

William Jabiiniak
Economic Development Director
City of Mesa

The Honorable Robert Jackson
Mayor
City of Casa Grande

The Honorable Linda Kavanagh
Mayor
Town of Fountain Hills

The Honorable Andy Kunasek
County Supervisor, District 3
Maricopa County Board of Supervisors

The Honorable Michael LeVault
Mayor
Town of Youngtown

The Honorable John Lewis
Mayor
Town of Gilbert

The Honorable Marie Lopez Rogers
Mayor
City of Avondale

The Honorable Georgia Lord
Mayor
City of Goodyear

Jeff Lowe
President
MidFirst Bank

Paul Magallanez
Economic Development Director
City of Tolleson

Kate Maracas
Vice President
Abengoa

The Honorable Mark Mitchell
Mayor
City of Tempe

Ryan Nouis
Co-Founder & President
Job Brokers

Ed Novak
Managing Partner
Polsinelli Shughart

Eric Osborn
Councilmember
Town of Buckeye

Rui Pereira
General Manager
Rancho de Los Caballeros

The Honorable Christian Price
Mayor
City of Maricopa

Craig Robb
Managing Director
Zions Energy Link

The Honorable Jeff Serdy
Councilmember
City of Apache Junction

Steven M. Shope, Ph.D.
President
Sandia Research Corporation

James T. Swanson
President and CEO
Kitchell Corporation

Richard J. Thompson
President and CEO
Power-One

Jay Tibshraeny
Mayor
City of Chandler

John Welch
Managing Partner
Squire Sanders

Dan Withers
President
D.L. Withers Construction

The Honorable Sharon Wolcott
Mayor
City of Surprise

GENERAL COUNSEL
Bryant Barber
Attorney at Law
Lewis and Roca

bioscience

Bioindustry honors Innovators at AZBio Awards

The Arizona Bioindustry Association (AZBio) today announced that more than 350 leaders from across the State of Arizona will be gathering at the Phoenix Convention Center on October 10, 2013 to celebrate AZBio’s 10thanniversary as Arizona’s statewide bioindustry association and to recognize the leaders, innovators and companies that are making Arizona one of the fastest growing bioscience states in the nation.

“Over the last decade, Arizona’s bioindustry has delivered an aggregate job growth of 45% (2002-2011) and an increase in the number of healthcare and bioscience firms by 31%,” shared AZBio President and CEO Joan Koerber-Walker. “This is the result of executives, innovators, researchers, educators, and elected leaders working together to embrace possibilities and collaboratively create a fast growing industry that is creating high wage jobs and addressing some of our greatest challenges: improving health and creating new industries that leverage our natural resources and our steadily increasing collection of internationally recognized talent.”

In addition to honoring the hundreds of organizations that have worked together over the last 10 years to create and drive life science innovation in Arizona, the AZBio Awards recognize specific thought leaders and industry leaders for their contributions. Attendees will have the opportunity to learn about and gain insights from:

  • Thomas M. Grogan, M.D., Founder of Ventana and SVP Medical Affairs at Ventana Medical Systems, Inc., a member of the Roche Group and recipient of the AZBio Pioneer Award for Lifetime Achievement honoree.
  • Linda Hunt, President and CEO of Dignity Health Arizona, the 2013 Jon W. McGarity Arizona Bioscience Leader of the Year.
  • Amanda Grimes of the Mesa Biotechnology Academy in the Mesa Public Schools, recipient of the Michael A. Cusanovich Arizona Bioscience Educator of the Year Award for inspiring students to explore careers in the biosciences.
  • Orphan drug pioneer Leslie Boyer, M.D., founding director of the VIPER Institute at The University of Arizona. With her team of international collaborators developed the FDA approved anti-venom for the scorpion’s sting.
  • John W. Lewis, Mayor of the Town of Gilbert, Arizona recipient of the AZBio Public Service Award for his leadership in attracting and supporting the development of world class research, manufacturing and clinical services in Gilbert.
  • The team from Arizona Bioscience Company of the Year – W.L. Gore & Associates, Inc., Arizona’s largest life science employer. The Gore Medical Products Division has provided creative therapeutic solutions to complex medical problems for more than 35 years. During that time, more than 35 million innovative Gore Medical Devices have been implanted, saving and improving the quality of lives worldwide Gore has been granted more than 2,000 patents worldwide ranging from polymer processing to medical devices.
  • Dr. Robert Bowser, AZBio Fast Lane Award winner for pioneering new diagnostics for ALS and traumatic brain injury at Iron Horse Diagnostics, Inc.
  • Dr. Garrett Smith, co-founder of Nasseo, Inc., the Fast Lane Award winning company that has developed the FDA approved TiArray™ Dental Implant.
  • Jeff Martin, CEO of Fast Lane Award winner Yulex Corporation and the team that delivers Yulex’s Guayule BioRubber Emulsions and BioRubber Solids that have medical, consumer, and industrial applications to grow an increasingly diverse market community with ultra-pure, high-performance products.
  • And executives from Algae Biosciences, Ventana, Pfizer, Genentech, EY, Northern Arizona University/TGen North, Regenesis Biomedical, Ulthera, VWR, and NACET.

The 8th Annual AZBio Awards will be held Thursday, October 10, 2013 at the Phoenix Convention Center. In addition to the Gala Awards Luncheon from 11:30 a.m. to 2:00 p.m., the VWR Company Showcase and Student Discovery Showcase sponsored by NAU will highlight the work of Arizona’s current and future life science leaders from 10 a.m. – 11:30 a.m. and again from 2:00 p.m. – 3:00 p.m. so that attendees can see the work being done across the industry and interact with the leaders and future leaders who are driving bioindustry innovation. The event is open to the public and tickets are available for purchase at AZBioAwards.com.

“Almost 100,000 Arizonans are embracing possibilities every day across Arizona’s healthcare and life science sector. Through their efforts, we are making life better here at home and around the world by discovering, developing, and delivering life science innovations,” added Koerber-Walker. “AZBio is honored to have the opportunity to work with them and to bring so many of our leaders together in one place on one day so our community can meet them and learn about them too.”

medical.research

Tempe Start-Up a Finalist for Crowdfunding Contest

Out of over 125 small businesses that applied, Tempe start-up – Global Cancer Diagnostics, Inc. – has been selected by The National Association for the Self-Employed (NASE), the nation’s leading advocate and resource for the self-employed and micro-businesses, and the Small Business & Entrepreneurship Council (SBE Council), an advocacy and research organization for entrepreneurs, and Fundable, a crowdfunding platform partner focused exclusively on startup companies, as one of the finalists in a recently announced, national crowdfunding contest.

Global Cancer Diagnostics, Inc. – a medical laboratory established to confidentially diagnose lung cancer at its earliest stages with a new test — is one of nine diverse and unique companies, with varying funding needs, committed to starting and growing their own small business that will raise money to compete for the $10,000 cash prize.  The national contest is committed to supporting America’s small business community in their goal of raising and securing capital through the powerful platform of crowdfunding.

The finalist companies will have 30 days to meet their individual fundraising goal through the Fundable platform. The first company to reach their goal will receive an additional $10,000 in funds from the contest sponsors to support the growth of their small business.  The contest will begin on Wednesday, August 21, 2013 and continue through September 20, 2013.  The contest winner will be announced on September 23, 2013.

“We are thrilled to offer this opportunity for these businesses to raise capital through crowdfunding while providing additional cash prize of $10,000 to the business that reaches their fundraising goal first.  Crowdfunding is not only a creative, but also a practical way for a small business to grow. Crowdfunding unlocks new streams of capital, and allows determined small business owners the opportunity to live their entrepreneurial dreams,” said Karen Kerrigan of SBE Council, Katie Vlietstra of NASE, and Eric Corsi of Fundable.

More information on Global Cancer Diagnostics, Inc. can be found online at http://www.globalcancerdx.com.  Global Cancer Diagnostics, Inc.’s individual fundraising page at Fundable is located at http://www.fundable.com/global-cancer-diagnostics.

Broadway Ind Portfolio

Jones Lang LaSalle Closes $22 Million Portfolio Sale

Capital Markets experts in the Phoenix office of Jones Lang LaSalle (JLL) have completed a $22.1 million sale of Broadway Industrial Portfolio, totalling three Class A buildings and 308,038 square feet in Tempe, Ariz. The deal is JLL’s second investment sale in the area this quarter, accentuating the strength and draw of the submarket’s commercial real estate inventory.

Jones Lang LaSalle Managing Directors Mark Detmer and Bo Mills represented the property seller, San Francisco-based Prologis, Inc. The buyer is DCT Industrial Trust.

Broadway Industrial Portfolio encompasses an 110,000-square-foot building at 1005 W. Alameda Dr; a 96,437-square-foot building at 2910 S. Hardy Drive; and a 101,601-square-foot building at 2925 S. Roosevelt St., all in Tempe. Each building is a Class A, institutional quality asset offering manufacturing, distribution and office space. The properties are also all located directly off of Interstate 10 and fully occupied, with no near-term rollover, to tenants including United Stationers Supply Co., ACI Plastics, Inc., Misty Mate, Inc. and Triumph Group, Inc.

“These buildings are exceptional in that they combine outstanding functionality and full occupancy with a true Class A image in an infill location,” said Detmer. “This includes access—within minutes—to many of the key amenities that a high-end industrial user might need: an extensive freeway network, international airport, deep labor pool and host of retail opportunities.”

In addition, the project is located within the Southeast Valley, an area that over the last decade has remained one of the nation’s fastest growing regions for industrial and technology companies, and according to JLL is well situated for long-term stability.

Jones Lang LaSalle Executive Vice Presidents Pat Harlan and Steve Sayre, and Associate Kyle Westfall, will serve as the exclusive leasing brokers for the property buyer on behalf of DCT Industrial Trust.

This is the second investment sale closed by JLL in the Tempe submarket this quarter. In July, the firm completed a $27.1 million sale of Broadway 101 Office Park, a deal that was driven by high market demand and fundamentals reminiscent of pre-recession transactions.

Jones Lang LaSalle is a leader in the Phoenix commercial real estate market. Employing nearly 400 of the region’s most recognized industry experts, the firm offers office and industrial brokerage, tenant representation, facility and investment management, capital markets and development services. In 2012, the Phoenix team completed 9 million square feet in lease transactions valued at $458 million, directed $63 million in project management and currently leases and/or manages a 19.8 million-square-foot portfolio. For more news, videos and research resources on Jones Lang LaSalle, please visit the firm’s U.S. media center webpage.

Jones Lang LaSalle Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2012 alone, Jones Lang LaSalle Capital Markets completed $63 billion in investment sale and debt and equity transactions globally. The firm’s dealmakers completed $60 billion in global investment sales and buy-side transactions, equating to nearly $240 million of investment trades completed every working day around the globe. The firm’s Capital Markets team comprises more than 1,300 specialists, operating all over the globe.

Mark H pics 012

CRA’s CEO Wins Gold Stevie Award

Mark S. Hanley, Chief Executive Officer of Clinical Research Advantage, Inc. (CRA), was the recipient of a Gold Stevie® Award in this year’s American Business Awards. Hanley was recognized as the “Maverick of the Year” in the Business Services category.

Hanley was honored for his innovative vision and leadership, which included acquiring Radiant Research in 2012 to create the country’s largest and most therapeutically diverse integrated network of clinical trial sites. “It is an honor to receive this award,” said Hanley. “But, this is really an award for the entire CRA team. It is through all of their hard work and dedication that we have accomplished so much in the past 12 months.”

The American Business Awards are the nation’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small. Stevie Award winners were selected by more than 320 executives nationwide who participated in the judging process this year.

Nicknamed the Stevies for the Greek word for “crowned,” the 11th annual award ceremony was held on June 17th in Chicago, Illinois. This year, the judges reviewed more than 3,200 nominations from organizations of all sizes and virtually every industry.

 

Mark H pics 012

CRA's CEO Wins Gold Stevie Award

Mark S. Hanley, Chief Executive Officer of Clinical Research Advantage, Inc. (CRA), was the recipient of a Gold Stevie® Award in this year’s American Business Awards. Hanley was recognized as the “Maverick of the Year” in the Business Services category.

Hanley was honored for his innovative vision and leadership, which included acquiring Radiant Research in 2012 to create the country’s largest and most therapeutically diverse integrated network of clinical trial sites. “It is an honor to receive this award,” said Hanley. “But, this is really an award for the entire CRA team. It is through all of their hard work and dedication that we have accomplished so much in the past 12 months.”

The American Business Awards are the nation’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small. Stevie Award winners were selected by more than 320 executives nationwide who participated in the judging process this year.

Nicknamed the Stevies for the Greek word for “crowned,” the 11th annual award ceremony was held on June 17th in Chicago, Illinois. This year, the judges reviewed more than 3,200 nominations from organizations of all sizes and virtually every industry.

 

foreclosure

TCA Awarded $300K for Foreclosure Counseling

Take Charge America, Inc., a non-profit credit counseling and housing counseling agency in Phoenix, was awarded $300,000 by the Arizona Attorney General’s Office over the next three years to provide free foreclosure intervention counseling to Arizona homeowners.

Take Charge America will use the funds to assist more homeowners with one-on-one counseling, primarily individuals and families with low-to-moderate income, and who are Spanish-speaking.

Housing counseling services at Take Charge America are approved by the U.S. Department of Housing and Urban Development (HUD). Take Charge America’s counselors can help homeowners avoid foreclosure or mitigate losses caused by foreclosure with a variety of solutions, such as accessing and sustaining loan modifications, refinancing and principal reduction.

“Arizona families are among the hardest hit by the economic downturn, and many are still struggling to meet their mortgage payments,” said Take Charge America Chief Executive Officer David Richardson. “This award will enable us to assist even more residents in need, helping them navigate the complex mortgage loan industry and possibly save their home.”

Take Charge America is one of 16 organizations throughout Arizona selected by the Attorney General’s Office to receive a share of the $5 million in housing counseling assistance available through a national mortgage settlement with the nation’s five largest mortgage loan servicers.  The funds help pay for the cost of the foreclosure intervention counseling that is provided free to Arizona homeowners.

Take Charge America introduced foreclosure prevention counseling in 2008 as a response to the mortgage crisis. It is HUD-approved to assist distressed homeowners statewide. To date, the non-profit has helped more than 10,000 homeowners with housing counseling.

Homeowners who are at risk of foreclosure can call Take Charge America at (623) 266-6382 or (866) 987-2008 to speak with a counselor.

For more information about Take Charge America’s services, visit www.takechargeamerica.org.

housing.prices

WSJ Ranks Danley as Top Arizona Realtor

The Wall Street Journal and REAL Trends, Inc. rank Walt Danley as the top selling real estate agent in Arizona, according to its “The Thousand: 2013 Top 1,000 Real Estate Professionals” list released June 28, 2013. Danley is ranked No. 37 in the U.S. for individual sales volume, having sold more than $137.7 million in residential real estate in 2012. “The Thousand” list is comprised of third-party data and honors the top 1,000 real estate professionals and teams in the nation.

Walt Danley is the president and namesake of Scottsdale-based luxury residential real estate brokerage, Walt Danley Realty. The firm is Arizona’s affiliate of Christie’s International Real Estate and boasts the largest inventory of million-dollar estates within Arizona. Danley has sold more than $2.5 billion during his over 35-year career, and has been ranked in the top one percent of real estate agents nationally every year since 1977.

“Being listed amongst the top real estate agents in the nation is an honor and very humbling,” states Danley. When asked what advice he would give an agent entering the luxury real estate arena, Danley comments, “Operate your business with integrity, market knowledge, old-fashioned hard work and truly understand the needs of your client.”

Walt Danley Realty represents luxury homebuyers and sellers in the Northeast Valley of Phoenix including Scottsdale, Paradise Valley, Fountain Hills, Rio Verde, Arcadia, Biltmore, Cave Creek and Carefree. Walt Danley Realty is located at 6720 N. Scottsdale Rd., #140, Paradise Valley, AZ 85253. For more information, call (480) 991-2050 or visit www.waltdanley.com.

117321013

Valley firm launches renewable antifreeze resource

With a commitment to providing best-in-class environmental solutions for the automotive and transportation industry, Thermo Fluids, Inc. announced today they have received ASTM E1177 certification for their EcoShield remanufactured antifreeze product.

“We are very pleased with our accomplishment of reaching this very stringent virgin-equivalent antifreeze product specification for EcoShield” said Ted Sinclair, Thermo Fluids’ Chief Operating Officer.

EcoShield is an alternative option to virgin antifreeze, available for use by quick lube centers, automotive dealerships, vehicle services centers, and other transportation related companies. EcoShield is a “green” and environmentally friendly solution to the costs and environmental hazards associated with drilling for new crude oil, shipping oil and then refining the product which is a process used in the manufacturing of virgin antifreeze.

The used antifreeze goes through a process that separates ethylene glycol, a valuable natural resource, from the waste materials. Deionized water and high quality corrosive inhibitors are then added to the ethylene glycol to create EcoShield, which is then tested by Thermo Fluids, as well as third party laboratories, to ensure the product meets industry requirements for antifreeze.

EcoShield meets the stringent American Society for Testing and Materials (ASTM) specifications for virgin glycol and coolant, including D6210, D3306, D4985, and E1177 certifications. Thermo Fluids utilizes a proprietary hybrid organic acid technology to produce the eco-friendly remanufactured antifreeze, which is a viable alternative to virgin ethylene glycol and a more environmentally acceptable product that meets the same performance and quality standards as virgin ethylene glycol.

“The development of EcoShield is a product borne of our commitment to environmental stewardship and a sincere endeavor to substantively and meaningfully contribute to a greener marketplace in this industry.  We wanted to create a cost-effective closed loop alternative that offers the same high quality found in a virgin product while reducing liabilities and significantly impacting the environment in a positive way,” said Todd Bogart, Thermo Fluids’ Chief Marketing Officer. “Through ongoing education, improvement and promotion of EcoShield, we hope to change the antifreeze product landscape and to create a competitive marketplace for more eco-friendly options in the automotive services industry.”

Thermo Fluids is a recognized leader in the U.S. environmental solutions oil recycling industry, offering a suite of services including used oil, antifreeze and filter collection and recycling, parts washer services, and residual oil reclamation. The Scottsdale-based company works with service centers in 19 different states around the country, offering eco-friendly alternatives to traditional services and products and educating its customer base by demonstrating and facilitating an awareness and understanding of environmental responsibility.

medical.research

TGen, Ventana announce research collaboration

The Translational Genomics Research Institute (TGen) and Ventana Medical Systems, Inc. (Ventana), a member of the Roche Group, today announced a collaborative research agreement to discover and develop diagnostic markers for treating cancer.

The two Arizona-based institutions will leverage each other’s expertise in discovery and diagnostic product development, bringing innovative cancer diagnostic tests to patients.

The first project under the umbrella research agreement will focus on diagnostic, prognostic and drug biomarkers for pancreatic cancer, the fourth leading cause of death from cancer in the United States. This year, an estimated 45,000 people will be diagnosed and more than 38,000 patients will die from the disease. Worldwide, more than 213,000 are diagnosed with pancreatic cancer each year, and the numbers are growing. Fewer than 1 in 4 pancreatic cancer patients survive more than a year, and fewer than 6 percent survive more than five years – the worst survival rate of any cancer.

This dismal picture of pancreatic cancer is mainly due to the lack of tools for early detection and the ineffectiveness of current therapeutics. This is why new diagnostic markers and more efficacious therapies are desperately needed.

“TGen is on the cutting edge of translational research, where investigators discover the genetic components of disease,” says Jeffrey Trent, Ph.D., President and Research Director of TGen. “Our goal is to rapidly translate basic research findings into actionable targets. Partnering with Ventana we hope will accelerate our goal to deliver meaningful discoveries to cancer patients today.”

“When a patient is faced with cancer, getting an accurate diagnosis quickly is the most important part of their treatment,” says Ventana President and CEO Mara G. Aspinall. “As the global leader in tissue-based cancer diagnostics, our strength is moving research into the clinic in order to improve the lives of all patients afflicted with cancer. We are thrilled to be able to pursue this with a partner right in our Arizona backyard.”

Hillary Gagnon, Meghan Mulligan and Deborah Lavinsky

Central Phoenix Women Announce New Leadership

Deborah Lavinsky, financial advisor with Securus Financial Group, Inc., has been named director to lead Central Phoenix Women.

New advisers for the organization are Hillary P. Gagnon, Esq. a partner with Jennings, Haug & Cunningham, L.L.P.; and Meghan Mulligan an accountant with On the Money, LLC. The three new leaders were introduced at the May monthly meeting at The Ritz-Carlton, Phoenix and will serve for 12 months.

Lavinsky has over three decades of experience in the personal finance, wealth management, and philanthropic fields.  She has extensive experience working effectively with professionals, pre-retirees, women in transition and business owners on retirement income planning, estate planning, business succession planning and long-term care.  She serves as a non-public arbitrator for the Financial Industry Regulatory Authority, Inc., (FINRA). A respected national speaker and author, a financial literacy advocate, and lifelong volunteer, she can often be found teaching financial literacy courses, fundraising for genetic research, or promoting a women’s leadership program.  Prior to her career in financial services, Deborah performed as principal flutist in numerous symphony orchestras in the United States and Europe. She holds the FINRA Series 7 and 66 licenses and AZ, CA, FL, OH and UT life insurance licenses. She is an Investment Advisor Representative and has earned the Chartered Retirement Plans Specialist (CRPS) designation through the College for Financial Planning.  Lavisky is a passionate Pilates practitioner, triathlete, knitter, and golfer as well as a devoted wife to her husband Arthur, mother of two grown children and one energetic Yorkie.

Hillary Gagnon’s practice emphasizes estate planning and probate, as well as commercial litigation.  Particularly, Ms. Gagnon’s estate planning work consists of assisting clients develop and prepare a personalized estate plan appropriate for their individual and family needs.  An estate plan may include, among other things a will, revocable living trusts, special needs trust for a disabled child or family member, irrevocable trust, life insurance trust, estate tax planning, power of attorney, health care power of attorney, and living will.  Ms. Gagnon’s trial and litigation experience includes commercial disputes, collections, employment and labor law, liability and insurance defense and construction law.  A graduate of Wheaton College (B.S. 1994) and Suffolk University Law School (J.D. 1997), she joined the Firm in 2000 and became a partner in 2005.

Meghan Mulligan empowers individuals and business owners by helping them gain control of their financial record keeping. With seven years of experience and a Bachelor’s of Science in Business Accounting, she brings the knowledge of accounting principles and comprehensive experience to the table when assisting people across numerous business fields. By helping her clients take control and manage their bookkeeping she reduces stress and helps her clients feel more secure in their monetary based decisions. Meghan has a passion for helping diagnose and correct business and personal financials left in any state. She specializes in “fixing” QuickBooks files that may be giving the business owners and their staff problems. When not working, Meghan volunteers with the Thunderbird High School girls’ soccer program and enjoys chasing after her young son.

Central Phoenix Women is an organization for women who have established themselves professionally and demonstrated commitment to the community. Members are individuals who wish to enhance their leadership by connecting with like-minded women to share information, ideas, contacts and opportunities. They value relationships that enhance their business, social and community endeavors.

More information and an invitation are available at www.centralphoenixwomen.org. Reservations are required.

Eric Marcus, CEO of Marcus Networking.

What Happens if you Lose a Laptop with Patient Information?

The government is starting to implement the HIPAA-HITECH Encryption Requirements 2012. If you choose not to encrypt data, the HIPAA Security Rule states you must implement an equivalent solution to meet the regulatory requirement. The law leaves encryption open to interpretation since covered entities vary when it comes to network and network usage, depending on the type and size of business.

Typically, if a doctor or nurse loses a laptop with patient data on it, they are required to report it.  But, now Marcus Networking, Inc. has a solution that meets FBI and government regulations.  It’s an encryption software program, that is installed on all devices (computers, handheld devices, etc.) with patient information and if it’s ever lost or stolen, the information can’t be recovered.  When the device boots up, it won’t open and hackers can’t get in.  The program is highly sophisticated and hackers haven’t been able to crack the password to get in.  The software program can take as little as 20 minutes to install and runs approximately $100 to $2,000, depending on the scope of work.

To learn more, contact Marcus Networking at 602-427-5027.

Steve Sanghi - Microchip Technology

Microchip Acquires Novocell Semiconductor

Chandler-based Microchip Technology Inc., a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, through its Silicon Storage Technology (SST) subsidiary, and Novocell Semiconductor, Inc. (Novocell) announced that Microchip and SST have signed a definitive agreement to acquire Novocell.  The acquisition was approved by the Boards of Directors of each company and is being announced at the 2013 Design Automation Conference (DAC) in Austin, Texas.  The terms of the deal are confidential.  The transaction is expected to close in early June 2013 and is expected to be immediately accretive on a non-GAAP basis.

“We are pleased to announce the acquisition of Novocell and are expecting great things as we integrate the technology into our ever-expanding portfolio of IP solutions,” said Mark Reiten, vice president of Technology Licensing for SST, a wholly owned subsidiary of Microchip.  “This acquisition provides our customers with valuable and differentiated technology and helps us to enable their designs with an even more comprehensive set of solutions, expanding our position as a leading memory IP supplier.”

“We are extremely happy to become part of SST and the Microchip family and are excited by the strategic possibilities available to us, moving forward, from both a business as well as a technology perspective,” stated Walter Novosel, Novocell’s president and chief technical officer.  “Novocell has continued to grow its portfolio of non-volatile-memory IP solutions since its inception, and we fully expect the technology to see an increased adoption from joining a leader like SST in the memory IP market.  With SST’s offerings in the high-density arena, we can concentrate on not only expanding our customer base, but also growing the footprint that SST has built with customers worldwide in low-density OTP and MTP memory.”

Under the acquisition agreement, Novocell will become a wholly owned subsidiary of SST, a Microchip company.  SST and Novocell are committed to a seamless customer transition.  SST plans to invest in continuing, designing, developing and extending Novocell’s product portfolio and roadmap.

sales.tax

Arizona Business Community Supports HB2111

The undersigned organizations and businesses want to express their strong support for the passage of HB2111 with the floor amendment that will be offered by Senator Steve Yarbrough. This final amendment represents major concessions to address concerns that have been expressed by the city representatives.

This final amendment reflects the cities’ request for a separate online portal for the collection of sales taxes in the 18 non-program cities. In addition, the amendment reflects the cities’ demand to maintain the authority to audit single-location businesses in their city. Lastly, the amendment removes all of the changes to prime contracting tax except for the trade and service contractors.

While the Yarbrough amendment reflects major concessions to the cities that undermine some of the important reforms recommended by the Transaction Privilege (Sales) Tax Simplification Task Force, we believe this final proposal still reflects historic progress that deserves final passage.

The Senator Yarbrough floor amendment will provide for the following:

* Single Point of Administration – the Department of Revenue (DOR) will become the single point of administration and collection of TPT. However, at the request of the cities, there will be a separate online portal for the 18 non-program cities. Despite this concession, the cities remain opposed because they want to continue to require businesses making paper sales tax remissions to pay the state and city separately. Their proposal provides most small businesses no administrative relief from making multiple payments to multiple jurisdictions each month.

* Single and Uniform Audit – DOR will administer a standardized state audit program where all state and city auditors are trained and certified by DOR. Despite major concessions from the business community to allow cities to continue to audit local businesses, the cities continue to push for further changes that will undermine much needed reforms to standardize state and local audits.

* Trade/Service Contracting Reform – Service contractors working directly for an owner to maintain, repair, and replace existing property would pay tax on materials at retail and not be subject to the Prime Contracting Tax. During Task Force deliberations, the cities repeatedly conceded that this area of the prime contracting tax was problematic and should be changed. However, after almost a year of study and discussion, they have offered a change to the taxation of service contractors that provides no administrative relief and couples that change with a request that the state give the cities $80 million from use tax collections.

Arizona’s chaotic and dysfunctional sales tax system has been the subject of considerable controversy at the Capitol for over 30 years. The creation of the Task Force, as well as the appearance for the first time that the cities recognized the need for reform, gave Arizona businesses great hope that this system would finally be reformed. We strongly encourage state policymakers to pass a sales tax reform bill that is grounded in sound tax policy and focuses on reducing the extraordinary compliance costs on Arizona businesses.

Kevin McCarthy, President, Arizona Tax Research Association
Michelle Lind, Chief Executive Officer, Arizona Association of REALTORS
Bas Aja, Executive Vice President, Arizona Cattlemen’s Association
Glenn Hamer, President & CEO, Arizona Chamber of Commerce
Steve Macias, Chairman, Arizona Manufacturer’s Council
Francis McAllister, Chairman, Arizona Mining Association
Courtney LeVinus, Arizona Multihousing Association
Michelle Allen Ahlmer, Executive Director, Arizona Retailers Association
Steve Chucri, President/CEO, Arizona Restaurant Association
Rick Murray, Chief Executive Officer, Arizona Small Business Association
Steve Zylstra, President & CEO, Arizona Technology Council
Greg Turner, Vice President, Senior Tax Council, Council On State Taxation (COST)
Lisa Rigler, President, Small Business Alliance AZ
Todd Sanders, President & CEO, Greater Phoenix Chamber of Commerce
Tom Franz, President, Greater Phoenix Leadership
Connie Wilhelm, President, Home Builders Association of Central Arizona
Tim Lawless, Chapter President, NAIOP
Farrell Quinlan, Arizona State Director, NFIB
Ronald E. Shoopman, President, Southern Arizona Leadership Council
Scot Mussi, President, The Arizona Free Enterprise Club
Matt Beckler, Vice President, Treasurer & Chief Tax Officer, Apollo Group, Inc.
Steve Barela, State & Local Tax Manager, Arizona Public Service
Steve Trussell, Executive Director, Arizona Rock Products Association
Michael DiMaria, Director of Legislative Affairs, CenturyLink, Inc.
Gayle Shanks, Owner, Changing Hands Bookstore
Michelle Bolton, Director of Public Affairs, Cox Communications
Nikki Daly, Owner, Flair! Salons
David Karsten, President, Karsten’s Ace Hardware
Reuben Minkus, Minkus Advertising Specialties
PetSmart, Inc.
Tina Danloe, General Manager, Pima Ace Hardware
Molly Greene, Senior Government Relations Representative, Salt River Project
Les Orchekowsky, President & Co-Owner, Sierra Ace Hardware, Inc.
Ann Seiden, Administrator/Corporate Public Affairs, Southwest Gas Corporation
Joseph Hughes, Director of Government Affairs, U.S. Airways
Walgreens Co.

Glenn Hamer is president and CEO of the Arizona Chamber of Commerce and Industry. The Arizona Chamber of Commerce and Industry is committed to advancing Arizona’s competitive position in the global economy by advocating free-market policies that stimulate economic growth and prosperity for all Arizonans.

Tempe Town Lake July 4th Festival

Tempe lands state’s largest office development deal

The City of Tempe announced today that Ryan Companies US, Inc. and Sunbelt Holdings will develop a site owned by Arizona State University adjacent to Tempe Town Lake, subject to City Council approval of development agreement details in the coming month.

State Farm will lease office space and anchor the multi-use development.

“We are thrilled that Ryan Companies US, Inc. and Sunbelt Holdings have been selected to co-develop and construct the State Farm regional hub,” said John Strittmatter, President of Ryan Companies US, Inc., Southwest Division.

“With retail and recreational amenities on site for State Farm employees and the entire community to enjoy, Marina Heights will become an important icon of the Tempe Town Lake landscape and we are proud to be a part of it.”

The Marina Heights project in Tempe will be the largest office development deal in Arizona history, with more than 2 MSF to be constructed on more than 20 acres. Construction costs are estimated at $600M. Additionally, 40,000 SF to 60,000 SF of retail amenities will complement the transit-oriented development, including food service, coffee shops, restaurants, business services, and fitness facilities.

The site will also feature an approximately 10-acre lakeside plaza, which will be open to the public.

“This is a proud day for Tempe and everyone involved. We are tremendously excited about what the addition of State Farm will mean to our community over the decades to come,” said Tempe Mayor Mark Mitchell. “These employees, buildings, and amenities will further contribute to and showcase the vibrancy of Tempe Town Lake, Mill Avenue, and Arizona State University, and serve as a catalyst for more high-quality development.”

“We are thrilled that State Farm will be expanding in Arizona,” said Gov. Jan Brewer. “The jobs that will be created to make this project a reality will be a tremendous boon to our economy. This is a great example of how our plan to build an Arizona that is attractive to high value employers is hitting the mark.”

The five-building campus will be leased by State Farm and become a hub to include a combination of new hires and existing employees who will provide claims, service, and sales support to State Farm customers.

“State Farm selected Tempe because it has a growing population with skill sets that match our customers’ needs,” said Mary Crego, Senior Vice President, State Farm. “The site along Tempe Town Lake gives our employees access to nearby amenities as well as easy connections to public transportation.”

“We look forward to having State Farm as a neighbor and to working with the company on a variety of programs including employee recruitment and academic programs for their staff,” said ASU President Michael M. Crow.

“State Farm’s decision to lease the land owned by the university immediately adjacent to the ASU Athletic Facilities District is the first major step in the campaign to fund new and renovated sports facilities for the university. The Athletic Facilities District will be home to an exciting mixed-use development reflecting high quality and the best practices of sustainability. A high stature tenant such as State Farm will add to the luster of the district and validates its attractiveness.”

The project is being developed by Ryan Companies US, Inc. and Sunbelt Holdings. Tempe-based architectural firm DAVIS designed the project.

Tempe Town Lake July 4th Festival

Tempe lands state's largest office development deal

The City of Tempe announced today that Ryan Companies US, Inc. and Sunbelt Holdings will develop a site owned by Arizona State University adjacent to Tempe Town Lake, subject to City Council approval of development agreement details in the coming month.

State Farm will lease office space and anchor the multi-use development.

“We are thrilled that Ryan Companies US, Inc. and Sunbelt Holdings have been selected to co-develop and construct the State Farm regional hub,” said John Strittmatter, President of Ryan Companies US, Inc., Southwest Division.

“With retail and recreational amenities on site for State Farm employees and the entire community to enjoy, Marina Heights will become an important icon of the Tempe Town Lake landscape and we are proud to be a part of it.”

The Marina Heights project in Tempe will be the largest office development deal in Arizona history, with more than 2 MSF to be constructed on more than 20 acres. Construction costs are estimated at $600M. Additionally, 40,000 SF to 60,000 SF of retail amenities will complement the transit-oriented development, including food service, coffee shops, restaurants, business services, and fitness facilities.

The site will also feature an approximately 10-acre lakeside plaza, which will be open to the public.

“This is a proud day for Tempe and everyone involved. We are tremendously excited about what the addition of State Farm will mean to our community over the decades to come,” said Tempe Mayor Mark Mitchell. “These employees, buildings, and amenities will further contribute to and showcase the vibrancy of Tempe Town Lake, Mill Avenue, and Arizona State University, and serve as a catalyst for more high-quality development.”

“We are thrilled that State Farm will be expanding in Arizona,” said Gov. Jan Brewer. “The jobs that will be created to make this project a reality will be a tremendous boon to our economy. This is a great example of how our plan to build an Arizona that is attractive to high value employers is hitting the mark.”

The five-building campus will be leased by State Farm and become a hub to include a combination of new hires and existing employees who will provide claims, service, and sales support to State Farm customers.

“State Farm selected Tempe because it has a growing population with skill sets that match our customers’ needs,” said Mary Crego, Senior Vice President, State Farm. “The site along Tempe Town Lake gives our employees access to nearby amenities as well as easy connections to public transportation.”

“We look forward to having State Farm as a neighbor and to working with the company on a variety of programs including employee recruitment and academic programs for their staff,” said ASU President Michael M. Crow.

“State Farm’s decision to lease the land owned by the university immediately adjacent to the ASU Athletic Facilities District is the first major step in the campaign to fund new and renovated sports facilities for the university. The Athletic Facilities District will be home to an exciting mixed-use development reflecting high quality and the best practices of sustainability. A high stature tenant such as State Farm will add to the luster of the district and validates its attractiveness.”

The project is being developed by Ryan Companies US, Inc. and Sunbelt Holdings. Tempe-based architectural firm DAVIS designed the project.

tempe

Ryan Companies US, Sunbelt Holdings To Co-Develop 2 MSF Multi-Use Office Development In Tempe

The City of Tempe announced today that Ryan Companies US, Inc. and Sunbelt Holdings will develop a site owned by Arizona State University adjacent to Tempe Town Lake, subject to City Council approval of development agreement details in the coming month.

State Farm will lease office space and anchor the multi-use development.

“We are thrilled that Ryan Companies US, Inc. and Sunbelt Holdings have been selected to co-develop and construct the State Farm regional hub,” said John Strittmatter, President of Ryan Companies US, Inc., Southwest Division.

“With retail and recreational amenities on site for State Farm employees and the entire community to enjoy, Marina Heights will become an important icon of the Tempe Town Lake landscape and we are proud to be a part of it.”

The Marina Heights project in Tempe will be the largest office development deal in Arizona history, with more than 2 MSF to be constructed on more than 20 acres. Construction costs are estimated at $600M. Additionally, 40,000 SF to 60,000 SF of retail amenities will complement the transit-oriented development, including food service, coffee shops, restaurants, business services, and fitness facilities.

The site will also feature an approximately 10-acre lakeside plaza, which will be open to the public.

“This is a proud day for Tempe and everyone involved. We are tremendously excited about what the addition of State Farm will mean to our community over the decades to come,” said Tempe Mayor Mark Mitchell. “These employees, buildings, and amenities will further contribute to and showcase the vibrancy of Tempe Town Lake, Mill Avenue, and Arizona State University, and serve as a catalyst for more high-quality development.”

“We are thrilled that State Farm will be expanding in Arizona,” said Gov. Jan Brewer. “The jobs that will be created to make this project a reality will be a tremendous boon to our economy. This is a great example of how our plan to build an Arizona that is attractive to high value employers is hitting the mark.”

The five-building campus will be leased by State Farm and become a hub to include a combination of new hires and existing employees who will provide claims, service, and sales support to State Farm customers.

“State Farm selected Tempe because it has a growing population with skill sets that match our customers’ needs,” said Mary Crego, Senior Vice President, State Farm. “The site along Tempe Town Lake gives our employees access to nearby amenities as well as easy connections to public transportation.”

“We look forward to having State Farm as a neighbor and to working with the company on a variety of programs including employee recruitment and academic programs for their staff,” said ASU President Michael M. Crow.

“State Farm’s decision to lease the land owned by the university immediately adjacent to the ASU Athletic Facilities District is the first major step in the campaign to fund new and renovated sports facilities for the university. The Athletic Facilities District will be home to an exciting mixed-use development reflecting high quality and the best practices of sustainability. A high stature tenant such as State Farm will add to the luster of the district and validates its attractiveness.”

The project is being developed by Ryan Companies US, Inc. and Sunbelt Holdings. Tempe-based architectural firm DAVIS designed the project.

SPRBLMRBioPic

Harkins marketing duo forms Syndicate PR

Bryan Laurel and Melissa Rich, the two top-ranking marketing executives at Harkins Theatres, left the theatre chain to form their own PR firm – Syndicate Public Relations. Additionally, Laurel and Rich are proud to announce they will handle all publicity efforts for the Scottsdale International Film Festival, which celebrates its 13th year in October.

Syndicate PR specializes in public relations strategy and execution, promotional and strategic marketing and special events including product launches and fundraisers.  While working with retailers, businesses and charitable organizations, Syndicate PR will capitalize upon recent successes by working with motion picture distributors and independent filmmakers.

Laurel left his post as Director of Marketing in early January after 15 years with the company. His previous experience includes marketing roles for such brands as Apple Computer, Inc., General Electric, Dillard’s Box Office and AMC Theatres. Laurel spent much of his career at Harkins managing a well-rounded marketing team, executing high-profile promotions and cultivating relationships with valley media and executives at Hollywood motion picture studios.

Rich landed at Harkins in 2004 after building her career within several local full-service advertising agencies and ABC News in Washington D.C. Prior to her departure in February, Rich oversaw Harkins’ community relations program and in-kind partnerships with local charities generating more than $2 million in in-kind donations annually.

Together, Laurel and Rich created hundreds of motion picture promotions with major Hollywood studios and helped the company double in size via marketing campaigns for 18 new theatres in the Phoenix-metro area, Oklahoma, Texas, Colorado and California.  They also spearheaded the successful effort to bring the world premiere of 20th Century Fox’s X-Men Origins: Wolverine to their theatre at Tempe Marketplace in 2009. The event attracted thousands of moviegoers, hundreds of national and international media entities and hosted Hugh Jackman, Ryan Reynolds, Liev Schreiber and Will.i.am. as well as Valley-based celebrities.

“I had a great experience with Harkins. Giving fifteen years of my life to the company was easy when working for a man like Dan Harkins.  Melissa and I accomplished all we wanted to and now we’re taking our unique skills from the motion picture industry to a new world of clients” said Bryan Laurel, Principal at Syndicate PR.

“Bryan and I work together so well and this partnership made perfect sense for us as a next logical step upon leaving our corporate lives,” said Melissa Rich, Syndicate PR Principal. “I am extremely grateful for all of the opportunities I was given at Harkins Theatres, and I’m excited to showcase our expertise in new areas.”

skd258400sdc

Greenberg Traurig among ‘Best Corporate Law Firms’

The international law firm Greenberg Traurig, LLP, with more than 50 Arizona-based attorneys, has been named one of America’s Best Corporate Law Firms by Corporate Board Member, an NYSE Euronext company, and global business advisory firm FTI Consulting, Inc. in their annual survey of directors and general counsel of publicly-traded companies. The award was presented Tuesday as part of Corporate Board Member’s 6th Annual Legal Recognition Dinner in New York.

“We are very grateful for this honor,” said John Cummerford, a co-managing shareholder in Greenberg Traurig’s Phoenix office. “This is especially noteworthy since this recognition comes from our peers in the industry – general counsel of public companies – and reflects the respect our firm has earned worldwide.”

Each year, Corporate Board Member and FTI Consulting team up to conduct research to reveal those law firms that directors and general counsels believe to be the most respected legal counsel nationwide. This year, Greenberg Traurig is included on the 2013 Top 25 National Law Firm General Counsel’s Rankings list.

Greenberg Traurig attorneys represent both public and privately-held clients in a wide range of industries and in transactions including mergers and acquisitions, private equity transactions, public and private offerings of securities, as well as litigation, real estate, intellectual property, tax and other matters.