Arizona

Proposed US$3.3 billion gasoline plant in southern Arizona halted

CASA GRANDE, AZ — Construction of a proposed gasoline plant in southern Arizona that would have generated more than 2,000…

Pandemic results in US$10 billion in lost revenue for Arizona tourism

TUCSON – The on-going pandemic has unsurprisingly crushed the tourism industry in Arizona. Statewide revenue is down US$10 billion from…

TSMC to spend US$3.5 billion on Arizona subsidiary

TAIPEI – Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, said that its board has approved funding to…

Arizona’s hotel Industry faces challenges due to COVID-19 pandemic

ARIZONA – Arizona’s hotel and restaurant industries are bracing for continued challenges as the state is dealing with an uptick…

Phoenix approves proposal for Arizona’s tallest tower

PHOENIX – A tower that could soon be Arizona’s tallest building received final approval from Phoenix City Council. Council approved…

Arizona ranks third for economic momentum

ARIZONA – Arizona is ranked third best in the nation for economic momentum, based on a new report by State…

Salt River Project and sPower announced the construction of its new plant in Arizona

PINAL COUNTY – Salt River Project and sPower, a renewable energy independent power producer, announced construction is underway on East…

Sandvik Materials Technology expands to Tucson

ARIZONA – Sandvik Materials Technology, a world-leading developer and manufacturer of advanced stainless steels and special alloys, announced plans to…

The Arizona Tourism Industry has lost US$7 billion during the pandemic

ARIZONA – The Arizona Tourism industry has been hit hard by the pandemic, even as weather begins to cool in…

Phat Scooters to Open Headquarters in AZ

Phat Scooters, a leader in Neighborhood Electric Vehicle manufacturing, will soon be opening a new headquarters in Phoenix, Arizona. The…

Arizona hotel industry ‘on brink of collapse’

ARIZONA – COVID-19 has affected almost every industry across the world. But the hospitality industry could be one of the…

Nanomoneo establishes biotech operation in Tucson

TUCSON – After a competitive, multi-state process, Nanomoneo, a biotechnology instrument company, announced today that it has selected the University of Arizona Center…

Arizona Custom Blends buys Tempe industrial facility

ARIZONA – JLL Capital Markets announced that it has closed the US$7.75 million sale of and arranged US$11.8 million in…

Dozens of Arizona bars, gyms cleared by state to reopen

ARIZONA – The Arizona Department of Health Services has given the OK for dozens of gyms, bars and theaters to…

Robotic trucks roll through Arizona

ARIZONA – While some tech innovators have recently slowed their roll into the nascent autonomous vehicle market, one industry leader…