All posts in "Maricopa"

Pet Supply Giant Chewy Brings 700 Jobs To Goodyear

 

Via azbigmedia.com

Online pet products retailer Chewy, Inc. has committed to bringing 700 new full-time jobs to Goodyear as part of its latest expansion into the southwestern United States.

The 49-acre site that the company selected for its 802,671 square foot e-commerce facility is located south of Van Buren Street on 143rd Avenue in the Airport Gateway Development, a 230-acre master planned business park. Construction of the facility began in November in anticipation of taking occupancy in the second quarter of 2018.

Goodyear Mayor Georgia Lord welcomed the city’s latest investor saying “We are thrilled to announce that Chewy, Inc. has chosen Goodyear as the location for their internet fulfillment center. E-commerce will continue to be a significant driver of our nation’s economy and Goodyear is proud to be home to an innovative company like Chewy, Inc.”

 

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Economic Buzz About Tucson May Be Right, Despite Lackluster Numbers

 

Via tucson.com

That was the unexpected message UA economist George Hammond delivered in his 2018 economic forecast.

An economist telling us to ignore data and trust our feelings?! Well, it wasn’t that simple, but Hammond noted that the preliminary survey data delivered by the Bureau of Labor Statistics and used by state of Arizona in its employment reports don’t seem to add up. For some of the months in late 2017, they’ve shown job losses in the Tucson area compared to the same time last year, at a time when we were supposed to be growing steadily.

“Before you get too concerned about that, I think that those estimates are way too pessimistic,” Hammond told us Friday during a luncheon at the Westin La Paloma. “I think that data, which is preliminary data, is going to be revised up significantly. Once it is revised up, that’s going to square a lot better with the buzz around town about how Tucson is doing.”

 

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New Institute For Congestive Heart Failure Helps Keep Patients Out Of Hospital

 

Via azcapitoltimes.com

Abrazo Arizona Heart Hospital has opened its new Institute for Congestive Heart Failure that is being touted as one of the nation’s first of its kind for its comprehensive, patient-centered care.

With a goal of keeping patients out of the hospital, the Institute for Congestive Heart Failure encompasses everything from prevention and early detection using new diagnostics to an array of treatment options, including optimized medications and revolutionary, minimally invasive procedures that help the heart work better.

As the institute’s new medical director, Dr. Kris Vijay leads a multi-disciplinary team of caregivers – from nurses and pharmacists to dietitians and nephrologists (specialists in treating kidney disease).

 

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Downtown Phoenix’s Roosevelt Row Continues To Attract Developers, Businesses

 

Via azcentral.com

Boarded-up buildings and weed-filled vacant lots were the norm in metro Phoenix’s oldest historic neighborhood not too long ago.

Now, the 100-plus-year-old Roosevelt District in downtown Phoenix has evolved before our eyes into Roosevelt Row, one of the most popular neighborhoods in not only metro Phoenix but the U.S.

The bustling Central Avenue and Roosevelt Street hub of Roosevelt Row was recently voted the sixth most popular metro Phoenix intersection by Urban Land Institute Arizona. The area didn’t even make the list 10 years ago.

 

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OnTrac Ranked 12th Fastest Growing Company And Privately Held Company In Arizona

 

Via businessinsider.com

CHANDLER, Ariz., Dec. 11, 2017 (GLOBE NEWSWIRE) — OnTrac, a logistics company specializing in delivery services in the Western United States, received the high honor as the 12th Fastest Growing Company as well as the 12th Ranked Privately Held Company. Both distinctions were part of the annual Arizona Corporate Excellence (ACE) awards put on by the Phoenix Business Journal. The recognition event took place on Thursday, November 2, 2017 at the Scottsdale Center for the Arts. The event brought together the largest private companies in Arizona that together generate revenues of over $15 billion per year, employ over 40,000 employees throughout the state, and over 56,000 employees worldwide.

The ACE awards is a nomination-based program that ranks by 2016 revenue and further company information such as the number of local and companywide employees, a company profile, professional bio for the top local executive and the year that company was founded locally. Based on this information along with company interviews and further research by accounting firm CliftonLarsonAllen, the top private companies list is created. The goal of the ACE awards is to develop a sense of knowledge-sharing and community among private companies in Arizona and provide a means for executives at all levels to expand their professional networks.

In additional to receiving recognition at the 2017 ACE awards, OnTrac has received two additional awards this fall. Transport Topics ranks the 100 largest for-hire carriers in North America, which OnTrac ranked number 5 among the top package/courier carriers and tied for number 56 for all sectors. Companies operating in the United States and Canada are ranked on the basis of annual revenue. Additionally, OnTrac was ranked as 41 at the 2017 Chandler 100 event, which ranks the top 100 business located in Chandler, Arizona.

 

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Digital Mattress Company Goes Brick-n-Mortar

 

Via azfamily.com

PHOENIX – It’s a Saturday morning in downtown Gilbert, and, for September, temperatures are still sweltering. The sun beats down as a local farmer’s market sells homemade jams and families walk their dogs. The buzz of couples chattering over brunch can be heard from the sidewalk. But, tucked just behind the restaurants that line Gilbert’s Heritage Square, people line up to be one of the first 100 customers to claim a free Tuft & Needle pillow at the grand opening of its fourth brick-and-mortar location.

Suburban Gilbert doesn’t resemble the hoodie-clad, tech-savvy millennials that fill Tuft & Needle’s headquarters, located about 20 miles away in downtown Phoenix. The crowd is a congregation of middle aged and grey haired people, accompanied by children playing as they wait for their turn to enter the new storefront.

The majority of Tuft & Needle’s marketing is encompassed by defiance of traditional norms in mattress sales, including high pricing and use of materials deemed unnecessary. In addition, its self-proclaimed “disrupt” of the mattress industry was initiated by a unique and unseen business model: online exclusivity.

 

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Markham Contracting Celebrates 40 Years Of Impact

 

Via azbigmedia.com

Markham Contracting Co., Inc., founded in the Phoenix garage of President Mike Markham Sr., in 1977, is celebrating 40 years of helping shape the Southwest landscape.

Projects include the original Hughes Helicopter manufacturing plant, now Mesa Boeing; Phoenix International Raceway; the Omni Montelucia Resort; the Chicago Cubs’ spring training facility; the Wickenburg bypass; Grand Avenue; and Victory at Verrado, to name a few.

As a family-owned grading, paving, wet utility, concrete and general engineering contracting firm, Markham Contracting has left an indelible mark on more than 4,000 municipal, commercial, residential, industrial, and utility developments in Arizona.
 

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Arizona and Phoenix Lead In Small Business Wage Growth

 

Via azbigmedia.com

The Paychex | IHS Markit Small Business Employment Watch shows a modest decline in both small business job and wage growth for November. The Small Business Jobs Index decreased 0.03 percent for the month, 0.10 for the quarter, and 0.52 percent for the year to 99.86. The national index has now been below 100 for five consecutive months. Monthly small business wage growth has slowed since reaching a high of nearly three percent in August. Hourly earnings in November stand at $26.09, a gain of 2.77 percent ($0.70) year-over year.

According to the report, Arizona leads states in wage growth, nearing five percent (4.99 percent) YOY. Southwest metros – including Phoenix, San Diego, and Riverside – also lead hourly earnings growth among national metros with rates well above four percent.

“Though the monthly declines this year have been small, they have been persistent,” said James Diffley, chief regional economist at IHS Markit. “At 99.86, the Small Business Jobs Index indicates employment growth, though steady, is now at the slowest pace since 2011.”

 

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Alaska USA Federal Credit Union Moving Operations Hub To Glendale, Bringing 136 Jobs

 

Via azcentral.com

Alaska USA Federal Credit Union will move its California operations center — and 136 jobs — to Arizona in 2018, expanding its footprint in Glendale.

The banking company already has a data center in Glendale’s Talavi Business Park, near 55th Avenue and Bell Road, that employs 65 people. The 185,000-square-foot operations center will be next door at 5551 W. Talavi Blvd.

This will be the credit union’s second operations center. The other is in Anchorage, Alaska.

 

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First Solar Bets Its Future On A New Panel

 

Via bloomberg.com

First Solar Inc. is poised to take the wraps off the Series 6 panel Tuesday, a long-awaited product rollout that has huge implications for the biggest U.S. solar manufacturer.

It’s not a stretch to say that Tempe, Arizona-based First Solar has bet its future on the success of this product. As solar panels get cheaper and cheaper, and global demand continues to swell, production costs have become key to competing against other companies, especially in Asia where most of the world’s panels are produced.

First Solar has “become a pure widget manufacturer and they need to compete exclusively on cost,” said Pavel Molchanov, an analyst at Raymond James Financial Inc. “It’s a risky bet. They need to show a cost road map that keeps them ahead of China.”

 

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