In a proactive move to ensure consumer safety, Fresh & Ready Foods has announced a voluntary recall of four torta sandwich products that contain cotija cheese. This recall affects consumers in Arizona, California, Nevada, and Utah and comes in the wake of a larger recall initiated by Rizo-López Foods, Inc. The cotija cheese used in […]
Amkor Technology, Inc., a leader in semiconductor packaging and test services, has announced its significant investment plan for an advanced packaging and test facility in Peoria, Arizona. The project, marking a substantial commitment to the US semiconductor industry, is projected to involve approximately $2 billion in investment and create about 2,000 jobs. Largest Outsourced Advanced […]
In a significant step towards Arizona’s clean energy transformation, BrightNight, a next-generation global renewable power producer, in partnership with Cordelio Power and Southwest Public Power Agency (SPPA), Inc., announced the groundbreaking of the Box Canyon Solar Project. Located in Pinal County, near the Town of Florence, this 300-megawatt project marks the largest renewable energy procurement […]
Aphorio Carter Fund Management Company, LLC, a branch of Carter Funds, has finalized the acquisition of the Tucson Tech Data Center in Tucson, Arizona, at a deal value of $13 million. Furthermore, there’s an additional $8 million earmarked for infrastructure improvements, reinforcing their commitment to expanding their digital infrastructure portfolio. Proximity to Phoenix Data Center […]
Diverzify, a major American commercial flooring and interior services provider, has announced its strategic acquisition of Wholesale Floors, LLC, Arizona’s largest commercial flooring company. This latest move solidifies Diverzify’s commitment to redefining the U.S. commercial flooring and interior services landscape. With a strong existing network and over 2,500 employees, Diverzify’s expansion into the Arizona and […]
Taseko Mines Limited has announced the issuance of a final Underground Injection Control Permit (UIC) from the US Environment Protection Agency (EPA) for its Florence Copper Project. With this crucial permit, the construction of the Florence Copper commercial production facility can commence, supported by an after-tax NPV (8%) of US$930 million and an annual production […]
C&S Wholesale Grocers, a leading name in the U.S. wholesale grocery supply and supply chain solutions sector, is expanding its reach through a definitive agreement to acquire 413 stores, eight distribution centers, and two offices. The assets have been made available due to the merger between The Kroger Co. and Albertsons Companies Inc. While the […]
Leading real estate investment and management firm, Olympus Property, has strategically acquired the Trailside Apartments, a modern 111-unit community in Flagstaff, Arizona. This acquisition follows Olympus’s success with the nearby Mountain Trail Apartments, amplifying its influence in the Southwest region. The decision to secure Trailside Apartments is rooted in Flagstaff’s buoyant rental market dynamics, characterized […]
Global Hospitality Investment Group (GHIG), a prominent player in hospitality-centric real estate private equity, announced today its acquisition of the Doubletree Resort Scottsdale Paradise Valley. Nestled in the dynamic hospitality market of Paradise Valley, Scottsdale, Arizona, the property will continue to operate under the Hilton flag. The financial details of the deal remain undisclosed. The […]
Across the globe, extreme temperatures became a pressing issue on Saturday, as millions of individuals, especially those in the United States, faced dangerously high heat levels. Experts predict unprecedented heatwaves in regions like Europe and Japan, in addition to the severe heat tormenting the US. A significant heatwave spreading from California to Texas reached its […]