Where Metro Phoenix Business Happens

Local Business News, Economic Development, and Community Growth Across Metropolitan Phoenix & the Valley of the Sun

Where Metro Phoenix Business Happens

Local Business News, Economic Development, and Community Growth Across Metropolitan Phoenix & the Valley of the Sun

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Where Metro Phoenix Business Happens

Local Business News, Economic Development, and Community Growth Across Metropolitan Phoenix & the Valley of the Sun

Top Stories in Metro Phoenix Business News

Top Stories in Metro Phoenix Business News

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  • First US Rare Earth Recycling Facility Opens in Mesa
  • Amkor Boosts AZ Semiconductor Investment to $12 Billion
  • Top 5 August Real Estate Transactions
  • Downtown Goodyear’s GSQ Adds Six New Businesses
  • First US Rare Earth Recycling Facility Opens in Mesa
  • Amkor Boosts AZ Semiconductor Investment to $12 Billion
  • Top 5 August Real Estate Transactions
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Driving Economic Growth + Promoting Local Business

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Cyclic Materials opened its first commercial-scale rare earth magnet recycling facility in @cityofmesa, strengthening the domestic supply of rare earth elements and critical minerals. The company invested more than $30 million in the 144,000-square-foot facility, which will initially create more than 25 jobs. The plant can process up to 25,000 metric tons of end-of-life products containing magnets each year. Cyclic Materials will recover rare earth magnet concentrate through its Mag-Xtract™ process, along with critical materials such as copper, aluminum and steel. Federal, state and local leaders joined company executives to celebrate the facility’s grand opening. #cyclicmaterials #silicondesert #mesaaz #advancedmanufacturing #metrophx
Heritage Park (@heritageparkgilbert), a new mixed-use destination taking shape in (@downtowngilbertaz) Gilbert’s Heritage District, has announced its first five tenants. The lineup includes Arizona’s first Popup Bagels (@popupbagels), along with La La Land, Hudson House, Salt & Straw, and @solidcore. Construction continues across the development, with the first businesses expected to open in the second quarter of 2027. #gilbertaz #heritagedistrict #heritagepark #townofgilbert #metrophx
Scottsdale-based @barrett_jackson has launched Digital Select Auctions, a premium online marketplace for curated collector vehicles. The platform allows enthusiasts worldwide to bid during exclusive, timed digital auctions. Barrett-Jackson will oversee each transaction, including holding the money and vehicle title, to provide buyers and sellers with greater confidence. The company will also verify completed sales and apply its auction expertise to the process. The first Digital Select Auction will run Nov. 5-12 at Barrett-Jackson.com. #barrettjackson #autoauction #automobilia #scottsdaleaz #metrophx
The Metro Phoenix housing market continues to earn national recognition, with five Valley cities ranking among the country’s 50 best real estate markets, according to a new @wallethub analysis. The Best Real Estate Markets 2026 report determines the best local real estate markets in the U.S. WalletHub compared 300 cities of varying sizes across 17 key indicators of housing-market attractiveness and economic strength. The study places Gilbert at 13, followed by Surprise at 27, Peoria at 42, Tempe at 46 and Chandler at 50.
#metrophx #realestatemarket2026 #gilbertaz #surpriseaz #peoriaaz
Tempe-based Dutch Bros Coffee plans to acquire 51 former Salad and Go locations after the fast-casual chain filed for bankruptcy, with the ongoing cyclosporiasis outbreak contributing to its collapse. Court documents filed Tuesday in federal bankruptcy court identify a Dutch Bros-affiliated LLC as the buyer of dozens of Salad and Go restaurants in Arizona and Nevada, along with leases for additional former locations in Texas and Oklahoma. #saladandgo #dutchbros #dutchbroscoffee #tempeaz #drivethru
Salad and Go filed for Chapter 11 bankruptcy protection Monday and announced it will permanently close all of its locations, serving its final meals Wednesday. The Gilbert-founded drive-thru restaurant chain submitted voluntary bankruptcy petitions in the U.S. Bankruptcy Court for the Southern District of Texas in Houston.

The company said declining consumer demand, rapid expansion challenges, and rising operating costs made its business unsustainable. Salad and Go also said the Cyclospora foodborne illness outbreak in July hurt sales, even though health officials did not link the chain to the contamination. #saladandgo #gilbertaz #cyclospora #bankruptcy #chapter11
@wallethub has released its 2026 Best & Worst Places to Rent report, ranking more than 180 U.S. cities to help renters identify the nation’s top housing markets. The study places @scottsdaleazgov (No. 1), @gilbertyourtown (2), and @cityofchandler (3) at the top of the rankings, with @peoriaazcam (6), @cityofmesa (16), @glendaleaz (17), @cityofphoenixaz (19), and @tempegov (25) also earning spots among the nation’s 25 best cities for renters. #wallethub #houserental #eastvalleyaz #scottsdaleaz #metrophx
Celebrating 250 Years of Freedom! Happy Independence Day and Cheers to a great, safe weekend. #250 #4thofjuly #usa🇺🇸 #250yearsoffreedom #metrophx
Cyclic Materials opened its first commercial-scale rare earth magnet recycling facility in @cityofmesa, strengthening the domestic supply of rare earth elements and critical minerals. The company invested more than $30 million in the 144,000-square-foot facility, which will initially create more than 25 jobs. The plant can process up to 25,000 metric tons of end-of-life products containing magnets each year. Cyclic Materials will recover rare earth magnet concentrate through its Mag-Xtract™ process, along with critical materials such as copper, aluminum and steel. Federal, state and local leaders joined company executives to celebrate the facility’s grand opening. #cyclicmaterials #silicondesert #mesaaz #advancedmanufacturing #metrophx
Heritage Park (@heritageparkgilbert), a new mixed-use destination taking shape in (@downtowngilbertaz) Gilbert’s Heritage District, has announced its first five tenants. The lineup includes Arizona’s first Popup Bagels (@popupbagels), along with La La Land, Hudson House, Salt & Straw, and @solidcore. Construction continues across the development, with the first businesses expected to open in the second quarter of 2027. #gilbertaz #heritagedistrict #heritagepark #townofgilbert #metrophx
Scottsdale-based @barrett_jackson has launched Digital Select Auctions, a premium online marketplace for curated collector vehicles. The platform allows enthusiasts worldwide to bid during exclusive, timed digital auctions. Barrett-Jackson will oversee each transaction, including holding the money and vehicle title, to provide buyers and sellers with greater confidence. The company will also verify completed sales and apply its auction expertise to the process. The first Digital Select Auction will run Nov. 5-12 at Barrett-Jackson.com. #barrettjackson #autoauction #automobilia #scottsdaleaz #metrophx
The Metro Phoenix housing market continues to earn national recognition, with five Valley cities ranking among the country’s 50 best real estate markets, according to a new @wallethub analysis. The Best Real Estate Markets 2026 report determines the best local real estate markets in the U.S. WalletHub compared 300 cities of varying sizes across 17 key indicators of housing-market attractiveness and economic strength. The study places Gilbert at 13, followed by Surprise at 27, Peoria at 42, Tempe at 46 and Chandler at 50.
#metrophx #realestatemarket2026 #gilbertaz #surpriseaz #peoriaaz
Tempe-based Dutch Bros Coffee plans to acquire 51 former Salad and Go locations after the fast-casual chain filed for bankruptcy, with the ongoing cyclosporiasis outbreak contributing to its collapse. Court documents filed Tuesday in federal bankruptcy court identify a Dutch Bros-affiliated LLC as the buyer of dozens of Salad and Go restaurants in Arizona and Nevada, along with leases for additional former locations in Texas and Oklahoma. #saladandgo #dutchbros #dutchbroscoffee #tempeaz #drivethru
Salad and Go filed for Chapter 11 bankruptcy protection Monday and announced it will permanently close all of its locations, serving its final meals Wednesday. The Gilbert-founded drive-thru restaurant chain submitted voluntary bankruptcy petitions in the U.S. Bankruptcy Court for the Southern District of Texas in Houston.

The company said declining consumer demand, rapid expansion challenges, and rising operating costs made its business unsustainable. Salad and Go also said the Cyclospora foodborne illness outbreak in July hurt sales, even though health officials did not link the chain to the contamination. #saladandgo #gilbertaz #cyclospora #bankruptcy #chapter11
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