Phoenix, Arizona has long been a hub for business and commerce in the southwestern United States. In recent years, the city has seen a surge of new companies making waves in the local business news. From startups to established corporations, these companies are making a significant impact in the Phoenix business landscape. Here are the top 10 companies making waves in Phoenix business news.

1. Nikola Corporation:

Based in Phoenix, Nikola Corporation has been making headlines with its innovative hydrogen fuel cell and electric vehicle technology. The company is focused on revolutionizing the transportation industry and has attracted significant attention from investors and the media.

2. Carvana:

This e-commerce platform for buying and selling used cars has quickly become a major player in the automotive industry. Carvana’s unique business model has gained traction in Phoenix and beyond, making it a company to watch in the coming years.

3. PetSmart:

Based in Phoenix, PetSmart is the largest pet retailer in the United States. The company has been expanding its presence in the city and has been recognized for its commitment to pet wellness and sustainability.

4. Axon:

As a leading manufacturer of body cameras and other law enforcement technology, Axon has been at the forefront of the conversation surrounding police accountability and transparency. The company’s products are used by law enforcement agencies across the country and have sparked conversations about the future of policing.

5. Sprouts Farmers Market:

This grocery store chain has seen significant growth in recent years and has become a staple in the Phoenix area. With a focus on providing healthy and sustainable options, Sprouts Farmers Market has become a go-to destination for health-conscious consumers.

6. GoDaddy:

As a major player in the web hosting and domain registration industry, GoDaddy has a strong presence in Phoenix. The company’s continued growth and innovation have kept it in the spotlight in the local business news.

7. ON Semiconductor:

As a leading supplier of semiconductor solutions, ON Semiconductor has been a key player in the technology and manufacturing sectors in Phoenix. The company’s products play a crucial role in a wide range of industries, including automotive, industrial, and consumer electronics.

8. Shamrock Foods Company:

This family-owned food distribution company has been a staple in the Phoenix business community for over 90 years. The company’s commitment to quality and sustainability has set it apart in the food and beverage industry.

9. U-Haul:

With its headquarters in Phoenix, U-Haul has been a major player in the moving and storage industry for decades. The company’s continued expansion and innovation have kept it in the conversation in local business news.

10. Freeport-McMoRan:

As a leading international mining company, Freeport-McMoRan has a significant presence in Phoenix. The company’s operations in Arizona and around the world have positioned it as a major player in the natural resources industry.

These companies are just a few examples of the diverse and dynamic business community in Phoenix. As they continue to grow and innovate, they will undoubtedly shape the future of the city’s economy and business landscape. Keep an eye on these companies as they continue to make waves in Phoenix business news.