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SCVEDC Hosts Annual Economic Outlook Forecast
Even though economist Dr. Mark Schniepp of California Economic Forecast said to expect a “boring economy” in 2019, SCVEDC’s annual Economic Outlook was anything but. With tickets selling out nearly five weeks before the event date, Holly Schroeder, President & CEO of SCVEDC gave a warm welcome to over 400 attendees that crowded into the ballroom at the Hyatt Regency Valencia.
The Santa Clarita Valley Keeps Winning
The Santa Clarita Valley has been in the news quite a lot lately -- and for good reason. Those of us who call the SCV home already know it's a great place to live and work, but others are taking notice as well.
The Ripple Effect: New Development = Job Creation
Pretend for a moment you want to build a new house. What do you need?
Raw materials, certainly. Foundation, wood, brick, glass, etc. You’ll need labor, too. Someone has to design the place, transport your raw materials, and assemble them into something that won’t tip over when the big bad wolf comes around.
SCV Means Business: Neotech and Technifex
Among the various industry clusters that call the SCV home, most businesses agree that moving or starting here has helped them in some central way that they can’t ignore. This month we spoke with two companies who are not only pushing boundaries in their respective industries, but also found a home in Santa Clarita to serve their needs.
Workplace Education is the Future
With the constantly evolution across multiple industries and even within individual jobs, it’s no surprise that learning new skills is becoming both a requirement and expectation. It’s no longer enough to “go back to school;” instead, learning has become a continuous process the workforce is expected to integrate into daily operations to keep up with a company's growing needs.
SCVEDC is Here to Help your Company GROW in 2019
A major function of our work at the Santa Clarita Valley Economic Development Corporation (SCVEDC) is to monitor the diverse issues facing businesses in our region and provide support to companies as they work through these issues. This is accomplished in a variety of ways through our business assistance program, our business attraction efforts, and our partnerships with our Board, COC, the City of Santa Clarita and the County of Los Angeles to name a few.
SCV Means Business Podcast Update– Innovative SCV Startups & Mission Valley Bank
Among the diverse companies that make up the SCV economy, there are a few that are providing innovative solutions to current and future industry needs. Many of these businesses are highlighted on the new website Innovate SCV, a partnership we are proud to participate in, fueling entrepreneurial endeavors in Santa Clarita with an award-winning business incubator program and a massive network of support and resources.
Eight SCV Companies make the San Fernando Valley Business Journals list of fastest growing private companies
The San Fernando Valley Business Journal recently recognized Los Angeles County’s fastest growing companies and eight Santa Clarita Valley Companies made the list.
SCV Means Business – AMS Fulfillment and Princess Cruises
The Santa Clarita Valley is home to businesses across a number of diverse industries, many of which chose this location to address a few common needs that arise for any growing company. Two such companies, AMS Fulfillment and Princess Cruises, chose the SCV because they found the resources they needed to thrive in this area that weren’t available elsewhere. In October, SCVEDC President Holly Schroeder sat down with leaders from both companies to discuss what makes SCV a great location for business.
Current Trends in the Aerospace and Defense Industry
Although modern air travel as we know it has not changed much over the past 50 years or so, the aerospace and defense industry has been quite the opposite. Companies in the sector are proving time and again that they aren’t afraid to incorporate new technology and concepts into their products, which are finally beginning to carry over into commercial aircraft as well. Here are four trends to be on the lookout for in the near future:
Laemmle Theater Breaks Ground in Old Town Newhall
Laemmle Newhall 7 celebrated its groundbreaking in Old Town Newhall yesterday. Part of the new Newhall Crossings development, the multi-screen, 500 seat, two story arthouse cinema plans to open one year from now.
AVITA Medical Receives FDA Approval for Spray-on Burn Treatment
Avita Medical's ReCell, a regenerative skin-cell solution, is the first treatment of its kind approved by the US Food and Drug Administration for growing back skin on burn victims. Avita Medical is a global regenerative medicine company with its US Headquarters in the Santa Clarita Valley.
Manufacturing Jobs Continue to Evolve
Over the last decade or two across the industry with the rise in automation, a misconception has grown around the direction manufacturing jobs are headed. While it’s true that the days of building products manually are just about dead, manufacturing jobs themselves are far from it.
Protecting Your Business from the Outside-In
When running a business, your responsibilities can seem endless. From managing employees to keeping production running smoothly, approving budgets to handling client contact, the last thing you want to worry about is an IT breach or security nightmare. And if you happen to work in an area where natural disasters are a regular occurrence, the threat of losing entire systems and databases is just as imminent as a cybersecurity risk.
Recent Advancements in Medical Technology
Over the past two decades we’ve seen quite the revolution in terms of medical devices and manufacturing, but perhaps the most interesting part is actually the technology driving the healthcare industry today. Considering that just one hundred short years ago a simple cold could mean a death sentence, the advances from just the last decade are almost unfathomable.
Technology in Medical Manufacturing
Advances in medical device manufacturing have transformed not only what procedures we can perform safely, but also how we perform them. And while this is hardly a revelation, it’s never been at a more exciting place than it is today. The United States is currently responsible for 40% of the global medical device market and nearly 2 million jobs, with exports exceeding $41 billion in 2017 alone.
Minimum Wage Increases a Hot Topic at SCV Forum
Business leaders and HR professionals from a wide diversity of industry sectors gathered this week for a Minimum Wage Forum sponsored by Poole and Shaffery, LLP and hosted by the Santa Clarita Valley Economic Development Corporation (SCVEDC) at College of the Canyons.
2018’s Top 3 Trends in 3D Printing
Just a few short years ago, the topic of 3D printing seemed confined to engineers and scientists. Today, it’s becoming a household term as one breakthrough after another makes headlines and brings the technology one step closer to widespread availability and new applications.
Logix FCU Recognized as Best In-State Credit Untion
In an article published by Forbes and Statista, a market research firm, Logix Federal Credit Union was ranked number one on their list of Best In-State Credit Unions. They even outranked the top-rated bank in California. When you look at the numbers, it’s easy to see why; Logix has grown its membership by more than 70,000 people since 2011 and has nearly $5.7 billion in assets. Logix plans to relocate to a new state-of-the-art headquarters in the Santa Clarita Valley next year.
The State of eSports in LA (and Why You Need to Pay Attention)
Each year, video game players across the globe compete in tournaments for prize money that tops the salaries of many professional football players.
This Time, It's Personal – 5 Digital Trends Shaping 2018
If Alexa is reading this blog post to you, you already know 2018 has seen a big shift in how businesses and consumers interact with the internet.
Minimum Wage Forum August 1, 2018
As of July 1, mandated minimum wages in the Santa Clarita Valley will be up to $2.25 per hour higher for businesses west of the 5 Fwy (County of LA) than for those east of the 5 (City of Santa Clarita).
Must-See TV and Movies – New and Returning Shows Filmed in Santa Clarita
Not to gush, but are you caught up on Westworld? Possibly HBO's greatest achievement since Game of Thrones, season two of the western-cum-sci-fi epic is airing RIGHT NOW.
We bring this up not because SCVEDC is getting into the business of critiquing productions, but because some of the show's breathtaking cinematography was done right here in Santa Clarita.
It's Not a Small World After All – How to Find the Right Location to Film
You've got a killer script, a crackerjack director, and Mr. George Clooney is interested in starring in the production.
But where, oh where are you going to film your movie?
You Oughta Be in Pictures – Top 3 Factors to Consider When Selecting the Ideal Film Location
Some places feel like they’re made for film.
Picture the idyllic rolling fields of New Zealand – AKA The Shire from the Lord of the Rings trilogy. Or the seemingly endless, barren deserts of Tunisia, transformed by George Lucas into the planet Tatooine in Star Wars. Or Central Park, a location playing itself in any number of films from Elf to When Harry Met Sally.
Supercharged Santa Clarita Valley
Tesla owners rejoice! Dale Donohoe of Intertex Properties is pleased to announce that a new Tesla Supercharger station is set to open by the end of the week. Located in the Bridgeport Marketplace parking lot, this charging station is the first of its kind in the Santa Clarita Valley with 24 charging stations.
CalArts Joins Forces with SCV Business Community for a Digital Expo That's Going to be Better Than Ever
California Institute of the Arts (CalArts), a world-class art institute in Santa Clarita, is teaming up with the Santa Clarita Valley Economic Development Corporation (SCVEDC), the Santa Clarita Valley Business Journal (SCVBJ), and Pitch Globally Media at their upcoming Digital Arts Expo with a series of events to be hosted on campus during the annual Expo on Thursday, May 3, 2018. These events are part of CalArts’ continued effort to extend their reach into the local community and bring community members and business leaders to campus to showcase the phenomenal talent that is nurtured there.
Nasmyth TMF Celebrates Grand Opening
Nasmyth Group, a world leader and global supplier of precision engineering solutions in the aerospace industry based in the United Kingdom, held their grand opening of a new facility in the Santa Clarita Valley (SCV) on March 22. This facility will significantly expand their footprint and ability to deliver metal surface treatments to aerospace and defense clients in SCV and the United States.
SCVEDC Hosts Annual Economic Outlook Forecast
March 8, 2018 – Tournament Players Club Valencia (Valencia View Room)
The skies were sunny and so was the economic outlook for our region at the annual Economic Outlook Forecast Conference held on Thursday, March 8.
The speaker lineup that addressed the full house included:
This year’s conference had a record number of sponsors AND attendees! Held at a new temporary event venue (called the Valencia View Room) on the grounds of the Tournament Players Club, event participants were treated not only to the latest economic data for the Santa Clarita Valley but also spectacular views of the entire valley.
