Northrop Grumman exec offers tips to potential suppliers


Kevin Mitchell, vice president of global supply chain at Northrop Grumman Aerospace Systems, the world’s fifth-largest defense contractor, addressed a capacity audience of more than 70 aerospace business leaders at the SCV Aerospace & Defense Coalition (ADC) breakfast Tuesday, and he gave the audience some pointers on becoming a supplier to the company.

Internet Marketing Firm Scorpion to Build Multimillion-Dollar, High-Tech Headquarters in Santa Clarita Valley


VALENCIA, CA, SEPTEMBER 14, 2016: Scorpion, one of the fastest growing website design and Internet marketing firms in North America serving legal, healthcare, franchise, and home service clients, has purchased a site on which to build their new corporate headquarters in the Santa Clarita Valley.

Northrop Grumman Executive Addresses SCV Aerospace & Defense Coalition


On September 13, more than 70 business leaders in the Aerospace cluster attended the SCV Aerospace & Defense Coalition (ADC) Breakfast, which featured as its keynote speaker Kevin Mitchell, Vice President of Global Supply Chain at Northrop Grumman Aerospace Systems.

‘Silicon Suburb’ Takes Shape in Santa Clarita Valley


Silicon Suburb

The San Francisco area has Silicon Valley and Santa Monica has Silicon Beach.

But the burgeoning tech community in the Santa Clarita Valley doesn’t have a catchy nickname.

“Silicon Alley” has been suggested although that name already refers to a section of Manhattan. Tania Mulry, a Santa Clarita-based consultant to startups, likes “Silicon Suburb.”

San Fernando Valley Business Journal Front Page Article Hails Santa Clarita Valley as “Silicon Suburb”


Many people know the Santa Clarita Valley as the suburb for Los Angeles. But today, it is increasingly being called the “Silicon Suburb” according to a front page article in the latest issue of San Fernando Business Journal (September 5 – 18).

Five SCV Companies Ranked Among Inc. Magazine 5000 Fastest Growing Private Companies


Inc. 5000On August 17, Inc. Magazine announced its annual list of 5000 fastest growing private companies, and included in the list are five Santa Clarita Valley-based companies: Scorpion (#1402), KRG Technologies (#1656), AMG & Associates (#2635), Dazadi (#2882) and Landscape Development

SetPoint Signs Lease at Mann Biomedical Park


SetPoint biomedical technology company has signed a long-term lease for more than 14,000 square feet at a research and medical park in Santa Clarita, according to L.A. based-CBRE Group Inc.

Get a Piece of $12B R&D Tax Credit – No Research Lab Required


Each year, more than 12 billion dollars in Research & Development Tax Credits are funneled back to US businesses, and this is for the federal program alone.

Aerospace Firm Moves to Valencia from No. Hollywood; Good Vibe


Aerospace company Air Bolt Group of North Hollywood signed a 10-year lease in March for an 8,500 square foot building on Avenue Crocker in the Valencia Industrial Center. NAI Capital helped broker the deal. Additional terms of the lease were not disclosed. Air Bolt manufactures latches, struts, buts and bolts for commercial aircraft.

Top Commercial Brokers Recognized


The region’s top commercial real estate brokers were honored Thursday by the Santa Clarita Valley Economic Development Corporation.

SCVEDC Wins Two Statewide Economic Development Awards


Statewide Economic DevelopmentCalifornia Association for Local Economic Development (CALED) announced the roster of winners in economic development at its 36th Annual Conference in San Francisco, and the Santa Clarita Valley Economic Development Corporation (SCVEDC) won two awards in two of the three categories.

Turning Jobs into Career Pathways – An Editorial by Holly Schroeder for the Santa Clarita Valley Signal Newspaper


This election year has brought us a paradox. Judging from the unemployment rate, we are almost at full employment in many parts of the nation, including the Santa Clarita Valley.

Printing Technology Solutions Firm Relocates to Santa Clarita from SFV


Image 2000, after growing its print services company into one which harnesses hardware and software technology solutions, is relocating to Santa Clarita from Van Nuysand hopes to be open by May 1. First launched in 1992, the privately owned firm now grosses $30 million annually.

Aerospace in Southern California: Key Takeaways from a New Report


Aerospace in Southern

The Southern California aerospace industry is maintaining its competitiveness, according to a detailed report just released by the Los Angeles Economic Development Corporation in March.

Tribute to Alfred E. Mann, Prolific Inventor and Successful Entrepreneur


Alfred E. Mann, after whom the Mann Biomedical Park in Santa Clarita Valleywas named, died on February 25 at the age of 90. As an inventor, entrepreneur, investor, and philanthropist with a track record of prolific successes, he left a lasting legacy after creating 17 companies over the course of seven decades, amassing a personal fortune valued at more than $2 billion in 2007.

SCVEDC Awards Attraction Incentive to Richard Photo Lab


SCVEDC awarded Richard Photo Lab an Industry Cluster Attraction Incentive (ICAI) of $23,694 today. Richard Photo Lab relocated to the Santa Clarita Valley in 2015. As a company in the Digital Media & Entertainment cluster, the company was eligible for the incentive.

CalCompetes Tax Credit Presents Opportunity for SCV Companies


The Governor’s Office of Business and Economic Development (GO-Biz) announced that it is now accepting applications for the California Competes Tax Credit (CCTC).  Growing companies in the Santa Clarita Valley are encouraged to apply.

CDS Doors Moving to Santa Clarita


CDS Doors, manufacturer of quality cooler and freezer glass doors, is relocating to the SCV after the first of the year. The company has acquired a 50,000 square foot building in Canyon Country on Sierra Highway.

Maybe CA isn’t so bad after all


I hear it every day – CA is a tough place to do business. Some would say the worst. Sometimes I think we just believe the stories and reputation without thinking about it analytically.

Data tells another story, or at least adds more perspective and insight than the oft-quoted soundbite.

Hospital Expands into Facility for Therapy and Physical Fitness


Henry Mayo Newhall Hospital today announced it will debut a new stand-alone Henry Mayo Fitness and Health facility designed to combine physical therapy and rehabilitation programs with a full service fitness center. The hospital has leased the entire 53,515-square-foot former Spectrum Club site, located on Town Center Drive, and expects to open in spring of 2016.

Santa Clarita Ranks #20 Best Cities to Live


The City of Santa Clarita was named America’s 20th best city to live in by the recently released 24/7 Wall St.’s “America's 50 Best Cities to Live.”

Gothic Lanscaping Expands in SCV


Local landscaping company Gothic Landscape has acquired a new building in the Santa Clarita Valley that will become its new Corporate Headquarters.

SCVEDC Hosts Legislative Film Tour


State Assemblymember Scott Wilk and the Santa Clarita Valley

Imagining Potential for Film Growth at Disney's Golden Oak Ranch


Film industry people, studio and movie ranch owners and operators, and members of the Santa Clarita Economic Development Corporation executive committee and board gathered to tour the Disney’s Golden Oak Ranch – the land that Walt Disney first acquired in 1959.

SCV Scores a Win


Last week, the Santa Clarita Valley Economic Development Corporation (SCVEDC) announced that Logix Federal Credit Union will be moving its headquarters to the Santa Clarita Valley.

Movie Ranch Leaders Visit Golden Oak Ranch


Leaders of local movie ranches and studios met Tuesday evening at Golden Oak Ranch in an SCVEDC-organized event designed to promote filming in the Santa Clarita Valley.

Logix Federal Credit Union announces plans to move HQ to SCV


Logix Federal Credit Union — a longtime Burbank fixture with ties stretching back to the area’s aviation heyday — will relocate its headquarters to the Santa Clarita Valley, officials announced today.

The credit union, which has operated in Burbank for 78 years, confirmed its plans in an announcement Tuesday.

“After careful analysis of options that included alternate locations, as well as expansion on the current headquarters site, the Logix board determined the best long-term option is in the Santa Clarita Valley,” said Dave Styler, CEO of Logix, in a statement.

Founded as the Lockheed Aircraft Federal Credit Union in 1937 to serve employees of the aircraft company, the credit union has more than 150,000 members and more than $4 billion in assets, and currently has four branches in the Santa Clarita Valley.

SCVEDC Announces Logix Federal Credit Union Moving HQ to SCV


The Santa Clarita Valley Economic Development Corporation is pleased to announce that Logix Federal Credit Union will be moving its headquarters to the Santa Clarita Valley. Logix has acquired a 12-acre vacant parcel in the Valencia Commerce Center near the junction of Interstate 5 and State Highway 126.

Santa Clarita Remains the Cost-Effective Place to Do Business


With no gross receipts tax or business tax, Santa Clarita remains the cost-effective alternative for businesses in Los Angeles County.

GoBiz announces upcoming CalCompetes Tax Credits


The Governor's office of Business and Economic Development (GO-Biz) has announced the 2015-2016 application periods for the California Competes Tax Credit.

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