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SCVEDC Blog

Summerís last hurrah before itís back to school in the Santa Clarita Valley

Posted Jul. 26, 2017

As August approaches, you can hear the sighs of relief from parents as summer vacation draws to a close and school gets back in session.  Here’s a summary of those all-important first day of school dates for Santa Clarita...

Five California Business Incentives You Need to Know Now!

Posted Jul. 24, 2017

California has so much to offer – from the beach to the mountains, deserts to farm fields, and a vast array of industries, there’s something for everyone to love. And in the area of business incentives, there are so many opportunities to take advantage of – here are just a few to explore!

Why Newhall Ranch is Good for the SCV

Posted Jul. 19, 2017

Yesterday, the LA County Board of Supervisors re-approved the the first two communities of Newhall Ranch, Mission Village and Landmark Village. This marks a major accomplishment for the project, and creates tremendous economic development opportunities for the Santa Clarita Valley (SCV). This project will be an economic engine for the SCV and is good news for all concerned.

J.E.M. F/X Commits to Santa Clarita with Expansion to New Facility

Posted Jul. 19, 2017

J.E.M. F/X, a member of Santa Clarita’s strong and rapidly growing Digital Media and Entertainment Cluster, is expanding to a new facility. This innovative technology firm creates highly sophisticated special effects and pyrotechnics, utilizing AutoCAD and 3D rendering software.

UK-Based Aerospace Group Announces Expansion to SCV

Posted Jul. 17, 2017

Nasmyth Group, a world leader and global supplier of precision engineering solutions in the aerospace industry based in the United Kingdom, announced the opening of a new facility in the Santa Clarita Valley (SCV).  The SCV is home to the Aerospace and Defense Coalition, which is approximately 80 companies strong. This new facility will significantly expand their footprint and ability to deliver metal surface treatments to aerospace and defense clients in SCV and the United States.

California Competes Tax Credit

Posted Jul. 14, 2017

Did you know about the California Competes Tax Credit?  It’s an income tax credit available to businesses who want to come to, stay in, or grow in California.  Through a two-phase process, businesses apply and compete for this credit during three application periods each year. It’s just one of the many business services the Santa Clarita Valley Economic Development Corporation (SCVEDC) supports in the Santa Clarita Valley.  Another great reason to explore relocating to the SCV. 

SCV is a HOT location for business!

Posted Jul. 12, 2017

So far, 2017 has been a hot year for business in the Santa Clarita Valley (SCV)! The construction and completion of new industrial and commercial spaces such as IAC Commerce Center and Gateway V have provided relief to a very tight industrial real estate market, and word is getting out about the SCV’s business-friendly climate.

Five Facility Facts that Impact Your Bottom Line

Posted Jul. 06, 2017

Everyone is focused on improving profitability, whether by increasing sales or decreasing costs (or both!) But when looking for opportunities to improve the bottom line, businesses often neglect to evaluate the impact of their facilities.  Here are five ways that your facilities can impact your bottom line:

Beat the Heat in Santa Clarita

Posted Jun. 26, 2017

As temperatures continue to rise with no break in site, Santa Clarita offers many options for escaping the heat – you’re sure to find a way to cool down that interests you! 

 

Select LA Investment Summit 2017

Posted Jun. 21, 2017

On June 15th, The World Trade Center LA (WTCLA) hosted 350 attendees to the third annual Select LA Investment Summit. The event is focused on attracting Foreign Direct Investment (FDI) to the region – delivering job creation and economic opportunity to the Los Angeles area.  Select LA Investment Summit showcased growing industries in Los Angeles (LA) County, including bioscience, aerospace, digital media and entertainment, tech, real estate and advanced transportation, to help inform investor choices regarding projects and investment opportunities.

Americaís Job Center of California - a great resource for local companies and job seekers

Posted Jun. 16, 2017

SCVEDC knows that finding skilled workers is one of the toughest challenges facing businesses in today’s tight labor market. That’s why training and apprenticeship programs are so important. Companies are growing their own talent, but are tapping into resources such as community colleges and the workforce development boards that are part of the public workforce system. In the past year, new apprenticeship programs for the aerospace and logistics industries are helping employees advance their skills quickly.

Airbolt Industries - Home in the Santa Clarita Valley

Posted Jun. 13, 2017

One of the key industry clusters in the Santa Clarita Valley is Advanced Manufacturing, with businesses involved in the production of high-value added, technical, or capital-intensive goods requiring advanced inputs and manufacturing processes choosing the SCV.  Airbolt Industries Inc. is one of the businesses making a home in the SCV – and this is their story.

Life Science in the Santa Clarita Valley

Posted Jun. 07, 2017

“California’s life science industry is a critical economic engine, providing well-paying jobs and contributing significantly to the state gross product,” said Joe Panetta, president and CEO of Biocom, the association representing the California life science industry. “Geographically, we have strength in life sciences across the state, but we also are home to several distinct regions of robust economic activity — each with a unique set of needs that must be addressed for the industry to continue making such major contributions.”

Upcoming events in the Santa Clarita Valley - June

Posted May. 24, 2017

A key component of Santa Clarita’s great lifestyle are the various ongoing events in the community.  These events welcome both children and adults, and include a wide cross-section of interests – helping make the Santa Clarita Valley a good location for business by providing the desired lifestyle options to their personnel.

ExporTech Workshop for LA County Businesses - New Session Announced!

Posted May. 22, 2017

Are you ready to expand your business through exporting? Exporting gives you access to new customers, expanding sales, and increased profits! ExporTech is the only national program that helps individual companies develop an export plan. They are offering workshop sessions for LA County beginning June 20.

Aerospace and Defense Industry in the Santa Clarita Valley

Posted May. 17, 2017

The Aerospace and Defense industry is one of the key industry clusters in the Santa Clarita Valley (SCV), involving organizations focusing on aerospace product and parts manufacturing, space research and technology and national security and international affairs. It’s supported by an Industry Coalition made up of a strong network of SCV businesses that meet quarterly. As noted by Holly Schroeder, CEO and President of the Santa Clarita Economic Development Corporation (SCVEDC) during a recent interview with elite Magazine, “The ‘clustering’ of businesses can enhance the competitive advantage of a region by fueling competition in the local economy, which often leads to quality job creation.1” And that attracts more great talent – yet another reason for businesses to choose to locate in the SCV.

Pharmavite Makes Long Term Commitment to Santa Clarita

Posted May. 16, 2017

Pharmavite LLC, the leading manufacturer of dietary supplements for more than 45 years, has renewed its commitment to the Santa Clarita Valley by entering into two new leases!  To support the operations of its growing Nature Made® brand of vitamins and mineral supplements, the company has signed a new long-term lease for a 229,000 square feet distribution and warehouse facility in the Valencia Commerce Center.  It also deepened its roots in the Santa Clarita Valley by renewing the lease for its existing packaging facility located on Witherspoon Pkwy.  Both leases run through 2030.

Interest in SCV Climbs as New Development Projects Near Completion

Posted May. 10, 2017

As the occupancy rate in Los Angeles and the San Fernando Valley reaches capacity, the search for industrial space can become a challenge.  Have you checked out the Santa Clarita Valley?  The Santa Clarita Valley (SCV) features nearly 30M SF of industrial and commercial facilities today, with approximately 8M SF of future land development already approved. The SCV is a terrific option for if you’re considering business relocation in Los Angeles or the San Fernando Valley. 

The Santa Clarita Valley Economic Development Corporation

Posted May. 03, 2017

The Santa Clarita Valley Economic Development Corporation (SCVEDC) is a unique private/public partnership that represents the united efforts of regional industry and government leaders in executing an integrated approach to attracting, retaining, and expanding a diversity of businesses in the Santa Clarita Valley, particularly those in key industry clusters.

Upcoming events in Santa Clarita - May

Posted Apr. 28, 2017

A key component of Santa Clarita’s great lifestyle are the various ongoing events in the community.  These events welcome both children and adults, and include a wide cross-section of interests – helping make the Santa Clarita Valley a good location for business by providing the desired lifestyle options to their personnel.

Foreign Trade Zones Provide Major Benefits for Santa Clarita Companies

Posted Apr. 24, 2017

As supply chains globalize, Foreign Trade Zones (FTZs) can provide major benefits for a company that manufactures and imports their product into the Port of Los Angeles, or for any company near a port operation. 

LA Metro Commuting Incentive -- Easing the commuter burden from Antelope Valley to SCV

Posted Apr. 18, 2017

Conservative estimates suggest that upwards of 8,000 people commute from the Antelope Valley (AV) to the Santa Clarita Valley each day, whether for work or to attend College of the Canyons. However, there is no direct bus line that services these individuals to their workplace. In a recent survey conducted by the Santa Clarita Valley Economic Development Corporation (SCVEDC), 55% of these commuters are making the drive alone, which is both costly and adds to traffic congestion.

The SCV Life Style: Health and Well-Being

Posted Apr. 12, 2017

A key factor in attracting the talent a company needs to achieve its goals is, as they say, location, location, location.  The Santa Clarita Valley (SCV) delivers on this requirement, allowing its businesses to attract and retain the key personnel they need, making it a good location for business.  The SCV delivers options for a great lifestyle, particularly in health and safety.

fDi Magazine named Santa Clarita a Small American City of the Future

Posted Apr. 10, 2017

fDi Magazine announced that Santa Clarita was named 4th in Foreign Direct Investment strategy among small cities in their American Cities of the Future Awards. Santa Clarita is well positioned for future growth and is attractive to foreign investors due to its economic stability and business-friendly community. Santa Clarita is a good place for foreign investors seeking long-term security and growth.

Tech Industry Thrives in the SCV

Posted Apr. 05, 2017

Adding to the vast range of business services already provided by the Santa Clarita Valley Economic Development Corporation (SCVEDC) are our efforts to establish the Santa Clarita Valley (SCV) as a thriving and expanding technology innovation hub.

Upcoming events in the Santa Clarita Valley - April

Posted Mar. 29, 2017

A key component of Santa Clarita’s great lifestyle are the various ongoing events in the community.  These events welcome both children and adults, and include a wide cross-section of interests – helping make the Santa Clarita Valley a good location for business by providing the desired lifestyle options to their personnel.

SCV Internships

Posted Mar. 29, 2017

Recruiting great talent gets more challenging every day.  As noted recently by Bisnow, “Today’s young talent is much more concerned with a city’s lifestyle offerings than its job market. This shift in priorities has forced companies to follow the talent, investing millions in office development and expansion in the country’s leading and secondary markets — a trend that is growing in prevalence as the labor market tightens and young talent becomes more scarce."

SCVEDC Wins CALED Award for Business Assistance Program

Posted Mar. 23, 2017

The California Association for Local Economic Development (CALED), a state-wide, California professional economic development organization, announced the winners of their CALED Awards at their annual conference on March 22nd. The Santa Clarita Valley Economic Development Corporation (SCVEDC) is pleased to win an award of merit for our Business Assistance Visitation Program for 2016-2017, following an Award of Merit for our 40 for 40 incentive program for the 2015-2016 year.

Power Broker Breakfast

Posted Mar. 15, 2017

On March 10, commercial brokers and developers active in the Santa Clarita Valley community joined civic leaders and community representatives for a breakfast to celebrate the 24 Power Brokers for the year of 2016, as ranked by the Santa Clarita Valley Economic Development Corporation (SCVEDC). The award ceremony was held at the Dr. Dianne Van Hook University Center on the campus of the College of the Canyons, and was the fourth occurrence of the SCVEDC’s annual event.

SCVEDC 2016 Annual Report

Posted Mar. 08, 2017

2016 was another great year for the Santa Clarita Valley Economic Development Corporation (SCVEDC) and as a result, for the Santa Clarita Valley (SCV). With its focus on developing business in the SCV, the SCVEDC delivered again in 2016.  Here are some of the highlights from the 2016 SCVEDC Annual Report!