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SCVEDC Blog

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!

Santa Clarita Named a Best City to Start a Family

Posted Mar. 01, 2017

Santa Clarita was recently named 27th out of 350 Best Places to Start a Family by LendEDU, and 5th in California. Their unique scoring system ranked cities by the quality of public education, cost of first home, crime and safety rates, and percentage of young families. This honor is added to a long list of accolades the city has received, including Best Places to Live in California, Best Places to Retire, and Most Business-Friendly City in Los Angeles County.

Upcoming Events in the Santa Clarita Valley - March

Posted Feb. 22, 2017

A key component of Santa Clarita’s great lifestyle are the various ongoing events in the community.  These events are for 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.

Walls Up at IAC Commerce Center!

Posted Feb. 16, 2017

IAC Commerce Center held their Wall Tilting ceremony this week after delays due to excessive rain. This contemporary, state-of-the-art industrial development is located adjacent to the Valencia Commerce Center, one mile northwest of the Interstate 5 and Highway 126 interchange.

Santa Clarita kicks off the 2017-2018 Budget Process

Posted Feb. 15, 2017

The City of Santa Clarita began its budgetary process this week for the upcoming fiscal year beginning in July. Santa Clarita has maintained a record of excellent financial stewardship over the years, which benefits both businesses and residents alike.

Santa Clarita is ready for its close-up!

Posted Feb. 02, 2017

Did you know that the Santa Clarita Valley (SCV) has long been known as Hollywood’s backlot? Thanks to its close proximity to Hollywood and Los Angeles, its scenic backdrops, and filming incentive programs from the City, entertainment in the SCV has a long and storied history! All this vibrant television and film location filming added $33 million into the Santa Clarita economy last year. It’s the fourth consecutive year that the estimated economic impact generated from location filming has topped $30 million. 

What does SB-3 mean for the Santa Clarita Valley

Posted Jan. 26, 2017

In April 2016, the California Legislature passed SB 3, which will eventually raise the state’s minimum wage to $15 per hour between 2017 and 2023.  The bill sets two minimum wage rates, depending on whether an employer has 26 or more employees, or 25 or fewer employees.  The increases are delayed for one year for employers of 25 or fewer employees.

2017 - Full Steam Ahead

Posted Jan. 18, 2017

2016 was an exceptional year for the economy of the Santa Clarita Valley, and 2017 promises more positive growth on the horizon. As we look ahead to new developments, expansions, and entertainment offerings, we are excited to see the Santa Clarita Valley continue to flourish and grow.  These new additions and expansions support the SCV as a good location for business.  

SCVEDC awards Scorpion the SCV Industry Cluster Attraction Incentive!

Posted Jan. 10, 2017

Last week, the Santa Clarita Valley Economic Development Corporation (SCVEDC) awarded its Industry Cluster Attraction Incentive to Scorpion, a leading Information Technology company in the Santa Clarita Valley. Scorpion is constructing a new Headquarters in the Santa Clarita Valley, with construction set to be completed later this year. The incentive reimburses Scorpion for permit fees incurred during the permitting process of up to $40,000, and is just one of the many SCV business services and resources provided by the SCVEDC.

The 2017 Santa Clarita Economic Outlook Conference

Posted Jan. 04, 2017

Each year, the Santa Clarita Valley Economic Development Corporation (SCVEDC) and College of the Canyons (COC) host the Spring release of the Santa Clarita Economic Outlook Forecast at the Santa Clarita Economic Outlook Conference.  Mark Schniepp, Director of the California Economic Forecast, and Mark Vitner, Managing Director, Senior Economist at Wells Fargo, this year’s featured economists, will provide an in-depth forecast of our national and local economies, as well as discuss global megatrends.

California Competes Tax Credit

Posted Dec. 22, 2016

Did you know about the California Competes Tax Credit?  It’s an income tax credit available to businesses who want to come, stay 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. 

2016: A Year of Expanding Opportunities in Santa Clarita

Posted Dec. 15, 2016

As I reflect on 2016, the word that best sums up the year is Expansion! In so many significant ways, the Santa Clarita Valley (SCV) and the Santa Clarita Valley Economic Development Corporation (SCVEDC) have experienced exciting levels of expansion this year.

California Apprenticeship Initiative Grant awarded to College of the Canyons

Posted Dec. 07, 2016

College of the Canyons has been awarded the California Apprenticeship Initiative Grant for the upcoming year. This award of $260,000 will provide Related Supplemental Instruction for 13 apprentices at AMS Fulfillment, a Santa Clarita-based fulfillment and distribution center. The SCVEDC works closely with College of the Canyons to support business services such as this to the Santa Clarita Valley.

Scorpion Breaks Ground on New Headquarters

Posted Nov. 30, 2016

Scorpion, one of the fastest growing website design and Internet marketing firms in North America serving legal, healthcare, franchise, and home service clients, broke ground today on their new corporate headquarters in the Santa Clarita Valley. Scorpion’s new headquarters will be the first creative office building of its kind in the area and will prominently feature an environmentally conscious, employee-centric design.