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SCVEDC Honors Power Brokers of 2023 in Commercial Real Estate

Congratulations to the Top 25 Power Brokers!


The Santa Clarita Valley Economic Development Corporation (SCVEDC) invests not just in growing our local businesses but attracting great companies to the region with a focus on industries that provide our residents with high-quality, high-paying jobs.


Bringing businesses to our community takes a combined effort from the SCVEDC and our partners in economic development, and of course, from the dedicated commercial real estate brokers who work tirelessly to get these businesses set up at the right location that works for them. Each year we recognize the top commercial real estate brokers active in the Santa Clarita Valley whose efforts contributed the most economic impact. This years list features many returning faces as well as some new ones!



Nycote Laboratories Expands Its Capabilities and Growth Potential with the Aquisition of a New Santa Clarita Headquarters

Valencia, California – June 13th 2024 – Nycote Laboratories Corporation; a leading provider of advanced coatings solutions, is proud to announce a significant expansion with the purchase of a modern detached industrial building. This strategic move underscores Nycote's commitment to meeting the growing demands of its customers and further solidifies its position as a leader in the aerospace, defense and related high tech industries.

Unlocking Success: Navigating Registered Apprenticeships for Santa Clarita Valley Businesses

Discover how apprenticeships can help businesses grow and thrive.


In the vibrant business landscape of Santa Clarita Valley (SCV), where innovation meets opportunity, investing in talent development isn't just a strategy—it's a necessity for sustainable growth. As local businesses strive to remain competitive in an ever-evolving market, embracing apprenticeship programs emerges as a powerful solution. But what exactly is an apprenticeship, and how can it revolutionize your workforce? Let's delve into the world of registered apprenticeships and explore how they can benefit your business in more ways than one. 


For businesses expanding or new ventures, whether domestic or international, setting roots in the Santa Clarita Valley, apprenticeships present an invaluable resource. As these businesses seek to establish themselves in a new environment, the need for a skilled and adaptable workforce becomes paramount. Apprenticeships offer the perfect solution, providing a structured pathway to train individuals in line with the specific needs and requirements of the business.  


Company Spotlight: Drumming Up Big Business with Remo

Did you know the world's leading manufacturer and developer of drumheads and shells is headquartered right here in the SCV? Also one of the valley's largest employers, Remo moved here from North Hollywood in 1997 and has grown to over 200 employees. Last week the SCVEDC Board of Directors was given a guided tour of their 220,000 SF headquarters, where at full capacity they can make over 10,000 drums a day.

How can the SCVEDC help your business?

The Santa Clarita Valley Economic Development Corporation is your one-stop resource for all your business needs


The Santa Clarita Valley Economic Development Corporation (SCVEDC) plays a pivotal role in fostering business growth and prosperity within the region. Our overarching goals are to support the creation of high-paying jobs for our trained workforce, stimulate economic activity that grows the regional tax base, and strategically position the Santa Clarita Valley (SCV) and its businesses to better compete in the global economy. Through a multifaceted approach, the SCVEDC assists businesses with expansion within the SCV and relocation to the SCV by providing comprehensive support services tailored to their specific needs.

Six Flags Magic Mountain Leads the Charge with California's Largest Solar Energy Project

In a major stride towards a sustainable future, Six Flags Magic Mountain, located in the heart of the Santa Clarita Valley, has embarked on a groundbreaking initiative that not only elevates its status as a premier entertainment destination but also solidifies its commitment to environmental stewardship. Breaking ground on California's largest single-site commercial solar energy project, Six Flags continues to advance their ESG-related initiatives, as well as significant contributions to both the economy and the environment. Environmental, social and governance (ESG) is a framework used to evaluate an organization's business practices and performance on various sustainability and ethical issues. Magic Mountain will be the third solar installation for Six Flags, following Discovery Kingdom in Northern California and Great Adventure in New Jersey. These three sites will rank as the largest volume of onsite Solar PV systems for any U.S. organization.

The Benefits of Apprenticeships for Your Business

Discover how apprenticeships can help businesses grow and thrive.


Santa Clarita Valley (SCV) is home to nearly 300,000 residents and a variety of companies. Thanks to a business-friendly environment, continuous positive economic growth, and local civic leadership that supports ongoing improvements to key infrastructure, our roster of fantastic companies calling the SCV home continues to grow.


Employers across the country are grappling with workforce and recruitment challenges. SCV boasts a highly educated workforce and benefits from access to workforce pipelines in neighboring markets within LA County. In addressing the workforce needs of businesses in SCV, the local community, including academic institutions and economic development organizations, are embracing opportunities for apprenticeships to harness the strength of a vibrant and diverse workforce.


Celebrating SCVEDC Team's Achievements: Dr. Jey Wagner with Team California and Ondre Seltzer with Maple Business Council

The SCVEDC is proud to celebrate the recent achievements of two of its team members: Dr. Jey Wagner (President & CEO) and Ondre Seltzer (VP, Workforce & Economic Development). Dr. Wagner's appointment to the Board of Directors for Team California highlights his dedication to the growth and retention of businesses in the Golden State. With a strong background in Foreign Direct Investment and working closely with international clients, Ondre Seltzer's addition to the Maple Business Council further strengthens the SCVEDC's commitment to fostering global relationships. These appointments reflect the SCVEDC's ongoing efforts to attract and retain businesses in the Santa Clarita Valley, showcasing the team's dedication to driving economic growth and innovation in the region.

2023 SCVEDC Annual Report

After 13 years of collaborative efforts within our community, the work of the Santa Clarita Valley Economic Development Corporation (SCVEDC) continues to be crucial to our region's growth. SCVEDC continues to focus on business assistance, business attraction and retention, community marketing, and information and data. Despite the numerous obstacles of the past few years, there are many bright spots; most notably, the incredible support, innovation, and resiliency of our business community.


Last Tuesday night Dr. Jey Wagner, President & CEO of the Santa Clarita Valley Economic Development Corporation, released the 2023 SCVEDC Annual Report to the City Council. It featured our organization's business attraction and retention, business assistance, economic information & research, and workforce development initiatives. 


Click here for the presentation slides, and read below for more details. To see the presentation to the City Council on SCVTV, click below and skip to 12:00 minutes.


2023 Annual Report          WATCH THE VIDEO

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SCV Minimum Wage Changes (2024 Update)

Minimum Wage Increases for Businesses in Unincorporated LA County and the City of Santa Clarita

Are you confused about the minimum wage increases? You’re not alone! The Santa Clarita Valley is in an especially unique situation in that the City of Santa Clarita and the County of Los Angeles have two different minimum wage increase schedules which has caused confusion and challenges for many of our local employers and residents alike.


The City increases its wages in keeping with the State of California’s schedule (January - December), while the County of Los Angeles has adopted a wage increase schedule based on their fiscal calendar (July - June).

SCVEDC Welcomes New Vice President of Workforce & Economic Development

Over the past few months, there have been some internal staffing changes for long-standing members of the SCVEDC. Our prior Director of Business Assistance for 7 years, Sue Arellano, retired back in May and was replaced by Dr. Jey Wagner. This September also saw our previous President and CEO Holly Schroeder making her own career transition after leading the SCVEDC for over 10 years. With Dr. Wagner taking over the President and CEO role for Holly, we are pleased to announce that veteran economic developer Ondré Seltzer will be taking over Wagner’s prior role as VP of Workforce and Economic Development.


College of the Canyons hosts Grand Opening of New Advanced Technology Center

2023-10-06-ATC Ribbon Cutting001  MFGDAY-MI-Stacked


Manufacturing Day is an annual national celebration to help students discover what modern manufacturing is all about, and for years in Santa Clarita private and public organizations have come together to introduce students first-hand to how manufacturing, engineering, robotics, logistics, and quality control all play a role in shaping our world.


This year's Manufacturing Day in the SCV was certainly an iconic one. It was a day filled with excitement as the College of the Canyons unveiled its brand new Advanced Technology Center (ATC) on Thursday, October 5th. The grand opening was followed by a bustling gathering the next day, where hundreds of students and community members eagerly explored the possibilities of advanced manufacturing technologies and potential career paths.

Santa Clarita Valley's Largest Employers of 2023

Honoring Santa Clarita Valley's Largest Employers



The Santa Clarita Valley is a growing region with significant business opportunities, including available, state-of-the-art industrial and commercial buildings in master-planned developments. Despite the challenges of the last few years, 2023 was a successful year for many companies, and there were several attractions and expansions across our target industry clusters. Through our research for the Economic Outlook Forecast, we compiled the Santa Clarita Valley Largest Employer’s List illustrating marked growth in this past year.

SCVEDC Wins 2 International Awards of Excellence

The SCVEDC is excited to announce that we were recently honored for excellence in economic development by the International Economic Development Council (IEDC) in two distinct categories. For both the Business Retention & Expansion (BRE) Initiatives and Print Brochures categories impacting populations between 200,000 - 500,000 residents, the SCVEDC was recognized for two of last year's projects: The 2022 Business Survey, and the SCV Talent Report.


SCVEDC Releases Logix Workforce Development Case Study

Logix Federal Credit Union provides a shining example of how a cultural commitment to employee training and career development delivers stunning results: improved morale, employee retention, and promotional advancements. In a time where businesses both large and small struggle to retain and attract needed talent, Logix has found that investing in their own employees delivers bottom-line results. Though training programs cost time and money, Logix has tapped into a wealth of financial support through state-subsidized training pathways, available through resources right here in the Santa Clarita Valley.

Logix Workforce Development Case Study

SCV hosts Manufacturing  Collaborative to Strengthen Strategic Partnerships

SCV Celebrates 7 Fastest-Growing Companies in the US (Inc. 5000 List, 2023)

The SCVEDC would like to acknowledge seven local employers: CC Wellness, Lief Labs, Scenario Communications, Selleton Scales, TLK Fusion, Tri Source International, and Vance Wealth, on making it onto this year's list for the fastest-growing companies in the US! 

Jey Wagner Announced as New President & CEO of the SCVEDC

SANTA CLARITA VALLEY, CA – After completion of a nationwide search, the Board of Directors for the Santa Clarita Valley Economic Development Corporation (SCVEDC) announced today the promotion of current Vice President of Workforce & Economic Development, Dr. Jey Wagner, to the role of President & CEO, as successor to Holly Schroeder. To ensure a seamless leadership transition, Schroeder will remain in her position through the organization’s premier event, Economic Outlook, on September 15, 2023. Schroeder is leaving to pursue new career opportunities at a local advanced manufacturer, DrinkPAK.

City of Santa Clarita Introduces “Santa Clarita Spotlight”

A New Shop Local Video Series Showcasing Local Businesses 



The City of Santa Clarita, in partnership with SCVTV, is excited to announce "Santa Clarita Spotlight," a brand-new Shop Local video series dedicated to promoting and celebrating the diverse range of local businesses within the City. The pilot episode of Santa Clarita Spotlight was released on Friday, August 18, on the City’s website at and social media pages.

12 SCVEDC Board Members Recognized in Valley 200 List (2023)

The SCVEDC would like to congratulate everyone who made this years list of most influential leaders in the region, including our own President & CEO - Holly Schroeder. Several members of the Santa Clarita Valley Economic Development Corporation’s Board of Directors have also been named to the San Fernando Valley Business Journal’s Valley 200 list announced on July 31st.


“[The Valley 200 list] is 200 people we consider the most influential in our area - the San Fernando, Conejo, Santa Clarita, Simi and Antelope valleys,” wrote Charles Crumpley, SFVBJ publisher and editor, in the August 1st, 2022 edition of the bi-weekly business publication. “They are the leaders we depend on, the ones whose work – whether at the office or in nonprofits or in other ways –improve our community and make our local economy sturdier. [W]e also tend to select those who are active – in professional, political and community organizations.”

California Competes Tax Credit & Grant Applications: 2023-2024 Fiscal Year

Have you heard about the California Competes Tax Credit (CCTC)? It’s a state income tax credit supporting the growth of high-quality jobs in California, available to businesses who want to come to, stay in, or grow in our state. Through a two-phase process, businesses apply and compete for this credit during three application periods each fiscal year (FY).


Here's how it works: Phase I is an online application process, where businesses submit information on their 5-year growth plans including a comprehensive description of their growth project, projected new hires and wages, projected amount of investment equipment and facilities, and their requested tax credit. A cost-benefit ratio is then calculated, and companies with the most advantageous cost-benefit ratio (and additional factors) move on to Phase II for final agreement negotiation and selection. Phase ll applicants must then be approved by the California Competes Tax Credit Committee.

Avon Rents Moves HQ to Santa Clarita Valley

New Ownership, new location, and a new way of doing business

SANTA CLARITA VALLEY, CA – Avon Rents, a one-stop vehicle rental company serving the greater Los Angeles area for over 40 years, has recently expanded into the Santa Clarita Valley. Avon operates one of the largest independently owned and operated fleet of commercial vehicles in Southern California. While their fleet primarily serves the film industry with production trucks and trailers, Avon also offers a new and improved variety of cargo vans, stake beds and cube trucks for small businesses and individual rentals.


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SCVEDC Welcomes Dr. Jey Wagner to the Team

It's always bittersweet when you lose a coworker so beloved as Sue Arellano. For those who don't know her, Sue was the Director of Business Assistance here at the SCVEDC for over 7 years. Her impact on the businesses and the community in the Santa Clarita Valley during her tenure is impossible to quantify. Whether it was helping with permitting issues, tax credits and business incentives, or assisting with workforce and training solutions, she was always willing to fight alongside our businesses to achieve their goals. Sue has taken the next step in her life and retired after many years of hard work and commitment to our community, and we couldn't be happier for her. 


The trend of workforce shortages and a tight labor market has continued to be at the forefront of issues facing businesses. The Santa Clarita Valley has not been immune to the effects of this. We are however very ideally positioned to tackle this issue, and the SCVEDC has been collaborating extensively with a number of different organizations to find viable solutions for our local employers. Workforce development and training is more crucial than ever for economic developers engaging in business assistance and retention. To that end the EDC is excited to welcome Jey Wagner, Ed.D. as our Vice President of Workforce & Economic Development!


AT2 Aerospace Chooses SCV for Headquarters

Press Release - New aerospace company joins SCV's thriving local cluster


SANTA CLARITA VALLEY, CA – This month Lockheed Martin announced the completed transition of their hybrid airship IP and related assets to a newly formed commercial company, AT2 Aerospace. AT2 is developing airship solutions to support commercial and humanitarian applications around the world. The development of airships is anticipated to provide new freight alternatives for shippers, as well as the
ability to reach remote locations efficiently.


Needham Ranch's Final Wall Tilt Celebrates Further Growth for DrinkPAK

soon to occupy 965,000 square-feet across 6 buildings at Needham Ranch


When they started out, DrinkPAK was just a small start up in search of a new location in Southern California. Their principals had a long and successful track record  creating beverage brands, then selling these brands along with their manufacturing facilities to world-class companies such as PepsiCo and Keurig Dr. Pepper. For their first dedicated contract manufacturing facility they ultimately chose the Center at Needham Ranch (CANR) as the optimal location for their project.  Their plans called for a state-of-the-art, 3-line beverage contract manufacturing, packaging, and fulfillment center. 


CoC Launches Certified Logistics Training Program

The SCVEDC is committed to spurring workforce training and development to empower our local labor force and help our businesses thrive. A big part of that commitment is our  close partnership with College of the Canyons and their continued efforts to provide high quality training based on current industry needs.



Addressing Skill Gaps in the Labor Force

Where are all the workers with the relevant job skills my company needs? Most have heard or experienced this sentiment for years now, and it was only exacerbated by the labor challenges from the pandemic. The economic impact of shifting technology and skill requirements across almost all workforce areas continues to be a concern. There are simply more jobs available than there are workers with the requisite skills.


So how do we fix it? There are short term solutions to this problem, such as offering higher pay for retention or increasing flexibility in the hiring process. High schools and colleges however are investing in comprehensive career pathways to provide real-world career experience to bridge this skill gap.

SCV By The Numbers: Labor Force and Employment

Providing vital data and information is just one of the important services and resources that the SCVEDC provides to local businesses. Most prominent of these resources comes from our resident economist, Dr. Mark Schniepp. Every quarter Dr. Schniepp and the SCVEDC publish an Economic Snapshot that updates data on labor force and employment, residential and commercial real estate, hotel vacancy rates, and film activity.


In his Q4 Snapshot for 2022, Dr. Schniepp summarized the labor force and employment trends as mainly positive, but still having areas for improvement. The job creation trend was consistent throughout 2022 and our region created 5,200 jobs in 2022, the most in any year since 2004. 

Take a Virtual Tour of the Santa Clarita Valley

Did you know the SCVEDC has an interactive, online tool that provides themed virtual tours of the amazing features our community has to offer? Engage with different media, maps and data, and really get to know the various aspects of the Santa Clarita Valley that make it such a great place to live, work, and play! We'll be adding new customized tours periodically, so keep an eye on our social media, website, and newsletters for updates.



SCVEDC Announces Vallarta Supermarkets Move of Corporate HQ to Santa Clarita

Welcome Vallarta and it's corporate employees to the Santa Clarita Valley!


SANTA CLARITA VALLEY, CA – The Santa Clarita Valley Economic Development Corporation (SCVEDC) announced today that California-based Vallarta Supermarkets will relocate its corporate headquarters to the Santa Clarita Valley (SCV) in late 2023. Vallarta Supermarkets has purchased a three-building campus at 28470 - 28490 Avenue Stanford in Santa Clarita. The three buildings that make up the "Valencia Corporate Plaza” encompass 195,387 square-feet of office space. This campus is bordered by Advanced Bionics (HQ), Donaldson, Southern California Edison, and several other small businesses and manufacturers in the Valencia Industrial Center.


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