The IoT in Aerospace and Defense
With the massive amount of data processing and storage required for the daily operations of Aerospace and Defense companies, automation has become not just a novelty, but a necessity. As we’ve discussed before, the Internet of Things (IoT) has drastically altered the way many manufacturing companies operate by streamlining production and increasing data collection and analysis.
The IoT in Aerospace and Defense
Live, Work, Play: The Ideal Lifestyle for Your Business
Everyone wants a better work environment. We’ve told you before how millennials in particular are demanding it. And workers who are happy are certainly more productive. But there comes a point where achieving a better work environment has to cross beyond the office threshold into the community at large. The lifestyle of the community your business is in can have a big impact on what happens during work hours.
SCV Startup Weekend is Just Around the Corner
Startup Weekend SCV on November 2-4 is a unique opportunity for developers, designers, and business people to team up and build a startup in just 54 hours! This event that happens all over the world can help you get from zero to a new company by Sunday night! In cooperation with Google for Entrepreneurs, this is SCV’s own Shark Tank, but much more friendly and supportive in a learning-first environment.
Crissair Honored by Lockheed Martin
Santa Clarita Valley-based Crissair was recognized today by Lockheed Martin as one of their elite suppliers for the F-35 jet. This prestigious honor is given to fewer than 1% of suppliers.
Evolution Through Innovation
It’s almost impossible to imagine how businesses operated 10, 20, 30+ years ago without any of the everyday technology we’ve become accustomed to. Imagine the manufacturing industry without automation and computers. The same process that currently takes a few hours probably took a couple days.
The Making of a Race Car – Innovations in Manufacturing
At first glance, the modern race car doesn’t appear to have undergone many changes over the past couple decades, other than perhaps a fancier paint job and different sponsors plastered across the body. But take a step further into the world of race car manufacturing, and it’s clear that not only is the technology advancing, it’s setting some of the trends.
Magic Kingdom – Filming "A Wrinkle in Time" in SCV
If you're one of the 10 million people who bought a ticket to see "A Wrinkle in Time" earlier this year, you probably gaped in awe at some of the fantastic and colorful settings.
Yes, some of them were computer generated – that's par for the course on a big-budget blockbuster these days – but some scenes were shot on location (courtesy of Santa Clarita Studios) right here in Santa Clarita Valley!
Kind of a Big Deal – 2017 Transaction of the Year
Last week we talked about power brokers and the major impact they have on the communities they work with.
Today we honored our area's power brokers where we revealed the transaction that had the biggest, most positive impact on commercial real estate in our region in 2017 – our “Transaction of the Year”.
Making Big Deals Happen – The Top 5 Qualities of a Power Broker
In the world of commercial real estate, there are those who broker, and those who broker.
Here at SCVEDC, we’re invested not just in growing our community, but how it grows. What types businesses are setting up shop in our area, and what kind of jobs are they bringing? We love to fight for the good jobs, the high-paying kind that provide major opportunity right in our own backyard.
Wake Up and Smell the Tax Revenue (3 Reasons Why Economic Development Matters)
How often do you think about your community’s economic development? Never, you say? Or maybe just when that alluring new business opens up shop?
We get it. It’s the job of economic development organizations to think about this all the time so you don’t have to!
But how your community’s economy develops is worth your attention every now and again. As we’ve mentioned before, growth is easy – smart growth, however, takes forward thinking and collaboration.
The Stress Isn’t Worth It! 10 Benefits of Living Close to Work
Think about how long your workday is. If you’re counting the hours from the minute you sit down at your desk, you’re doing it wrong.
Your workday really starts the second you leave your home, and lasts until you’re back through your front door. Yes, you may only spend eight or nine hours in the office, but once you factor in the commute, what’s the grand total?
Working in Santa Clarita: Big Names, Big Jobs
When it’s time to take your career to the next level, there’s a misconception that you’ve got to start by packing your bags.
After all, if you want to make it big in business, you’ve got to move to a big, hustle-and-bustle city like New York City or Chicago or Los Angeles, right? Or else live nearby and waste hours of your life commuting back and forth to work.
SCVEDC Annual Report
The Santa Clarita Valley Economic Development Corporation (SCVEDC) continues its mission of strengthening companies and unifying our region’s approach to economic development. 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.
Job Creation in the New Economy
Quick -- when you think of companies that drive the engine of our economy forward, which come to mind? Apple? Google?
Like we’ve said before, it may feel like big companies are behind the wheel, but small and medium-sized companies are pulling more than their weight when it comes to hiring and growing the economy, and they have been for some time.
Kaiser Permanente's New, State-of-the-Art Medical Building Slated to Open in Early 2018
Last week Kaiser Permanente gave community leaders the opportunity to preview their new facility, Santa Clarita Medical Offices 2. Slated to open to the public in early 2018, this new, innovative medical office building will help meet the needs of our growing population.
Manufacturing Jobs Aren’t Dying – They’re Evolving
You know the scene: A conveyer belt laced with bits of metal and plastic hums along, past a line of burly men in grease-stained white coats and yellow hats, each of them assembling a small bit of the whole. At the end of the line, off rolls a shiny new car, ready for a test drive.
Santa Clarita Valley – A Great Location for Business
The Santa Clarita Valley is booming! The economic growth observed in recent years is expected to continue. Santa Clarita is a cost-effective and easier alternative to other business centers in Los Angeles County. There are many factors that make the Santa Clarita Valley (SCV) a great place to do business.
Five Growing Industry Clusters in the Santa Clarita Valley
Geographic concentrations of interconnected businesses, suppliers, service providers and associated institutions in a particular industry are often referred to as an industry cluster. According to a study by Harvard University, when companies from the same industry are clustered together within an environment, it results in higher employment growth as well as higher wage growth. Additionally, the presence of strong clusters creates growth in other, unrelated industries, as well as the emergence of new industries. Strong industry clusters are an engine of economic growth in the region.
Why Newhall Ranch is Good for the SCV
Yesterday, the LA County Board of Supervisors re-approved 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.
SCV is a HOT location for business!
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.
LA Metro Commuting Incentive -- Easing the commuter burden from Antelope Valley to SCV
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.
November is a time to give thanks and a time for reflection as we approach the year’s end. I find myself reflecting on, among other things, my appreciation for our local economy.
I recently penned a column in the Santa Clarita Valley Business Journal suggesting that the key to our economic future is the fact that the SCV is slated to grow substantially in the next several decades. Last Thursday, FivePoint Communities announced a new vision for Newhall Ranch that can transform that idea into reality.
I recently penned a column in the Santa Clarita Valley Business Journal suggesting the fact that the SCV is slated to grow substantially in the next several decades is a key to our economic future.
On Thursday, FivePoint Communities announced a new vision for Newhall Ranch that can transform that idea into reality.
Since the Santa Clarita Valley Economic Development Corporation was formed more than six years ago, it has helped bring thousands of new jobs to the Santa Clarita Valley. We help recruit companies to the SCV, especially companies seeking a more business friendly environment who are at risk of moving out of state. We also help local companies solve problems and access incentives like workforce training programs and tax credits. Job growth in the Santa Clarita Valley outpaces statewide job growth, and in recent years has outpaced residential construction, creating a jobs-to-housing ratio that is now nearly balanced. With new industrial construction underway, we have the opportunity to locate even more jobs here in the next several years.
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.
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.
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.
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.