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SCVEDC Blog

SCV's Growth is its Future

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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.

Logix Broke Ground on its New Headquarters in Santa Clarita Valley

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As Dave Styler, President and CEO of Logix, remarked in his opening introduction, October 26, 2016 was a momentous day in the history of Logix Federal Credit Union – it marked the beginning of a transitional period that will see the largest credit union in Los Angeles County move from its current Burbank location to a brand new modern building in the Santa Clarita Valley.

A Tale of Two Taxes

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The Board of Directors of the Santa Clarita Valley Economic Development Corporation recently evaluated two LA County ballot measures that impose new taxes: Measure M, which adds a half-cent to the current sales tax for transportation improvements, and Measure A

Remo – Drumming Up a Big Business

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Remo Drums Santa Clarita ValleyDid you know that the Santa Clarita Valley is home to the world’s largest drum head company? In fact, for 50 years, it has lead the way in synthetic drum head and shell development to enhance and expand the possibilities of percussion.

Northrop Grumman exec offers tips to potential suppliers

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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

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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

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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

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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”

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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State Assemblymember Scott Wilk and the Santa Clarita Valley

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

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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

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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

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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.

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