Honoring Santa Clarita Valley's Largest Employers
The Santa Clarita Valley is a growing region with significant opportunities for businesses including available, state-of-the-art industrial and commercial buildings in master planned developments. Despite the challenges of the last two years, 2022 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 some remarkable growth this past year.
New to the SCV Largest Employers List but not to our area is Logix Federal Credit Union, which began occupying its new headquarters in late 2021/early 2022. Logix purchased 12 acres in the Valencia Commerce Center and developed an initial 175k square foot headquarters, with the opportunity to expand to 254k SF. They jumped an astonishing 1,248% from last years headcount to a total of 674 employees, and still growing! This further demonstrates how attractive the SCV is due to its pro-business environment and prime location.
The Santa Clarita Valley economic ecosystem is varied and diversified with multiple professional industry sectors – Aerospace & Defense, Medical Devices, Digital Media & Entertainment, Information Technology, Advanced Manufacturing, Corporate & Professional Services. All within a few miles of the West Coasts primary center of trade. This allows the Santa Clarita Valley to not only be resilient but thrive for years to come.
Many companies expanded in 2022, and there was a lot of movement in this years rankings. Lief Labs continues to thrive, gaining recognition on the Inc. 5000's fastest growing private companies list for an 8th year. Leif expanded its footprint in the Santa Clarita Valley recently, achieving 122% growth over the last three years, and an over 50% employee increase during some of the toughest years of uncertainty and expansion risk.
Below are nine more firms with meaningful gains this past year, expanding their companies by more than 25%:
|2022 Employee Total||2021 - 2022 Employee Change||Percent Change|
|Stay Green Inc.||500||100||25%|
|Knowles Precision Devices (formerly Novacap)||241||59||32.4%|
Whether it’s designing cutting-edge technologies or developing life-changing medical devices, filming top-rated television shows or imagining world-class vacations, the Santa Clarita Valley is the ideal location for innovative companies in Southern California. Because the Santa Clarita Valley offers a high quality of life, a variety of tax and incentive programs for both small and large companies, and close proximity to most Southern California business centers, it's no wonder our region has been named Los Angeles County's most business-friendly city time and time again.
Click below to read the list of the SCV Largest Employers.
The Santa Clarita Valley Economic Development Corp. is a unique private/public partnership representing the united effort of regional industry and government leaders. The SCVEDC utilizes an integrated approach to attracting, retaining and expanding a diversity of businesses in the Santa Clarita Valley, especially those in key industry clusters, by offering competitive business services and other resources. For more information, visit SCVEDC.org.