Category Archives: Local News
New Hiring Tax Credit Proposal for the City of Los Angeles
Via Bruce Dobb’s “Government Money for Small Biz” blog, the City of Los Angeles is considering a new credit against City business taxes for hiring new employees: Citing Los Angeles’ higher than the national average unemployment rate and the necessity for tax relief for businesses/employers during the current recession, City Council President Eric Garcetti introduced [...]
Los Angeles Enterprise Zone Gets Two Big Deals
Mayor Villaraigosa’s office has published two press releases in the last week touting major successes for job growth in the Enterprise Zone. In the first case, the City secured a significant new retail development for downtown: “Today’s signing of the largest retail lease in downtown in two decades represents a crucial milestone in our urban [...]
Enterprise Zone Attracts Green Tech to West Sacramento
Mounting Systems, a solar panel manufacturing company from Germany, has chosen West Sacramento over Phoenix for the location of their US headquarters. From the article in the Sacramento Bee: The factory will be located in an enterprise zone, providing the company with tax breaks on equipment purchases and hiring, said Tracey Schaal, vice president for [...]
Coachella Valley EZ Manager Has High Hopes
In an interview with The Desert Sun, Mark Weber, the manager of the Coachella Valley Enterprise Zone, details his support for the Enterprise Zone program, and what it has meant to the area. Interview from The Desert Sun: Mark Weber became manager of the Coachella Valley Enterprise Zone Authority in July. Previously, Weber served for [...]
Enterprise Zones Factor into Local Elections
The candidates in the political race in Salinas mention the positive affect the Enterprise Zone program can bring to the city and to the state. In an article by Griselda D. Ramirez, the Soledad Council candidates call for a more prosperous and thriving city. All candidates call for more jobs and community growth, but one [...]
Salinas Valley Proposes Enterprise Zone Expansion
The City of Salinas approved a proposal to expand the Salinas Valley Enterprise Zone to include Castroville Industrial Park. In an article from The Californian, “The expansion, if approved by the state, would affect about 70 businesses already located in the industrial park, as well as new ones.” The article also notes that the addition [...]
Enterprise Zone Lures Jobs from Nevada and China
From the Imperial Valley Press: CALEXICO — The green technology company Innertech Inc. is planning to break ground in about 60 days, creating hundreds of jobs for Imperial Valley residents, a company official said. An energy-efficiency technology manufacturer, Innertech will generate roughly 600 long-term manufacturing, assembly, distribution and training jobs in the first year, Innertech [...]
400 New Jobs for L.A. Enterprise Zone
Mayor Villaraigosa has scored a big win with the addition of a new manufacturing facility for Mission Foods Tortillas in Panorama City. The office of the Los Angeles Mayor issued the following news release: Mayor Villaraigosa and Mission Foods(R) — owned by one of the world’s leading tortilla and corn masa flour producers — today [...]
L.A. Mayor Wants More EZ Expansions
According to the San Fernando Business Journal, Mayor Villaraigosa wants to pursue further expansions of Los Angeles’ Enterprise Zones as a feature of his business agenda: Los Angeles Mayor Antonio Villaraigosa told members of the business community at the United Chambers of Commerce of the San Fernando Valley and Region’s honorary luncheon that he will [...]
Merced EZ Expands
HCD has approved an expansion for the Merced County Enterprise Zone. The press release reads: MERCED – The California State Department of Housing and Community Develop-ment (HCD) has approved the expansion request of the Merced Regional Enterprise Zone (MREZ) by an additional 1,877 acres. MREZ is now comprised of 44,608 acres within the County of [...]
Compton Selling Enterprise Zone in China
From the Long Beach Press-Telegram: LONG BEACH – “Location, location, location.” That’s what city leaders from Compton were selling during a recent trade mission to China. And apparently the Chinese were buying, as it was announced Thursday at a briefing before civic and business leaders that Compton was on the verge of closing two deals, [...]
Enterprise Zone Luring Jobs in Los Angeles
According to the Los Angeles Business Journal, Mayor Villaraigosa and the City of L.A. have used the recent expansion of the Enterprise Zone in the West Valley to get a major investment from Costco: Costco Wholesale Corp. will open a store in Warner Center that will create 300 permanent jobs, Los Angeles city officials announced [...]
Live in Santa Clarita
The Santa Clarita Enterprise Zone will be hosting an information seminar about the EZ program and benefits on Wednesday morning, August 25th from 9:00 to 10:00 at City Hall, 23920 Valencia Blvd., Santa Clarita, CA 91355. Free breakfast will be provided, and yours truly will be one of the speakers. Click here for the event [...]
Appeal-Democrat: “Enterprise zones under budget, legislative axes”
Here is an article on SB 974 and the Enterprise Zones in the context of the budget from the Yuba County area Appeal-Democrat: A popular program is under attack on two fronts in Sacramento, both as a potential place to cut the state’s overdue 2010-11 budget and from legislation to change how it works. Those [...]
Los Angeles Struggling to be Business Friendly
Austin Beutner, the first deputy mayor of the city of Los Angeles, and the Mayor’s “Jobs Czar,” published an editorial in the Los Angeles Daily News. In it he lists a variety of areas in which Los Angeles is attempting to be more welcoming and accommodating of businesses. The recent Enterprise Zone expansions is one [...]
