After 10 years With the SCV Economic Development Corporation

by | Aug 17, 2023 | Business

I am moving on to pursue new career opportunities. It has been a great pleasure over these past few years to provide readers of élite Magazine with information about the Santa Clarita Valley economy, new companies coming to town, and opportunities for residents to work locally. Economic development is of vital importance to the Santa Clarita Valley: we can’t leave our future economy to chance. The Santa Clarita Valley Economic Development Corporation was created as a public-private partnership for just that reason – to put definitive, deliberate effort towards creating a resilient economy. That strong economy will help us maintain the quality of life we hold so dear long into the future.
SCVEDC focuses on attracting companies with high-paying, career path jobs in industries such as entertainment, aerospace, technology, advanced manufacturing, and biotech. I’m pleased that during my tenure at SCVEDC, companies in each of these sectors have joined the SCV business community. Notable additions include the headquarters of Logix Federal Credit Union and Vallarta Supermarkets, Crissair, Avita Medical, Elite Media Technologies, DrinkPAK, and so many more.
These companies are critical members of the SCV economy, not to mention the broader US economy, as these are national if not global companies. I encourage SCV residents to continue to learn about the companies in their hometown. SCVEDC provides resources for this through its podcast, SCV Means Business. Residents might also consider working for these companies, which might reduce their commute, not to mention their stress. SCVEDC offers a SCV-focused job board, www.LiveWorkSCV.com.
The prospects for SCV’s economy remain strong. While we are of course subject to macroeconomic forces, SCV has local dynamics that bode well for it. Homebuilding will continue to drive economic growth, not to mention needed housing supply. While industrial building supply is currently limited, new industrial buildings are in the pipeline, with the first new inventory arriving in early 2024. This affords us the opportunity to bring more great companies to SCV. SCVEDC’s Economic Outlook conference, held on September 15, 2023, issues a comprehensive economic forecast that is unique to SCV, with details on our local employment, real estate, demographic, and new development dynamics.
SCV residents should be proud of the intentional work being done to secure SCV’s economic future. It has been an honor to serve the community I live in. I leave knowing that the organization, and SCV, have great opportunities ahead. 

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