Archive By Section - Local Business
Best quotes in business for 2012
Real estate "Our market is thirsty for inventory, and while we don't need a flood of inventory, we need a little more to keep it stable and homebuyers' hopes up." - Cherrie Brown, Keller Williams VIP Properties in January 2012 Editor's Note: The real estate market recovered so quickly in 2012 that inventory of existing homes for sale nearly disappeared by the end of the year. In February there was a 4.5-month supply - a ...
Precision Dynamics sold to Wisconsin firm
Precision Dynamics Corp. of Valencia was acquired by Milwaukee, Wis.-based Brady Corp. for $300 million in cash, the Brady Corp. announced Friday.
Zone win a highlight of year
Editors Note: This series highlights and updates noteworthy business events from 2012. As Santa Clarita and AMS Fulfillment of Valencia grew, the one thing both lacked was a foreign trade zone status - allowing companies to act as a U.S. port clearing merchandise through a local entity. The area lacked this designation until AMS Fulfillment achieved that status Aug. 8 when it received a letter from U.S. Customs and Border Protection, notifying the third-party order-fulfillment, ...
Year in review: Landing on Mars was a big deal
Editors Note: This series highlights and updates noteworthy business events from 2012. When NASA's Rover, Curiosity, landed flawlessly on Mars in early August, engineers from Pasadena's Jet Propulsion Lab cheered. So too, did the employees from the Valencia-based Tri Tek and Flextronics companies. "It was really exciting," said Mark Rober, mechanical engineer for JPL. "We gave it a perfect 10." Saying he was in the right place at the right time, Rober landed a job ...
An interview with SRAR’s new president
Bob Khalsa, 2013 president, Southland Regional Association of Realtors Santa Clarita Division and President, United America Realty
Real estate rebounds in 2012
The long-awaited recovery in the real estate market hit with an explosion in January 2012 when local Santa Clarita Valley home sales posted double-digit increases of 47.5 percent and price increases of 4 percent from January 2011, according to the report by the Southland Regional Association of Realtors.
Inc. recognizes local companies
Two local companies have been recognized by the entrepreneurial-focused Inc. Magazine in its debut of the Hire Power Awards.
Year in Review: Startup event attracts attention
Editors Note: This series highlights and updates noteworthy business events from 2012.
New home permits and starts up
Building permits of 899,000 in November were up nearly 29 percent from the same period in 2011. The permits were also up nearly 4 percent from the revised October rate.
An interview with VIA’s new chairman
The Signal: For our readers, define VIA's objective. Alan DiFatta: Building and connecting SCV industry. Q: What has been your involvement with VIA? A: I'm a past chair and was the 2012 vice-chair of programs. I was also a chair for B2B and the Regional Tri-County Conference Q: Why do you want to be chairman? A: They made it easy because all of the leadership is coming back so that was an easy ...
VIA board of directors installed
The Valley Industry Association installed its 2013 board of directors Tuesday at the Valencia Country Club. Chairwoman Diana Meyer also passed the gavel to incoming Chairman Alan DiFatta. Likening the economic recovery to "coming out of the forrest," DiFatta told VIA members it was time to become entrepreneurs and leaders in the community again. Assemblyman Scott Wilk, R-Santa Clarita, swore in the 2013 board of directors - Alan DiFatta, Diana Meyer, Tim Burkhart, Andrea McAfee, ...
Currently Filming in SCV
Film and TV productions bring revenue and jobs to Santa Clarita. You might run into a film crew any day. Here are some productions that are currently shooting around town.
Manufacturer opens to customers
A local manufacturer has decided to open its warehouse doors to customers once a month in an effort to expand its customer base.
VICA targets reform priorities in 2013
The Valley Industry and Commerce Association released its 2013 Legislative Priorities on Wednesday.
Homebuyer optimism grows statewide
Homebuyers are the most optimistic about the housing market than they have been in three years according to a 2012 survey by the California Association of Realtors.
Articles by Section - Local Business
Boston Scientific’s Spinal Cord Stimulator System Restores Quality of Life
Former Navy SEAL and Army Special Operations member, Richard Holt ofVentura, was one of more than 26 million Americans suffering from chronic back pain until one of his doctors recommended he take advantage of Boston Scientific's spinal cord stimulator innovation – the Precision Spectra Implant.
Fueled by increased demand Green Convergence’s growth doubles yearly
California accounted for nearly one-third of the nation's solar installations last year, according to a national trade association.
Orchard Supply Hardware agrees to sell to Lowe’s
Orchard Supply Hardware Stores, a neighborhood hardware and garden store in Santa Clarita and around the state, announced Monday that it reached an agreement with Lowe's home improvement to sell itself for $205 million in cash.
STEM jobs can boost economy
A research firm study finds that "STEM" jobs in the fields of science, technology, engineering and math - which drive economic growth - are largely available to workers without a four-year college degree.
Princess Cruises celebrates the Royal Princess
LONDON (AP) - A glowing Kate Middleton on Thursday christened a gigantic new cruise ship named the Royal Princess.
Calif. and Texas have strongest GDP growth in the U.S. in 2012
While U.S. gross domestic product grew by 2.5 percent in 2012, California's grew at 3.5 percent, according to a report released by the U.S. Bureau of Economic Analysis last week.
Electricore awarded $750K for study
Electricore Inc. of Valencia was awarded $750,000 from the California Energy Commission for a "battery standardization" study for electric vehicles, said an executive with the firm.
Quallion’s batteries still performing after 10 years
Quallion has released test data showing its lithium ion batteries have potential to power long-term implantable medical devices, a spokesman for the company said on Monday.
Shopping center operator acquires a partner’s stake
Shopping center operator, Kimco Realty Corp., announced Monday that it paid $67 million to acquire a partner's stake in 70 shopping centers.
UPDATE: Lee’s buys storage space
Lee's Wine Bistro has purchased the wine warehouse locker space of All Corked Up in Santa Clarita, confirmed Owner Lee Yoon.
U.S. HealthWorks growing
U.S. HealthWorks has entered into a strategic partnership with Indiana University Health, the Valencia occupational healthcare organization announced June 7.
Commercial real estate division formed
The Southland Regional Association of Realtors' board made its commercial real estate committee an official division of the 9,000-member organization, a spokesman announced Wednesday.
Signal website attracts record viewers
More people read, watched and viewed The Signal in print and online during May 2013, than in any month in the 94-year history of the company, said an executive with the newspaper on Thursday.
California leading nation in Q2 growth
When Santa Clarita's April jobless rate dropped to the lowest rate in five years - the city's improving economic picture mirrored statewide forecasts by economic experts on Wednesday.
Family business is thriving
Working in the glass business since he was 15 years old, Stuart Crawford, owner of Santa Clarita based-Valencia Custom Shower Doors, thought he should strike out on his own and do a better job for customers.
