Archive By Section - Local Business
$5 million expansion for Mercedes dealership
Building a new dealership in one of the toughest recessions in history is no easy task, but Mercedes-Benz of Valencia managed to do just that.
Wine bar operator is working to reopen
Roman Holiday hopes to re-open soon, said one of its owners. The cocktail and wine bar closed Jan. 18 when two of the three partners decided to exit the business. It's currently undergoing a change in ownership, said Gunner Resendez, the third partner. Located at The Patios at the Westfield Valencia Town Center, Resendez said that while he can't give the public an exact date as to when Roman Holiday will re-open, he is working ...
Pizza restaurant betting on Santa Clarita
Feeling confident in the economy and their product, and betting on Santa Clarita, Ventura-County based Toppers Pizza is fully renovating two buildings in the city to open as restaurants later this year.
Panel helps businesses deal with healthcare reform
Affordable healthcare may not be so affordable, according to a panel of healthcare reform experts.
Film Office breaking records for productions
The city's Film Office is celebrating its 10-year anniversary this month and in a nod to its success, a spokesman with the city also announced 2012 was another "record year" for local filming.
New medical practice opens in Valencia
When the Affordable Healthcare Act takes effect in 2014, experts predict there will be a shortage of doctors to care for the nation's populace.
Head of local economic development organization honored
The head of the Santa Clarita Valley Economic Development Corporation was named one of the "40 Under 40" of economic professionals, the local organization announced Friday.
Curtis Woods to head Eternal Valley Memorial
Eternal Valley Memorial Park Mortuary has named Curtis Woods II as the new General Manager. Woods replaces Rachel Vargas who was promoted to head a Dignity Memorial location in Houston, Texas. Most recently he was general manager of Hillcrest Memorial Park and Mortuary in Bakersfield, and prior to that, general manager at Joshua Memorial Park in Lancaster, where he increased the location's satisfaction rating by 17 percent, said a spokesman for the Dignity Memorial network ...
Mimi’s Cafe chain sold
A little more than three months after the Santa Clarita Mimi's Café re-opened post-remodeling, the owner announced this week that it is selling the chain for $50 million.
Bank of Santa Clarita releases positive 2012 results
The Bank of Santa Clarita released its 2012 earnings report Monday and the market reflected the positive results. Shares are up nearly one dollar per share in the past quarter.
Local home sales have turned the corner in the real estate recovery
Santa Clarita Valley home sales increased 8.1 percent last year over 2011, marking the second consecutive year of annual gains and the highest annual sales total since 2006.
Historic shopping district welcomes another boutique
Home-décor accents and gift boutique retailer, Santa Clarita-based Ma Maison, is moving to a new location, said owner/operator Ede Eichmann.
For the love of fine wine
For years local winemakers - often amateur winemakers and hobbyists - traveled outside the Santa Clarita Valley to produce their wines.
LNR sold for $1.5 billion
A private investment firm has agreed to purchase LNR Property LLC for $1.5 billion in cash. Starwood Property Trust, and Starwood Capital Group, announced the purchase on Thursday. LNR is a diversified real estate investment, finance, management and development firm with over 550 employees located in 12 offices throughout the U.S. and Europe. Under the terms of the agreement, Starwood Property Trust will acquire a number of LNR's business segments for a total purchase price ...
BevMo moves closer to opening a second store
A second BevMo is scheduled to open soon in the Santa Clarita Valley, said an official with the city.
Articles by Section - Local Business
Men’s Wearhouse founder to keynote trade show
The man who told millions of people "You're going to like the way you look. I guarantee it," Men's Wearhouse founder, George Zimmer, is coming to Santa Clarita to speak at the Valley Industry Associations' 2013 B2B industry expo luncheon on March 19.
Homebuilder buys more lots for SCV homes
KB Home acquired 54 finished lots in a land purchase agreement with Newhall Land for a new community called Charleston at River Village in Santa Clarita, the homebuilder announced on Wednesday.
Learning how to get revenue from your website
Merely attracting streams of visitors to your website doesn't automatically translate into revenue growth for a business, said Erick Arndt, founder of SCV Startup.
Campaign launched to attract new homebuyers
On the heels of growing builder confidence, and more new home starts than during the Great Recession, a new-home trade association launched a campaign to spotlight homebuilders' new homes, including those new home communities in the Santa Clarita Valley.
Foreign Trade Zone can benefit businesses
Exporters and importers, as well as the warehouse and distribution companies that support them, reap multiple benefits when they operate inside a Foreign Trade Zone – or FTZ, said experts at a recent meeting.
SCVEDC receives an award for Economic Development Guide
The Santa Clarita Valley Economic Development Corporation received an Award of Merit for their recent Economic Development Guide publication, which focused on the bio-medical industry in the SCV.
The SCVEDC receives an award for its Economic Development Guide
The Santa Clarita Valley Economic Development Corporation received an Award of Merit for their recent Economic Development Guide publication, which focused on the bio-medical industry in the SCV.
Roman Holiday closed for good
The wine bar business, Roman Holiday, which announced Feb. 12 it was working to re-open after a dispute between partners forced its closure, is definitely closing, sources say.
Art house movie group interested in SCV
Santa Clarita residents have been loosely campaigning for quite some time to have an independent art house movie theater open locally. According to one executive, there is still hope that a theater chain airing independent films may one day locate in Santa Clarita.
Bob Khalsa: SCV home sales are the highest for January in six years
January is typically a dormant time of year for the residential real estate market in the Santa Clarita Valley, yet this market recovery is so unusual that no one was surprised when statistics showed January posted the highest sales total for the month in six years.
Santa Clarita counts on tourism for funds
Last year was a busy one for the city of Santa Clarita and its tourism partners, according to a city official.
Banker recognized
Marti Heinbaugh, regional manager of Mission Valley Bank, is scheduled to be honored for her contributions to SCVi – Santa Clarita Valley International Charter School.
Economic conference returns to Santa Clarita
The third annual Santa Clarita Economic and Real Estate Outlook conference is taking place Thursday, Feb. 21 from 2 p.m. to 5 p.m. at Hyatt Regency Valencia.
