The 181,025 square foot Mann Biomedical Park in Valencia and 612,075 square foot Sylmar Biomedical Park were sold to Santa Clarita general contractor/developer Dale Donohoe of Intertex Companies, in partnership with Oaktree Capital Management, in one of the largest deals in Southern California. The biomedical parks are home to companies like Boston Scientific, Bioness, and the Alfred Mann Foundation in Santa Clarita; and Second Sight and Quallion in Sylmar. While terms of the deal weren't disclosed, industry experts pegged the value of the deal at somewhere north of $100 million.
Calvin Hedman, Founder of accounting and middle-market advisory firm Hedman Partners
Construction of a new six-story tower is being planned for the campus of the Henry Mayo Newhall Hospital in Santa Clarita, said an executive for the hospital. The growth of the area demands more capacity at a hospital that is some days at capacity, he said. To be built near two existing buildings, and connected by corridors, all of the primary hospital buildings on the campus including the new tower will become like one building.
The success of Princess Cruises' early days hinged on a world's fair and a TV show. And the founder of the Santa Clarita cruise line, Stan McDonald, won both bets on the risks he took to launch the company. In honor of its 50th anniversary, Princess Cruises was scheduled to sail down Colorado Blvd. in Pasadena with its first float ever in the 2015 Rose Parade.
Valencia Technologies is a pioneer on the medical device front in more ways than one. The Santa Clarita-based company is challenging conventional treatment assumptions, allowing it to innovate a smaller device to treat hypertension. And under new federal rules it is laying all its cards on the table to attract investors for its next step of conducting U.S.-based clinical trials – a possibly risky move, but one more companies will are expected to adopt.
Crissair Inc. recently relocated from Palmdale to Santa Clarita after completing its merger with Canyon Engineering Products and finalizing tenant improvements at its new facility in Valencia.
Santa Clarita was on track to break another record for filming in 2014; the fifth consecutive year it has broken film records – which bodes well for 2015 local experts say.
If projections hold true, 2015 is expected to be a strong year for job growth in Santa Clarita. And based on the activity from employers in Santa Clarita and from around the region, 2015 should be outstanding for job growth, said Keri Aaver, Director of WorkSource Center.
2015 will be a pivotal year for California manufacturing. There is a feeling of "cautious optimism" among California's manufacturers, and rightfully so. The manufacturing community has made gains in job growth and expansion, but more must be done to build upon that momentum and to strengthen our industry. Here are some key ways manufacturing will evolve in 2015:
Vince Lombardi, the man who coached the first two winning NFL Super Bowl teams, gave a speech many years ago known today as "What It Takes to be No. 1."
The Valley Industry & Commerce Association (VICA) was founded in 1949 as the Industrial Association of the San Fernando Valley. The Valley in those days was nothing like the highly populated swath of land that joins the 101 and 405 freeways it is today. In fact, there were no Valley freeways then. The region was rural – mostly farms, orchards and ranches.
You may have already noticed petition gatherers buzzing around grocery stores, asking for your signature to undo the historic statewide plastic bag ban signed into law just weeks ago by California Gov. Jerry Brown. The ban received support from a broad coalition of industry, labor, and environmental groups.
The Great Wall of China can be seen from space. It's an impressive display of what can happen when a goal is set and resources are allocated and executed.
Launched in 1973, Firetect is everywhere flames aren't. Manufacturing their own fire retardant products, the Santa Clarita firm owned by Kathleen and Randy Newman, helps to protect globally known theme parks and film studios to keep their properties and the people who inhabit them safe from fire.
Office vacancies in the Santa Clarita Valley dropped nearly 7 percent in 2013, ending 2014 in the fourth quarter with a 14.8 percent vacancy rate, according to Colliers International. Nearly 80,000 square feet of multi-tenant office space was leased by year-end 2014.
After more than two decades of research and product development, Santa Clarita's 3D International LLC is betting on being able to eat into a portion of market share held by the global 3M Company. And experts with the Santa Clarita Valley Economic Development Corporation are betting the company can do it so they've pitched in to set the company up for continued success.
Tom Wulf, Board President
Lance Williams, President and CEO
Within mere weeks, Pacific Northwest-based Haggen will begin the gradual conversion of Santa Clarita's two Vons grocery stores in Valencia and Saugus. And those stores aren't the only ones the small Bellingham, Wash. grocery retailer will be re-branding.
One of Santa Clarita's own was inducted into the 43rd National Inventors Hall of Fame at the Smithsonian last year. Canyon Country resident Charles Hull is credited as being the inventor of stereolithography – the first commercial rapid prototyping technology commonly known today as 3D Printing. And Hull is also the Co-Founder and Executive Vice President, Chief Technology Officer of 3D Systems on Hercules Street in Valencia.
With construction expected to begin soon, a new retail shopping center is slated for Copper Hill Drive and Camino Del Arte in Santa Clarita. Using the working name of West Hills Plaza, developer Ahmad Ghaderi closed the deal in buying the property in June of 2014, with a purchase price of $5.569 million.
3D Printing has come a long way since its inception. In the not so distant past stereolithic printing was used to make-one off parts for machinery, and more recently made its way into the health care field producing body parts for hip, knee or jaw bone replacements, and more. Today 3D printing is making an entry into the building industry. And now a Cool Brick can help keep your entire house cool.
So California begins another legislative session – and with an influx of freshman lawmakers. However, this doesn't yet appear to have resulted in new and different legislation. An early look shows that businesses in the state may be in for another two years of fighting the same old battles.
I first noticed the phrase 'employee engagement' when reading Fast Company magazine in the summer of 2001.
It's doubtful any person has not witnessed the work of ATK Audiotek, and yet just as likely that the general public has never realized the 32-year old Santa Clarita-based company was working behind the scenes of so many major televised events.
Jay Catlin, President/Managing Partner