The Signal

SCV Economic Developmen­t Corp.

- HOLLY SCHROEDER President & CEO of SCVEDC

The Santa Clarita Valley is a growing region with significan­t opportunit­ies for businesses including available, state-of-the-art industrial and commercial buildings in master planned developmen­ts. Despite the challenges, 2020 was a successful year for many companies, and there were several attraction­s and expansions across our target industry clusters. Through our research for the Economic Outlook Forecast, we compiled the Santa Clarita Valley Largest Employer’s List illustrati­ng some remarkable growth this past year.

Lief Labs is a thriving nutritiona­l supplement manufactur­ing company recognized on the Inc. 5000 fastest growing private companies list. Leif expanded its footprint in the Santa Clarita Valley and achieved 50% sales growth and over 50% employee increase during one of the toughest years of uncertainl­y and expansion risk. Gothic Landscapin­g, Quest Diagnostic­s, and Stay Green, Inc. are three more firms with meaningful gains this past year by expanding their companies by more than 10%.

New to the SCV Largest Employer’s List is Amazon, which opened two distributi­on centers and brought more than 500 jobs to our region. Amazon’s presence here further demonstrat­es how attractive the SCV is due to its pro-business environmen­t and prime location.

The Santa Clarita Valley economic ecosystem is varied and diversifie­d with multiple profession­al industry sectors – Aerospace & Defense, Medical Devices, Digital Media & Entertainm­ent, Informatio­n Technology, Advanced Manufactur­ing, Corporate & Profession­al Services. This allows the Santa Clarita Valley to not only be resilient but thrive.

Whether it’s designing cutting-edge technologi­es or developing life-changing medical devices, filming toprated television shows or imagining world-class vacations, the Santa Clarita Valley is the ideal location for innovative companies in Southern California. Because the Santa Clarita Valley offers a high quality of life, a variety of tax and incentive programs for both small and large companies, and close proximity to most Southern California business centers, it’s no wonder our region has been named Los Angeles County’s most businessfr­iendly city time and time again.

The Santa Clarita Valley Economic Developmen­t Corp. is a unique private/public partnershi­p representi­ng the united effort of regional industry and government leaders. The SCVEDC utilizes an integrated approach to attracting, retaining and expanding a diversity of businesses in the Santa Clarita Valley, especially those in key industry clusters, by offering competitiv­e business services and other resources. For more informatio­n, visit SCVEDC. org.

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