header image

[Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail

Inside
Weather


 
Calendar
Today in
S.C.V. History
July 20
2001 - Then-Assemblyman George Runner introduces legislation to memorialize the historic Ridge Route. Enacted Oct. 4. [story]
Ridge Route


As part of its ongoing effort to promote international investment into the Santa Clarita Valley, and to facilitate export opportunities for SCV companies, the Santa Clarita Valley Econonomic Development Corporation recently participated in two major investment conferences: SelectLA hosted by the Los Angeles Economic Development Corporation, as well as the SelectUSA Investment Summit in Washington D.C.

These investment conferences are a crucial component of SCVEDC’s comprehensive strategy to attract a diverse range of investors, both domestically and internationally, who are interested in expanding their operations into the dynamic and thriving business environment of the SCV. By actively engaging with potential investors at major conferences like SelectLA and the SelectUSA Investment Summit, SCVEDC aims to showcase the SCV as a prime location for business growth and development, highlighting the region’s business-friendly policies, strategic location, skilled workforce, and abundance of money-saving incentives.

Through these efforts, SCVEDC is actively fostering a conducive environment for both domestic and foreign companies to establish and expand their presence in the SCV, ultimately driving economic growth and prosperity in the region.

Curious about how Foreign Direct Investment  benefits the Santa Clarita Valley? Check out our FDI Brochure.

SCV is an oasis in Los Angeles County for international businesses. Santa Clarita is LA County’s 3rd largest city, with 300,000 residents and a highly educated workforce. During the SelectUSA Summit, SCVEDC engaged multiple prospective FDI companies, who are looking to establish operations along the West Coast and Southwest of the United States. With SCV being strategically located near major ports and logistical assets, including the Port of LA, Port of Long Beach, LAX, with multiple interstate highways, SCV is easily accessible to global supply chains for these investors.

SCV is also located near the 3rd largest concentration of global trade offices in Los Angeles, connecting Santa Clarita Valley with strategic FDI missions, international partners and companies. After many successful engagements, FDI companies attending the SelectUSA Summit engaging with SCVEDC staff have expressed their interest in our region, as an optimal alternative for companies looking to establish or expand their U.S. operation.

The SelectUSA Investment Summit is the highest-profile event in the United States to facilitate business investment by connecting thousands of investors, companies, economic development organizations, and industry experts to make deals happen. Foreign Direct Investment brings numerous benefits to regions like Los Angeles and local economies such as the Santa Clarita Valley.

Boosting the Los Angeles Region

-Economic Growth: FDI injects capital into the Los Angeles economy, fostering overall economic growth. This investment supports the development of new industries, infrastructure projects, and technological advancements, making the region more competitive on a global scale.

-Job Creation: By attracting multinational corporations, FDI generates numerous job opportunities. These new positions range from entry-level to highly skilled roles, reducing unemployment rates and providing stable employment for residents.

-Innovation and Technology Transfer: FDI brings in advanced technologies and innovative practices from other parts of the world. This transfer of knowledge enhances the technological capabilities of local businesses, driving innovation and increasing productivity across various sectors.

-Enhanced Global Trade: Los Angeles benefits from increased trade activities due to the presence of foreign companies. This not only boosts export opportunities for local businesses but also establishes the region as a vital hub for international trade.

Positive Impact on the Santa Clarita Valley

-Economic Diversification: FDI in the Santa Clarita Valley diversifies the local economy. Traditionally known for its entertainment and aerospace industries, the influx of foreign investment encourages the growth of new sectors such as biotechnology, advanced manufacturing, and renewable energy.

-Small Business Support: Foreign companies often collaborate with local suppliers and service providers, creating a ripple effect that benefits small businesses. This support helps local entrepreneurs thrive and fosters a robust business ecosystem.

-Infrastructure Development: FDI leads to the development of essential infrastructure in the Santa Clarita Valley, including improved transportation networks, commercial real estate, and public facilities. This not only enhances the quality of life for residents but also attracts further investment.

-Increased Tax Revenue: The presence of foreign enterprises boosts local tax revenues, providing additional funds for public services such as education, healthcare, and community development projects. This improved public infrastructure benefits all residents and enhances the overall living standards.

-Cultural Exchange and Diversity: FDI brings diverse cultures and perspectives to the Santa Clarita Valley. This cultural exchange enriches the community, fostering a more inclusive and globally connected society. It also promotes tourism, as the area becomes more attractive to international visitors.

FDI significantly enhances both the broader Los Angeles region and the local economy of the Santa Clarita Valley. By engaging FDI projects, SCVEDC can support its mission to drive economic growth, create quality jobs, foster innovation, and improve infrastructure.

Comment On This Story
COMMENT POLICY: We welcome comments from individuals and businesses. All comments are moderated. Comments are subject to rejection if they are vulgar, combative, or in poor taste.
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.

0 Comments

You can be the first one to leave a comment.

Leave a Comment


Latest Additions to SCVNews.com
2001 - Then-Assemblyman George Runner introduces legislation to memorialize the historic Ridge Route. Enacted Oct. 4. [story]
Ridge Route
Each year, since 1959, the Los Angeles County Board of Supervisors funds the production of a free holiday celebration at The Music Center’s Dorothy Chandler Pavilion on Dec. 24.
Apply to Appear in 65th Annual L.A. County Holiday Celebration
Caltrans announces the northbound Interstate 5 will be reduced to one or two lanes overnights Monday, July 22 through Friday, July 26 from Lake Hughes Road to two miles north of Templin Highway (near the Whitaker Sand Shed) north of Castaic for paving work.
Northbound I-5 Lanes Reduced Overnights in Castaic Area
The Santa Clarita Master Chorale, Santa Clarita Valley Youth Orchestra and the Child & Family Center have all earned grants from the Los Angeles County Department of Arts and Culture.
Master Chorale, SCYA, Child & Family Center Earn County Art Grants
Santa Clarita Public Libraries will host Tin Can art craft events at all three of the Santa Clarita branches July 23-25 at 5:30-6:30 p.m.
July 23-25: Tin Can Art Craft Events at Santa Clarita Library Branches
Sign up to volunteer today for the city of Santa Clarita’s Third Annual Graffiti Removal Day on Saturday, Aug. 3, 8-11 a.m. at Soledad Canyon Road and Camp Plenty.
Aug. 3: Third Annual Graffiti Removal Day
The Canyon County Community Center will host "Celebrate," an events series that celebrates cultures, customs and culinary wonders on Friday, Aug. 9, from 6-9 p.m.
Aug. 9: Celebrate Japanese Culture at Canyon Country Community Center
The Valencia Public Library will host a Teens DIY craft event for journals Thursday, July 25 from 3:30- 4:30 p.m. at 23743 Valencia Blvd, Valencia, CA 91355.
July 25: Teen DIY Craft Journal Event at Valencia Public Library
The city of Santa Clarita will present “Textura,” an original paintings and mosaic work exhibition by local artist Naomi Young.
‘Textura’ Exhibition by Naomi Young at The MAIN
Join Amazing Dog Rescue at PetSmart to meet the cutest, most amazing, fluffy friends searching for their forever homes, 10 a.m.- 2 p.m. Sunday, July 21.
July 21: Amazing Dog Adoption Event at Petsmart
Every day ​115 lives are taken by Metastatic Breast Cancer in the United States. The Met Gala SCV is part of a nationwide effort by METAvivor, a volunteer-led, non-profit organization. We exclusively fund Metastatic Breast Cancer research through rigorous scientific peer-review.
Sept. 21: Met Gala SCV Seeks Sponsors
Did you know that the summer season is the busiest intake time for Animal Care Centers? It’s also the best time to add a new furry friend to your family.
July 27: Santa Clarita Will Waive Animal Adoption Fees
Tim Williams, a lifelong resident of Val Verde and member of the Santa Clarita Valley Historical Society Advisory Board, is working to make sure his community and its storied past is not forgotten.
Val Verde Historical Society Seeks New Members
The California Department of Transportation has announced emergency repairs on State Route 126 to clear the shoulder and roadway of mudslide/debris, clear and clean drainage systems, repair damaged slopes and place erosion control.
SR-126 Highway Debris Removal, Emergency Repairs Project
1915 - Ince, Griffith, Sennett form Triangle Film Corp.; it produces & distributes early William S. Hart films [story]
Triangle Films
In celebration of Zonta leadership in the Santa Clarita Valley, ten past presidents of the Zonta Club of Santa Clarita Valley hosted the Installation of Officers and Directors for the 2024-2026 biennium on Monday, May 20 at the beautiful patio of Salt Creek Grille in Valencia.
Zonta SCV Installs 2024-2026 Leadership
Summer is here! With the season in full swing and kids starting their school break, the city of Santa Clarita welcomes youth to one of its most popular and long-standing programs:
Marsha McLean | Santa Clarita Community Centers’ Summer Camps
The Los Angeles County Health Officer has issued an excessive heat warning for the Santa Clarita Valley Friday, July 19 through Wednesday, July 24 as triple digit temperatures have been forecast.
Excessive Heat Advisory Issued for SCV
Toby Lite, a middle infielder from Saugus High School has signed his national letter of intent to play baseball at The Master's University.
Saugus High Infielder Toby Lite Signs with TMU Baseball
The Outlets at Tejon are helping kids get ready for the new school year with its Back-to-School Bonanza happening Saturday, Aug. 3, beginning at 1 p.m.
Aug. 3: Back-to-School Bonanza at Tejon Outlets
Every summer, The Master’s University sends students across the world to partner with missionaries, pastors, and church planters in sharing the gospel and serving local bodies of believers.
TMU’s 2024 Global Outreach Team Travels the World
The Santa Clarita Valley Sheriff's Station is asking for the public's help in identifying grand theft suspects in a crime that occurred in Valencia.
LASD Asking for Public’s Help in Identifying Grand Theft Suspects
The Sierra Hillbillies Square and Round Dance club invites the community to a "Back to the Beach" themed square dance Sunday, Aug. 4, from 2 p.m. to 4:30 p.m., at Valencia United Methodist Church.
Aug. 4: Sierra Hillbillies Hosting ‘Back to the Beach’ Square Dance
The William S. Hart Union High School District Governing Board unanimously approved the appointment of Susan Kim as the newest assistant principal at West Ranch High School.
Hart District Appoints Susan Kim New West Ranch Assistant Principal
SCVNews.com