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December 2010 | EDC serving Fresno County | www.fresnoedc.com


Fresno County is one of California's largest and most diverse counties. Including an area of more than 6,000 square miles, it is the state's sixth largest county. Within its boundaries are some of the world's most fertile agricultural land and most majestic mountains, lakes, and forests. The city of Fresno, the county's largest metropolitan area and its commercial and cultural hub, is nestled between the Valley floor and the Sierra Nevada foothills. 

The county includes many attractive cities and towns, each with its own character. Housing in Fresno County is affordable, with a vast array of lifestyle choices. Whether you prefer rural or urban, suburban or mountain village, affordable housing choices are available. Fresno County is one of the nation's only counties within an easy drive to three national parks: Yosemite National Park (92 miles), Sequoia National Park (81 miles) and Kings Canyon National Park (55 miles). Outdoor recreational activities are abundant, with a full range of winter and summer sports including a ski and snowboard resort, China Peak; a large warm water lake nestled in the Sierra Nevada foothills, Millerton Lake; and two large alpine lakes, Huntington Lake and Shaver Lake. 

Fresno County is centrally located between San Francisco (184 miles), Los Angeles (222 miles), and California's spectacular central coast (164 miles). Fresno County is 162 miles from the state capital, Sacramento, 444 miles from the Oregon border, 298 miles from the Nevada border, and 354 miles from the Mexican border. The Economic Development Corporation serving Fresno County invites you to come and explore Fresno County and all it has to offer. You won't be disappointed!


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In 2010, the consolidation of logistics and distribution companies was experienced in a major way in the Central Valley. This consolidation was predictable due to the last two years of brutal economy and concerns of where the country's direction was taking us. 

Without jobs there is no retail commerce, without retail commerce, there is no distribution of goods. Instead of hiring people and reinvesting in our companies, we started looking for the best tax shelters, taking profits out of circulation. This has frozen growth in the logistics and distribution sector. 

The good news is this is a great time to take advantage of very affordable pricing and expand to new markets as the economy slowly starts to pick up, and the EDC Corporate Locations Team has never been busier with outside investors looking at Fresno County. 

My opinion and educated view? This is the perfect time to invest in real estate if you have the ability to hold for the next three years. 

Most importantly, Fresno County remains the economic engine for the Central Valley: the premier location to expand and grow your business. It may be difficult right now, but Fresno County is the best place from which to distribute goods to 38 million people. 

After all the first rule of business is: location, location, location!


EDC News & Updates








 

 

 

THE EDC LAUNCHES FRESNOCOUNTYCITIES.COM

The EDC has revamped our Industrial Showcase and Economic Profile website known as Fresno County Cities for the convenience of our 15 cities, brokers and site selectors. Click Here to access our new website!

SAVE THE DATE: EDC REAL ESTATE FORECAST

On Thursday March 24, 2011, the EDC will be hosting our Annual Real Estate Forecast Luncheon. This event is intended as a means of preparing for the upcoming year from a financial and real estate perspective. Keep reading in the next few months for more details on this event!

THE EDC HOSTS ANNUAL ECONOMIC REPORT LUNCHEON SPOTLIGHTING HIGH-SPEED RAIL

On October 28, 2010, the EDC hosted our Annual Event. This year's theme was: "Thinking Outside the Tracks," highlighting High-Speed Rail and the impact it will have on Fresno County. (Read More)

THE EDC RELEASES ANNUAL PUBLICATION HIGHLIGHTING 2009-10 ACTIVITY IN FRESNO COUNTY

Each year, the EDC puts together a publication that highlights the real estate, business, and expansion activity in Fresno County.

Click Here to read the EDC's Annual Publication!



Featured Property

 KINGS RIVER BUSINESS PARK - SANGER, CA


Several parcels in the City of Sanger's Kings River Business Park are available for purchase. This property is situated in the Redevelopment Zone, zoned industrially for heavy manufacturing, and located in close proximity to Freeways 99 & 180. (View Property Listing) 

Click Here to view a video-guided tour of the property!

In Other News...

CLOVIS TO WAIVE FEES FOR BUSINESS GROWTH

The City of Clovis will offer a fee reduction incentive to developers who want to build or expand an office or industry in the next 18 months. (Read More)

FRESNO INDUSTRIAL TRENDS REPORT

Third Quarter 2010. (Read More)

FEDERAL FUNDING FOR HIGH-SPEED RAIL DEDICATED TO CENTRAL VALLEY

Following an announcement of an additional $715 million award for the development of California's high-speed rail system, federal officials have clarified that the entirety of federal funding California has received so far must be spent in one of the two Central Valley regions of the project. (Read More)


STUDY: SAN JOAQUIN VALLEY GROWS IN GREEN JOBS

Renewable energy projects and California's high-speed rail system could bring more than 100,000 jobs to the San Joaquin Valley, according to a recent study. (Read More)

PG&E SIGNS 60-MW SOLAR-POWER CONTRACT WITH REC JOINT VENTURE

PG&E has a 60-megawatt solar power purchase agreement with a joint venture owned by Renewable Energy Corp (REC) and privately held Summit Power Group Inc. The solar farm is set to be built in Mendota, CA, about 40 miles west of Fresno. (Read More)

INDEX: VALLEY ECONOMY GRADUALLY EXPANDING

The four-county area of Tulare, Kings, Madera and Fresno counties saw an increase in economic expansion for the month of October. (Read More)

MENDOTA FIRM GETS $1.5M FOR BIOENERGY TESTING

A Mendota biofuel company will be using a $1.5 million grant from the California Energy Commission to test the feasibility of converting sugar beets and agricultural waste into ethanol and other forms of clean energy. (Read More)

THE 2010 FRESNO COUNTY EMPLOYMENT STUDY

Completed by the Fresno Regional Workforce Investment Board. (Read More)


Business Expansions and Closings

Curious about buildings that have become available due to businesses closing, or about recent expansions to businesses in the Fresno Area? 

Click Here to see the latest warn notices of businesses closing from the Employment Development Department. 
 
Click Here to view a list of recent business openings and expansions in Fresno County.

Upcoming Events

WESTPACK TRADE SHOW - ANAHEIM, CA



Please join us at WestPack, the Packaging Industry's Project Acceleration Resource, February 8-10, 2011, at the Anaheim Convention Center in Anaheim, CA. Click Here to visit the event website, where you will find detailed information and easy online registration for complimentary admission using Promo Code: XG. 


FRESNO FOOD EXPO - FRESNO, CA



The City of Fresno will be hosting its First Annual Food Expo on Friday March 11, 2011. Click Here to access the event website! 


Thank You For Reading!

We hope you enjoyed reading our newsletter. Please feel free to contact the Corporate Locations Team of the Economic Development Corporation serving Fresno County if you have any questions or comments.

Esther Cuevas

Director of Corporate Locations

559-476-2507

ecuevas@fresnoedc.com

Fernando Santillan

Corporate Locations Coordinator

559-476-2504

fsantillan@fresnoedc.com

Julie Trigleth

Economic Development Analyst

559-476-2502

jtrigleth@fresnoedc.com