The Santa Clarita Valley Economic Development Corporation (SCVEDC) was honored to host the 2025 Canadian Energy Storage Roadshow, bringing together industry leaders, innovators, and policymakers to discuss the future of energy solutions. This event, made possible through collaboration with the Consulate General of Canada in Los Angeles, showcased how foreign direct investment (FDI) and international partnerships fuel economic growth, create jobs, and strengthen our local economy.

This past October, Ondré Seltzer, who had served as the Interim President & CEO since July 2024, was unanimously selected by the Board of Directors’ hiring committee to take on the role permanently. This decision followed a thorough and competitive search process, which was immediately succeeded by a similar search for a candidate to fill Seltzer's previous Vice President role. After another nationwide search, the SCVEDC is thrilled to announce that Natalie Vowell will assume the new Vice President of Business Development position for the Santa Clarita Valley.

SANTA CLARITA VALLEY, CA - 4:00pm - 1/22/25

During these challenging times, we want to express our deepest concern and support for the Santa Clarita Valley community confronting the ongoing Hughes wildfire. On behalf of the SCVEDC team, our thoughts are with all those affected.  At SCVEDC, we are steadfast in our commitment to the growth, resilience, and well-being of the Santa Clarita Valley community. In the face of adversity, we stand ready to assist with utility provider communications, connecting you to essential resources, or sharing vital information to ease the challenges of this crisis, our team is here to help. Together, we will navigate these difficulties and continue building a stronger, more resilient community.

Below, you’ll find a list of resources shared by our members and partners that may be helpful during this time, including Emergency Resources, Business Resources, Utility & Weather, and Transportation & Road Safety.

We will continue to monitor this situation as it develops.

Please STAY SAFE and STAY INFORMED.

Minimum Wage Increase for Businesses within City of Santa Clarita on January 1st, 2025, and those within unincorporated LA County on July 1st, 2025.

Are you confused about the minimum wage increases? You’re not alone! The Santa Clarita Valley (SCV) is in a unique situation in that the City of Santa Clarita and the County of Los Angeles have two different minimum wage increase schedules which has caused confusion and challenges for many of our local employers and residents alike.

The City increases its wages in keeping with the State of California’s schedule (January - December), while the County of Los Angeles has adopted a wage increase schedule based on their fiscal calendar (July - June). Beginning in 2022 and continuing each year thereafter, on January 1, the LA County CEO determines the adjusted rates, which shall take effect on July 1 of that year.

THIS PAGE IS NOW OUT OF DATE.           VISIT OUR 2025 UPDATE            FOR THE MOST CURRENT INFORMATION!

Minimum Wage Increases for Businesses in Unincorporated LA County and the City of Santa Clarita

Are you confused about the minimum wage increases? You’re not alone! The Santa Clarita Valley is in an especially unique situation in that the City of Santa Clarita and the County of Los Angeles have two different minimum wage increase schedules which has caused confusion and challenges for many of our local employers and residents alike.

The City increases its wages in keeping with the State of California’s schedule (January - December), while the County of Los Angeles has adopted a wage increase schedule based on their fiscal calendar (July - June).

The 2024 Santa Clarita Valley Economic Outlook explores a resilient and evolving local labor market characterized by growth in key industries, changing dynamics, and challenges in workforce retention. Employment and business expansion, workforce training initiatives, and business assistance and attraction remain a primary focus, supported by the Santa Clarita Valley Economic Development Corporation’s (SCVEDC) integrated approach to attracting diverse business opportunities and job creation. Here are the highlights and insights on employment and workforce trends shaping the region from the 2024 Economic Outlook Book and the 2024 Economic Outlook conference this September:

The Santa Clarita Valley Economic Development Corporation (SCVEDC) will be recognized by the LAEDC with a Strategic Engagement Award, honoring the SCVEDC’s impactful work in driving economic growth. This acknowledgment celebrates the SCVEDC's dedication to attracting, retaining, and expanding businesses to cultivate a diverse economic landscape and create high-quality jobs for the community.

Adding to this year’s achievements, Santa Clarita was ranked in the lowest cost tier in the Kosmont-Rose Institute's annual 2024 Cost of Doing Business Survey. Notably, Santa Clarita was the only city in Los Angeles County to receive this designation, underscoring its ability to offer a competitive and cost-effective environment that appeals to businesses large and small. The city's streamlined permitting processes, business support services, and access to essential resources have made it a top destination for companies looking to thrive.

Unlocking Economic Potential: A Close Look at Santa Clarita Valley's Largest Employers of 2024

In a world that often feels like a whirlwind of economic challenges and opportunities, it's always refreshing to pause and take stock of the forces that keep our communities thriving. One such driving force is the businesses and their employees that make up our diverse community. The Santa Clarita Valley Economic Development Corporation (SCVEDC), an organization dedicated to fostering sustainable growth and prosperity in the Santa Clarita Valley, once again unveils its annual Largest Employer List for the Santa Clarita Valley. This list, combined with our Economic Outlook data book, helps shine a light on the vibrant economic landscape of our unique corner of Southern California.

Santa Clarita Valley, CA – The Santa Clarita Valley Economic Development Corporation (SCVEDC) is pleased to announce that Ondre Seltzer, who has been serving as the Interim President & CEO since earlier this year, has been unanimously selected by the Board of Directors hiring committee to take on the role permanently. The decision comes after a thorough and competitive search process, underscoring the board’s confidence in Seltzer’s vision and leadership capabilities.

“Ondre has been a key driver in our economic development efforts, and his leadership during the interim period has been exceptional,” said SCVEDC Co-Chair John Shaffery, Founding Partner at Poole Shaffery. “His ability to build meaningful partnerships and navigate complex economic challenges makes him the ideal person to lead SCVEDC into the future. He’s consistently proven himself to be a dynamic leader who understands the unique needs of Santa Clarita Valley’s businesses and its community.”

The SCVEDC would like to acknowledge six local employers: Packform, HVA CEYLON, Simpson Labs, Scenario Communications, TLK Fusion, and Vance Wealth, on making it onto this year's list for the fastest-growing companies in the US! 

The prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 allows the founders of the best businesses to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.

Below is an analysis of data from the regional Santa Clarita Valley (SCV) market in various aspects such as Industrial & Commercial real estate, retail, residential, hotel vacancy & occupancy, and film activity. The "SCV Market" encompasses the various areas of the City of Santa Clarita (Valencia, Saugus, Newhall, and Canyon Country), as well as the unincorporated Los Angeles County areas of Castaic, Val Verde, Stevenson Ranch, and Agua Dulce.

For a downloadable PDF of the charts and brief summaries of our Q2 2024 Economic Snapshot click here:      

As part of its ongoing effort to promote international investment into the Santa Clarita Valley (SCV), and to facilitate export opportunities for SCV companies, SCVEDC recently participated in two major investment conferences: SelectLA hosted by the Los Angeles Economic Development Corporation (LAEDC), 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 (FDI) benefits the Santa Clarita Valley? Check out our FDI Brochure!

Congratulations to the Top 25 Power Brokers!

The Santa Clarita Valley Economic Development Corporation (SCVEDC) invests not just in growing our local businesses but attracting great companies to the region with a focus on industries that provide our residents with high-quality, high-paying jobs.

Bringing businesses to our community takes a combined effort from the SCVEDC and our partners in economic development, and of course, from the dedicated commercial real estate brokers who work tirelessly to get these businesses set up at the right location that works for them. Each year we recognize the top commercial real estate brokers active in the Santa Clarita Valley whose efforts contributed the most economic impact. This years list features many returning faces as well as some new ones!

Valencia, California – June 13^th 2024 – Nycote Laboratories Corporation; a leading provider of advanced coatings solutions, is proud to announce a significant expansion with the purchase of a modern detached industrial building. This strategic move underscores Nycote's commitment to meeting the growing demands of its customers and further solidifies its position as a leader in the aerospace, defense and related high tech industries.

Discover how apprenticeships can help businesses grow and thrive.

In the vibrant business landscape of Santa Clarita Valley (SCV), where innovation meets opportunity, investing in talent development isn't just a strategy—it's a necessity for sustainable growth. As local businesses strive to remain competitive in an ever-evolving market, embracing apprenticeship programs emerges as a powerful solution. But what exactly is an apprenticeship, and how can it revolutionize your workforce? Let's delve into the world of registered apprenticeships and explore how they can benefit your business in more ways than one. 

For businesses expanding or new ventures, whether domestic or international, setting roots in the Santa Clarita Valley, apprenticeships present an invaluable resource. As these businesses seek to establish themselves in a new environment, the need for a skilled and adaptable workforce becomes paramount. Apprenticeships offer the perfect solution, providing a structured pathway to train individuals in line with the specific needs and requirements of the business.  

Did you know the world's leading manufacturer and developer of drumheads and shells is headquartered right here in the SCV? Also one of the valley's largest employers, Remo moved here from North Hollywood in 1997 and has grown to over 200 employees. Last week the SCVEDC Board of Directors was given a guided tour of their 220,000 SF headquarters, where at full capacity they can make over 10,000 drums a day.

The Santa Clarita Valley Economic Development Corporation is your one-stop resource for all your business needs

The Santa Clarita Valley Economic Development Corporation (SCVEDC) plays a pivotal role in fostering business growth and prosperity within the region. Our overarching goals are to support the creation of high-paying jobs for our trained workforce, stimulate economic activity that grows the regional tax base, and strategically position the Santa Clarita Valley (SCV) and its businesses to better compete in the global economy. Through a multifaceted approach, the SCVEDC assists businesses with expansion within the SCV and relocation to the SCV by providing comprehensive support services tailored to their specific needs.

In a major stride towards a sustainable future, Six Flags Magic Mountain, located in the heart of the Santa Clarita Valley, has embarked on a groundbreaking initiative that not only elevates its status as a premier entertainment destination but also solidifies its commitment to environmental stewardship. Breaking ground on California's largest single-site commercial solar energy project, Six Flags continues to advance their ESG-related initiatives, as well as significant contributions to both the economy and the environment. Environmental, social and governance (ESG) is a framework used to evaluate an organization's business practices and performance on various sustainability and ethical issues. Magic Mountain will be the third solar installation for Six Flags, following Discovery Kingdom in Northern California and Great Adventure in New Jersey. These three sites will rank as the largest volume of onsite Solar PV systems for any U.S. organization.

Discover how apprenticeships can help businesses grow and thrive.

Santa Clarita Valley (SCV) is home to nearly 300,000 residents and a variety of companies. Thanks to a business-friendly environment, continuous positive economic growth, and local civic leadership that supports ongoing improvements to key infrastructure, our roster of fantastic companies calling the SCV home continues to grow.

Employers across the country are grappling with workforce and recruitment challenges. SCV boasts a highly educated workforce and benefits from access to workforce pipelines in neighboring markets within LA County. In addressing the workforce needs of businesses in SCV, the local community, including academic institutions and economic development organizations, are embracing opportunities for apprenticeships to harness the strength of a vibrant and diverse workforce.

The SCVEDC is proud to celebrate the recent achievements of two of its team members: Dr. Jey Wagner (President & CEO) and Ondre Seltzer (VP, Workforce & Economic Development). Dr. Wagner's appointment to the Board of Directors for Team California highlights his dedication to the growth and retention of businesses in the Golden State. With a strong background in Foreign Direct Investment and working closely with international clients, Ondre Seltzer's addition to the Maple Business Council further strengthens the SCVEDC's commitment to fostering global relationships. These appointments reflect the SCVEDC's ongoing efforts to attract and retain businesses in the Santa Clarita Valley, showcasing the team's dedication to driving economic growth and innovation in the region.

After 13 years of collaborative efforts within our community, the work of the Santa Clarita Valley Economic Development Corporation (SCVEDC) continues to be crucial to our region's growth. SCVEDC continues to focus on business assistance, business attraction and retention, community marketing, and information and data. Despite the numerous obstacles of the past few years, there are many bright spots; most notably, the incredible support, innovation, and resiliency of our business community.

Last Tuesday night Dr. Jey Wagner, President & CEO of the Santa Clarita Valley Economic Development Corporation, released the 2023 SCVEDC Annual Report to the City Council. It featured our organization's business attraction and retention, business assistance, economic information & research, and workforce development initiatives. 

Click here for the presentation slides, and read below for more details. To see the presentation to the City Council on SCVTV, click below and skip to 12:00 minutes.

Over the past few months, there have been some internal staffing changes for long-standing members of the SCVEDC. Our prior Director of Business Assistance for 7 years, Sue Arellano, retired back in May and was replaced by Dr. Jey Wagner. This September also saw our previous President and CEO Holly Schroeder making her own career transition after leading the SCVEDC for over 10 years. With Dr. Wagner taking over the President and CEO role for Holly, we are pleased to announce that veteran economic developer Ondré Seltzer will be taking over Wagner’s prior role as VP of Workforce and Economic Development.

Manufacturing Day is an annual national celebration to help students discover what modern manufacturing is all about, and for years in Santa Clarita private and public organizations have come together to introduce students first-hand to how manufacturing, engineering, robotics, logistics, and quality control all play a role in shaping our world.

This year's Manufacturing Day in the SCV was certainly an iconic one. It was a day filled with excitement as the College of the Canyons unveiled its brand new Advanced Technology Center (ATC) on Thursday, October 5th. The grand opening was followed by a bustling gathering the next day, where hundreds of students and community members eagerly explored the possibilities of advanced manufacturing technologies and potential career paths.

Honoring Santa Clarita Valley's Largest Employers

The Santa Clarita Valley is a growing region with significant business opportunities, including available, state-of-the-art industrial and commercial buildings in master-planned developments. Despite the challenges of the last few years, 2023 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 marked growth in this past year.

The SCVEDC is excited to announce that we were recently honored for excellence in economic development by the International Economic Development Council (IEDC) in two distinct categories. For both the Business Retention & Expansion (BRE) Initiatives and Print Brochures categories impacting populations between 200,000 - 500,000 residents, the SCVEDC was recognized for two of last year's projects: The 2022 Business Survey, and the SCV Talent Report.

Logix Federal Credit Union provides a shining example of how a cultural commitment to employee training and career development delivers stunning results: improved morale, employee retention, and promotional advancements. In a time where businesses both large and small struggle to retain and attract needed talent, Logix has found that investing in their own employees delivers bottom-line results. Though training programs cost time and money, Logix has tapped into a wealth of financial support through state-subsidized training pathways, available through resources right here in the Santa Clarita Valley.

The SCVEDC would like to acknowledge seven local employers: CC Wellness, Lief Labs, Scenario Communications, Selleton Scales, TLK Fusion, Tri Source International, and Vance Wealth, on making it onto this year's list for the fastest-growing companies in the US! 

SANTA CLARITA VALLEY, CA – After completion of a nationwide search, the Board of Directors for the Santa Clarita Valley Economic Development Corporation (SCVEDC) announced today the promotion of current Vice President of Workforce & Economic Development, Dr. Jey Wagner, to the role of President & CEO, as successor to Holly Schroeder. To ensure a seamless leadership transition, Schroeder will remain in her position through the organization’s premier event, Economic Outlook, on September 15, 2023. Schroeder is leaving to pursue new career opportunities at a local advanced manufacturer, DrinkPAK.

A New Shop Local Video Series Showcasing Local Businesses 

The City of Santa Clarita, in partnership with SCVTV, is excited to announce "Santa Clarita Spotlight," a brand-new Shop Local video series dedicated to promoting and celebrating the diverse range of local businesses within the City. The pilot episode of Santa Clarita Spotlight was released on Friday, August 18, on the City’s website at santa-clarita.com/ShopLocal and social media pages.