Business News

California Competes Committee Approves $28.9 Million in Tax Credits for 29 Companies Adding Jobs
6/19/2014 2:15:00 PM
Sacramento, Calif. – The California Competes Tax Credit (CCTC) Committee today approved $28.9 million in tax credits for 29 companies expanding and creating jobs in California. “The inaugural round of California Competes awardees represents a broad range of industries and regions across California,” said committee chair Michael E. Rossi. “I am confident these companies will use the tax credits to invest in their business, hire more people and contribute to California’s ongoing economic growth.” ...Read More
MEDIA: GO-Biz Releases List of Companies Set to Receive $30 Million in Cal Competes Tax Credits
6/10/2014 10:56:00 AM
As part of the administration’s ongoing efforts to bolster California’s business climate, the Governor’s Office of Business and Economic Development (GO-Biz) released the final list of 31 companies it is recommending for the first allocation of California Competes tax credits totaling $30 million. “The California Competes tax credit encourages businesses large and small to expand in California and create good paying jobs in a variety of industries,” said GO-Biz director Kish Rajan. ...Read More
Statement from Director Kish Rajan on Plans to Keep the Sriracha Plant in California
5/29/2014 1:16:00 PM
Director Kish Rajan: “I am pleased the city of Irwindale agreed to drop the lawsuit against Huy Fong Foods and work with CEO David Tran on a resolution. This week GO-Biz staff was glad to take part in positive conversations among city officials and Mr. Tran that ultimately we expect will balance the public interest and keep the Sriracha plant in California.” ...Read More
GO-Biz Press Release: California Awarded Federal Manufacturing Designation by Sec. Pritzker
5/28/2014 4:29:00 PM
Building on California’s national leadership in manufacturing, the Governor’s Office of Business and Economic Development (GO-Biz) today announced that Southern California has been designated a national ‘Manufacturing Community’ by Secretary of Commerce Penny Pritzker as part of the federal Investing in Manufacturing Communities Partnership (IMCP) initiative. “Southern California’s designation as a national manufacturing community further underscores California’s place as the U.S. leader in manufacturing companies, jobs and output,” said GO-Biz Director Kish Rajan. “This designation demonstrates that Governor Brown’s efforts to strengthen the California manufacturing industry are gaining national attention and we look forward to working with Mayor Garcetti to continue to deliver resources to Southern California’s manufacturing companies.” The effort to designate Southern California as a national manufacturing community was led by the University of Southern California Center for Economic Development along with GO-Biz, Los Angeles Mayor Garcetti, the Los Angeles County Economic Development Corporation (LAEDC) and more. ...Read More
Governor Brown to Lead Trade and Investment Mission to Mexico - Recruiting Business Delegates
4/30/2014 9:02:00 AM
Governor Edmund G. Brown Jr. today announced that he will lead a Trade and Investment Mission to Mexico during the last week of July 2014 to strengthen ties with California's neighbor and largest export market. "Reducing our oil consumption, two-thirds of which is imported by ships and tank cars, will take time, breakthrough technologies and steadfast commitment. It will also require that the countries which burn the most fossil fuel join with us," Governor Brown said in his 2014 State of the State address. "We've started building those partnerships with other states and countries like China. We will go to Mexico next. California can't do this alone." ...Read More

 

 

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