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The Powerful Santa Clarita Industries You Didn’t Know Were Here

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These 5 influential Santa Clarita industries have been hiding right under our noses. Tap into the powerful cluster of businesses that drive our local economy. 

Santa Clarita is known for being a great place to raise a family — that perfect little bedroom community just over the hill from Los Angeles. That’s not new, right? 

But did you know Santa Clarita is also home to a burgeoning business community with companies that lead the nation in filming, aerospace, biotechnology and more? 

Believe it: Santa Clarita is a diverse, booming center for business, and it’s only getting stronger. 

The 5 Santa Clarita Industries You Didn’t Know Were Here  

A local business development nonprofit called the Santa Clarita Valley Economic Development Corporation (SCVEDC) focuses on supporting targeted Santa Clarita industries that help diversify and strengthen the economy. 

Though most local residents may not have heard of it, the SCVEDC works to inform, market and grow local businesses, as well as attract new companies looking to relocate or expand to our community. It’s an economic support system that was formed in the wake of the Great Recession. 

“The SCVEDC focuses on supporting targeted local industries that will really help diversify and strengthen the economy,” explained Holly Schroeder, president and CEO of the local nonprofit. “There are five key industries that we work very closely with.”

  1. Aerospace & Defense in Santa Clarita 

“We have a lot of aerospace companies here, and that’s one of our target industries to bring to Santa Clarita because aerospace is still really strong in Southern California,” Holly said. 

Many Santa Clarita aerospace companies supply major national and international plane manufacturers like Boeing, Lockheed and Airbus. 

“So we have folks who build all the parts of the plane from wings to nose gear and landing gear — all sorts of stuff,” Holly said. 

We also have organizations that focus on space research and technology, as well as national security and international affairs. 

“Strong political support, a highly educated workforce, unique training infrastructure and the presence of many networking and support programs make the Santa Clarita Valley an attractive location for this major industry,” Holly explained. 

  1. Bioscience & Medical Devices in Santa Clarita 

“L.A. County is also really growing as a bioscience center, so we have a lot of biotech and medical device companies that support that regional industry, as well,” Holly explained. 

Our valley has a strong and growing presence of businesses that research, develop and produce important medical devices. Advanced Bionics, for example is the leading-edge manufacturer of cochlear implants in the world, and Neotech Products researches and develops new medical devices specifically formulated for infants in the NICU, PICU and more. 

“These companies are right here in the Santa Clarita Valley,” Holly said. 

  1. Advanced Manufacturing in Santa Clarita  

“We also have a lot of advanced manufacturing,” she continued. “Los Angeles County is still the number one manufacturing output county in the country. Everyone thinks that manufacturing jobs are gone — that’s not true.”

Our local manufacturing companies produce extremely diverse outputs from electronics to engines to industrial machinery, all of which require advanced manufacturing processes. This makes Santa Clarita a sought-after location that produces high value-added, technical and capital-intensive goods. 

  1. Digital & Entertainment in Santa Clarita  

“Santa Clarita is also a hub for filming because we’re located within the 30 Mile Zone (TMZ), or Hollywood Studio Zone,” Holly explained. 

Being located within the TMZ means Santa Clarita is generally a more cost-effective and highly desired area for studios to choose for filming, especially when the Hollywood area doesn’t have exactly what a production needs. 

In addition to being located within the TMZ, Santa Clarita is home to more than 30 movie ranches and sound stages, producing everything from online video games to full-length films. 

In fact, in one year alone, Santa Clarita issued 526 film permits and recorded 1,380 film days, which generated an estimated $33.4 million in economic impact to our community, according to the City of Santa Clarita’s Film Office. 

  1. Information Technology in Santa Clarita  

“Santa Clarita’s growing film industry also breeds a lot of digital media, entertainment media and information technology as support companies,” Holly explained. 

The information technology industry includes local firms that work in software publishing, telecommunications, data processing and hosting, computer design and more. One of the most widely known firms includes Scorpion Internet Marketing, a homegrown company that the SCVEDC helped place into a brand new building when the company was ready to expand. 

With a highly educated labor force and state-of-the art facilities that offer room to grow, there’s bound to be more growth ahead for information technology, as well as the other four major industries, here in Santa Clarita. 

Why These 5 Santa Clarita Industries? 

The combination of those five major Santa Clarita industries — plus the corporate headquarters located here — are symbiotic enough that there’s relationships between them that strengthen the whole; yet, they’re different enough that, theoretically, they won’t go through their economic cycles at the same time. 

“Even during the Great Recession, for example, the bioscience industry didn’t go down,” Holly explained. “It may have only grown a little bit, but it didn’t decline. That’s why part of our mission is to develop the kind of diversity that will help make our economy just a little more resilient.”

But it’s not just jobs these companies contribute to the local economy. 

“The industries you’re targeting are bringing dollars into our community, which drives our real estate market and feeds money back into our local economy,” said Santa Clarita Realtor Tracy Hauser of the Tracy Team in Santa Clarita. “Those effects can be felt, indirectly, on every part of our community, from our schools to our nonprofits. All these tax dollars that are coming in are literally fortifying our community.”

And those contributions multiply. 

“Sales tax is a huge part of the local budget, but we also want to make sure we have the companies that are spending money locally,” Holly added. “They’re making purchases locally. They’re buying materials and supplies locally. The film industry, for example, does so much local purchasing when they’re filming on location or at our local studios — it’s tremendous.”

The risk of these jobs, however, is that they can be done anywhere, and we definitely have other states trying to pull California companies away. 

“That’s why we really focus on being a business friendly community,” Holly concluded. “We try to keep our fees and local business taxes under control because that’s the competition that we’re facing.”

Get To Know Your Santa Clarita Partners 

Want to know more about the people who brought you this information?

About SCVEDC | Santa Clarita Valley Economic Development Corp.

Though most local residents may not have heard of it, the SCVEDC is a local nonprofit that works to attract, grow, market and inform local businesses and Santa Clarita industries, as well as companies looking to relocate or expand to Santa Clarita. 

Comprised of an extremely active, well-connected group of professionals, the organization helps guide economic growth in Santa Clarita. Put simply, it’s focused on creating more high-quality jobs in the Santa Clarita Valley, said Holly Schroeder, who has been the President and CEO since the organization’s inception. 

The organization has had success attracting regional businesses such as Sunkist and Logix to headquarter in our community, bringing new high-paying jobs to our valley. It’s also helped local businesses such as Scorpion expand without leaving the community it calls home. 

Learn more about the five Santa Clarita industries at www.scvedc.org.

Meet the Tracy Team | Your Santa Clarita Realtors  

If you’re looking for a top rated realtor in Santa Clarita, look no further than The Tracy Team. No one knows Santa Clarita real estate better than Tracy Hauser and her team of enthusiastic real estate professionals, or as their clients would say, the top real estate agents in SCV. Whether you’re buying or selling, new to the process or a seasoned pro, the Tracy Team will walk you through your SCV real estate transaction with care, professionalism and a healthy dose of fun. Let a top real estate agent in Santa Clarita meet your needs with a smile because we always go the extra mile. We hope you’ll look to The Tracy Team for your Santa Clarita real estate agent, so we can show you what it’s like to work with trusted professionals who truly care about you

2020 Santa Clarita Real Estate Projections: Mortgage Interest Rates, The Local Market & National Volatility

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When should I buy a house in Santa Clarita? We sat down with local professional Keith Renno to discuss 2020 Santa Clarita real estate projections, mortgage interest rates and market volatility.

2020 Santa Clarita Real Estate Projections 

Mortgage interest rates are low, but volatility is high. Many Santa Clarita residents are wondering: Should I buy, or should I wait? How can I best prepare for the market volatility ahead? 

The Tracy Team, your Santa Clarita Realtors, sat down with Senior Mortgage Lender Keith Renno of Wintrust Mortgage in Santa Clarita to discuss future changes in mortgage interest rates, and the real estate market, as we look ahead to 2020. 

2020 Santa Clarita Real Estate Projections: Mortgage Interest Rates In Santa Clarita 

“Throughout the end of this year, and even going into 2020, we’ll see rates maintain the range they’re in right now, which is right around 4%,” Keith explained. “We’ve actually been a little under 4%, and it wasn’t too long ago we were in the mid-3% range. So I think we’ll be in the mid-3% to 4% range for the next 12 months.”

Keith continued to explain that, this time last year, rates were over 5%, so rates have come down a full percent in a year’s time — and some days, they’ve come down even more. 

“But it’s a very volatile market right now, and it’s going to be interesting to see how it all unfolds with the trade wars that are still actively going,” Keith said. “We also have an election year coming up, so there are a lot of unknowns out there.”

2020 Santa Clarita Real Estate Projections: The Santa Clarita Real Estate Market 

“Election years are a volatile time for the stock market and the real estate market,” explained Santa Clarita Realtor Tracy Hauser of The Tracy Team in Santa Clarita, “and the number one reason is uncertainty.” 

While we can expect more volatility and uncertainty in the markets, however, that doesn’t necessarily mean it’s going to be a bad time to buy — especially when mortgage interest rates are expected to stay low throughout next year. 

“During an uncertain market, there can be some beneficial opportunities for buyers if you find yourself in a position where you’re ready,” Tracy explained. “Sellers who are on the market in uncertain times are there for a reason — they need to go.” 

And whenever sellers are particularly motivated, it creates a window of opportunity for buyers who have prepared and positioned themselves well. 

2020 Santa Clarita Real Estate Projections: How To Win In A Volatile Market 

“Prepared, secure buyers who sit on the fence just because of uncertainty run the risk of missing out on some really good deals,” Tracy explained. “If you want to capitalize on a volatile market, however, then the payoff is all in the preparation, which is why we’re talking with an expert Santa Clarita mortgage lender like Keith.” 

The more educated you are, Tracy explained, the more informed you’ll be when the right opportunity comes along. 

“Talking to someone who has the knowledge and skill sets to help you structure your finances for a smart future purchase gives you a huge advantage in the upcoming market,” she said. “Plus, there’s no downside to be being prepared.” 

Even if you don’t buy next year, or even two years from now, it pays to prepare yourself by talking to a mortgage lender. That way, when you find an incredible deal on a home, you’ve already taken care of the hardest part of the whole deal — and you’re ready to pull the trigger before another well-prepared buyer sees the window.

“For most people, getting the loan is one of the most stressful parts of the process,” Tracy explained. “You don’t want to be told you can’t have what you want simply because you weren’t prepared.”

Meet Keith Renno | Wintrust Mortgage Lender

Continuously voted a Five Star Mortgage Professional, Santa Clarita Senior Mortgage Lender Keith Renno is in the top 1% of mortgage originators, closing more than $500 million in loans since 2010. 

Honesty and integrity, combined with Keith’s tenacity to provide exceptional customer service to business associates and clients, are the keys to his success. With clear communication and professionalism as a foundation, Keith and his team strive to build and maintain long-term relationships with their clients and associates.

Keith and his team are proud to be a part of Wintrust Mortgage, a division of Wintrust Financial Corporation, a multibillion-dollar financial services holding company that offers outstanding products and loan programs at today’s most competitive interest rates. 

Click here to learn more about Keith and his team, and talk to him about your 2020 Santa Clarita real estate projections. 

Meet the Tracy Team | Your Santa Clarita Realtors  

If you’re looking for a top rated realtor in Santa Clarita, look no further than The Tracy Team. No one knows Santa Clarita real estate better than Tracy Hauser and her team of enthusiastic real estate professionals, or as their clients would say, the top real estate agents in SCV. Whether you’re buying or selling, new to the process or a seasoned pro, the Tracy Team will walk you through your SCV real estate transaction with care, professionalism and a healthy dose of fun. Let a top real estate agent in Santa Clarita meet your needs with a smile because we always go the extra mile. We hope you’ll look to The Tracy Team for your Santa Clarita real estate agent, so we can show you what it’s like to work with trusted professionals who truly care about you.