JANUARY 2008
Vol. 3, Number 1
MCEDC logo
Madera County E-BIZ

Happy New Year!

Welcome to Madera County Economic Development’s E-BIZ! On a monthly basis, our online Newsletter covers important local, regional and national news that impacts our local economy.  E-BIZ reports on new projects and events in our cities and towns and keeps readers up to date on the state of the region’s economy.  News about your business is always welcome. Please send items, questions, comments, or suggestions to the Madera County EDC at info@maderacountyedc.com or visit our Web site at maderacountyedc.com

SAVE THE DATE

Attention Manufacturer's- GMCIA Meeting
January 9, 2008  
 
GMCIA Logo

Madera Manufacturer's, please attend the upcoming Greater Madera County Industrial Association (GMCIA) Meeting on January 9, 2008 at 7:00 a.m. , located at the Madera Municipal Golf Course.

For more information, contact Shirley Driggs at 559-673-8496.

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MCEDC Commissionner Meeting - January 9, 2008  

Madera County Economic Development Commission (MCEDC) will hold their quarterly Commissioners Meeting on Wednesday, January 9, 2008 at 3:00 p.m. at the Madera County EDC office located at 2425 W. Cleveland Ave. The public is welcome to attend MCEDC's Commissioner Meetings.  This is a great opportunity to meet Economic Development staff and learn more about the mission and services that MCEDC provides.

Note: MCEDC requests that presentations are no longer than 3-5 minutes.

Business Finance Workshop - January 16, 2008

Lyles Center LogoThe Lyles Center and Madera County EDC will be hosting a Business Financial Workshop at the Madera Community College Center located at 30277 Ave. 12, from 7:30 a.m. to 10:00 a.m. The focus of the workshop is to inform business owners in Madera County about financial resources and programs that are available and the preparation required to take advantage of these financial resources.  In order to attend please RSVP to Kristine Walter at CSUF Lyles Center email kristinew@lylescenter.com or phone (559)347-3924. Click here for sponsor and event info…

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West Pack Tradeshow- Free Registration - January 29-31, 2008 Anaheim Convention Center

West Pack 2008 ExhibitionMCEDC would like to offer you Complimentary Registration to West Pack Tradeshow and free admission to seven co-located manufacturing shows: Automation Technology Expo West, Electronics West, Green Manufacturing Expo, Medical Design & Manufacturing West, Pacific Design & Manufacturing Show, PlasTec West, PTX West. If this show interests you please take advantage of this opportunity.  We would be happy to have you as our guest! 

MCEDC will be exhibiting at this tradeshow in an effort to recruit manufacturers to Madera County. The tradeshow attracts national manufacturers and processors that represent a wide range of industries: Aerospace/Defense, Automotive, Bakery & Snack Foods, Beverage, Chemicals/Allied Products, Cosmetics/Personal Care, Electronics, Food & Related Products, Household Products/Appliances, Industrial Products, Instruments/Controls, Medical Devices, Pet Products, Pharmaceutical/Nutraceutical, Printing/Publishing, Toys & Games and many more.

(Please click on the West Pack event logo above to register, no promotional code is required)

Valley Business Conference 2008
February 28, 2008
7:30 A.M. – 2:00 P.M.

Be a part of the largest regional business conference in the San Joaquin Valley. Valley Business Conference 2008 “Succeeding with Global Challenges” will be held at the Fresno Convention Center Exhibit Hall, 848 M Street, Fresno. Conference speakers are Ephren Taylor and Keynote Speaker Moises Niam. Admission is $75 at the door or you can send a check to Valley Business Conference, 2331 Fresno Street Fresno, CA 93721.

For more information and conference registration please Click here or contact Angela at 559-495-4813.
Speaker Bios Click Here

Madera County Unemployment Rate

The unemployment rate in Madera County was 7.7 percent in November 2007, up from 6.8 percent in October 2007, and above the year-ago estimate of 6.6 percent. This compares with an unadjusted unemployment rate of 5.6 percent for California and 4.5 percent for the nation during the same period. Click here

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LOCAL NEWS

New Plans for Old Mill Site in North Fork
The Business Journal

Old Mill Site

Grubb and Ellis Pearson Commercial recently began the marketing campaign for the Old Mill Site in North Fork of Madera County. The Project is being done in cooperation with North Fork Community Development Corporation for a negotiable $6 million sales price. Read more….

Grant aids Madera Ranch water bank
Nearly $300,000 given to fund an environmental study.

Fresno Bee

The Madera Irrigation District won a key federal grant needed to begin an environmental study of its plan to bank farm water beneath the district’s Madera Ranch property. Read more….

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STATE NEWS

Assembly approves health insurance
Central Valley Business Times

Health InsuranceThe California Assembly has approved AB 1X, a bill that would make employers offer health insurance to their workers or pay into a state purchasing pool that would.
Read more….

NATIONAL NEWS

Commercial Real Estate: The Next Shoe to Drop?
The nonresidential property market had, until recently, resisted the bug that hit housing. But things are changing quickly.

Kiplinger Business Resource Center

The weakening economy and turmoil in the credit markets are combining to create stormy weather in 2008. The issuance of bonds backed by commercial assets such as office buildings and shopping centers is plunging, from around $200 billion this year to about $110 billion next year.
Read more….

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MANUFACTURING

Sealed Air completes acquisition of Dow Chemical’s Ethafoam Business
Sealedair.com

Sealed Air Corporation announced today that it has completed the acquisition of certain assets relating to the Dow Chemical Company’s Ethafoam and related polyethylene foam product lines, further accelerating sales and expanding its global presence in specialty materials. According to Sealed Air the acquisition will have no impact on the Madera Manufacturing Plant.
Read press release….

Madera’s B-K Lighting expands its operations
The Business Journal

Recently the Valley-based company expanded its operations from an approximate 30,000 square foot factory to an 80,000 square foot compound. Included is two associate companies: TEKA Illumination and Star Finishes, Inc. Read more….

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Reality sets in for ethanol as prices fall, investors sell
Fresno Bee

Ethanol PlantPacific Ethanol Inc. announced that a difficult market for ethanol producers had forced it to halt construction of a plant in California’s Imperial Valley. Shares of the Sacramento-based owner of ethanol plants in Madera County and in Oregon have dropped from a mid-2006 high of $44.50 to less than $5 last month. Read more….

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Madera’s Evapco West plans to expand its operations and jobs
Division of Maryland company will add production offices, truck loading docks, and manufacturing equipment.
Fresno Bee

Evapco LogoA Madera manufacturer of industrial cooling towers is expanding its operation and adding 30 to 40 jobs over the next two to three years. Evapco West is adding a 49,000 square foot manufacturing building and about 160,000 square feet of concrete and asphalt storage and parking areas.
Read more….

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In This Issue
Save The Date
Contact

Madera County EDC
2425 W. Cleveland Ave., Suite 101
Madera, CA  93637
559-675-7768
www.maderacountyedc.com

Past Newsletters
Please click the below links to see a .pdf of our past newsletters:

Spring 2007
Click Here

Winter 2007
Click Here


Newsletter Ideas
If you have a story that you think might be of interest, please contact:

jherd@maderacountyedc.com
 
Bobby Kahn, Executive Director
Madera County EDC