SAVE THE DATE

Madera Chamber of Commerce Tourism Alliance Meeting

• July 7th 2009 8:30 - 9:30 A.M at the MCEDC Office
• August 4, 2009 8:30 - 9:30 A.M Location TBD
  

The Tourism Alliance works in partnership with the Yosemite Sierra Visitors Bureau to discuss strategies and promote tourism, agri-tourism and local businesses to Madera County visitors. Anyone interested in joining the Tourism Alliance is welcome to attend (you do not have to be a chamber member to join). Please contact the Madera Chamber for more information (559) 673-363.

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Ribbon Cutting Ceremony for Nemat Management Group
Friday, July 10, 2009
11:30 A.M. at 19225 Road 24, Madera
(Nearest cross street is Ave. 19)

MCEDC is proud to announce the Grand Opening of Nemat Management Group. The company relocated its operations from Hayward, CA to a new $2 million- 40,000 square foot facility in Madera.

Please RSVP to Julie Herd at jherd@maderacountyedc.com or call 559-675-5156.

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MCEDC Commissioner Meeting
July 8, 2009 3:00pm MCEDC Office

Madera County Economic Development Commission (MCEDC) will hold their quarterly Commissioners Meeting on July 8, 2009 at 3:00 p.m. at the MCEDC Office. 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.

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Free Score Workshop- “Show Me The Money”
Monday, July 20, 2009
Registration 8am, workshop 8:30-9:30 AM
Sierra Vista Mall- Community Room
1050 Shaw Ave. Clovis, CA 93612

Join SCORE and other business owners for a series of Four FREE interactive Workshops designed to help locally-owned businesses survive, thrive, and beat the financial challenges brought by the recession. SCORE Consultants will be available to meet with you one-on-one after the workshop. To register call William Hori: (559) 487-5605

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Featured Properties

Falcon Drive Building, Industrial Building, Madera

• Size:(2) 72,025 SF buildings
• Minimum Divisible Unit: +/- 9,000 SF
• Zoning: Industrial
• Status: Lease
• Clear Height: 21’ minimum
• Dock High Doors: (16) 9’x10’
• Roll-up Doors (ground level): (5) 12’x14’
• Fire Sprinkler System: ESFR

For more detailed information including pictures and a property flyer please click here or contact Julie at (559) 675-7768.

Alquist Industrial Building- Madera

• Size: 27,500 SF
• Acres:1.42
• Zoning: Industrial
• Status: Sale or Lease
• Price: $2,000,000
• Clear Height: 15’
• Sky Lights: 44 total
• Roll Up Doors (ground level): (11) 12’x14’
• Fire Sprinklers: Yes
• Electrical: 800 amps 120/208 volt, three phase main panel

For more detailed information including pictures and a property flyer please click here or contact Julie at 559-675-7768.

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Madera County Unemployment Rate

May 2009 Unemployment Rate

• Madera County 13.7%
• Central Valley (Avg.) 15.1%
• California 11.2%

*Central Valley counties include: San Joaquin, Stanislaus, Merced, Madera, Fresno, Tulare, Kings & Kern
Source: www.labormarketinfo.edd.ca.gov

Precision factory moves in
Madera Tribune

Hayward-based Nemat Management Group is moving into its new manufacturing plant on 10 acres at 19225 Road 24 in Madera. The manufacturing plant creates high-precision machining services through Computer Numeric Control devices with dimensions measured to the specifications of its customers. Read more.

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County okays 1,648-acre project
Madera Tribune

One of Madera County’s biggest planned unit developments gained approval from the Board of Supervisors. The development agreement for the 1,648-acre Tesoro Viejo project was okayed 4-1. On buildout, it would include as many as 5,100 homes and 3 million square feet of commercial and retail space. The land is east of state Route 41 between avenues 13 and 15, with frontage on the San Joaquin River. Read More

Valley poised for economic growth
The Business Journal

Recession in the Fresno area is expected to fade out in the third quarter of 2010, prompting an economic rebound led by the trade, transportation, utilities, financial activities, professional and business services sectors, according to a new economic forecast. Read more.

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STATE NEWS

California Association of Realtors- May sales and price report

The median price of an existing, single-family detached home in California during May 2009 was $267,570, a 30.4 percent decrease from the revised $384,540 median for May 2008, C.A.R. reported. The May 2009 median price rose 4.2 percent compared with April’s $256,700 median price.

“The statewide median price rose for the third consecutive month in May, posting the largest monthly increase on record for the month of May, according to statistics dating back to 1979,” said C.A.R. Chief Economist Leslie Appleton-Young. “Nearly all regions in the state reported positive month-to-month changes in median price. For the full report click here

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NATIONAL

Manufacturing index up to 42.8 in May
Associated Press

The decline in U.S. manufacturing slowed in May, a trade group reported and the sector is faring better than analysts had expected alongside similar reports from Asia and Europe. The Tempe, Ariz.- based Institute for Supply Management said its index on manufacturing came in at 42.8- its highest level since September-compared with 40.1 in March. A reading below 50 still indicates contraction, but the measure has been shrinking more slowly every month since December. Read more.

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Has the recession ended?
Central Valley Business Times

• Credit Managers say maybe
• “The recession essentially came to an end in February and March”

The worst recession since the Great Depression may have bottomed out, according to research by the National Association of Credit Management. The organization says its research first detected some upward movement in the economy in February and now has carried forward those gains for four straight months. “ The recession essentially came to an end in February and March of 2009,” says Chris Kuehl, NACM economist. Read more

RESOURCES

Small Businesses can apply for ACR Loans Beginning June 15-Sept, 30, 2010 (for as long as funding is available)
U.S. Small Business Administration

SBA will begin accepting loans for a temporary new program called America’s Recovery Capital (ARC). ARC loans of up to $35,000 are designed to provide a “bridge” for viable small businesses with immediate financial hardship-to keep their doors open until they get back on track. For more information visit SBA’s website at www.sba.gov

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