Attention Manufacturer's- GMCIA Meeting
Wednesday, June 9th, 2010 at 12:00 PM
Madera Municipal Golf Coursee

Madera Manufacturers, please attend the upcoming Greater Madera County Industrial Association (GMCIA) meeting on June 9th, 2010 at Noon, located at the Madera Municipal Golf Course.

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

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2010 BUSINESS EXTRAVAGANZA & TRADE SHOW
Thursday, June 17, 2010
from 4:00 to 8:00 p.m.
Madera District Fairgrounds - Hatfield Hall, Van Alen Hall & Patio

Admission to the event is open to the public. FREE tickets will be available at the Chamber office and from our Sponsors. Admission at the gate is $6.00; so don't miss out on your opportunity for free admission by visiting the sponsors. For more information please visit the Madera Chamber Website at www.maderachamber.com

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MCEDC Commissioner Meeting
July 14, 2010 3:00pm MCEDC Office

Madera County Economic Development Commission (MCEDC) will hold their quarterly Commissioners Meeting on July 14, 2010 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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Featured Property

The Final Approach Business Center, 2801 Airport Drive, Madera, CA 93637 - "The only office location at the Madera Airport"

• Two story office building on an one acre site
• Approximately 5,000 square feet of office space
• Building includes 8 suites and a conference room
• The location includes a 3,900 sq. ft. hangar adjacent to the building
• Hangar provides space for multiple aircraft allowing 65ft. x 60ft. dimensions
  
• Hangar door measures 58ft. wide by 18ft. high
• Distance to Highway 99: 1 mile

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

To view MCEDC's property database please click here

Property information was gathered from sources deemed reliable. MCEDC is not responsible for inaccuracies.

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“New Quarterly Report”
Madera County Industry Statistics – First Quarter

Source: TK Consulting - Tammy Katuin, Independent Real Estate Marketing Consultant, click here to see full report.

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Madera County Unemployment Rate
Source

• Madera County 16.3
• Central Valley (Avg.) 17.4
• California 12.3

For Madera County cities and Census Designated Places click here

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

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LOCAL NEWS

Ribbon Cuttings

• Central Valley Community Bank- Oakhurst
• Quality Machinery Center (formerly Newcomb Tractor)- Madera
• John W. Wells Youth Center- Madera

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Madera Youth Center's Opening
Madera Tribune

"This truly is an exciting time for Madera, the Youth Center, the people associated with it as well as the programs involved, will provide Madera's youth an opportunity to dream and vision their future." – Michael McHatten, City of Madera-Director of Administrative Services Read more

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Opening for new sheriff / fire stations
Sierra Star

A ribbon cutting ceremony and open house will take place on June 1 for the new $4.96 million Madera County Sheriff's Department substation and Madera County Fire Station No. 12 west of Oakhurst. The complex includes the 9,600 square foot substation, a 1,500 square foot sheriff's department evidence garage and the 6,000 square foot fire station. Read more

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Madera Council Endorses Route A1
Madera Tribune

The Madera City Council has decided to back the route for the proposed California High-Speed Rail tracks that would run east of the city, along the Burlington Northern Santa Fe Railroad right-of-way (A-1 route). Read more

*Other A1 Endorsements include; Chowchilla City Council, Chowchilla District Chamber of Commerce, Madera District Chamber of Commerce and Madera County EDC.

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California's jobless rate stalls at 12.6 percent
The Sacramento Bee

Haunted by the housing bubble and chained to a yawning state budget deficit, California's job market continued to trail the nation's last month. The state's unemployment rate stalled at a record 12.6 percent. Employers statewide added 14,200 workers in April, the Employment Development Department said. Read more

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STATE

Foreclosure filings drop in California
Central Valley Business Times

• Central Valley sees declines in every county

Foreclosure filings were down in April in California for the first time since the beginning of the year. But despite the decline in filings, the inventory of properties in preforeclosure or scheduled for sale only dipped slightly as the drop in filings were offset by an increase in the time to foreclose, according to a report from ForeclosureRadar Inc. To see a table of Central Valley historical rates click here.

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California's median home price jumps 14.3% in March
LAtimes.com

The median price paid for a California home in March jumped 14.3% compared with the same month last year, reflecting a reduction in the number of foreclosure properties on the market and the comeback of higher-priced coastal area. The San Francisco Bay Area sees a 31% median-price gain. Read more

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BUSINESS

ADS Furthers Expansion in Concrete Products
Piedmont Concrete in Charlotte, NC Acquired
ADS Press Release

With the goal of providing customers with a total product line offering, Advanced Drainage Systems, Inc. (ADS) announced it has acquired Piedmont Concrete (Pineville, NC), a manufacturer of pre-cast sanitary and storm water structures. The latest acquisition follows the April 2010 purchase of the Foltz Concrete Pipe Company of Winston-Salem, NC. Click here for press release

Advanced Drainage Systems (ADS) has a manufacturing plant located in Madera and employs an estimated 100 people.

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RESOURCES

Madera County Customer Service Nominations
Yosemite Sierra Visitors Bureau

The Yosemite Sierra Visitors Bureau, in partnership with the Chowchilla District Chamber of Commerce, Madera District Chamber of Commerce and Oakhurst Chamber of Commerce are partnering to recognize businesses and employees who go out of their way to make their customers smile. Please take this opportunity to nominate a Madera County business and/or employee that offered a high level of quality customer service during a business exchange. We would like to recognize service efforts and share their example. Click here for a nomination form.

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Resource links for financial aid and business advice

• Fresno County SCORE
• U.S. Small Business Administration, Fresno office
• Madera County Tools for Business
• Cen Cal Business Finance Group

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