Madera EDC Newsletter

NOVEMBER 2009

Vol. 4, Number 11

Madera County E-BIZ

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
Wednesday, November 4, 2009 at 7:00 AM
Madera Municipal Golf Course

GMCIA Logo

Madera Manufacturer’s, please attend the upcoming Greater Madera County Industrial Association (GMCIA) meeting on November 4, 2009 at 7:00 am, located at the Madera Municipal Golf Course

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

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Madera County 2009 Economic Summit
Wednesday, November 18, 2009 from 11:30-1:30
Madera Municipal Golf Course

Guest speakers at this year’s luncheon will be John Stewart from Grubb Ellis Pearson Realty and Keynote speaker Dr. Joseph Penbera, Economist.

THANK YOU TO OUR SPONSORS: Citizens Business Bank, Florestone, North Fork Mono Rancheria, Wells Fargo, Grubb & Ellis Pearson Realty, Georgia Pacific, Span Construction, Zelman Development, GMCIA.

Contact Madera County EDC to reserve your tickets; (559) 675-7786 or email lgrow@maderacountyedc.com

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Innovative Rotational Molding (IRM) Ribbon Cutting
Friday, November 20, 2009

Office Space

2300 W. Pecan Ave., Madera, CA 93637

11:30 AM- Ribbon Cutting
4:00 PM- Open house and Plant Tours
Click here for the event flyer

Please RSVP to Julie Herd at jherd@maderacountyedc.com or call 559-675-7768

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Featured Properties

Available Space

Former Savemart Building, Chowchilla

Address: 1702-1780 Robertson Blvd.
Square Feet: 29,000
Status: Lease
Price: $0.60 per sq. ft. + NNN (Triple Net)
Parking: 300 spaces
Description: Former Savemart building, neighboring tenants include: Subway Sandwiches, Curves Fitness, Blockbuster Video, Rite-Aid Pharmacy and many others.

For a map of the shopping center layout please click here or contact Julie at (559) 675-7768.

Madera County Industry Statistics

Total Base (Sq. Ft.)	Total Vacancy (Sq. Ft.)	Vacancy Rate	Avg. Asking Rental Rate
6,997,514	843,025	12.3%	$0.36

Source: TK Consulting- Tami Katuin, Independent Real Estate Marketing Consultant

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September 2009 Unemployment Rate

Madera Unemployment

Madera County 12.3%
Central Valley (Avg.) 14.5%
California 12%

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

Yosemite National Park Featured on new quarter

U.S. Mint says it is part of its “Beautiful Quarters” Program
“The designs will help reinvigorate interest in our national parks”

Yosemite National Park will be the third national park to be included in a new quarter-dollar coin program that launches next year, according to the U.S. Mint. The “America the Beautiful Quarters Program” is a multi-year initiative that is scheduled to see the minting of 56 circulating quarter-dollar coins with reverse (tail side) designs emblematic of a national park or other national sites in each state. Read more

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The good, the bad, the fast
High Speed Rail may bisect cities
The Madera Tribune

If a proposed heavy maintenance facility for the state’s High Speed Rail System is located in Madera County, the benefits could include 5,050 new jobs, dozens of new peripheral industries, some $48 billion in new local business and more than $45 million annually in new tax revenue for the county and its two incorporated cities. Read more.

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Sierra Nevada Tourism Web site awarded $205K
The Business Journal

The Federal Highway Administration awarded $205,000 for a local project’s efforts to promote tourism in the Central Sierra Nevada. The recently launched Sierra Nevada Geotourism Mapguide project was just one of 160 projects nationwide to receive a portion of the $40.7 million released by the Federal Highway Administration to promote and conserve roads designated as scenic or historic byways.

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STATE

California gets Federal Stimulus money for solar jobs training
Central Valley Business Times

Department of Energy sends $3.5 million to state
To be spent on developing a training plan

The California Solar Training Partnership has received $3.5 million of federal stimulus money through the U.S. Department of Energy to develop a regional solar jobs resource and training center. Read more

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Despite its woes, California is still the most popular state
Central Valley Business Times

Florida, Hawaii, Texas and Colorado are runners up
Seventh year at the top for California

For the sixth year in a row, California tops the list of states that Americans would choose to live in if they did not live in the states where they are now. Florida, which was the most popular state in 2001, retains second place on the list and Hawaii is number three. Read more

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RESOURCES

Madera County Home Care Guide & H1N1 Information
Madera County Health Department

Madera County Public Health has placed a Home Care Guide onto their Public Health web page. The guide provides important information regarding the H1N1 Influenza..
Click here to view the guide. (It may take a few seconds to open)

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PG&E Offers Storm Preparation for Customers
PG&E

PG&E During a storm, the combination of strong winds and heavy rain could result in trees, tree limbs and other vegetation coming into contact with overhead power lines and interrupting electric service to customers. If customers experience a power outage, they should call PG&E’s outage information line at 1-800-PGE-5002 to report the outage or to get updates on power restoration efforts in their area. Click here for a list of safety tips during a storm.