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Inward Investment Guides

Front Line: Metro Areas Join in Export Initiatives

Karen Thuermer (Q2 2015)
To date, 28 cities across the country have come together under a pilot program called the Global Cities Initiative (GCI) to develop their foreign direct investment plans and volume of exports. More

U.S. Labor: Satisfying Foreign Investors’ Needs

Steve Stackhouse-Kaelble (Location USA 2015)
Although the labor environment varies from state to state, foreign companies choosing a U.S. location are finding competitive wage rates, quality training resources, and workers eager to join their labor forces. More

How U.S. States are Targeting Foreign Direct Investment

Thomas J. Stringer, Esq., Principal, Site Selection & Business Incentives, Ryan & Company (Location USA 2015)
State and regional economic development organizations are developing a variety of strategies to market their best assets, build relationships, and improve their business climates to attract FDI. More

Public Power Communities Shine the Light on Innovation

Mark Crawford (Q1 2015)
Public power utilities, which are owned by the communities they serve, have an inherent interest in helping those communities to innovate and prosper. More

Building a Sustainable Labor Pipeline

Matt Jackson, Managing Director, JLL (Q1 2015)
More companies are thinking through the long-term goals of training a sustainable supply of labor, and maintaining a productive workforce as manufacturing technology continues to evolve. More

Front Line: High-Speed Rail Spurs Economic Development

Mark Crawford (Q1 2015)
Economic benefits include construction and operations jobs and manufacturing and supply chain opportunities. More than 25 rail manufacturing companies and suppliers have committed to expanding their U.S. operations if their bids are selected for building high-speed rail systems. More

Shale Oil & Gas Development Changing the Way the Nation Does Business

Charlotte Batson, Owner and Principal, Batson & Company (Q1 2015)
The development of oil and gas resources is driving infrastructure and manufacturing location decisions, while boosting U.S. competitiveness. More

Expanding the Cloud: The Top Data Center Markets in North America

Area Development Online Research Desk (Data Centers 2015)
The data center market is seeing high demand and low price. The competitive pricing is due in part to the large number of options available, yet the industry is expected to enjoy 32 percent growth in North America by 2016, ultimately becoming a $14.8 billion market. More

california at a glance

POPULATION: 37,690,000 (California Department of Finance)

LABOR FORCE: 18,668,100 (September 2014)

RIGHT TO WORK: No

TRADITIONAL INDUSTRIES: Services, finance/insurance/real estate, manufacturing, retail trade, wholesale trade, construction, agriculture/food processing

EXPANDING INDUSTRIES:Green technology, high-technology, Internet/web-based industries, biotechnology, telecommunications, healthcare technology, multimedia, entertainment, environmental technology, information technology, diversified manufacturing, transportation/logistics, value-added agriculture

COLLEGE GRADUATES: (Age 25 and over) 29.4%

BASIC BUSINESS TAXES:
Corporate Income Tax: 8.84 percent of net income

Sales and Use Tax: 7.25 to 9.25 percent

Property Tax: Assessed and collected locally by county governments; some cities and special districts collect their own taxes for purposes such as street improvements; average tax rate is 1.1 percent of fair market value

BUSINESS INCENTIVES
CALIFORNIA’S ECONOMIC DEVELOPMENT INITIATIVES, PROGRAMS AND RESOURCES INVESTMENT SERVICES
Incentive Analysis
Site Selection
Facilitation

TAX CREDIT PROGRAMS
Governor’s Economic Development Initiative
New Employment Credit
(Partial) Sales Tax Exemption for Manufacturing and R&D
California Competes Credit
California Research Credit
California Film & Television Credit
(Full) Sales Tax Exclusion

FINANCING PROGRAMS
CalCAP
[NEW] CalCAP Collateral Support
Industrial Development Bonds
Small Business Loan Guarantee Program

ENERGY AND ENVIRONMENT PROGRAMS
GO Solar California
Self-Generation Incentive Program
Energy Innovations Small Grant Program
Electric Program Investment Charge
Alternative and Renewable Fuel and Vehicle Technology Program
Hybrid and Zero Emission Truck and Bus Voucher Incentive Program
Air Quality Improvement Program Clean Rebate Project
Carl Moyer Memorial Air Quality Standards Attainment Program Providing Loan Assistance for California Equipment Program
Pollution Control Financing
Recycling Market Development Zones Revolving Loan Program
Beverage Container Recycling Grants
Cleanup Loans and Environmental Assistance to Neighborhoods Loan Program
Brownfields Revolving Loan Fund Program
Tire Equipment Loan Program

WORKFORCE DEVELOPMENT
Employment Training Panel
Workforce Investment Board
Department of Education - http://www.cde.ca.gov/eo/in/

PERMIT ASSISTANCE
GO-Biz Permit Assistance Unit
Consolidated Permitting Program
CalGOLD

INTERNATIONAL TRADE
GO-Biz International Trade Unit
China-CA Trade Office
State Trade Export Promotion Program
California Special TEA for EB-5 Program
California Investment Solicitation Program

Principal Manufacturing industries

  • Computer & Electronic Products
    21.1%
  • Food
    12.6%
  • Fabricated Metal Products
    9.4%
  • Transportation Equipment
    8.7%
  • Chemical Manufacturing
    5.9%
  • Machinery
    5.4%
  • Apparel
    4.9%
  • Printing & Related Support Activities
    3.6%
  • Furniture & Related Products
    2.7%
  • Nonmetallic Mineral Products
    2.4%
  • Other Manufacturing Industries
    23.3%