Market Report: Innovations in Food Processing Help to Meet Economic Challenges

Mali R. Schantz-Feld (Q2 / Spring 2013)

While food processors are not sugar coating the realities of the evolving economy, they continue to devise ways to make it more palatable. More

Regional Review: Pacific States Show Their Prowess in Advanced Technologies

Dan Calabrese (Location USA / April 2013)

While natural resources, particularly in the area of energy, serve as a lynchpin for the Pacific States, international investors are showing strong interest in the region — moving forward on projects that involve advanced technology, medicine, energy systems, and more. More

The Top-10 Cities for Life Sciences Companies in 2013

Area Development Online Research Desk (March 2013)

JLL’s second annual life sciences cluster report ranks top-10 cities for life sciences companies in 2013. More

The States Leading the U.S. Manufacturing Resurgence

Mark Crawford (Q1 / Winter 2013)

Exhibiting know-how and innovation, U.S. manufacturers are adding to their payrolls and economic growth across the nation. We have identified 19 states where manufacturing is leading the way... More

Market Report: Life Sciences Site Selection Focused on Smaller Cities, Access to Innovation and Incentives

Richard McBlaine, International Director, Solutions Development & Chairman - Strategic Consulting, Jones Lang LaSalle, Jones Lang LaSalle (Q1 / Winter 2013)

North American life sciences companies are shuffling and right-sizing their footprints to maximize ROI in R&D and other corporate functions and, increasingly looking toward smaller metropolitan areas with rising industry influence. More

In Focus: Intelligent Communities Provide a Positive Environment for Business Growth

John G. Jung , Co-Founder, Intelligent Community Forum (Q1 / Winter 2013)

Intelligent Communities are differentiating themselves with a culture that uses smart technologies in creative and innovative ways — creating a key competitive advantage that in turn attracts investment and promotes economic growth. More

2013 Real Estate Outlook Part I: Ecommerce Requirements Drive Demand for New Generation Industrial Space

Craig Meyer, Executive Managing Director and leader of Jones Lang LaSalle’s Logistics and Industrial Services group, Jones Lang LaSalle (Q1 / Winter 2013)

Growth in “e-tailing,” as well as Class I railroad investment, is having a noticeable impact on the demand and development of industrial space. More

The Return of Technology Clusters to the List of “Best-Performing Cities”

Area Development Online Research Desk (February 2013)

Milken Study Highlights Metros Recovering Most Quickly from the Economic Recession and Growing Their Economies. More

LINK: Best-Performing Cities 2012: Where America's Jobs Are Created and Sustained - Milken Institute

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california at a glance

POPULATION: 37,254,000 (U.S. Census)

LABOR FORCE: 18,268,700 (July 2010)

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/webbased 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
R&D tax credits (15 to 24 percent)

Industrial Development Revenue Bonds

California Employment Training Panel

California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA)

Designated incentives:
• Enterprise zones (42 statewide)
• Recycling Market Development Zones
• Foreign-trade zones
• Manufacturing Enhancement Areas
• Local Area Military Base Recovery Areas (LAMBRAs)

Small business:
• Small Business and Disabled Veteran Business Enterprise (DVBE) program
• 5% bid preference on applicable state solicitations for small businesses
• 25% small business participation goal on state contracts