Local Business News Section



Record set for film permits in April
The city's film office issued 31 permits in April, making it the best April on record.
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Business briefs
ADPROS to hold meeting today
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Business briefs
B&B company hosts job fair
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Santa Clarita has state's best economic program
The city of Santa Clarita has been awarded the grand prize for best economic development program in the state of California for its tourism program. This marks the second year in a row that the city has won the honor. According to a release from the city, Santa Clarita's tourism program has been successful in positioning the city as a "lifestyle" destination to attract regional visitors via event tourism, both through sporting events such as Amgen Tour of California and the AT&T Champions Classic, as well as other cultural events. Economic impact from these events reportedly generates more than $10 ...
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Six Flags' profits rise 35%
Six Flags' profits rise 35%
Six Flags, Inc. announced its first quarter results Thursday, reporting that total revenues of $68.2 million increased 35 percent over the prior-year quarter, while total attendance grew by 19 percent to more than 1.4 million. The company, which is headquartered in New York City and oversees Six Flags Magic Mountain in Valencia, attributes the increase in attendance to the timing of Easter, which shifted from the second quarter in 2007 to the first quarter in 2008. The first quarter, which ended March 31, also saw an increase in guest spending across the board, including admissions, food and beverage, rentals, retail, ...
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Focusing on digital camera education
Finding the right digital camera, taking the best photos and uploading the captured memories can be an intimidating and confusing task. But Dave Weathers hopes to eliminate those hassles with the digital arts classes now being taught at his Canyon Country photography studio, Timbuktu Studios. Weathers, a digital arts and photography veteran, said his classes are aimed at anyone interested in learning how to navigate through the digital world, ranging from soccer moms and dads to kids and students. "There are so many things to teach," Weathers said. Currently, Timbuktu Studios, which includes studio space rented out for photo sessions, ...
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Business briefs
Vino 100 Valencia celebrates teacher appreciation week
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Rattlesnake Slim’s: Keeping it Western
Rattlesnake Slim’s: Keeping it Western
When it comes to running Rattlesnake Slim's, Gordon Mehterian wants to keep it as real as possible. Mehterian, who owns the Newhall coffee, tea and tack shop with wife Gina, makes sure that everything from the organic coffee and freshly brewed tea served to the weekend jam sessions are authentic. The store, which had an official grand opening last week with the Santa Clarita Valley Chamber of Commerce, is heavily decorated to illustrate Western heritage. Above the on-sale bridles, saddles and other horse equipment hang paintings of Western legends and cowboys. Display cases at the cash register show off various ...
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Bank of Santa Clarita’s assets increase
Bank of Santa Clarita reported assets of $134.6 million for the first quarter of 2008.
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Business briefs
7-Eleven opens Bouquet Canyon location
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Auto dealer offers prize money to schools buying most cars
Santa Clarita Valley students and parents can earn points and prize money for their schools by test driving and buying cars at any Valencia Auto Center dealership during the month of May. Labeled "Be Cool to My School," the test-drive rally of the Santa Clarita Valley Auto Dealers Association will award $1,000 each to the elementary, junior high, and senior high schools whose parents and students (over the age of 18) earn the most points by test driving and buying cars. One hundred points will be given for each test drive, and 1,000 points will be given for each auto ...
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Hurricane Harbor opens this weekend
Hurricane Harbor opens this weekend
Six Flags Hurricane Harbor will mark the start of its 14th season on Saturday with the Polar Plunge, an annual benefit for the Special Olympics. Next door to the Valencia water park, Six Flags Magic Mountain is preparing to debut its summer mystery show while working to remain a fun destination for families despite a slow economy. Hurricane Harbor Participants in the Polar Plunge, currently in its third year, will dip in the Forgotten Sea Wave Pool with more than 480,000 gallons of water and a constant tide of two-foot waves. Polar Plunge, set to begin at 9 a.m., is ...
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SCV home sales on rebound
Home and condominium sales in the Santa Clarita Valley were on the increase in March, despite a continuing overall slowdown in the market, according to the Southland Regional Association of Realtors. The median selling price for a home and condominium remains on the decline, although the number of pending escrows has risen, according to the association's figures. A total of 151 single-family homes closed escrow during March, up 31.3 percent from February when 115 homes sold, the association reported Tuesday. However, March activity was down 42.1 percent when compared to a year ago, even as the association reports that home ...
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Business briefs
Bank president/CEO nominated for Ernst & Young award
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Learning to mix the perfect drink
Learning to mix the perfect drink
For Richard Gilroy, mixing the perfect drink is similar to a gourmet chef preparing a decadent meal. "It's very scientific," said Gilroy, who is more commonly known as Richard G. The mixologist with three decades of experience sees making a drink as a skillful process that involves a proper order and the correct temperature of every ingredient. "These are chemicals," he said, explaining that the alcohol-based ingredients will diffuse to change the drink's flavor when mixed correctly. The result: One tasty drink to be enjoyed. It's that scientific thinking that Richard G applies to the University of Mixology, a bartending ...
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Author's new book is for jerks
Author's new book is for jerks
John Klymshyn wants to get past the stereotypes people have about sales.
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Business briefs
Newhall Memorial to host open house
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Local Jaycees pick up national award
Local Jaycees pick up national award
For the second year in a row, the Santa Clarita Valley Jaycees have picked
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Budget coach offers 'shoestring' seminar
Craig Duswalt will hold a free seminar, "Marketing Your Small Business on a Shoestring Budget" at the Hyatt Valencia Grand Ballroom from 9 to 11 a.m Friday. He will also release new books from his One-Hour Book Series. The books are designed to be read in about an hour. The initial books in the series include, "Marketing Your Small Business on a Shoestring Budget," "Creating Wealth on a Shoestring Budget" and the eBooks, "Outsourcing Your Life on a Shoestring Budget" and "Outsourcing Your Small Business on a Shoestring Budget." The two-hour seminar will also launch his U.S. speaking tour in ...
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Business briefs
Center Pointe sale completed
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Business briefs
Open house for local business
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O'Brien Marketing lands deal with Chivas USA
O'Brien Marketing scored a goal this month when it became the exclusive media buying agency for Chivas USA of Major League Soccer. The agreement allows O'Brien Marketing to handle all the media buying strategies, negotiations and execution for the 2007 Western Conference Champions with English and Hispanic media outlets. C. Patrick O'Brien, owner of the Valencia marketing firm, considers the agreement to be a major accomplishment, especially for a local business. O'Brien Marketing officially opened its office on Avenue Stanford in the beginning of February. Until then, O'Brien said he worked from his home office in Stevenson Ranch. Before launching ...
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New sponsor for Farmers' Market
New sponsor for Farmers' Market
Whole Foods Market in Valencia has partnered with the city of Santa Clarita to become a co-sponsor of the Farmers' Market in downtown Newhall, which returns to Market Street today. The sponsorship between the city and Whole Foods, an Austin, Texas-based retailer of natural and organic foods, is designed to stir an interest in the open air market from all areas of the Santa Clarita Valley, explained Phil Lantis, arts and events administrator for the city. "It's meant more as a city-wide and community-wide event," he said. Lantis also hopes that this year's market will see an increase in the ...
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Hard times for furniture stores
As a store manager for Granada Furniture, Joe DiVirgilio believes business at his Canyon Country furniture store has slowed down as a result of the current slump in the housing industry. "There's no question about it," he said, referring to the effects of the "subprime problem" on furniture sales. Now, after nearly 30 years in Santa Clarita, Granada Furniture is going out of business. "We announced in January that we'll be out of here by the end of the summer," he said. To clear out its inventory, the business has reduced its prices. Banners and painted windows outside hope to ...
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Business brief: VIA luncheon to discuss statewide education cuts
Two local school leaders will discuss the impact of the proposed statewide budgets on the Santa Clarita Valley's educational institutions during the Valley Industrial Association's luncheon scheduled for 11:30 a.m. on April 15. The monthly luncheon, which will take place at the Hyatt Valencia, features speakers Jaime Castellanos, superintendent of the William S. Hart Union High School District, Barry Gibbons, assistant superintendent and vice president of institutional development, technology and online services for College of the Canyons and Eric Harnish, special assistant to the superintendent/president and director of external relations. The keynote discussion is intended to explore steps the business ...
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Foreclosure rate lower in SCV than other areas of state
The number of foreclosures in the Santa Clarita Valley is relatively low when compared to other parts of Southern California, according to an economist with the California Economic Forecast. Statewide, high rates of foreclosures are usually seen in areas with new home production, first time entry level buyers and lower price home markets, along with potential buyers who purchase homes with subprime loans, explained Mats Olsen, an economist. Olsen points out that the Santa Clarita Valley is "affluent" and adds that there hasn't been quite as much new home production nor has the area seen entry level first time home ...
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Home sales in SCV slightly better
While home sales in Santa Clarita Valley continue to remain at an overall low when compared to previous years, there was an increase in the number of transactions for single-family homes and condominiums between January and February, according to a report from the Southland Regional Association of Realtors. A total of 115 single-family homes closed escrow during February. This number is 60 transactions lower than February 2007, but represents a 16.2 percent increase compared to the record-low 99 transactions that closed escrow in January, according to the report. "Business has definitely picked up compared to December and January," said Doreen ...
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Business briefs
VIA hosting open house
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Business briefs
Property sales in Valencia finalized
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Lennar sees 62 percent drop in revenue for first quarter
Lennar sees 62 percent drop in revenue for first quarter
Lennar Corporation, one of the nation's largest homebuilders and partial owner of The Newhall Land and Farming Co., reported a first quarter net loss of $88.2 million, or 56 cents per diluted share, on Thursday. The first quarter net earnings in 2007 were $68.6 million. Overall revenues for the first quarter, which ended Feb. 29, reached $1.1 billion, down 62 percent, according to a statement. Revenues from home sales for the Miami-based company decreased 64 percent in the first quarter to $953.1 million from $2.6 billion in 2007, according to a statement. Revenues were lower primarily due to a 60 ...
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