SCV’s Major Business Sectors and Industry Coalitions

By Holly Schroeder President & CEO of SCVEDC The Santa Clarita Valley is home to a wide array of companies, many of which belong in what economic development professionals call “industry clusters.” The Santa Clarita Valley Economic Development Corp., or SCVEDC, employs a cluster-based job creation and retention strategy and targets companies in the following clusters: advanced manufacturing, aerospace and defense, biotechnology and medical devices, digital media and entertainment, information technology and headquarters and professional services. SCVEDC has two industry coalition groups to support our aerospace and defense and medical device sectors. The Aerospace and Defense Coalition (ADC) is made up of over 80 SCV companies that do business in the aerospace and defense supply chain. Our market access, advanced workforce, unmatched quality of life and the presence of local, high-growth firms will continue to propel future growth in this industry. The Santa Clarita Valley also enjoys a reputation as a national leader in the discovery and engineering of life-saving advancements in the medical device field. Santa Clarita Valley’s strong private sector presence in medical devices, especially the abundance of researchers and other skilled professionals, is an incredible asset for the area. Here are a just few ways SCVEDC works to support the aerospace and defense and medical device coalitions: Industry events: Well-known speakers in different subject matters are invited to speak and interact with members to educate and inform companies about current topics critical to business success Industry promotion: to promote awareness of the SCV as a center for these industries and to assist companies with collaboration efforts with other organizations within the cluster Workforce development: Provide information about and access to workforce training and apprenticeship programs Resource sharing: Sharing pooled assets, as well as best practices, among member companies Information and data: SCVEDC provides pertinent economic data, real estate updates and industry news through regular communications For more information about the services provided by the SCVEDC visit our website, SCVEDC.org or give us a call at 661-288-4400.

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