SANTA CL A R I TA VA L L E Y
BUSINESS O F F I CI A L P U B L ICAT IO N O F TH E SCV CH AM BER OF C OM M ER CE
J O U R N AL
DECEMBER 2021 VOL 13 • No 12 SIGNALSCV.COM/BUSINESS
2021
What does a BEAUTY SALON, a lawyer and a property management firm have in common? 7
BOOK OF LISTS Santa Clarita Stock Index Keller Raggio Econo watch and More!
2
D E C E M B E R 2021
SCV BUSINESS VOICES
How to cope with holiday stress PATRICK MOODY
S
Henry Mayo Newhall Hospital
tress is a normal part of the holiday season, but it doesn’t have to take over the celebration Holidays are a time of tradition. Customs like family get-togethers, gift-giving and special meals can be the source of joy, goodwill — and stress. Despite what holiday movies and myths promise, the season brings with it a variety of experiences and feelings—some wonderful and some not-so-wonderful. While stress is a common problem during the holidays, you can take steps to make sure it doesn’t ruin the season for you. The untold story Greeting cards depict a certain scenario—a blissful, heartwarming snapshot. They leave out the less-than-picturesque aspects of the season, according to the American Psychological Association (APA), such as: Budgeting for gifts—especially for kids who may not understand how much things cost. Stress about work. Balancing social commitments. Tension between family members. Sadness, loneliness or grief. Bring back the good cheer Here are some tips from the APA for healthful ways to cope with the stress of the season: Have reasonable expectations. Unreasonable expectations for the season can lead to disappointment if your holiday dreams don’t come true. Plan around stress. If you know that certain people or situations tend to stress you out, it’s OK to avoid them. Instead, focus on planning things that you find fun and relaxing with people you want to spend time with. Focus on what’s really important. Keep sight of why you’re celebrating in the first place. If you can’t afford fancy gifts or gourmet meals, that’s OK. Take care of yourself. Good physical health can help you have energy when you need it. Start by eating well. It’s OK to indulge in small servings of special foods, but don’t use the holidays as an excuse to binge. Share the burden. Accept help from friends and family when you have taken on too many tasks. Jingle-jangled nerves When you’re busy with seasonal tasks you
may not notice that you feel stressed until you’re overwhelmed. According to Mental Health America, possible signs of too much stress include: Getting headaches, drinking excessively, changes in eating, trouble sleeping. Feeling angry, irritable or easily frustrated.
Having problems concentrating or remembering things. Feeling nervous or anxious. Too much stress isn’t good for your body, so it’s important to pay attention to these signs. If you have coping strategies that are good for you, now’s the time to use them.
S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L · 3
D E C E M B E R 2021
C O N T E N T S NEWS & FEATURES 7 19 22 23
CEO Spotlight: Steffanie Stelnick Company Profile: Logix Santa Clarita Stock Exchange Econowatch
LISTS 4 6 8 10 10 16 17 20
Largest Law Firms Largest Employers Commercial Real Estate Businesses Top 20 Aerospace and Defense Employers Tax Preparation Services Home Builders Publicly Traded Companies Oldest Businesses
12 SALUTE TO PATRIOTS
FROM THE EXPERTS 4 Ken Keller: Watchmaker or Beekeeper 9 Paul Raggio: The Power of Abundant Thinking 16 Paul Butler: Customer Service at the Dentist
SCV BUSINESS VOICES 2 Henry Mayo Newhall Hospital 5 Audiology Associates 11 SCV Economic Development Corporation
CHAMBER SPOTLIGHTS 2 1 15
SCV Chamber Events/Advocacy SCV Chamber Business Councils
7 CEO Spotlight: Steffanie Stelnick December 2021 | Vol. 13 | No. 12
PUBLISHER Richard Budman rbudman@signalscv.com (661) 287-5501
PRODUCTION MANAGER Doña Uhrig
A proud publication of
SINCE 1919
SignalSCV. com Santa Clarita Valley Business Journal (a Signal publication), © 2021, is published monthly by the Santa Clarita Valley Signal newspaper, Paladin Multi-Media Group, Inc., 25060 Avenue Stanford, Ste 141, Valencia, CA 91355. The SCV Business Journal is intended to provide business executives with a cross-section of industry news and information, trends and statistics that impact our growing community. Information gathered in the pages of the SCV Business Journal has been collected from what are considered reliable sources, and is believed to be accurate, but cannot be guaranteed. Articles may not be reprinted without publisher’s written permission. For reprint requests, please call (661) 259-1234.
4 KEN KELLER: WATCHMAKER OR BEEKEEPER
4 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L
D E C E M B E R 2021
Watchmaker or beekeeper? It matters KEN KELLER
SCVBJ Contributing Writer
L
ow morale, low profits, lack of staff engagement, high turnover, rampant gossip — all can be attributed to a company being led by either a Watchmaker or a Beekeeper — care to guess which one is the culprit? If you guessed Watchmaker, you’re right. Why? A Watchmaker, as referred to in James Fischer’s book Navigating the Growth Curve, is a person who wants things that are predictable, something they can control. They want to run their business like a precision machine. They believe that to be effective, a machine must be controlled by its operators. This is the overarching purpose of management — to control the enterprise. They further believe that the machine exists for a purpose conceived of by its builders. Its purpose is to make as much money as possible for its owners. Nothing wrong with making money, but to have an intentional enterprise that provides sustainable profits over a long period of time, research suggests that the better approach lies in becoming more of a Beekeeper. Beekeepers have one foot in the future. They have a natural facility to work with the dangerous sisters of growth: complexity and chaos. Beekeepers are more likely to let the collective intelligence of the team, or the “hive”, to be the operator instead of them. They understand that their business is a living intelligent thing, and if allowed, it will come up with far more ideas and better solutions than they ever could. The beekeepers business will continually self organize around and through its problems and challenges. Beekeepers capitalize upon the intelligence of
the team. To try and control causes anger, hostility and disengagement. This can be addressed by simply asking for input. This is a lesson that we can’t seem to learn often enough. Why? Because leaders tend to assume that they should know all the answers and that to ask for input may put them in a negative light in the eyes of employees. So ego wins over intellect; that the knowledge and experience of one person is more valuable than the input of others, perhaps many others, all of whom may have decades of experience and expertise. We would suggest that there is a Beekeeper in all of us but that in our day-to-day struggles to “do the right thing,” be “responsible” and “act like a leader,” the Watchmaker takes over far more often than any of us would like.
As the CEO, you have to get past these fundamental questions that I consider to be all “head trash:” How can my employees possibly know enough about the company to give me advice? They’ll just use it as a “bitch” session and I’ve heard enough of that. I don’t have time to take employee suggestions — I have my own issues to deal with. If I ask for opinion, they’ll expect me to do something with it and I have enough to do right now. Leadership is about learning and the best way to learn about how your company really thinks and feels is to ask your employees. Your job as CEO will get easier if you figure out what the people on your payroll think instead of trying to outthink or second guess them.
The List: L argest L aw F irms I n T he SCV company
main practice
# attorneys
year est.
executive
contact information
Poole, Shaffery & Koegle, LLP
Business & Employment Law
20
1998
John Shaffery, Managing Partner
25350 Magic Mountain Parkway, Suite 250 Santa Clarita 91355 • (661) 290-2991 www.pooleshaffery.com
Reape-Rickett Law Firm
Family Law
12
1992
James Reape, Senior Managing Partner
25152 Springfield Ct., Ste 100 Valencia 91355 • (661) 288-1000 www.divorcedigest.com
Crockett & Associates
Business Litigation
7
2015
Bob Crockett, Owner
23929 Valencia Blvd., Suite 303 Valencia 91355 • (323) 487-1101 bobcrockettlaw.com
Donahoe & Young LLP
Bankruptcy, Estate Planning & Business Law
7
1999
Mark T. Young
25152 Springfield Ct., Suite 345 Valencia 91355 • (661) 259-9000 www.donahoeyoung.com
Owen Patterson and Owen
Personal Injury
7
1977
Richard A. Patterson, Esq. /Susan Owen, Esq./ Greg Owen, Esq.
23822 W. Valencia Blvd., Suite 303 Valencia 91355 • (661) 799-3899 www.opolaw.com
Law Offices of Bill J. Thompson
Civil Litigation & Business Law
5
Bill Thompson, Esq.
28212 Kelly Johnson Parkway, Suite 195 Valencia 91355 • (661) 222-7964 www.billthompsonlawoffices.com
5
D E C E M B E R 2021
SCV BUSINESS VOICES
How hearing aids can help prevent dementia DR. KEVIN BOLDER
AuD, Audiology Associates
W
hile searching for a cure for dementia and cognitive decline, researchers found that hearing loss plays a role in how quickly and severely the disease progresses. It has also been discovered that hearing aids can possibly prevent the effects of cognitive decline. Learn about the role hearing aids play in maintaining optimal brain function. Hearing Aids Improve Brain Function In a study of first-time hearing aid users conducted by the University of Maryland, Department of Hearing and Speech Sciences, the devices were shown to help brain function in multiple ways. Before they started wearing hearing aids, participants took behavioral
and cognitive tests to measure their hearing, memory, and processing speed. After using hearing aids for six months, the group took the same tests and observed: Improved memory Improved neural speech processing Greater ease of listening Hearing Aids Reduce Mental Strain Straining to hear conversations is a sign of hearing loss. When a person puts stress on their brain to process the sounds around them, it pulls resources away from other parts of the brain, reducing abilities like memory. If this strain goes on long enough, your brain could stop being able to conduct these other functions. Wearing hearing aids limits brain strain, enhancing your memory and other important functions.
Hearing Aids Prevent Social Isolation When people cannot process the sounds around them, they tend to avoid social situations. This isolation is a leading cause of dementia because their cognitive functions are not being used and deteriorate more quickly over time. Hearing aids can help you participate in conversations again. Get Your Hearing Checked The best thing you can do to make sure you are maintaining your overall health and wellbeing is receive regular hearing screenings in addition to your other doctor visits. Kevin Bolder, Au.D, and John Davis, Au.D. are two of the best in Santa Clarita and San Fernando Valley. Visit our website at www. AudiologyAssociates.net or stop by our office located at 23838 Valencia Blvd, Suite 100, Valencia, CA 91355 to schedule an appointment. We are hearing healthcare excellence!
6 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L
D E C E M B E R 2021
The List: L argest E mployers I n T he SCV NAME
# employees
contact
title
address
Henry Mayo Newhall Hospital
1917
Roger Seaver
CEO
23845 McBean Pkwy., Valencia 91355
Six Flags Magic Mountain
1900
Donald McCoy
President
26101 Magic Mountain Pkwy., Valencia 91355
William S. Hart School District
1641
Mike Kulman
Superintendent
21380 Centre Pointe Pkwy., Santa Clarita 91355
College of the Canyons
1535
Dianne G. Van Hook
Chancellor
26455 Rockwell Canyon Rd., Santa Clarita 91355
U.S. Postal Service
1414
--
--
Multiple Locations, Santa Clarita
Princess Cruises
1308
Jan Swartz
President
24305 Town Center Drive, Valencia 91355
Saugus Union School District
1254
Colleen Hawkins
Superintendent
24930 Avenue Stanford, Santa Clarita 91355
Boston Scientific
875
Maulik Nanvaty
Senior Vice President
25155 Rye Canyon Loop, Valencia 91355
City of Santa Clarita
811
Ken Striplin
City Manager
23920 Valencia Blvd., Santa Clarita 91355
Master's University
755
Sam Horn
President
21726 Placerita Canyon Rd., Santa Clarita 91355
Woodward HRT, Inc
721
Thomas Gendron
CEO
25200 Rye Canyon Rd., Santa Clarita 91355
Newhall School District
715
Jeff Pelzel
Superintendent
25375 Orchard Village Rd., Ste 200, Valencia 91355
Quest Diagnostics
608
Cristen Farrell
Senior HR Business Partner
27027 Tourney Rd., Valencia 91355
Scorpion Internet Marketing and Design
601
Rustin Kretz
CEO and Founder
27750 Entertainment Drive, Valencia 91355
California Institute of the Arts
600
Ravi Rajan
President
24700 McBean Pkwy., Valencia 91355
Amazon
580
--
--
Multiple Locations, Santa Clarita
Advanced Bionics
548
Victoria Carr-Brendel
Group Vice President
28515 Westinghouse Place, Valencia 91355
Contractor's Wardrobe
473
Greg Mullen
Plant Maanger
26121 Avenue Hall, Valencia 91355
Walmart
450
--
--
Multiple Locations, Santa Clarita
Stay Green Inc.
400
Chris Angelo
President & CEO
26415 Summit Circle, Santa Clarita 91350
Auto Nation
400
Mark LeCompte
General Manager
23649 Valencia Blvd., Valencia 91355
Q2 Solutions
393
Brian O'Dwyer
CEO and Founder
26829-27049 Tourney Rd., Valencia 91355
Kaiser Permanente
384
--
--
Multiple Locations, Santa Clarita
Gothic Landscape
380
Jon & Rob Georgio
CEO
27413 Tourney Rd. Ste 200, Valencia 91355
Wesco Airfract
375
Todd Renehan
CEO
24911 Avenue Stanford, Valencia 91355
AMS Fulfillment
367
Jay Catlin
CEO
29010 Commerce Center Dr, Valencia 91355
Bocchi Laboratories
365
Joe Pender
President
26421 Ruether Ave., Valencia 91355
ITT Aerospace Corporation
360
Luca Savi
CEO
28150 Industry Dr, Valencia 91355
Pharmavite
345
Doug MacLean
CEO
28355 Witherspoon Pkwy., Valencia 91355
Costco Wholesale
302
McDonald's
291
Jay Schutz
Owner/Operator
26370 Diamond Place, Ste 500, Santa Clarita 91350
Landscape Development, Inc.
280
Gary Horton
President
28447 Witherspoon Parkway, Valencia,91355
TA Aerospace
270
Carol Marinello
President
28065 Franklin Pkwy, Valencia 91355
Castaic Union School District
248
Steve Doyle
Superintendent
28131 Livingston Ave., Valencia 91355
B & B Manufacturing
240
Fred Duncan
President
27940 Beale Ct, Valencia 91355
Shield Healthcare
233
Jim Snell
President & CEO
27911 Franklin Pkwy, Valencia 91355
Forrest Machining Inc
232
Joanne Cutler
CEO
27756 Avenue Mentry, Valencia 91355
ASC Process Systems
226
Dave Mason
President & CEO
28402 Livingston Ave, Valencia 91355
Aerospace Dynamics International
213
John Marshall
General Manager
25540 Rye Canyon Rd., Valencia 91355
SCV Water
202
Gary R. Martin
President
27234 Bouquet Canyon Rd., Santa Clarita 91350
Comfort Keepers
202
Myles McNamara
President/Owner
23900 Lyons Ave, Santa Clarita 91321
Fralock Corp
200
Scott Tucker
CEO
28525 Industry Dr, Valencia 91355
Bioness
200
Todd Cushman
CEO
2510 Rye Canyon Loop, Valencia 91355
18649 Via Princessa, Santa Clarita 91387
See TOP EMPLOYERS, page 8
S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L · 7
D E C E M B E R 2021
CEO Spotlight: Steffanie Stelnick Law Offices of Steffanie Stelnick, SCREM, Blo Out Lounge BY BUSINESS JOURNAL STAFF
I
t’s not easy to take over a real estate management company right before a global pandemic that no one really saw coming. And then while the nation was still recovering from that same public health crisis, investing in a new business might also be seen as a risky maneuver. But Steffanie Stelnick, CEO of the Law Offices of Steffanie Stelnick, has managed to continue to survive and thrive in these situations by following a philosophy of doing what you believe in and investing yourself in things that you’re passionate about — while making sure you have a solid support system, too. That was the message she delivered during a recent NextSCV event in which she spoke about “Getting over your fears in business” at what’s now called Lucky Luke’s Brewery, to a group looking to be a part of the next generation of SCV business leadership. Stelnick’s fearlessness, as well as the support of her husband, Todd Stelnick, helped her follow what she believed in and carve a path over the last decade or so throughout the region, in real estate law and property management. Although, like anyone might have, she shared regrets, too. “I definitely (have) regret ... like if I would have bought into Apple or Amazon when we first started using those services,” she said, referring to how those stocks have risen exponentially in value over the last 11 years or so. That was her mindset when she purchased the Blo Out Lounge in Valencia this past March, she said, and then adding with a laugh, after all, she was already its best customer. So, when the business came up for sale, it just made sense. And these have been steady themes throughout her career. Southern California Real Estate Management, a 35-year-old property management company purchased in January 2020, operates throughout Southern California. Her ownership there comes from another one of her passions, she said. She and Todd had a modest personal property portfolio that they managed themselves, and then were able to take advantage of another opportunity, in part because of her motivation. “I really always had a passion for real estate; I love California real estate,” she said, noting that’s also influenced her initial entrepreneurial venture — starting her own law firm.
Steffanie Stelnick owns and operates a law firm, as well as a property management company and a beauty lounge. She has continued to grow her business by following her passions and relying on a strong support system. PHOTO COURTESY THE LAW OFFICES OF STEFFANIE STELNICK
“My focus in my practice is anything that touches real estate because I like to help people protect their biggest asset, which is real estate,” she said. And starting the firm was another instance where her support structure was critical, she added, saying she doesn’t think she might’ve had the confidence to open her own firm as a fairly recent graduate of law school in 2013. However, the encouragement and support of Todd Stelnick, who’s also very involved in the property management business, helped her, especially in the early years when she doubted herself. She’s steadily grown the practice, keeping busy with her initial office in Valencia, as well as one
in Sherman Oaks and Sacramento, and earned recognition in the courtroom as Litigator of the Year in 2020, according to the American Institute of Trial Lawyers. Stelnick is also a longtime member of the SCV community, having attended elementary school through high school locally before earning her bachelor’s degree in both law and communications from American Jewish University in Los Angeles The Law Offices of Steffanie Stelnick is located at 28001 Smyth Drive, Suite 101, Valencia. SCREM is located in Suite No. 107. The Blo Out Lounge is located at 24303 Town Center Drive, No. 120, Valencia.
8 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L
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Continued from page 6
The List: L argest E mployers I n T he SCV NAME
# employees
contact
title
address
Arvato Digital
200
Ian Watson
CFO
29011 Commerce Center Drive, Valencia 91355
Stratasys Direct Manufacturing
198
Kent Firestone
CEO
28309 Avenue Crocker, Valencia 91355
Hydro Systems
190
Scott Steinhardt
President
29132 Avenue Paine, Valencia 91355
The Home Depot
190
--
--
Multiple Locations, Santa Clarita
RAH Industries Inc
185
Ronald Hansen
CEO
24800 Avenue Rockefeller, Valencia 91355
Knowles/Novacap
182
Mark Skoog
President & CEO
25111 Anza Drive, Santa Clarita 91355
Crissair, Inc
180
Mike Alfred
CEO
28909 Avenue Williams, Valencia 91355
Star Nail International/Cuccio
179
Tony Cuccio
CEO and Founder
29120 Avenue Paine, Valencia 91355
Cardinal Health
170
Marsha Aragon
Director of Operations
27680 Avenue Mentry, Valencia 91355
Adept Fasteners
170
Gary Young
Owner
27949 Hancock Pkwy, Valencia 91355
Honda Performance Development
170
David Salters
President & CEO
25145 Anza Drive, Valencia 91355
PDC - A Brady Business
170
Robert Case
President
25124 Springfield Ct Ste 200, Valencia 91355
Frontier Toyota
166
Joseph Caso
President & CEO
23621 Creekside Drive, Valencia 91355
Del West Engineering Inc
165
Mark Sommer
President
29006 Hancock Pkwy, Valencia 91355
HRD Aero Systems
158
Tom Salamone
President
25555 Avenue Stanford, Valencia 91355
Lief Labs
157
Adel Villalobos
CEO and Founder
28510 W Industry Drive, Valencia 91355
Hyatt Regency Valencia
156
--
--
24500 Town Center Drive, Valencia 91355
Wayforward
152
Voldi Way
CEO
28738 The Old Road, Santa Clarita 91355
Classic Wire Cut Company
150
Brett Bannerman
President
28210 Constellation Rd., Valencia 91355
PPG Aerospace
150
Michael McGarry
Chairman & CEO
24811 Ave Rockefeller, Valencia 91355
Triumph Actuation Systems
150
Daniel Crowley
CEO
28150 Harrison Pkwy, Valencia 91355
Vision Media Management
143
Michael Alvarez
CEO
29125 Avenue Paine, Valencia 91355
Regent Aerospace Corporation
140
Reza Soltanian
President
28110 Harrison Pkwy, Valencia 91355
Lamsco West, Inc.
125
Steve Griffith
President
29101 The Old Road, Valencia 91355
The List: C ommercial R eal E state I n T he SCV Brokerage
executive
contact information
CBRE Group
Craig Peters, Executive Vice President
www.cbre.us/people-and-offices/corporate-offices/los-angeles
NAI Capital
Chris Jackson, CEO/Owner
25060 Ave Stanford, Ste 165, Santa Clarita, 91355 • (661)-705-3550 www2.naicapital.com 27451 Tourney Road, Ste 330, Santa Clarita 91355 • (661) 259-9200 www.colliers.com/en
Colliers DAUM
Chad Jacobson, COO
Jones Lang LaSalle RE/MAX of Santa Clarita — Crissman Commercial Services
28494 Westinghouse Place, Ste 312, Valencia 91355 • (818) 449-1626 daumcommercial.com/office/valencia/ 21080 Center Point Pkwy, Ste 102, Santa Clarita, 91350 • (661) 964-6206
Tim Crissman, Broker Associate
25129 The Old Road, Ste #212 Santa Clarita 91381 • (661)295-9300 www.crissmancommercial.com 25152 Springfield Court Ste 120, Valencia 91355 • (818) 471-4272 valleywideleasing.com
Valleywide Leasing, Inc. SCV Commercial Real Estate Services
Pam and Dennis Varner
27240 Turnberry Lane #200 Santa Clarita 91355 • (661) 714-5271 info@scvcommercial.com
Pathview Capitol Inc.
Eduardo Ponte CEO/President
25000 Avenue Stanford, Ste 244 Valencia 91355 • (888) 629-5682 info@pathviewcapital.com
Stratton International Commercial Real Estate Services
Robert A. Stratton Jr. CEO/President
28005 Smyth Dr Valencia 91355 • (661) 702-9700 ContactUs@StrattonInternational.com
The Franco Realty Group
Rasmus Lee, Broker
23890 Copper Hill Drive #376 Valencia 91354 • (310) 752-4899 info@gofrancorealty.com
Spectrum Commercial Real Estate, Inc.
Yair Haimoff
28392 Constellation Road Valencia 91355 • (661) 306-9600 info@spectrumcre.com
D E C E M B E R 2021
S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L · 9
The power of abundant thinking BY PAUL RAGGIO
Co-owner, One True North
T
hanksgiving has passed, and Hanukkah and Christmas are around the corner. Many of us were fortunate enough to gather with family and friends and indulge our appetites on both food and fellowship. We’re a species that requires emotional connections to thrive, and gathering to share the abundance in our world is just the salve we need to punt this pandemic goodbye. If you’re like my family, we always prepare more than can be eaten at our gatherings. Part of our goodbye ritual is to separate and package the abundant leftovers among each other; such a wonderful way of extending the holiday meal and ambiance. Abundance is a relevant degree of plentifulness, and scarcity is deficient in quantity or number. On a linear spectrum, these nouns are opposites — abundance associates with the universe, scarcity associates with a black hole. We can use this same spectrum to measure our state of mind. Are you an abundant thinker or scarcity thinker Do you see your world with a relevant degree of plentifulness, or is your perception of sparsity? Your mindset determines your behavior and how you engage others. I’m fortunate to have traveled to several countries, many impoverished. Of those developing countries I visited, scarcity was palpable. However, the people were among the most abundant thinking I met. They saw opportunity and bounty in their environment and exploited it. Their family gatherings centered on indulging their appetites too. Maybe not at an opulent table setting most of us experience at Thanksgiving. Nevertheless, their table was abundant with local food and the fellowship genuine in goodwill. Abundant leaders see a landscape of opportunity to exploit. They reflect on the past, embrace the present, and eagerly walk towards the future. Abundant thinkers see bounties to share, and their glass is always half full. Scarcity leaders see a desert with a single oasis to guard. They neglect the past, protect their present, and avoid moving forward. Scarcity thinkers see essentials to hoard, and their glass is always half-empty. These opposing mindsets impact a company’s organizational culture and long-term sustainability. Both attitudes create conditions that
Imagine being in a work environment where the leadership team was abundant thinkers. They ignore the competition, are purpose-driven and focus on what the team can do to maximize their time, talent and treasure.
affect retention, productivity and sales. Imagine being in a work environment where the leadership team was abundant thinkers. They ignore the competition, are purpose-driven, and focus on what the team can do to maximize their time, talent and treasure — retention skyrockets. On the other hand, if the leadership team were scarcity thinkers, they fear competition, are bottom-line driven, and question their investment in the company’s human capital — retention plummets. Abundant thinkers believe if their organizational culture is strong, their team’s attitude is always “what can we do” to enhance output. The team mirrors abundant thinking throughout the company. Team members at all stratifications realize their collective efforts close the natural capability gap in every organization and productivity benefits. However, scarcity thinkers believe in avoidance of cost, risk and investment. They task their team to preserve the bottom-line profits by announcing “what can’t be done.” Driving costs down by any means tends to increase the organization’s capability gap and commoditizes their products or services. What’s the impact abundant and scarcity thinking has in the marketplace? Abundance brings value, and scarcity brings discounts. An organization that is chock-full of abundant thinkers positions its products or services to its ideal client as a value-laden solution to their immediate or future needs. Price and competi-
tion are not the determinants in making the sale; value is. An organization crowded with scarcity thinkers relies on discounts to entice their customers and volume to achieve slim profitability margins. Beating the competition in price to increase market share is their long-suffering strategy. Value is not the primary factor in making the sale; price is. I’ve characterized a successful company as sustainable, predictable, stable, consistent and creates an emotional connection in past columns. The organization mastering the five disciplines of strategy, business development, people, execution and mission is how the company achieves this definition. To master the five disciplines, though, the leadership team must be abundant, not scarcity, thinkers. This attitude has a direct and positive impact on retention, productivity and sales. You want a successful, enduring company, adopt an abundant mindset. This is how you lead, think, plan and act. Now let’s get after it! Retired Col. Paul A. Raggio is co-owner, with his sister Lisa, of One True North INC Leadership and Business Coaching Solutions. Paul and Lisa mentor and coach business owners on leadership and management principles in achieving and sustaining their business growth and profitability goals. He can be reached at paulraggio@actioncoach. com.
10 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L
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The List: T op 20 A erospace & D efense E mployers I n T he SCV NAME
SCV EMPLOYMENT
CONTACT INFORMATION
WEBSITE
Woodward Inc
721
25200 Rye Canyon Rd, Santa Clarita 91355 • (661) 294-6000
www.woodward.com
Wesco Aircraft
375
24911 Avenue Stanford, Valencia 91355 • (661) 802-5132
www.wescoair.com
ITT Aerospace Controls
360
28150 Industry Dr, Valencia 91355 • (661) 295-4000
www.itt.com
B & B Manufacturing
330
27940 Beale Ct, Valencia 91355 • (661) 257-2161
www.bbmfg.com
FMI Aerostructures / Forrest Machining Inc.
232
27756 Avenue Mentry, Santa Clarita 91355 • (661) 257-0231
www.forrestmachining.com
ASC Process Systems
226
28402 Livingston Ave, Valencia 91355 • (818) 833-0088
www.aschome.com
PCC Aerostructures ADI
213
25540 Rye Canyon Rd, Valencia 91355 • (661) 257-3535
www.pccaero.com/companies/adi
Fralock
200
28525 Industry Drive, Valencia 91355 • (661) 702-6999
www.fralock.com
Stratasys Direct Manufacturing
198
28309 Avenue Crocker, Valencia 91355 • (661) 295-4400
www.stratasysdirect.com
Adept Fasteners
185
28709 Industry Dr, Valencia 91355 • (661) 257-6600
www.adeptfasteners.com
RAH Industries Inc.
185
24800 Avenue Rockefeller, Valencia 91355 • (661) 295-5190
www.rah-ind.com
Novacap / Knowles
182
25111 Anza Dr, Santa Clarita 91355 • (661) 295-5920
knowlescapacitors.com/novacap(
Crissair, Inc.
180
28909 Avenue Williams, Valencia 91355 • (661) 367-3300
www.crissair.com
HRD Aero Systems
158
25555 Avenue Stanford, Valencia 91355 • (661) 402-4067
www.hrd-aerosystems.com
TA Aerospace
155
28065 Franklin Pkwy, Valencia 91355 • (661) 775-1100
www.esterline.com
Regent Aerospace Corp.
140
28110 Harrison Pkwy, Valencia 91355 • (661) 257-3000
www.regentaerospace.com
Curtiss-Wright
130
28965 Avenue Penn, Valencia 91355 • (661) 257-4430
www.curtisswrightds.com
PPG Industries Inc
123
24811 Avenue Rockefeller, Valencia 91355 • (661) 678-4209
www.ppgaerospace.com
Triumph Actuation Systems
115
28150 Harrison Pkwy, Valencia 91355 • (661) 295-1015
www.triumphgroup.com
Donaldson Company
114
26235 Technology Drive, Valencia 91355 • (661) 295-0800
www.donaldson.com/en-us
The List: T ax P reparation S ervices I n T he SCV company
CONTACT INFORMATION
website
All Valley Tax SCV
26364 N, Sierra Highway Ste A, Santa Clarita 91321 • (661) 252-0052
allvalleytax.com
Breslin Tax Prep
25852 McBean Parkway, Santa Clarita 91355 • (661) 284-6627
breslintaxprep.com
Brunes Tax Services
21618 Golden Triangle Road #105, Santa Clarita, 91350 • (661) 799-8892
brunestaxservice.com
Buck Jones Taxes
18723 Via Princessa #1060, Santa Clarita, 91387 • (661) 655-4289
buckjonestaxes.com
Ez Tax & Insurance Services
24881 Railroad Avenue #101, Newhall 91321 • (661) 310-2552
extaxexpress.com
Free Financial tax
22924 Lyons Avenue #205 Santa Clarita 91321 • (661) 200-5657
free-financial.com
H&R block
19376 Soledad Canyon Road, Canyon Country 91351 • (661) 252-6323
hrblock.com
Int'l Tax Network Inc.
19443 Soledad Canyon Road #109, Santa Clarita, 91351 • (661) 251-6700
intltaxnetwork.com
Jackson Hewitt Tax Services
26471 Carl Boyer Drive, Santa Clarita 91350 • (209) 408-1135
jacksonhewitt.com
Julie M Sturgeon CPA
28042 Avenue Stanford Unit E, Valencia 91355 • (661) 251-6031
santaclaritatax.com
Krycler, Ervin, Taubman & Kaminsky, AAC
27651 Lincoln Place, Ste 220, Santa Clarita 91387 • (818) 995-1040
ketw.com
LNK Tax Group
25350 Magic Mountian Parkway #300, Santa Clarita 91355 • (661) 491-7222
lnktax.com
MYBL Accounting Services Inc.
27201 Tourney Road #125, Santa Clarita 91355 • (661) 254-2359
myblaccounting.com
Professional Tax and Financial
27451 Tourney Road Ste 160, Valencia 91355 • (661) 259-1967
protaxservices.com
Quality Tax Services Inc.
24250 Lyons Ave, Newhall 91321 • (661) 753-3284
quality-tax-services-inc.business.site
RM Taxes
26775 Bouquet Canyon Road, Santa Clarita 91350 • (661) 296-1006
rmtaxes.com
OPENING A NEW BUSINESS?
THE SIGNAL CAN HELP! We will help you publish your Fictictious Business Name or D.B.A. If you have already filed with the County Clerk, we can publish immediately. We are adjudicated for LOS ANGELES COUNTY.
FOR MORE INFO, PLEASE CALL: (661)
287-5508 dba@signalscv.com
11
D E C E M B E R 2021
SCV BUSINESS VOICES
Think neighborly, shop your community! HOLLY SCHROEDER
A
President & CEO of SCVEDC
s we approach the end of 2021, most of our businesses have re-opened, with events and gatherings restoring slowly but surely. We have come a long way since March 2020, and people are eager to return to as close to a pre-COVID normal as possible. There are unfortunately still lingering problems from the lockdown that continue to be felt. Especially by our local employers. With normal supply chains still facing big delays, it’s more important than ever to support the local businesses and manufacturers in the SCV this holiday season. Record breaking levels of unemployment and business closures these past 20 months have placed significant burdens on our economy. Small businesses comprise most of our local companies and support the foundation of our economy in SCV. Covid-19 did not discriminate either, affecting both large and small local employers, with a loss of 18,000 workers in May and April of 2020 alone. Injection of grant and loan funding was a welcome alleviation, such as LA County’s Regional Covid Fund and the City of Santa Clarita’s Small Business Grant Program. Fortunately, Santa Clarita Valley residents and local companies have proven to be quite tenacious. Brick and mortar businesses transitioned to pick-up and online ordering, to accommodate the growing popularity of hybrid office/teleworking. Economist Dr. Mark Schniepp’s overall message from the Fall Economic Outlook was positive, saying “we have already seen an increase in local traffic and residents venturing out to shop and dine in local businesses … An unrestricted economy will likely result in a surge of growth, led by consumer spending, job and income creation, business travel, leisure travel and tourism, and strong demand for public events like concerts, conferences and sporting events.” The pandemic might not be fully behind us, but we have so much to be thankful for around the holidays this year. From Trick or Treating making a comeback, to farmers markets, festivals, and Holiday In the Park at Six Flags! The holiday season can be stressful in the best of times, and these companies need our support now more than ever. Show your neighbors
some holiday cheer by buying from community employers to help recover our local economy and reinvest in the people and businesses that make our region special. Whenever and wherever you can, buy local! The Santa Clarita Valley Economic Development Corporation (SCVEDC) is a unique private
/ public partnership. The SCVEDC utilizes an integrated approach to attracting, retaining and expanding a diversity of businesses in the Santa Clarita Valley, especially those in key industry clusters, by offering competitive business services and other resources.
12 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L
11th ANNUAL SALUTE TO PATRIOTS
D E C E M B E R 2021
OAK TREE GOLF CLASSIC
Last month we were proud to hold our 11th Annual Salute to Patriots at the SCV Senior Center. With a record number of nominations received. We honored six worthy veterans for their service to the country as well as our community. We would like to thank our sponsors for their continuing support, especially Title Sponsor Andy Gump.
Thank you to Chiquta Canyon for once again being our Title Sponsor
This years honorees: (back row) Max Morgan, Randal Winters, Heidi Heinrich, Bill Cooper. (front row) Barbara Stone and Renard Thomas
First place winners! Congratulations to Board Member Matt Dierckman and his team
Last years honorees received their certificates in person this year. Jeff Stabile, Mayor Bill Miranda, Dr Phuong Quach and Paul Raggio
Our Most honest team winners. Congratulations to Pamela Verrners team
S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L · 13
D E C E M B E R 2021
NOMINATIONS OPEN FOR 2021 BUSINESS CHOICE AWARDS Nominations are officially open for the
2021 Santa Clarita Valley Business Choice Awards and will remain open till Friday, December 31, 2021. The honorees will be announced the week of January 10, 2022. The Business Choice Awards categories are as follows: •
Non-Profit of the Year: A non-profit
that has demonstrated excellence in their mission and purpose. •
•
Entrepreneurial Spirit: A person or
a growing/developing business that exemplifies a strong entrepreneurial spirit and a positive attitude. •
Business of the Year: A business that
has shown resilience or great achievements and is a strong supporter of the business community and Chamber. Nomination forms can be requested by emailing hello@scvchamber.com or by going to www.SCVChamber.com and downloading the form.
Rising Star: a company or young
professional whose record reflects ongoing and exceptional growth in contribution to the business community and support of the Chamber.
The 99th Annual Awards & Installation will take place on Friday, January 28, 2022 with location details and sponsor information to be announced.
SCV CHAMBER 2021 BOARD PLANNING & STRATEGY
LEADERSHIP SURVEY LET US KNOW WHAT YOU THINK With the holiday season upon us and soon the new year, there is no better time to give yourself a gift of professional growth, networking, and engagement. This survey is an important opportunity for you to provide meaningful feedback on an upcoming leadership development program for working professionals ready to actively grow and shape the future of the Santa Clarita Valley. Your participation in this short survey (less than 5 minutes) will help to determine the content and program design for this cross functional collaboration program. Please take a mo-
Last month the board of directors held our annual Planning and strategy session. Our diverse board is comprised of businesses ranging from small, medium to large corporations. This enables us to tackle the full array of business issues and provide valuable feedback, programs, resources and advocacy for our entire business community. We look forward to new and exciting things to come for 2022.
ment to help us (and you) as we prepare for an exciting year of growth ahead. Go to www.SCVChamber.com or email hello@scvchamber.com
14 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L
D E C E M B E R 2021
CELEBRATING SCV BUSINESSES We are so proud of the resilience of our business community in the Santa Clarita Valley. Despite the pandemic and all the challenges we have faced recently, we continue to grow and celebrate our amazing community. From celebrating new businesses opening or marking special occasions and achievements, we have been proud to be part of their celebrations.
Mind Body Infusion 28532 La Madrid Dr Suite C, Santa Clarita, CA 91350 www.mindbodyinfusion.com
Telly’s Charburgers 19345 Plum Canyon Rd, Santa Clarita, CA 91350 www://tellyscharburgers.com/
Skyline Smiles 28532 La Madrid Dr Suite B, Santa Clarita, CA 91350
Do you have a grand opening or anniversary coming up? Email us at hello@scvchamber.com for details about hosting a ribbon cutting ceremony.
www.skylinesmile.com
COMMUNITY SUPPORT We are thankful to our members and community partners for their support. We are a strong business community because of your involvement.
S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L · 15
D E C E M B E R 2021
2021 Board of Directors CHAIR OF THE BOARD JOHN VANCE - Vance Wealth
EXECUTIVE COMMITTEE HUNT BRALY - Poole, Shaffery & Koegle, LLP
BUSINESS COUNCILS As the third largest city in Los Angeles County, the Santa Clarita Valley Chamber of Commerce represents over 65,000-member workforce. We realized we can better serve our business community by having six Business Councils, allowing members to work on issues specific to their area. Our Councils provide a channel for our members to be involved in solving problems, discussing issues, and implementing special projects and events for the benefit of the area being served. Participation offers members the opportunity to prioritize and bring a focus to the business needs of the area, and to take community leadership roles in addressing these needs. It can increase members’ business network, and provide stronger representation on area issues. Also, since area councils exist as industry-specific, participation provides an opportunity for area-specific networking with others doing business.
MARISOL ESPINOZA - Southern California Gas Company KEVIN HOLMES - Martini Akpovi Partners, LLP TROY HOOPER - Kiwi Hospitality Partners DR. CHRIS RAIGOSA - Kaiser Permanente
LATINO BUSINESS ALLIANCE Our LBA council works to promote Latino-
NEXTSCV
owned business as well as relevant issues facing
NextSCV is our next generation of leaders and
our Latino business community. In addition the
the group aims to develop the next leaders of the
LBA helps to educate businesses on how to en-
Santa Clarita Valley through personal and profes-
BOARD OF DIRECTORS
hance a company’s business efforts with Latino
sional development, civic engagement, and net-
KAREN BRYDEN - SCV Locations
customers and other Latino-owned businesses.
work building opportunities that ultimately stimu-
CHRIS SCHRAGE - LBW Insurance Financial Services NANCY STARCZYK - Realty Executives
ANDREA CARPENTER - Logix STEVE COLE - SCV Water Agency JASON CRAWFORD - City of Santa Clarita ANDREA DE LA CERDA - Scorpion
GOVERNMENT AFFAIRS
late local businesses and support the mission of the SCV Chamber.
The Government Affairs council meets to discuss policy decisions on a local, county, state and federal level. As a member, you are encouraged to attend a
SMALL BUSINESS Small Businesses are at the core of our Cham-
MATT DIERCKMAN - Colliers International
meeting and have your voice heard throughout the
MARAL MATOSSIAN - Westfield Valencia Town Center
SCV and take a stance on pertinent issues relative
ber’s membership and are the backbone of our
to the business community or your industry in par-
economy. The Chamber offers a variety of edu-
ticular.
cational and networking programming to help
PATRICK MOODY - Henry Mayo Newhall Hospital DR. IZU OKPARA- Omni Wound Physicians DAN REVETTO - AT&T BECKI ROBB - Princess Cruises
NON-PROFIT The SCV has a strong philanthropic community
HENRY RODRIGUEZ - State Farm Insurance
with more than 100 locally-based non-profit or-
SANDY SANCHEZ - FivePoint
ganizations that help our community thrive. Our
LINDSAY SCHLICK - SchlickArt Video & Photography ROCHELLE SILSBEE - Southern California Edison
non-profits are a key reason why Santa Clarita is a great community and always looking towards a better future. The council provides business re-
your small business thrive. The council focuses on three main objectives: Advises the SCV Chamber on small business related issues, programming and networking opportunities; Supports the Chambe’s “Retail Walks” with elected officials; and helps promote the nationwide “Small Business Saturday” program which highlights small businesses on the Saturday after Thanksgiving.
G. JESSE SMITH - California Institute of the Arts
sources for our local non-profit leaders to help
DR. DIANNE VAN HOOK - College of the Canyons
them connect, grow and learn about valuable in-
DENNIS VERNER - Burrtec
formation so they can successfully meet their or-
cils or finding out more please email us at hello@
KARINA WINKLER - Holiday Inn Express
ganizations mission and goals.
scvchamber.com
If you are interested in joining any of our coun-
16 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L
D E C E M B E R 2021
Customer service at the dentist PAUL BUTLER
SCVBJ Contributing Writer
D
id you hear the one about the Englishman who walked into a dental office? I know that sounds like an oxymoron but it’s actually a true story. Now that our two adult children are through college and off the Butler payroll, my wife and I decided to invest in some dental work, we’d both neglected during the lean years of endeavoring to get our offspring through university with no debt. I am delighted to say they did their part of graduating with great grades and are now both fully fledged taxpayers. Anyway, back to the dental office — an experience that reminded me of much of the rudiments of excellent business practice. The reception area was just immaculate—how many times do we as consumers walk into a place of business and within seconds want to turn around and walk out? Wendy and Erica, the receptionists were both warm and welcoming — they looked up from the computer screens and sincerely engaged with me as if they really appreciated my book of business. What a novel idea — show genuine appreciation for your customer. Rachel was the dental assistant who invited me into the room that has that piece of furniture most of
Customer service starts with the look of the reception area to the attitudes and the professionalism of those that greet you. us dread — The Dental Chair. She was calming and seemed to care about me and my evident anxiousness of not being a fan of that chair. Rachel was efficient and empathic — such a rare combination in today’s technologically driven world. One of the attributes I also sensed from Rachel was that she had a peace about her that passed all understanding. I began to relax because she was relaxed. After a few minutes, Andrew the
dentist entered the room. Being from England originally, I didn’t think dentists had personality. I just thought they were a weird breed who enjoyed inflicting pain on people. Or at best, asked you questions about your family or vacation plans only when they knew you had no way of audibly replying while they had both hands and various mediaeval-looking tools jammed in the upper region of your gullet! What a pleasant person Andrew
was: a professional with poise. He made no judgment of the amount of work I needed doing and in fact, suggested a work pattern that would save time and money. How innovative—treat others in a way you would like to be treated. Don’t just see your customer as a walking cash-machine. I truly got the sense that Andrew wanted to help me in the most cost-effective and timeefficient manner possible. When I was done, I was surprised by two facts—firstly, that I could still speak and secondly that the billing was accurate. How many times do we find as a customer that the estimate bears no relation to the final invoice? So, there you have it — that’s the one about an Englishman walking into a dental office in Valencia. Not only do I have a better smile but this small team filled me with big joy as they each reminded of some of the fundamentals of good business: cleanliness, friendliness, genuineness, professionalism and accuracy. Thank you: Wendy, Erica, Rachel and the scariest man in the building—Andrew DDS. Paul Butler is a Santa Clarita resident and a client partner with Newleaf Training and Development of Valencia. For questions or comments, email Butler at paul.butler@ newleaftd.com.
The List: H ome B uilders I n T he SCV company
ceo
address
website
Comstock Homes
Robert Comstock
2301 Rosecrans Ave., Suite 1150, El Segundo 90245
comstockco.com
FivePoint
Lynn Jochim
25124 Springfield Court, Valencia 91355
fivepoint.com
JSB Development
Jim Backer
27451 Tourney Road, No. 250, Valencia
jsbdev.com
KB Home
Jeffrey T. Metzger
25152 Springfield Court, Suite 180, Valencia 91355
kbhome.com
Lennar
Rick Beckwitt, Jon Jaffe
28723 Calle de la Paz Drive, Valencia 91355
resourcecenter.lennar.com
Richmond Homes
Larry Mizel
27105, W Sage St, Valencia 91355
richmondamerican.com/california/ los-angeles-new-homes/valencia
Toll Brothers
Doug Yearley
19125 Merryweather Drive Santa Clarita 91350
tollbrothers.com
Tri Pointe Homes
Doug Bauer
28701 Lambent Way, Santa Clarita 91351
tripointegroup.com
Williams Homes
Lance Williams
21080 Centre Pointe Parkway, Santa Clarita 91350
williamshomes.com
S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L · 17
D E C E M B E R 2021
The List: P ublicly T raded C ompanies I n T he SCV NAME
industry
stock symbol
Amazon
Retail
NASDAQ: AMZN
Bank of Southern California
Banking
OTC: BCAL
Bioventus
Biomedical
Nasdaq: BVS
Boston Scientific
Biomedical
NYSE: BSX
California Resources Corp.
Energy
NYSE: CRC
Carnival Corp.
Entertainment/Leisure
NYSE: CCL
CBRE
Commercial Real Estate
NYSE: CBRE
Costco
Retail
NASDAQ: COST
Disney
Entertainment Media
NYSE: DIS
Five Point Holdings
Home Developer
NYSE: FPH
Incora
Aerospace/Manufacturing
(NYSE:WAIR)
IQVIA holdings
Laboratory Services
NYSE: IQV
ITT inc.
Aerospace/Manufacturing
NYSE: ITT
KB Homes
Home Developer
NYSE: KBH
Otsuka Pharmaceutical
Pharmaceutical
OTCMKTS: OTSKY
Precision Castparts Corp.
Aerospace/Manufacturing
NYSE: PCP
Quest Diagnostics
Laboratory Services
NYSE: DGX
Six Flags
Entertainment/Leisure
NYSE: SIX
Sodexo
Home/Food Services
OTCMKTS: SDXAY
Sonova Holdings
Biomedical Equipment
OTCMKTS: SONVY
Tri Pointe Homes
Home Developer
NYSE: TPH
Walmart
Retail
NYSE: WMT
Unibail-Rodamco-Westfield
Retail
NL: URW
Woodward
Aerospace/Manufacturing
NASDAQ: WWD
Lennar
Home Developer
NYSE: LEN
Toll Brothers
Home Developer
NYSE: TOL
McDonalds
Food
NYSE: MCD
Home Depot
Retail
NYSE: HD
Cardinal Health
Health Care Services
NYSE: CAH
Lowes
Retail
NYSE: LOW
ESCO
Manufacturing
NYSE: ESE
Transdign
Aerospace/Manufacturing
NYSE: TDG
Knowles
Manufacturing
NYSE: KN
CalArts’ CTO Allan Chen Named To EDUCAUSE Board NEWS RELEASE
E
DUCAUSE, a nonprofit association for information technology in higher education, announced Allan Chen, vice president for Institute Technology and chief technology officer at the California Institute of the Arts, as one of the newest members of its board. Chen, along with Sherri Yerk-Zwickl, vice president for information technology and chief information officer at Campbell University,
began serving their four-year terms in October, according to a CalArts news release. “I’m delighted to welcome Allan and Sherri to the EDUCAUSE board,” EDUCAUSE President and CEO John O’Brien said in a prepared statement. “They are both dedicated members of our community, and I know they’ll bring this same level of commitment, insight and enthusiasm to their board service.” At CalArts, Chen is responsible for strategic planning and CalArts’ technology portfolio, including infrastructure, support, and central and
administrative IT services. At EDUCAUSE, he has served on committees including the DEI Task Force, the Recognition Committee and the 2019 Annual Conference Program Committee, and is also a graduate of the EDUCAUSE Institute Leadership and Learning Technology Leadership programs, and is a 2014 Leading Change Institute fellow. Prior to CalArts, Chen served as associate vice president for academic technology at California State University, Northridge.
18 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L
D E C E M B E R 2021
D E C E M B E R 2021
S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L · 19
Logix Continues to Grow with the Santa Clarita Valley
Logix came to the Santa Clarita Valley more than 30 years ago. In 2018, they moved their headquarters to Valencia, making an even bigger impact on the area. In addition to the ability to visit branch offices, Logix also offers members the option of opening accounts and investment services through video. LEFT PHOTO BY DAN WATSON / THE SIGNAL. RIGHT PHOTO COURTESY LOGIX
BY BUSINESS JOURNAL STAFF
W
hether supporting a well-loved Santa Clarita Valley event such as Concerts in the Park, Light Up Main or a local nonprofit such as the Michael Hoefflin Foundation in the fight against children’s cancer, Logix Federal Credit Union’s involvement in the SCV goes well beyond being a significant local employer or a place to handle your banking needs. The credit union’s roots go back to an industry that remains a part of the SCV’s economy today, aircraft manufacturing. Lockheed Aircraft Employees Federal Credit Union opened in 1937 at a Lockheed facility in Burbank, as America was still reeling from the Great Depression. The credit union survived a difficult era, as well World War II and change, as Lockheed Aircraft became Lockheed Martin, eventually changing its name to Logix in 2012, according to officials with the bank. Logix came to the SCV more than 30 years ago, bringing with them a philosophy they call “banking with a twist” — clients become members and part-owners when they open an account — profits are returned to members in the form of better rates, lower fees and improved services. The credit union significantly increased its
investment in the SCV, moving its headquarters to Valencia in 2018. The credit union’s 180,000-square-foot headquarters in the Valencia Commerce Center allows space for up to 875 employees. And the design of the site allows for the addition of a third tower in the future, allowing growth for up to 1,300 employees. And the community seems to have responded in kind, with support that’s helped the credit union continue to grow its assets, too. “Logix has been voted ‘Santa Clarita’s Best’ by Signal readers in the financial services category for 16 years, demonstrating the level of trust they place on banking with us,” said Logix CEO and President Ana Fonseca. “It is our privilege to serve more than 220,000 members, and help them thrive.” Part of thriving in the last 18 months has had to do with making customers feel secure during a global health crisis, which Logix has done through increasing customers’ access to digital tools for online banking, with its app as well as virtual networking capabilities. “COVID created a lot of fear and uncertainty, but surprisingly, demand for in-person service and trustworthy advice remains strong, even as utilization of mobile banking and online tools and applications has grown to record highs, according to an email statement from Alethia Calagias, community relations manager for Logix Federal
Credit Union. “Logix employed an array of cleaning and safety protocols to protect members and employees, including advanced air filtering, acrylic partitions, frequent cleaning and virtual appointments. We hope members can feel the smile under our masks and take comfort knowing virtual and physical branch doors are open to friendly employees who are ready to help.” And beyond being able to safely visit Logix branch locations, for those needing remote access, Logix added an option to meet with employees to open accounts or discuss investment services via video. There’s also been smaller adjustments to increase convenience, such as increasing card limits, more mobile banking options and new transfer limits that are all aimed at making transactions easier for Logix members, Calagias added. Apps continue to be a part of that new accessibility, too. “We have been working hard to deliver on our promise to increase convenience,” Fonseca said. “Members can take advantage of Zelle, the much-anticipated person-to-person payment solution, and we have added various features to our mobile app so that members can manage their cards and apply for loans, including mortgages.”
20 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L
D E C E M B E R 2021
The List: O ldest B usinesses I n T he SCV Name
business type
year est.
# of employees
top executive
address
phone number
Saugus Café
Restaurant
1888
22
Yecenia Mercado
25861 Railroad Ave. Newhall 91321
(661) 259-7886
Halfway House Café
Restaurant
1906
9
Sally Moore
15564 Sierra Highway, Santa Clarita 91390
(661) 251-0102
The Signal
Newspaper
1919
34
Richard Budman
25060 Avenue Stanford Ste 141, Valencia 91355
(661) 259-1234
Mikes Diner
Restaurant
1947
20
Mike Harutunian
31537 Castaic Road, Castaic 91384
(661) 257-3233
Santa Clarita Concessions
Vending Machine Supplier
1955
12
Lisa Burke
21554 Golden Triangle Rd., Saugus 91350
(661) 259-7310
B & B Manufacturing
Contract Manufacturing Services
1961
270
Fred Duncan, Jeff Lage
27940 Beale Ct., Valencia 91355
(661) 257-2161
Newhall Escrow Inc.
Escrow
1963
11
Steve Corn
24010 Lyons Ave., Newhall 91321
(661) 259-3450
Santa Clarita Swap Meet
Swap Meet
1963
34
Doug Bonelli
22500 Soledad Canyon Rd., Santa Clarita 91350
(661) 259-3886
Valencia Country Club
Golf Club
1965
100
Mike Nix
27330 Tourney Rd., Valencia 91355
(661) 254-4401
Chi-Chi's Pizza
Restaurant
1967
76
Paul Miccolis
23043 W. Soledad Canyon Rd., Saugus 91350
(661) 259-4040
Backwoods Inn
Restaurant
1968
29
Carol Ohler
17846 Sierra Highway, Canyon Country 91351
(661) 252-5522
Gallions Corner Market
Market
1969
10
Sam Elhilu
31515 Parker Rd., Castaic 91384
(661) 257-3523
Pleasantview Industries
Work Activity Program
1969
20
Gerry Howard
27921 Urbandale Ave., Saugus 91350
(661) 296-6700
Green Thumb Garden Center
Nursery
1970
25
Bud, Steve & Nancy Bergquist
23734 Newhall Ave., Newhall 91321
(661) 259-1071
Stay Green
Landscape Services
1970
280
Rich Angelo
26415 Summit Circle, Santa Clarita 91350
(661) 291-2800
Magic Mountain
Amusement Park
1971
3,000+
Tim Burkhardt
26101 Magic Mountain Parkway 91355
(661) 255-4100
Way Station Coffee Shop
Restaurant
1971
12
Eric Leeser
24377 Main Street, Newhall 91321
(661) 255-0222
AV Party Rentals
Event/Party Supplies
1973
37
Rusty Parr
23800 Newhall Ave., Newhall 91321
(661) 259-2151
Maria's Deli
Italian Delicatessen
1973
5
Maria & Bruno
22620 Lyons Ave., Newhall 91321
(661) 259-6261
Douglas Furniture
Furniture
1974
12
Doug Green
23661 Newhall Ave., Newhall 91321
(661) 255-8421
Condie, Thomas & Harbo, CPAs
Certified Public Accountains
1975
10
Gary Condie
28490 Westinghouse Pl. #140, Valencia 91355
(661) 257-2900
Henry Mayo Newhall Hospital
Hospital/Trauma Center
1975
1,580+
Roger E. Seaver
23845 McBean Pkwy., Valencia 91355
(661) 200-2000
The Werner Law Firm
Law Firm
1975
4
L. Rob Werner
27257 1/2 Camp Plenty Rd., Canyon Country 91351
(661) 252-9022
Gymnastics Unlimited
Gymnasium
1977
22
courtney Starks
28373 Conste llation Rd, Valencia 91355
(661) 257-2GYM
Owen, Patterson & Owen
Law Firm
1977
11
Richard A. Patterson, Esq. Greg Owen, Esq./ Susan Owen, Esq.
23822 W. Valencia Blvd. #20, Valencia 91355
(661) 799-3899
Stern, Kory, Sreden & Morgan
Certified Public Accountants
1977
26
Ronald D. Morgan, Gregory C. Kory, Robert J. Stern
24961 The Old Road, Stevenson Ranch 91381
(661) 286-1040
The Travel Bug
Travel Agency
1977
9
Geri Jacobs
24300 Town Center Dr. #101, Valencia 91355
(661) 255-5030
Tiny's Submarine Sandwiches
Restaurant
1977
5
Teri King
27251 Camp Plenty Rd., Canyon Country 91351
(661) 251-5885
Consumers Furniture Gallery
Furniture
1978
20
Mary Moser
21048 Golden Triangle Rd., Saugus 91350
(661) 259-6909
AV Equipment Rental, Inc.
Equipment Rentals
1979
18
Don Cruikshank
24933 Railroad Ave., Newhall 91321
(661) 259-2155
Brent's Carpet One
Flooring
1979
8
Brent Griffiths
24220 Lyons Ave., Newhall 91321
(661) 255-3337
Country Antique Fair Mall
Antique Mall
1979
10
Mac McClure
21546 Golden Triangle Rd., Saugus 91350
(661) 254-1474
Final Score
Restaurant
1979
7
Joe Comella
23754 Lyons Ave., Newhall 91321
(661) 254-6557
Santa Clarita Lanes
Bowling Alley
1979
32
Tom Cristi
21615 Soledad Canyon Rd. Santa Clarita 91350
(661) 254-0540
Tartan Realty
Real Estate Agency
1979
N /A
Kathy MacIntosh
16654 Soledad Canyon Rd., Canyon Country 91351
(661) 259-7653
Vincenzo's Pizza
Italian/Pizza Restaurant
1979
12
Steven Katz
24504 1/2 W. Lyons Ave., Newhall 91321
(661) 259-6733
Charmaine's Bouquet Canyon Florist
Florist
1980
8
Charmaine Wojciechowski
26859 Bouquet Canyon Rd., Saugus 91350
(661) 297-3100
Le Chene Restaurant
French Cuisine
1980
30
Juan Alonso
12625 Sierra Hwy., Santa Clarita 91390
(661) 251-4315
Progressive Physical Therapy, Inc.
Physical Therapy
1980
5
Shelly Cloughley
25949 The Old Rd., Stevenson Ranch 91381
(661) 254-0077
Samuel Dixon Family Health Centers
Medical
1980
39
Philip Solomon
25115 Avenue Stanford, Valencia 91355
(661) 257-2339
Anitech Systems, Inc.
Hardware Design
1981
4
Steve McIntyre
25021 Anza Dr., Valencia 91355
(661) 257-2184
S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L · 21
D E C E M B E R 2021
The List: O ldest B usinesses I n T he SCV Name
business type
year est.
# of employees
top executive
address
phone number
A Chorus Line
Dancewear/Costume
1983
7
Jana Einaudi
23330 Cinema Drive #101, Valencia 91355
(661) 253-0300
Andy Gump Temporary Site Services
Temporary site services
1984
200
Nancy Gump
26410 Summit Circle, Santa Clarita 91350
(661) 251-7721
Intertex General Contractors, Inc.
Construction Company
1984
50
Dale R. Donohoe
28338 Constellation Rd., Valencia 91355
(661) 702-2222
Evergreen Animal Care Center
Veterinary, Resort, Spa
1985
16
Nabih Mansour, DVM
23947 Newhall Ave, Newhall 91321
(661) 255-9344
Mastey de Paris, Inc.
Hair Care Products
1985
20
Stephen Mastey
25413 Rye Canyon Rd., Valencia 91355
(800) 662-7839
Mellady Direct Marketing
PR and Direct mailing services
1985
16
Jim & Jill Mellady
26470 Ruether Ave., #103, Santa Clarita 91350
(661) 298-9190
Camelot Moving & Storage
Moving & Storage Company
1986
15
Billy & Carolyn Kornfeld
28040 Industry Dr., Valencia 91355
(661) 255-3112
Signs by Tomorrow
Signs/Graphics
1986
4
Becky Hargrave
28302 Constellation Rd., Santa Clarita 91355
(661) 295-3925
A-1 Party
Balloons
1987
3
Kim Kurowski
a1partyscv.net
(661) 297-2275
Clarice's Cake and Candy Supply
Cake and Candy Supplier, classes
1987
4
Nanci Olmos
22936 Lyons Ave., Newhall 91321
(661) 259-0352
Cobblestone Cottage
Gift Store
1987
25
Kathy Allie
24335 Magic Mountain Pkwy., Valencia 91355
(661) 253-0209
Don Cuco
Mexican restaurant
1987
40
Jose Mendez
24130 Lyons Ave., Newhall 91321
(661) 254-4874
G. W. Richardson, Inc.
Heating & Air Conditioning
1987
18
Gary Richardson
28231 Avenue Crocker #100, Valencia 91355
(661) 295-0115
Gothic Landscape
Commercial Landscaping and Maintenance
1987
125
Jon and Ron Georgio
27413 Tourney Rd., Valencia 91355
(661) 257-1266
Sage Staffing
Employment Agency
1987
30
Greg & Laura Kincaid
27441 Tourney Rd., Valencia 91355
(661) 254-4026
Valencia Car Wash
Car Wash
1987
45
Jeffrey Paul
24233 Creekside Rd., Valencia 91355
(661) 255-3448
College Clout acquired by Greek House NEWS RELEASE
G
reek House, a custom college apparel and Inc. 5000 company, recently announced the acquisition of locally based College Clout, a custom college apparel startup, which is set to be absorbed into its umbrella brand. Greek House co-founders Luke McGurrin and Karthik Shanadi stated that the acquisition was strongly based on Jordan Calderon’s personal talent, according to a news release. Calderon, a Stevenson Ranch resident, was the CEO and founder of College Clout and is set to be taking an advisory marketing role within Greek House. “Jordan is only 22, super young, and super impressive. Even just meeting with him, I think someone at his age, having that knowledge across marketing as well as in our industry, is a very interesting find,” McGurrin said in a prepared statement. “His level of understanding was something that really stuck out to us. He’s a little hustler too. He came from the same background as us and we saw a lot of ourselves in him. We wanted to take the raw tal-
ent we saw in him and supercharge him into (our) environment. It was a no-brainer and a perfect fit.” College Clout was a direct competitor of Greek House, and with the new acquisition, Greek House is set to accumulate all the customer relationships, ambassadors, IP and partnerships that College Clout has developed over its four-year stretch, per the release. “It’s a dream come true for any entrepreneur to get to a point where their company becomes acquired,” Calderon added in the release. “The funny thing is, I actually studied what Luke and Karthik were doing over at Greek House and modeled the beginning stages of my company based on theirs. They’ve built an incredible business and company culture over the years. I’m honored to be able to finally join forces and help push Greek House to the next level.” College Thread LLC, the parent company of Greek House, has recently been expanding, and now has new different subsidiaries for custom merchandise, such as Go Threadly.
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22 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L
D E C E M B E R 2021
Santa Clarita Stock Average Below you will find a list of local Santa Clarita based or Prominade Santa Clarita companies used for our averages. Each month we will take the average of all these stocks and show that number. Tracking that number from month to month will give you a window of how our local company’s stocks are performing. Last month the index was 6,930.53 and the average price per share was $231.01. This month the index is 6,778.46 down 152.07 or 2.2% with the average share price being $225.95.
Company
industry
ticker
Nov. 8
DEC. 6
Amazon
Retail
NASDAQ: AMZN
3488.50
3389.79
Bank of Southern California
Banking
OTC: BCAL
15.50
15.20
Bioventus
Biomedical
Nasdaq: BVS
16.58
12.37
Boston Scientific
Biomedical
NYSE: BSX
43.21
39.46
California Resources Corp.
Energy
NYSE: CRC
45.92
40.55
Carnival Corp.
Entertainment/leisure
NYSE: CCL
24.59
17.20
CBRE
Commercial real estate
NYSE: CBRE
106.02
98.54
Costco
Retail
NASDAQ: COST
503.81
528.93
Disney
Entertainment media
NYSE: DIS
176.87
146.22
Five Point Holdings
Home developer
NYSE: FPH
7.15
5.84
IQVIA holdings
Laboratory services
NYSE: IQV
251.50
261.68
ITT inc.
Aerospace/manufacturing
NYSE: ITT
103.75
95.76
KB Homes
Home developer
NYSE: KBH
42.00
42.21
Otsuka Pharmaceutical
Pharmaceutical
OTCMKTS: OTSKY
19.86
17.97
Quest Diagnostics
Laboratory services
NYSE: DGX
142.22
157.06
Six Flags
Entertainment/leisure
NYSE: SIX
44.33
36.66
Sodexo
Home/food services
OTCMKTS: SDXAY
19.69
16.96
Sonova Holdings
Biomedical equipment
OTCMKTS: SONVY
87.54
72.90
Tri Pointe Homes
Home developer
NYSE: TPH
24.87
25.99
Walmart
Retail
NYSE: WMT
149.27
137.51
Woodward
Aerospace/Manufacturing
NASDAQ: WWD
118.93
106.51
Auto Nation
Auto Dealers
AN
126.01
124.04
Boeing
Aerospace
BA
219.47
198.49
Comcast
Communications
CMCSA
53.52
51.78
Home Depot
Retail
HD
370.50
407.81
Kohl's
Retail
KSS
59.67
48.45
Lennar
Home Builder
LEN
107.83
112.32
Lowes
Retail
LOW
234.63
248.64
McDonalds
Restaurants
MCD
250.98
249.33
Textron
Industrial
TXT
75.81
72.25
S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L · 23
D E C E M B E R 2021
Economic Development Corporation 26455 Rockwell Canyon Road | UCEN 263 | Santa Clarita, CA 91355 | (661) 288-4400 | www.scvedc.org
How Economic Development Improves Our Community — A DrinkPAK Case Study
D
rinkPAK is a premiere West Coast contract manufacturer of premium alcoholic and non-alcoholic beverages, providing comprehensive operational services including procurement support, complex batching and processing, filling, packaging, and on-site storage, and distribution. DrinkPAK was attracted to Santa Clarita in November 2020 by moving into Building 2 at Needham Ranch. The plan was to develop 3 working production lines. They quickly realized the need for more space and growth, and 6 months later leased two additional buildings in May 2021 to encompass a 572,410 SF state-of-the art contract manufacturing campus.
Company Need
DrinkPAK was seeking a new location in Southern California to establish their first dedicated contract manufacturing facility. Its principals have a long and successful track record creating beverage brands, then selling these brands along with their manufacturing facilities to world-class companies such as PepsiCo and Keurig Dr. Pepper. This new facility would be a substantial initial and longerterm investment in beverage processing and storage equipment to produce beverage products for brands that will be owned by the DrinkPAK and its affiliates.
Competition
DrinkPAK chose to begin their search in Ventura County after previously experiencing a painful and difficult process in permitting of another facility in Los Angeles County. They had worked in Ventura County before and had a positive experience but were unable to find a building that suited their needs. Eventually, they turned back to LA County to continue their site search.
Solution
After exhausting possibilities in Ventura, they turned attention to the Santa Clarita Valley, looking at numerous 90,000 – 140,000 SF site options in SCV. DrinkPAK landed on a building in the new Center at Needham Ranch as the optimal location for their project. SCVEDC worked closely with DrinkPAK and the Needham Ranch developers Trammel Crow and Clarion Partners, helping to facilitate meetings and introductions to many agencies in SCV. As a result, DrinkPAK was able to address needs of expedited permit processing with the City of Santa Clarita and County of Los Angeles, and rapidly connect with SoCal Gas for gas line routing, Sanitation District for discharge requirements, and LA County Fire Dept. for truck loading/parking modifications to the site under consideration, and the County Health Department for permitting of the production facility. SCVEDC also introduced
several tax incentives and local resources that would greatly benefit DrinkPAK should they bring this project to SCV.
Results
The tremendous support and collaboration of SCVEDC, Trammel Crow and Clarion Partners, and all City and County agencies underscored the business-friendly nature of this region. As demand for their products surged, DrinkPAK chose this region for the expansion, first signing a seven-year, 172,324-quare-foot lease in Needham Ranch, and then signing for an additional two buildings to create a campus of 572,419 SF. Their plans call for phased line expansion to achieve a state-of-the-art, 3-line beverage contract manufacturing, packaging, and fulfillment center. The project will result in hiring of 275 employees in the next five years, with a total five-year economic output of more than $950 million, labor income of more than $277 million, and over $24 million in State, County, and local fiscal revenues. SCVEDC is proud to welcome DrinkPAK to the Santa Clarita Valley! SCVEDC partners with the City, the County of Los Angeles, COC and local business leaders to comprehensively approach economic development for the entire valley, bringing quality jobs and economic resilience to Santa Clarita. For more information, contact the SCVEDC at SCVEDC.org or call (661) 288-4400.
Econo Watch Santa Clarita Valley Q3 2021 Q2 2021 Commercial Vacancy Rates Office Space 18.12% 16.71% Industrial Space 2.3% 4.90% Total Marked Sq. Ft. Vacancy Percentage: Office Space - as a % of Vacancy 9.99% Industrial Space - as a % of Vacancy 90.01%
Building Permits
New Commercial/Industrial Building Permits Commercial Tenent Improvements/Alterations
Local Company Stock Prices Bank of Santa Clarita (BSCA) California Resources Corp (CRC) Carnival Corp. (CCL) FivePoint (FPH)
Oct ’21 N/A 46.13 22.16 7.36
Q1 2021 Sq Ft 2,799,950 25,240,876 28,040,826
9.97% 90.03%
Oct ’21 0 20
Sep ’21 14.76 41 25.01 7.83
N/A N/A
Sep ’21 Sep ’20 8 25
3 29
% Change N/A 12.51% -11.40% -6.00%
Mission Valley Bank (MVLY) Six Flags * (SIX) Woodward (WWD)
Unemployment Rates Santa Clarita Palmdale Lancaster Glendale Los Angeles County State
14.8 41.13 112.95
Aug ’21
15.09 42.5 113.2
-1.92% -3.22% -0.22%
Jul ’21 % Change
6.8% 7.2% -5.56% 11.3% 11.5% -1.74% 11.5% 11.8% -2.54% 7.9% 8.5% -7.06% 7.8% 8.2% -4.88% 7.7% 7.5% 2.67%
Housing Stats Oct ’21 Sep ’21 Sep ’20 SCV Average Home Price 869 843 760,900 SCV Average Condo Price 514 837 454,000 SCV Home Sales 2,495 2,273 299 SCV Condo Sales 977 506.7 107 SCV Avg. # of Days on Market (SF) 23 22 29 SCV Single Family Home Inventory 220 242 296
THANK YOU, SANTA CLARITA, FOR SHOPPING LOCAL! OVER THE PAST 14 YEARS* THE VALENCIA AUTO CENTER HAS GENERATED
$81,745,370.00 IN SALES TAX REVENUE THAT STAYS IN SANTA CLARITA
Vehicle purchases at the Valencia Auto Center keep tax dollars in Santa Clarita helping to build new parks, trails, and roads, while providing funding for free public
entertainment, arts, and events and additional sheriff’s patrols.
* Vehicle sales and lease purchases from 2007-2020
SHOP 24 BRANDS IN ONE MAGIC MILE
ValenciaAutoCenter.com