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Filtered by Category: large business

 
Manufacturer opens first U.S. factory in Morgan Hill

Manufacturer opens first U.S. factory in Morgan Hill

By Brittney Sherman

Scott’s Valley-based advanced power electronics manufacturer, Heron Power, will open their first large scale Factory One in Morgan Hill. The company plans to invest more than $100M into the 286,000 SF building located at 755 Jarvis, the prior warehouse distribution site of RNDC. Project completion and mass production of the Heron Link, a 5-megawatt medium-voltage power conversion system, is expected to take place late 2027. Factory One is expected to create 600 jobs and was made possible in part by the receipt of a California Competes Tax Credit in the amount of $26.4M.

Read the full Heron Power Announcement.

 
Tile headquarters moves to Morgan Hill

Tile headquarters moves to Morgan Hill

By Brittney Sherman

San Jose based wholesale tile company MIR Mosaic recently purchased a 90k SF building at Butterfield 5 Tech Park. The company will relocate its headquarters to Morgan Hill, expanding their footprint by 25k SF and adding 15 additional jobs to their existing 65-employee headcount. MIR Mosaic will join three other companies operating in the Butterfield 5 Tech Park: Pinnacle Exhibits, Daikin HVAC, and Rudolph and Sletten. Two buildings in the Tech Park remain vacant, Building #4 at 91, 738 SF and Building #5 at 70,305 SF, and are available for sale or lease. The relocation of the company's headquarters, showroom, and warehouse operations to Morgan Hill represents a significant long-term investment in the community and further strengthens the City's growing industrial sector.

MIR Mosaic is a leading designer, importer, and wholesale distributor of premium decorative tile products serving more than 1,800 dealers and showrooms throughout the United States and Canada. Learn more about MIR Mosaic.

 
Pedals not pills

Pedals not pills

By Brittney Sherman

The philanthropic work of Morgan Hill based company Specialized Bicycle is carried out through a partnership with OUTRIDE, a nonprofit organization focused on improving youth health and well-being through cycling. OUTRIDE started 13-years ago with an initial focus on medical research to find a correlation between cycling and enhanced cognitive health. Since that time, programs and initiatives have been introduced into schools and over 50,000 youth have participated. The organization’s motto is “pedals not pills,” driving home the message that cycling can promote positive physical and mental capabilities without the use of pharmaceuticals.

Specialized Bicycle was one of five recipients of the Silicon Valley Business Journal’s Beyond the Check Awards, receiving the award in the Health category. The awards honor companies that dedicate time, talent, technology and funding to support nonprofit partners.

Read the full article- Just Ride the Bike

 
Does your business qualify for a tax credit?

Does your business qualify for a tax credit?

By Brittney Sherman

For the 2026-2027 fiscal year, a total of $819.8M in California Competes Tax Credits are available for allocation to businesses of all sizes and industry. For this upcoming round, opening on July 20, 2026, $350M in tax credits will be available and businesses within the “strengthen” and “accelerate” sector categories as outlined in the California Jobs First Economic Blueprint will be given special consideration. To learn more, register to attend one of the live webinars on July 22 or July 30. The deadline to submit applications is Monday, August 10, 2026, at 11:59 p.m.

The California Competes Tax Credit (CCTC) is an income tax credit available to businesses that want to locate in California or stay and grow in California. Businesses of any industry, size, or location compete for over $180 million available in tax credits by applying in one of the three application periods each year. Applicants will be analyzed based on fourteen different factors of evaluation, including number of full-time jobs being created, amount of investment, and strategic importance to the state or region. Learn more and start your online application.

 
Maintaining and growing your business

Maintaining and growing your business

By Brittney Sherman

Wondering how you can leverage AI, SEO, and social media to grow your business? Have questions about implementing Quickbooks? The Silicon Valley Small Business Development Center (SBDC) offers FREE monthly virtual and in-person trainings and workshops around key business topics. Visit the SBDC upcoming events page to scroll through the list of upcoming classes and pick the topics most relevant to you.

 
Patriotic products celebrate America's birthday

Patriotic products celebrate America's birthday

By Brittney Sherman

America turns 250 years old this year and retail brands are joining the party by offering patriotic-themed products. Food and beverage brands in particular are rolling out limited-time flavors and packaging to promote brand awareness, create a personal connection to customers, and secure a non-traditional placement within big box stores. Read the article in Modern Retail to learn how Chobani, La Colombe, and Cibo Vita are leading the way in patriotic branding.

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