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Filtered by Category: large business

 
2025 Opens with positive sales tax results

2025 Opens with positive sales tax results

By Brittney Sherman

The first quarter of 2025 marks the first time in two years that the state of California received a positive year-over-year sales tax result. During that same timeframe Santa Clara County sales tax was down 2.2%, Bay Area sales tax was up 0.5% and City of Morgan Hill sales tax was up 0.1%. Much of the City’s positivity can be attributed to a statewide audit on online sales, leading to reallocations in the County pool which resulted in Morgan Hill’s share increasing 2.1% when compared to this same quarter last year.

The City’s Auto and Transportation category declined in alignment with nationwide industry results, the Fuel and Service Station category decreased due to a reduction in the price of crude oil, and the General Consumer Goods category declined signaling a shift from instore to online shopping. The first quarter of the year historically yields the lowest sales tax generation. Starting the year with a positive sales tax report is hopefully an indicator of additional positive results to come.

Read the full first quarter 2025 sales tax report HERE.

 
Adult education and employment resource fair

Adult education and employment resource fair

By Brittney Sherman

Looking to further your education or gain employment? On April 10th the Morgan Hill Unified School District will host a Career Fair at the Community Adult School focused on providing resources and opportunities around adult education and employment. Attend a variety of free workshops and meet local business representatives to learn more about their company and employment vacancies.

Email Jodie Wylie for more information.

 
Retailers projected to grow in 2025

Retailers projected to grow in 2025

By Brittney Sherman

Location analytics company Placer.ai published their list of top 10 retailers to watch in 2025, identifying brands that their data collection and analysis platform predicts will be growth accelerators. In the grocery industry Sprouts is the front runner, while the Big Box category features Sam’s Club and H Mart. Mediterranean-based Cava and chicken sensation Raising Cane’s topped the quick service restaurant category and Life Time won the health & wellness award. As it relates to retail, Ashley Furniture, Nordstrom, Barnes & Noble, and Bluemercury were all frontrunners. The brands mentioned above have continued to evolve and respond to the ever-changing consumer market keeping, them relevant and primed for growth in 2025.

Read the full Placer.ai white paper HERE.

 
Millions in tax credits offered to existing and future California businesses

Millions in tax credits offered to existing and future California businesses

By Brittney Sherman

Over $214.7 million in tax credits will be available in the next round of the California Competes Tax Credit (CCTC) program. Businesses that want to locate in or stay and grow in California and create quality, full-time jobs in the state that might not otherwise be created by the business or any other business, are eligible to apply. To learn more, register to attend one of two webinars hosted by Go-Biz on February 26 or March 6. The official application period will open on Monday, February 24, 2025, and close on Monday, March 10, 2025.

Learn more about the CCTC and start your application HERE.

 
Business Spotlight: Aragen Bioscience

Business Spotlight: Aragen Bioscience

By Brittney Sherman

Founded in 2000 as a family-owned broadband bioscience business, Aragen Bioscience leased their first building in Morgan Hill in 2004. Twelve years later, the company expanded into a 27,000 sq.ft. and 15,000 sq.ft. building, both of which they continue to reside in today. Serving primarily other Biotech and Pharma companies, their services consist of contracted research requiring the use of Aragen as a primary or supplementary laboratory research contractor. They employ 70 highly educated and skilled workers, and although they are currently fully staffed, they will require additional employees as their footprint in Morgan Hill continues to grow.

Learn more about Aragen Bioscience HERE.

 
Business Spotlight: Airtronics Metal Products

Business Spotlight: Airtronics Metal Products

By Brittney Sherman

Founded in 1960 as a family-owned metal fabrication business, Airtronics Metal Products initially set its roots in Sunnyvale, later relocating to San Jose for a business expansion opportunity. Approximately 10 years ago, the company made what it hopes to be their final move to an 88,000 sq.ft. building in Morgan Hill, aiming to further accommodate growth and enhance service capabilities. Serving primarily medical device producers, their clients hail from across the western hemisphere, from the South Bay to South America. Their services consist mostly of building shell enclosures for medical and networking companies, which are then shipped out to be filled with sensitive equipment such as lasers and boards. Airtronics provides a wide range of manufacturing services from laser cutting, punching, and welding, to painting, silk screening and assembly. The company employees 70 people and is currently looking to hire two welders.

Learn more about Airtronics HERE.

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