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Economic Development eNewsletter

Economic Development eNewsletter

By Brittney Sherman

Happy Holidays Morgan Hill Business Community!

We hope you are enjoying the season and looking forward to a prosperous New Year. As we close 2021, we wanted to express our gratitude for your contributions to make Morgan Hill a beautiful, vibrant, and healthy community, much of which is attributed to the passion, commitment, and resiliency of our local businesses.

In this eNewsletter, you will find information about key efforts that impact our business community, including:

·    Buy Local Campaign,

·    Updated Development Fee Study,

·    Downtown Lane Reduction and Place-Branding Project,

·    Industrial Lands Preservation Efforts,

·    Climate Action Plan, and

·    Business Resources

 

Read the December 2021 eNewsletter HERE and please feel free to reach out to the team if you have any questions or want to connect. We wish you happy and safe holidays and thank you for continuing to "Choose Morgan Hill."

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

 
Paramit Manufacturing Grows in Morgan Hill

Paramit Manufacturing Grows in Morgan Hill

By Brittney Sherman

Morgan Hill based company Paramit Manufacturing, a leading OEM developer and manufacturer of medical devices and life sciences instruments, was acquired by the TECAN Group earlier this year. The TECAN Group plans to not only retain the business in Morgan Hill but expand the existing footprint and workforce. Under their growth projections, Paramit will become one of the top 2 largest employers in Morgan Hill.

TECAN is a leading global provider of laboratory instruments and solutions in biopharmaceuticals, forensics and clinical diagnostics. The company specializes in the development, production and distribution of automation solutions for laboratories in the life sciences sector. Its clients include pharmaceutical and biotechnology companies, university research departments, forensic and diagnostic laboratories. As an original equipment manufacturer (OEM), Tecan is also a leader in developing and manufacturing OEM instruments and components that are then distributed by partner companies. Founded in Switzerland in 1980, the company has manufacturing, research and development sites in both Europe and North America and maintains a sales and service network in 52 countries.

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

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