Fresno airport gets $3.15M federal boost as passenger numbers hit record high

Rep. Jim Costa announced Thursday that $3.15 million in federal funding has been secured for Fresno Yosemite International Airport (FAT), providing the City of Fresno funds to plan and design infrastructure improvements enhancing airport services.

The funding was granted through the Fiscal Year (FY) 2026 Airport Improvement Program brings the total federal funding secured by Costa for FAT to more than $85 million in recent years, helping develop key infrastructure improvements including expanded terminal service, dining and retail services, public art and enhanced parking.

“I’m proud to continue that work with this latest $3.15 million in FY26 funding,” Costa said, adding that the investment will help design and plan the future of the airport. Building on past Community Project Funding and Bipartisan Infrastructure Law grants, these resources strengthen regional connectivity and fuel economic growth that benefits families across the Central Valley.”

Fresno Mayor Jerry Dyer expressed gratitude for Costa’s continued passion in driving funds to the airport, adding that with each development comes new jobs, improved passenger experience and long-term growth potential.

“Our airport has been growing steadily, and this investment allows us to build on that momentum,” Dyer wrote in a news release Thursday. “The result will be improved travel options, new jobs, and a stronger local economy.”

Fresno Yosemite International Airport enjoyed a record-breaking year for travel in 2025, surpassing 2.7 million passengers and has recently seen expanded growth featuring local businesses in its terminal with the opening of Mad Duck Craft Brewing Co., earlier this week and plans for future expansion featuring local business in the future.

“Securing this federal funding helps to support Fresno Yosemite International Airport in advancing infrastructure projects that expand regional connectivity and strengthen economic vitality,” said Interim Director of Aviation Francisco Partida. “These projects deliver a world-class airport that meets the needs of our community and supports continued progress.”

https://thebusinessjournal.com/fresno-airport-gets-3-15m-federal-boost-as-passenger-numbers-hit-record-high/

UC Merced Scientists Among Global Elite Shaping AI, Climate and Health

UC Merced continues to demonstrate its growing influence on the global stage.

Several faculty members landed on Clarivate’s 2025 list of the world’s most‑cited researchers. The honor is reserved for the top 1% of scholars whose work has shaped their fields over the last 10 years. Clarivate, which produces journal impact factors and other analytics, says the award identifies the world’s most influential researchers.

Researchers have always advanced scientific understanding by building upon the discoveries of those who came before them. Today, they publish in peer‑reviewed journals. Their work is evaluated by experts before it is shared with the wider community. In every new paper, authors show how their work fits into the larger scientific story by citing earlier research, then clearly laying out the fresh insights and contributions their latest study brings to the field.

For UC Merced, the Clarivate recognition reflects a mature and fast‑advancing research enterprise rooted in Central Valley priorities — water, wildfire, climate resilience and equitable innovation — and extending into frontier areas such as artificial intelligence. Recognition on the Highly Cited list is a marker of UC Merced’s trajectory: a young campus now operating at top‑tier research intensity, producing scholarship that shapes its fields and its region.

As Clarivate’s President of Academia and Government Bar Veinstein put it in announcing the 2025 list, the honorees “advance innovation and inspire the global research community to tackle society’s greatest challenges with creativity and ingenuity.”

For the Valley, that means world‑class research rooted in local needs. Merced’s labs thrive on close student‑faculty collaboration, often with undergraduates contributing to published research — an opportunity that can be rarer at older, larger institutions.

Ming‑Hsuan Yang, professor of electrical engineering and computer science, has appeared on the Highly Cited list annually since 2018, helped by seminal work in face detection, object tracking and representation learning. Now, his group is pushing into vision‑language models — systems that connect images and text and increasingly power generative tools and reasoning engines. Making the list again, he said, shows he has not peaked.

“I’m still doing the work,” he said. “I’m still making a good impact. I’m glad people use my work and build on top of it. On the other hand, I also build on other people’s work, so it goes both ways.”

Yang maintains an active research role in industry while leading UC Merced students in cutting-edge computer vision.

Distinguished Professor Martin Hagger, the only recipient from the School of Social Sciences, Humanities and Arts, is recognized on the list for a sustained body of work in social and health psychology spanning self-control, determinants of health behavior, and theory integration. Hagger’s lab at UC Merced focuses on how beliefs, motivation and habits translate into real world behavior change. Hagger made the list for the fourth consecutive year. In 2025, Hagger was promoted to distinguished professor, received UC Merced’s Senate Award for Distinction in Research and was elected a fellow of the American Psychological Association.

One of Hagger’s most cited papers examines ego depletion—the idea that people’s self-control is limited and depletes, leading to lapses in impulse control. His work challenged that idea and received widespread attention, including media coverage in 2016.

“Highly cited authors might contribute to a department’s research reputation — having authors whose research is highly cited is a hallmark of a research-intensive culture at a university and suggests that the department and the university conduct very high-impact research,” Hagger explained. “As the department and UC Merced more broadly have moved toward achieving very high research intensity status, including reaching R1 status last year, the reputation of the research produced by its faculty is important.”

UC Merced’s cross-field recognition also extends to biochemistry and public health through Emeritus Distinguished Professor Henry Jay Forman, a pioneering scholar in free radical biology and redox signaling. Forman, one of the campus’s founding faculty members, has served in national leadership roles and continues to contribute to research and publishing.

In a year when Los Angeles was devastated by wildfires, climate experts John Abatzoglou, a professor in management of complex systems, and Professor Crystal Kolden, director of the campus’s Fire Resilience Center, were sought after by media and highly cited by their peers.

Both appear on the 2025 Highly Cited list. Abatzoglou is listed in both environment and ecology and geosciences, reflecting the breadth of his climate science portfolio. His lab develops datasets and tools that help communities, agencies and land managers understand climate variability and anticipate impacts.

Kolden, a pyrogeographer, focuses on the human environment dimensions of wildfire, from prescribed fire and mitigation to recovery planning. She is a recognized expert in community-focused resilience strategies.

“We’re public servants to the people of California first and foremost, especially at a school like UC Merced,” Kolden said. “It’s always an honor when your peers cite your research, because it means your work has impact. But my goal is always to reduce the potential for the wildfire disasters that destroy peoples’ lives.”

Yang’s AI work positions UC Merced at the frontier of a field transforming health care, agriculture and education; his students and collaborators help fuel a growing California talent pipeline. Hagger’s research informs interventions tied to chronic disease and mental health — key concerns in the Central Valley — and his international collaboration in Finland brings global insights back to campus.

Clarivate emphasizes that citation activity is only the starting point. The list is refined using quantitative metrics, qualitative analysis and expert judgment, with explicit attention to research integrity. That approach reflects how UC Merced faculty describe their work — impact rooted in collaboration, mentorship and openness.

“I have had a lot of great graduate students, and I really have to thank them,” Yang said. “They’re doing well, and I hope that making this list and helping raise the university’s profile draws even more highly qualified graduate students to our labs.”

https://news.ucmerced.edu/news/2026/uc-merced-scientists-among-global-elite-shaping-ai-climate-and-health

Calgren opens renewable gas station in Pixley fed by dairy methane

A new fueling station in Pixley closes the loop on a circular energy system where dairy waste powers both consumer vehicles and the agricultural trucks that serve local farms.

Calgren, a Pixley-based ethanol and renewable natural gas (RNG) production company, announced the completion of its first direct-to-consumer renewable compressed natural gas (R-CNG) fueling station. The facility allows drivers of CNG-compatible vehicles — including passenger cars, buses, and commercial fleets — to fuel with locally produced R-CNG from dairy methane.

Calgren has been producing renewable fuels in California’s Central Valley since 2008, when its ethanol facility in Pixley began operations. The company began expanding into dairy biogas in 2017, when it started permitting some 20 miles of pipeline to connect Pixley-area dairies to its Highway 99 production plant, according to previous Business Journal reporting.

At the time, company President Lyle Schlyer said the project would increase biogas volumes by as much as 20 times, replacing fossil fuel natural gas at the plant with methane captured from covered lagoons at nearby dairies. In July 2019, Calgren completed what was expected to become the largest dairy biogas operation in the U.S., becoming the first facility in California to operate a dairy digester pipeline cluster.

The facility now captures methane from more than 66,000 cows at area dairy farms, addressing California regulations that require the livestock industry to cut methane emissions to 40 percent of 2013 levels by 2030.

The project marks a significant milestone for Calgren, enabling the company to deliver its carbon-negative fuel directly to the local community for the first time.

“This station is about connecting the full circle of our work, producing quality feed for dairy cows, capturing methane that is traditionally released to atmosphere from dairies, processing it into renewable fuel, and putting it straight into vehicles on our roads, including our own partner trucks that haul our products and co-products,” said Travis Lane, CEO of Calgren. “The cow is fueling the truck that hauls the feed that fuels the cow, right here in Tulare County. This system helps to manage the dairy cows & environmental footprint, so they can continue to help feed and support our communities.”

https://thebusinessjournal.com/calgren-opens-renewable-gas-station-in-pixley-fed-by-dairy-methane/

Stratolaunch lands major private equity investment

One of eastern Kern’s most promising aerospace operations has secured a nine-figure investment — likely its largest ever — from a prominent private equity firm intent on extending the company’s leadership in hypersonic testing services. Stratolaunch announced Tuesday the investment by Florida-based Elliott Investment Management LP will allow the company to increase vehicle production capacity, boost flight frequency and pursue carrier aircraft.

Separately, in a federal investment almost certainly going to Stratolaunch, the House on Thursday passed an appropriations package that includes $15 million to enhance an undisclosed, reusable hypersonic testbed in Kern County. The 15-year-old Mojave-based company, already credited with successful hypersonic flights of reusable, autonomous aircraft, said the ultimate goal of Elliott’s investment is more and increasingly relevant demonstrations for the U.S. Department of War and its partners in the private sector.

“At a time when speed, scale, capability and execution matter more than ever, this investment (by Elliott) enables Stratolaunch to move faster and think bigger,” President and CEO Zachary Krevor said in a news release. “The United States does not have time for incrementalism.”

The capital commitment of a firm that reported managing more than $76 billion in assets as of June 30 complements an earlier investment by Cerberus Capital Management LP, a private equity firm based in New York City that reports having about $70 billion in assets. How soon the investment might bring new jobs to the region is hard to say. Stratolaunch spokeswoman Eva Folsom noted Wednesday that everything the company does, from engineering to manufacturing to production and test flights, happens in Mojave.

“As we increase our fleets, that increases our flight cadence, and the more we fly, the more we can expand our company,” Folsom said. She added that the ramp-up Elliott is funding is expected to happen by the end of this year.

Since March 2024, Stratolaunch has focused on essentially selling space. That is, the company does not build aircraft for sale but allows companies access to its testbed as they refine their own technologies.

Though recognized locally for its large carrier aircraft, Stratolaunch’s key innovation is a much smaller vehicle that can, and repeatedly has, flown at least five times the speed of sound. It calls its Talon class of planes “the first and only commercial autonomous, reusable hypersonic aircraft with multiple successful flights.”

The federal government has taken greater interest in hypersonic flight after reports in recent years that China and Russia have exceeded U.S. capabilities. The U.S. Department of War has indicated it wants to scale up to field hypersonic flights once weekly on average. A news story published this week by UK-based Aerospace Global News said Stratolaunch’s plans to increase its flight cadence addresses the Department of War’s push for quicker design-test-learn cycles.

“Exploring additional carrier aircraft reduces reliance on a single launch platform and opens the door to parallel operations across multiple test ranges,” the story stated.

Folsom said Stratolaunch hopes to have a new Talon ready to fly as soon as this quarter as the company works to produce others. In addition, it is looking to either buy a second Boeing 747 carrier or build another massive, dual-fuselage Roc carrier, she said. Elliott’s head of global private equity, David Kerko, said in Tuesday’s release that the firm looks forward to partnering with Cerberus and Stratolaunch executives to support the company’s growth.

“We are pleased that our capital can help extend the company’s market leadership in hypersonic testing services and enable its continued expansion,” Kerko stated.

https://www.bakersfield.com/news/stratolaunch-lands-major-private-equity-investment/article_2494261c-e73b-45b0-b579-54aec0f527e9.html

Massive AutoZone Distribution Center opens in Madera County

A massive AutoZone Distribution Center has opened in Madera County. Madera County Supervisor Jordan Wamhoff posted the center’s ribbon-cutting and grand opening in Chowchilla on Tuesday on social media. The building is 556k ft. and will serve 350 stores across Northern California.

https://kmph.com/news/local/massive-autozone-distribution-center-opens-in-madera-county-350-stores-across-northern-california-400-full-time-jobs-to-local-workers

Former Del Monte property on market for $70M

Looking to the future of the 1.3 million square-foot Del Monte processing plant that closed last year in Hanford, the owner says as a result of a December auction, all major processing ag equipment has been sold off and the property is on the market for around $70 million.

“It’s an attractive package,” says Morningstar Farms CEO Chris Rufer who added they have no plans to reuse the facility to process tomatoes. Instead he will sell off the multiple-building package with 650 acres of open land and 25-car rail spur at Jackson and South 11th Ave. near Hanford. Del Monte has been exiting the food processing business in California and just recently decided to close its cling peach cannery, laying off 600.The move left growers with no home for their crop. Rufer says the logical use for the vacant Hanford buildings is for a logistics use as a distribution center. Rufer says the tomato business has consolidated as contracts have led to reduced acreage.

Faraday Future stock falls below $1 NASDAQ-required level

Investors may not be impressed despite Faraday Futures’ splashy launch of robot sales announced at the recent NADA auto show in Las Vegas earlier this month. The company may be first out of the gate to begin selling humanoid type robots at the end of this month. But the company’s stock has slid below a key threshold of under a dollar per share for the first time since April 2025. It was 77 cents Tuesday and fell below $1 as of Feb. 3 when the Las Vegas event was underway. The company could lose its listing on the NASDAQ exchange if the low value persists. If the closing share price remains below $1 for more than 30 consecutive trading days, a deficiency notice is automatically triggered, and the company is granted no less than 180 days to regain listing compliance. The decline makes it harder for the company to convince investors to take a chance.

Snow drought relief at China Peak

Like all California ski resorts, China Peak above Fresno has suffered through more than a month of no snow just when they needed it. The resort has been using machine snow to make up the difference and keep the place open despite the melting of the snowpack all around them and 75 degree weather in nearby Fresno. This week there is finally some good news that the persistent ridge of high-pressure off of our coast is breaking up. Instead of warm weather, the snowpack is expected to fall as low as 3,500 feet. Storms will be cold. On their website, China Peak announced, “We will reopen Thursday at 9 a.m. with fresh snow. Will keep you posted as the weather moves in starting Tuesday. It may be a foot or snow then a bigger system rolls in at some point over the president holiday weekend.”

$22M Vallarta lease tops Central Valley deals

A $22.2 million retail lease at Visalia’s Eastgate Plaza topped the Central Valley’s commercial real estate deals in 2025 — part of a year dominated by industrial warehouses and big-box retail as office properties were a nonfactor. Industrial and retail properties dominated the Largest Commercial Real Estate Transactions list (see pages 8-9) in the Central Valley in 2025, according to the broker survey of transactions from Jan. 1 to Dec. 31.

Last year’s highest-dollar transaction was the $22.2 million retail lease signed by Vallarta Supermarkets at Eastgate Plaza in Visalia, which covers over 53,000 square feet. The retail center at 600 S. Lovers Lane will have seven buildings that include the supermarket, two retail stores, a carwash, two drive-thru restaurants and one drive-thru coffee house. The new Vallarta store would be 53,000 square feet with one co-anchored store with 26,000 square feet.

Close behind Eastgate Plaza was a $22 million industrial lease at Riggin Avenue in Visalia, spanning over 202,000 square feet. The two Visalia transactions highlight the Central Valley’s focus on large-format retail centers and industrial facilities.

Warehouse and industrial sales also were among 2025’s largest deals. A $21.5 million sale at 1467 E. Dinuba Ave. of the former Prima Wawona packinghouse in Reedley scaled more than 360,000 square feet, making it the largest industrial sale by area. Other large industrial transactions included a $9 million sale in Clovis and multiple leases in Visalia and Fresno over 100,000 square feet.

Retail leasing and sales continued to be active across Fresno and Tulare counties. Transactions included a $13.2 million lease on Blackstone Avenue in Fresno and a $9.9 million lease on Cesar Chavez Boulevard. Several retail sales ranging from $7 million to $5 million occurred in Fresno, Porterville, Bakersfield and Lemoore, showing continued turnover in established shopping corridors.

Office properties represented a smaller share of the year’s top transactions but remained present in higher-end submarkets. A $16.8 million office lease in north Fresno’s River Park ranked among the largest office deals, while a $6 million deal on Divisadero Street was another large sale.

Land sales appeared throughout the list, mainly in Fresno and Visalia.

Parcels ranging from around 10 to more than 40 acres traded at prices between $3 million and $7.2 million, indicating continued positioning for future development tied to industrial, retail and mixed-use projects. Across the full ranking, industrial and retail properties accounted for the majority of total transaction value, both in sales and long-term leases. The largest deals tended to cluster in Fresno and Visalia, with additional high-dollar transactions in Reedley, Clovis, Porterville, Bakersfield and Madera.

In 2024, retail made up six out of the top ten most expensive transactions.

https://thebusinessjournal.com/22m-vallarta-lease-tops-central-valley-deals/