Port of Stockton operations not crimped by COVID-19 pandemic

California’s largest inland seaport, the Port of Stockton, is open and operating normally, officials say, although some measures are in place to prevent the spread of the virus that causes the COVID-19 illness. “The Port of Stockton’s priority is to ensure the health and safety of all Port stakeholders; to date, the Port of Stockton’s ability to support our business partners has not been impacted by COVID-19,” says Port Director Richard Aschieris.

https://files.constantcontact.com/2cb20f61601/2f931797-fd73-4394-b999-f3037480f26c.pdf

Madera County named one of the fastest growing communities in the West

A recent study by the U.S. Department of Commerce Bureau of Economic analysis showed Madera County saw the fastest growth in the West in a medium-sized community with a 6.6% increase for its gross domestic product, which is the value of goods and services produced within the county. The study highlighted growth areas in agriculture and forestry, especially in the mountains where trees have died.

Business landscape looks bright for Shafter

The City of Shafter has been enjoying a reputation of being one of the fastest growing cities in business in recent years, attracting such companies as Target, Ross and several other big retailers. The most recent addition is Walmart, which is scheduled to open the most technologically advanced distribution center in the nation in Shafter in the fall of 2020. Bob Meadows, business development director for the city, says Shafter is a sought-after destination for businesses, large and small. “We have several irons in the fire. This year should see the city continue to build on this success and make 2020 a special one.” Financially, the city has been touted as one of the most financially sound cities in the state. Meadows said that since he joined the city last year, he has become aware of the great reputation the city has in Kern County, as well as in the state of California.

FRESNO COUNTY ECONOMIC FORECAST: INTERNATIONAL INTEREST COMES ROLLING IN

VALLEY’S FASTEST GROWING COMPANIES SHINE BRIGHT

With The Business Journal’s 2019 Fastest Growing Companies list (published Oct. 25) comes a variety of companies ranging from upstarts in their industries to recognizable, household names that continue to grow today. Three companies on the list — No. 5 Boling Air Media you might see at Fresno State games and at the newly revived Lemoore Naval Air Show; No. 2 Suncrest Bank has been in Tulare County since 2008, expanding beyond the Valley in recent years; and the No. 1 company, Solar Maintenance Pros dba Solar Negotiators — found success offering a variety of services in an emerging market.

https://thebusinessjournal.com/valleys-fastest-growing-companies-shine-bright/?utm_source=Daily+Update&utm_campaign=6cd41e0e0c-EMAIL_CAMPAIGN_2019_11_04_09_09&utm_medium=email&utm_term=0_fb834d017b-6cd41e0e0c-78934409&mc_cid=6cd41e0e0c&mc_eid=a126ded657

uBreakiFix Expands California Footprint With Central Valley Store

 

By: uBreakiFix

Industry-Leading Tech Repair Brand Brings High Quality Electronics Support to Fresno

FRESNO, Calif., Sept. 19, 2019

uBreakiFix services anything with a power button, including smartphones, game consoles, tablets, computers, drones, hoverboards, and everything in between. To date, uBreakiFix has completed more than 5 million repairs. While common fixes include cracked screens, software issues, and camera issues, the brand offers support for most technical problems on any electronic device, regardless of make or model.

Through strategic partnerships with leading technology companies, including Samsung and Google, uBreakiFix provides Samsung Galaxy customers and Google Pixel and Pixelbook customers with manufacturer-backed, same-day repair services using genuine parts. Through the partnership with Samsung, Galaxy owners can get in and out-of-warranty repairs at more than 350 locations nationwide, with most repairs completed in two hours or less.

uBreakiFix Fresno is the first location for owners Ryan McDaniel and Kali Mey. They have plans to another store in Clovis in the near future.

“I truly believe that uBreakiFix is the best tech repair company in the world, and we were thrilled to open the first location of this franchise in the central valley,” said McDaniel. “My business partner, Kali, and I were born and raised in this community. We feel so fortunate to give back by offering high-quality, affordable device repair to the people of Fresno.”

uBreakiFix was founded in 2009 by millennial duo Justin Wetherill and David Reiff, who later partnered with Eddie Trujillo to transition their Internet-based brand to a brick and mortar model. By offering convenience, accessibility, and unparalleled customer service, uBreakiFix filled a gap in the repair marketplace and has since emerged as an industry leader in growth, service offerings, and authorized partnerships. In 2018, Wetherill was inducted into the Forbes Technology Council, and uBreakiFix earned a top spot on Entrepreneur’s Franchise 500® list, ranking #18 overall, #1 in the Electronics Repair category, and #1 on the Top New Franchises list.

uBreakiFix has nearly 500 locations open across the U.S. and Canada. The brand opened nearly 130 new stores in 2018 and plans to increase growth in 2019. For more information on uBreakiFix franchising, visit http://ubreakifix.com/franchising.

“At uBreakiFix, our goal is to take the hassle of a broken device and create the most positive, convenient experience possible for our customers,” Wetherill said. “We are a customer service company first, and a tech repair company second. As we expand into Fresno, we look forward to becoming the trusted resource to keep consumers and businesses connected to the things and people who matter most.”

uBreakiFix Fresno is located at 7029 North Ingram Ave., Suite 101 Fresno, CA 93650 and can be reached at: 559-930-8243. For more information and to view a service menu, visit https://ubreakifix.com/locations/fresno.

About uBreakiFix

Founded in 2009, uBreakiFix specializes in the repair of small electronics, ranging from smartphones, game consoles, tablets, computers, and everything in between. Cracked screens, software issues, camera issues, and most other problems can be repaired by visiting uBreakiFix stores across the U.S. and Canada. Since 2016, uBreakiFix has served as the exclusive walk-in repair partner for Google Pixel customers. In 2017, uBreakiFix expanded the partnership to include exclusive after sales support for Google Pixelbook customers. In 2018, uBreakiFix became a Samsung Care authorized service provider offering same-day, in-person support for Samsung Galaxy customers across the U.S. In 2018, uBreakiFix also ranked #18 on Entrepreneur’s Franchise 500®, #1 in the Electronics Repair category, and #1 on the Top New Franchises list. For more information, visit https://www.ubreakifix.com.

DiMuto Breaks Into US Market Through Deal With Central Valley Citrus Packer Fancher Creek Packing

 

 

DiMuto Produce September 23, 2019

Singapore – DiMuto, a tech-based trade solutions platform that provides end-to-end supply chain visibility for global businesses, has expanded its footprint into the USA by closing a deal with major citrus packer Fancher Creek Packing (“Fancher Creek”). Using DiMuto’s Track & Trace blockchain solution, Fancher Creek will tag citrus fruits, including oranges, lemons and grapefruits, from the US to various parts of Asia.

Located in Visalia, within the agricultural San Joaquin Valley, Fancher Creek’s packing facility is strategically situated in the heart of California’s Central Valley, which grows over 250 different crops, with an estimated value of US$17 billion, annually. Central Valley is also responsible for a quarter of the food production in the US. Fancher Creek works with growers, packers and shippers to provide citrus produce to the rest of the US, as well as overseas markets, such as Japan and Korea. Additionally, DiMuto will aid Fancher Creek in expanding its distribution channels by penetrating Southeast Asian markets in DiMuto’s trade network, including Indonesia, Malaysia and Singapore.

As part of its trade solutions, DiMuto’s Track & Trace blockchain technology is a low-cost, effective solution that seamlessly integrates with supply chain workflows and existing systems to create traceability and accountability for each fruit, from farms, factories, cold chain to distribution channels and end consumers. Every single fruit is tagged with a QR label, photographed and tracked at each stage of the supply chain to provide end-to-end, 24/7 visibility from farm to fork. Data is encrypted and loaded onto the distributed digital ledger, enabling verified documents and data to be shared on a single platform, reducing trade disputes over quality and strengthening trust amongst all parties.

Mr Gary Loh, DiMuto’s Founder and Chairman, said, “We are tremendously excited to be working with Fancher Creek to break into the US market and establish a presence in California’s Central Valley. The adoption of our technology by more players across the global produce industry underscores the scalability of our all-in-one trade management platform. It is platform-agnostic and interoperable among the different blockchain systems currently used by the big international retailers, and we envisage a faster rate of market adoption for our trade solution as retailers are increasingly requesting for suppliers to go on the blockchain to complete end-to-end traceability. As such, DiMuto ensures that we meet the needs of our global clients by adhering to internationally-accepted and business-led standards.”

DiMuto was most recently inducted into the GS1 Singapore Solution Partner Program (“SPP”) to offer blockchained trade management solutions for member companies of the not-for-profit Global Standards 1 (“GS1”) based in Belgium. As part of the SPP, DiMuto’s solutions can be easily adopted by GS1 supply chain players all over the world for their trade management needs

https://www.perishablenews.com/produce/dimuto-breaks-into-us-market-through-deal-with-central-valley-citrus-packer-fancher-creek-packing/

Central Valley Continues to Charm Logistics Buyers

sf-prologis.jpg

STOCKTON, CA—Newport Beach, CA-based CT purchased the 345-acre industrial site for the 4.4 million-square-foot NorCal Logistics Center in May 2017 and has now completed the first phase development, including three spec buildings. The last to be completed is a 1.12 million-square-foot building, one of the single-largest speculative industrial buildings in Northern California. The second phase of development will begin toward the end of 2018 and include three additional buildings totaling approximately 1.6 million square feet.

The first two buildings in phase one totaling 575,127 square feet have been sold to Prologis for $47 million. Prologis paid approximately $82 per square foot for the buildings, which were unleased and in shell condition at closing.

“These transactions reflect the high demand for world-class logistics facilities in major distribution markets nationwide,” said Carter Ewing, managing partner of CT. “The speed with which these buildings transacted following completion mirrors the strong interest we are experiencing in several other projects we currently have underway. In this case, the transaction allows Prologis to enjoy a fair profit on their investment going forward while providing CT with a sizeable return and well ahead of schedule; a true win-win.”

Prologis’ interest in the Central Valley is well known. As of the end of 2017, it has taken ownership of 31 buildings, approximately 15 million square feet, and is projected to continue producing oversized returns.

CT was represented in the sale by Kevin Dal Porto, Blake Rasmussen and John McManus of Cushman & Wakefield. Prologis was self represented.

NorCal Logistics Center is home to General Mills, KeHE Foods, Allen Distributors and Fox Head, and is in the heart of California’s Central Valley, a 185 million-square-foot industrial market. The region is an extension of a global logistics supply chain infrastructure directly linked to West Coast ports in Oakland/Stockton, Los Angeles/Long Beach, Portland, OR and Seattle/Tacoma.

Since its establishment in 1994, CT has completed more than 300 transactions valued at more than $3 billion. CT has acquired more than 2,000 acres of industrial land since 2010, and the company is primarily focused on the investment of class-A US industrial logistics developments. CT has active developments in Southern California, New Jersey and other East Coast markets. CT has more than 10 million square feet under development and another 10 million square feet in its development pipeline.

For example, CT is in development on logistics centers near Chicago, Atlanta and in the Dallas/Fort Worth metroplex, where the company last month announced the development of Oakdale Logistics Center in Grand Prairie, TX. The company plans to announce three new development projects in the next few months, further extending its nationwide logistics footprint.

Nationwide, industrial vacancy stands at 7.3%, the lowest since first quarter 2001, according to the first quarter 2018 CBRE US industrial availability index. The first quarter 2018 construction totaled 35 million square feet with absorption at 41 million square feet. This is the 32nd straight quarter of positive absorption. The drivers of supply chain demand–consumer consumption, business inventories, industrial production–all showed growth in first quarter 2018. Consumer consumption is directly linked to demand for warehouse and logistics real estate, which is fueling investment and development activity. PREA’s fourth quarter 2017 consensus forecast survey projects a 7.1% return for logistics real estate from 2017 to 2021; more than apartments, retail or office, GlobeSt.com learns.

Originally appeared in GlobeSt

https://www.cbicommercial.com/blog/2018/7/6/central-valley-continues-to-charm-logistics-buyers

HILTI GETS BIGGER HOME IN VISALIA FOR FUTURE GROWTH

Visalia Mayor Bob Link, in the white shirt, shakes hands with Hilti, Inc. employees following a ribbon cutting at the company’s new, larger distribution center at the Visalia Industrial Park. Photo contributedåç

Published On June 20, 2019 – 3:12 PM
Written By David Castellon

If you aren’t in the business of constructing homes, commercial buildings or other structures, chances are you never heard of Hilti.

But in Visalia, the Luxemburg-based maker of professional-grade power tools and other construction products has made a name for itself over the past 24 years as a business and employer in the Visalia Industrial Park.

Now, the company is expanding its presence, having leased a newly-built, 166,000-square-foot building to house its West Coast distribution and Value-Added Service centers.

On Wednesday, the new facility at 4630 N. American St. was opened to local business people and dignitaries for a ribbon-cutting ceremony conducted by executives from Hilti, Inc. — the company’s Oklahoma-base U.S. division — and Visalia Mayor Bob Link.

The Visalia distribution center is the largest of 12 Hilti distribution centers in the U.S. and Canada, covering the West Coast and Pacific Rim.

Among the tasks performed at the Value-Added Service Center are assembling prefabricated parts installed with new walls to prevent the spread of fires and equipment to mount lights and heavy equipment to ceilings.

The European company has eight factories around the world, making tools mostly for commercial-builders, but some Hilti products can be found at Home Depot hardware stores and at about 100 Hilti stores in the U.S.

Hilti vacated two smaller buildings in other parts of the Visalia Industrial Park — which combined offered about 65,000 square feet of space — to move into the new building. Staff, work spaces, inventory and supplies occupy only about two thirds of it, said Patrick O’Connell, vice president of logistics for Hiliti, Inc.

He said sales for the company are on the rise, particularly in the U.S., so moving to a larger building is intended to prepare for growth.

Currently Hilti employs 30 people in Visalia, both at the new building and at a separate tool repair center also in the Industrial Park. While there are no immediate plans to expand that staff, there now more than 50,000 square feet available to make room for added hires and equipment in the future if the growth continues, as expected, O’Connell said.

https://thebusinessjournal.com/hilti-gets-bigger-home-in-visalia-for-future-growth/