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1st Quarter 2022 Sales Tax Data Released

1st Quarter 2022 Sales Tax Data Released

By Brittney Sherman

Here are a few key takeaways from Morgan Hill's 1st Quarter 2022 sales tax numbers:

-Santa Clara County sales tax collections grew 14% and Morgan Hill collections grew 8.4%, as compared to this same quarter last year.

-Receipts from local Morgan Hill brick and mortar purchases rose 9.3% compared to 2021, supporting the continued trend of buying locally.

Sales tax collected from service stations rose 52% compared to 2021, as a result of increased gas prices and the continued return of commuter travel.

Casual dining and quick-service restaurants continued their upward trend, marking the 4th full quarter in a row where restaurant receipts have increased.

Read the full report from HdL HERE.

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

 
First Farmworker Apartment Complex to Break Ground in Morgan Hill

First Farmworker Apartment Complex to Break Ground in Morgan Hill

By Brittney Sherman

On Thursday, August 11, the first affordable apartment housing project to offer dedicated farmworker housing in Santa Clara County will break ground in Morgan Hill. This apartment project is a 73-unit multi-family complex called Royal Oak Village.

Read the full Press Release HERE.

Have questions? Contact City of Morgan Hill Housing Director Rebecca Garcia at Rebecca.Garcia@morganhill.ca.gov

 
Magnolia's Apartment Project to Include Farmworker Housing

Magnolia's Apartment Project to Include Farmworker Housing

By Brittney Sherman

The Magnolias Community is Morgan Hill's second rental project to include units specifically dedicated for farmworker housing. This multi-family rental community will feature 66-units and will be located at 17965 Monterey Road in Morgan Hill. With the City of Morgan Hill's existing apartment vacancy rate at 1%, the Magnolias provides affordable housing options to households earning 30% to 60% of the area median income (AMI), which for a family of four is $168,500. This project provides much needed affordable housing for agricultural workers and unhoused families.

Read the full Press Release HERE.

Have questions? Contact City of Morgan Hill Housing Director Rebecca Garcia at Rebecca.Garcia@morganhill.ca.gov

 
June eNewsletter

June eNewsletter

By Brittney Sherman

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

·   Morgan Hill Market Analytics Report

·   389-Unit Apartment Complex Breaks Ground

·    Invesco Purchases Butterfield 5 Industrial Park

·    NEW Water Conservation Emergency Regulation

·    Magical Bridge Playground Opens

·    The Secret Door, Cigarland, and Cochi’s Kitchen

·    Business Resources

Read the June 2022 eNewsletter HERE and reach out to the team if you have any questions or want to connect with us. 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

 
Micro-Mechanics: A world-renowned Singapore-listed company

Micro-Mechanics: A world-renowned Singapore-listed company

By Brittney Sherman

Micro-Mechanics started in 1983.  After establishing manufacturing plants in Singapore, Malaysia, China and the Philippines, as well as sales representation  in Taiwan, Europe, Thailand and Japan,  the company established a factory in Morgan Hill in 2008. Micro-Mechanics designs and manufactures advanced semiconductor packaging, testing tools and consumables, in addition to manufacturing critical precision tools and components for water manufacturing and other high-tech industry custom process applications. Micro-Mechanics employees 65 people at its Morgan Hill location, offering a wide range of shifts, including weekends and nights, in addition to a competitive employee package including opportunities for healthcare and matching savings accounts. Micro-Mechanics aims to be at the forefront of environmental preservation practices in the Manufacturing Industry. They currently have solar and rooftop carports that cover more than 70% of their electrical needs, with another solar expansion project currently in the pipeline. Since becoming a public company in 2003, Micro-Mechanics has become a world-renowned Singapore-listed company, receiving consistent attributes for their corporate governance, transparency, and investor relations practices. Thank you Micro-Mechanics, for “Choosing Morgan Hill.

Learn more about Micro-Mechanics HERE

 
SVEDA Members Tour Downtown Morgan Hill

SVEDA Members Tour Downtown Morgan Hill

By Brittney Sherman

Economic Development Directors from 9 Bay Area Cities met in Morgan Hill on June 23 for a walking tour of the Downtown District. The docent-style tour, led by City of Morgan Hill Economic Development Director Matt Mahood and Assistant City Manager Edith Ramirez, provided an overview of recently opened businesses, current and future developments, and community and art activations. Representatives from Live+Love+Leal, Alara Cellars and the Running Shop and Hops greeted attendees and gave a business overview.

The Silicon Valley Economic Development Alliance, an initiative of Joint Venture Silicon Valley, is comprised of cities and counties focused on achieving individual and regional economic development goals while maximizing scarce resources. Silicon Valley EDA is committed to addressing business needs, whether through local government policy and streamlined permitting processes, or linking businesses to local and regional resources that add value to company innovation and growth. Learn more about SVEDA HERE

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

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