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News and thoughts from our staff

Filtered by Category: large business

 
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.

 
Morgan Hill generates 2% sales tax growth in Q3

Morgan Hill generates 2% sales tax growth in Q3

By Brittney Sherman

Morgan Hill’s 3rd quarter 2023 sales tax results showed 2% growth, while the Bay Area and California were down 3% and 1.6% respectively. Morgan HIll’s major contributors were from the Auto/Transportation, Food/Drug, Building/Construction and Business/Industry sectors. The City’s top 25 sales tax producing businesses grew a collective 17%, accounting for approximately 61% of all sales tax revenue generated into the General Fund.

Read the 2-page shareable report HERE.

 
2023 End of year eNewsletter

2023 End of year eNewsletter

By Brittney Sherman

As we close out another busy year, the Economic Development team would like to wish all of our businesses a happy and prosperous holiday season. We are grateful for the community’s support of the Downtown Street Activations, the Buy Local Holiday Shopping Passport, and engagement during our business roundtable meetings. This final newsletter of the 2023 year captures just a few of our most recent accomplishments. We look forward to the New Year and our work ahead to support the City’s long-term fiscal sustainability and increase the number of local job opportunities for all Morgan Hill residents.  

Read the full eNewsletter HERE.

 
California tax credit program launches on January 2

California tax credit program launches on January 2

By Brittney Sherman

$164 million in tax credits are available during the next California Competes Tax Credit (CCTC) application period starting Tuesday, January 2, 2024. An application guide, Frequently Asked Questions (FAQs), program regulations, and a downloadable version of the webinar presentation can be found HERE. Businesses interested in applying can also register to attend a live webinar explaining the qualification and application process. The deadline to submit applications is Monday, January 22, 2024, at 11:59 p.m.


Register for the live webinar on January 3 at 9:30 a.m.- HERE.
Register for the live webinar on January 11 at 3:00 p.m.- HERE.

 
SF 49er player hosts Stay Hungry Career Camp at Shoe Palace

SF 49er player hosts Stay Hungry Career Camp at Shoe Palace

By Brittney Sherman

San Francisco 49ers’ Erik Armstead invited (30) local students to participate in his Stay Hungry Career Camp at the Shoe Palace Headquarters in Morgan Hill. Students were exposed to a variety of career pathways while touring the Shoe Palace warehouse, design studio, and mock store. The Stay Hungry Career Camp was created to help students connect their education to the real world by exposing them to career pathways worth pursuing and ultimately increasing their economic mobility long-term.

Watch the ABC7 News Report HERE.

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