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News and thoughts from our staff

 
Business Spotlight: Toray Advanced Composites

Business Spotlight: Toray Advanced Composites

By Brittney Sherman

Morgan Hill based company Toray Advanced Composites is finishing their expansion into a 60k sq.ft. building adjacent to their main buildings located on Sutter Rd. The company was formed through the acquisition of TenCate Advanced Composites and is a leader in high-performance materials, serving aerospace, space, automotive, and industrial sectors. The Morgan Hill facilities focus on advanced thermoplastic and thermoset composites, which are vital for reducing weight and enhancing performance in high-tech applications. Toray employes 260 people and is currently hiring for 5 positions.

Learn more about Toray Advanced Composites HERE.


 
Wine Trolley Service Launches in Morgan Hill

Wine Trolley Service Launches in Morgan Hill

By Brittney Sherman

Morgan Hill has its very own Wine Trolley, thanks to two long-time friends and residents who are making their dreams come true. Wine tours will be offered every Saturday and Sunday year-round, beginning on August 3, 2024. Tickets include a champagne welcome, visit and tour at three wineries, tasting fees, lunch, and of course transportation via trolley!

Learn more and book your ticket HERE.


 
Crafts Roots featured in America's top 18

Crafts Roots featured in America's top 18

By Brittney Sherman

Gotham Magazine recently published their list of the 18 best vegan restaurants across America. Craft Roots, a Downtown Morgan Hill restaurant that made the list in 2021, has once again been featured in the top 18.

Learn about all 18 restaurants featured on the list HERE.


 
US manufacturing activity on the rise

US manufacturing activity on the rise

By Brittney Sherman

A report from the Federal Reserve states that manufacturing activity increased by 0.6% for the month in June after a 0.9% increase in May. Research firm Oxford Economics also says that industrial production is expected to increase next year from the current industrial capacity utilization of 78.8%. The growth in manufacturing includes industries such as construction, consumer products, defense, and technology.

Did you know: Morgan Hill has 100+ Manufacturing companies accounting for approximately 20% of all jobs citywide. There is 7.7M sq.ft. of existing industrial, R&D, and warehouse space in Morgan Hill. Where the City’s previous industrial vacancy rate was 2%, today it is over 12% largely due to the recent completion of the Butterfield 5 and Cochrane Technology Center Industrial Parks. Morgan Hill has some of the newest and largest industrial space available in Silicon Valley, positioning them as a preferred location for manufacturers looking to expand, condense, or relocate.


 
Morgan Hill-based Bay Area Panthers enter IFL Playoffs

Morgan Hill-based Bay Area Panthers enter IFL Playoffs

By Brittney Sherman

The Bay Area Panthers are the Western Conference’s top seed in the upcoming playoffs of the Indoor Football League. The team has achieved a record of 12-3 this season with a recent victory of 50-28 on July 13th against the Duke City Gladiators. Morgan Hill is proud to host the Panther’s practices at the Morgan Hill Outdoor Sports Center. In addition, the city’s Aquatics Center, Centennial Recreation Center, local hotels, apartments, and offices have provided an ecosystem for the team to succeed. The Panthers are working hard to advance in the playoffs and win the IFL title for the second year in a row.

Read the full article in the Morgan Hill Times HERE.  


 
Amazon sales hit new records

Amazon sales hit new records

By Brittney Sherman

Have you noticed an increase in Amazon delivery trucks this past week? Amazon is currently delivering millions of items sold on Prime Day, a two-day sales event on its e-commerce platform that took place July 16 and 17. American consumers spent a total of $14.2 billion this year, an 11% increase year-over-year. The largest product categories included electronics, furniture and back-to-school items. As a whole, United States online retail spending is projected to hit $1.2T resulting in a potential 9.8% increase as compared to 2023.


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