JULY 2009

Table of Contents
-Real Estate Roundup (June 2009)
-August Breakfast Event – Solano’s Economic Impact ~ Wine Industry
-Workforce Investment Board
-Did you know – Solano Tourism?


Real Estate Roundup (June 2009)

CBRE (www.cbre.com)
- 907 Cotting Lane, Vacaville, CA – 13,836 SF lease to J & B Aviation
- 1051 Aldridge Road, Vacaville, CA – 4,800 SF lease to General Machining
- 640 Eubanks Court, Vacaville, CA – 1,400 SF lease to Correct Equipment

Colliers International (www.colliersparrish.com)
- 457 Industrial Way, Benicia – Lease Renewal of 40,000 sf to Metropolitan Van & Storage, Inc.
- 505 Lopes Road, Fairfield - Leased 16,800 sf to Juvenal, S.A
- 324 Campus Lane, Suite A, Fairfield – Leased 2,290 sf to Maxim Healthcare Services, Inc.
- 4705 Mangels Blvd, Fairfield – Sale of 2,155 sf to Sierra Pacific Investment Co.
- 4775 Mangels Blvd., Fairfield – Sale of 2,155 sf to State Farm Insurance
- 4727 Mangels, Fairfield - Leased 1,441 sf to PB Americas, Inc.
- 3841 Bithell Lane, Solano County – Lease Renewal of 12,750 sf to Matrix Service, Inc.

Cornish & Carey (www.ccarey.com)
- 921 Eubanks Drive, Vacaville – leased 4,542 SF to Dow Diversified, Inc.
- Interstate 80 @ Midway Road, Vacaville – sold ±216 acres to Gary Thiara & Kurt Hilbers
- 4701 Industrial Way, Benicia – sold 243,000 SF to Gonsalves & Santucci, Inc.

Cushman & Wakefield (www.cushmanwakefield.com)
- 499 Edison Ct, Fairfield - 5,100 sf leased to Westinghouse
- 2850 Cordelia Rd., Fairfield – 1,740 sf leased to Ron Brilliant

Premier Commercial (www.pcres.net)
- 1249 Illinois St, Fairfield - 4,800 sf lease to Loose Endz, Inc.
- 712+714 Madison, Fairfield - 2,800 sf lease to Teresita and Michelle Reyes

______________________________________________________

Member Breakfast Event – Solano’s Economic Impact ~ Wine Industry

Come hear about the Economic Impact of the Wine Industry in Solano County from Industry Experts on growing, bottling, corking, distribution and tourism!

Date: Thursday, August 20, 2009
Time: 7:30 – 8 am Registration & Networking
Place: Hilton Garden Inn Fairfield
2200 Gateway Court, Fairfield, CA
Cost: $25.00 Solano EDC Members*
(*complimentary tickets are available varying on membership level)
$35.00 Non-members

To register, call (707) 864-1855 or email: pat@solanoedc.org

______________________________________________________

Workforce Investment Board (WIB)

The Workforce Investment Board (WIB) of Solano County has received an additional $1,567,481 in WIA funding from President Obama's American Recovery and Reinvestment Act (ARRA) to serve local youth in a Summer Youth Employment Program. The WIB will seek to serve approximately 450-500 young people in the local community, ages 14-24, May 1, 2009 - September 30, 2009, with an emphasis on work readiness and paid work experience with public, non-profit, and for-profit worksites.

For further information contact:
Julie Gallego (707) 863-3506 or Cheryl Franklin-Golden (707) 863-3530

If you would like information about the Business Services offered by the WIB contact:
Sonja Rockwell-Jackson, Business Services Representative, (707) 649-3616

______________________________________________________

Did you know?

Tourism is a major economic generator in Solano County, although it is not quite as large as Napa and Sonoma but still quite impressive. According to a 2007 California Travel & Tourism Commission report…
- The total direct travel spending in Solano was $587 million dollars
- With hotel and motel receipts of $158 million dollars
- $158 million dollars of total earnings
- And local tax receipts of $7.5 million dollars

Over the past 6 plus years these numbers have continued to grow and show no sign of decline.

Continue to support our local economy with a “staycation” in the Fun and Exciting Solano County.



The Solano Economic Development Corporation’s mission is to enhance the economic vitality
and quality of life in Solano County communities through the attraction,
growth and retention of business and industry.

Solano EDC Team

Mike Ammann, President (mike@solanoedc.org)
Sandy Person, Vice-President (sandy@solanoedc.org)
Pat Uhrich, Office Manager (pat@solanoedc.org)
Andy Turba, Special Projects (andy@solanoedc.org)

Solano Economic Development Corporation
360 Campus Lane, Suite 102, Fairfield, CA 94534
Phone: (707) 864-1855 Fax: (707) 864-6621
Website: http://www.solanoedc.org/

Solano County has educated commuters

More than 27 percent of Solano County residents who commute outside the county to work have at least a bachelor’s degree.

Only San Francisco and Alameda counties have more commuters who hold bachelor or graduate degrees.

“”The data says that Solano County contributes the educated workforce that is driving the economic engine of neighboring counties within the Northeast Bay,” Michael Ammann, president of Solano Economic Development Corporation (EDC) said. Most important Ammann said “expanding Bay Area employers need to know that Solano has an educated labor force looking for job opportunities in Solano and business friendly Solano communities welcome new employers. Our saying is “Plant Your Business in Solano” and grow your business with our highly qualified work force.

The latest census data shows there are 75,000 Solano residents who commute out to other counties (see chart below) with more than 19,000 who have achieved bachelor or graduate degrees.

Ammann predicted that Bay area business will reduce their workers “carbon footprint” by moving to Solano County that will result in more high paying jobs in the future. He cited the growing biotech industry, food and beverage, and other specialized manufacturing clusters paired with the availability of industrial and business parks that are “shovel ready” as reasons why Solano will experience economic development opportunities.

Solano County Residents' Commute Flows
Educational Attainment of Population that Works Outside of the County • 2006



NOTE: Source: US Census Bureau, 2006 American Community Survey. Data taken from the Solano County 2008 Index of Economic and Community Progress. A research study funded by Solano County and conducted by the Solano EDC. See entire Solano County Index of Economic and Community progress can be found at: http://www.solanocounty.com/economicindex

Ammann steps down as head of TeamCalifornia

Michael Ammann, president of Solano Economic Development Corporation, has stepped down as head of TeamCalifornia. He led the statewide organization for two years. The non-profit group brings together economic development organizations from across the state to market their communities for business investment and job creation.

Ammann, one of TeamCalifornia’s pioneers, helped guide the group to a statewide organization that is an important advocate for business development in California.

“When first created, TeamCalifornia was envisioned as an organization that could give the state a strong voice for economic development—at a time when the state was doing very little,” Ammann said. “I have been proud to be a part of the group’s efforts. Today it is not only recognized nationally, it has worked with state officials to increase the government’s role in economic development.”
The new president of TeamCalifornia is Michael Bushey, an executive with Southern California Edison. He becomes the first Southern California representative to lead TeamCalifornia.

“With Mike (Bushey) we have a strong economic development advocate in the president’s chair,” Ammann said. “I turn the reins of TeamCalifornia over to him with extreme confidence that the organization will continue to serve the entire state well.