March 2025 Newsletter: Tariffs, Trade Shows, and What is on the Horizon

Tariffs, Trade Shows, and What's on the Horizon

Site Selectors Guild Annual Conference Site Selectors Guild is one of our staple events that we attend every year. Not only are we there to continue to foster relationships with some of the nation's top site selectors and shine a light on why our region is a great choice for businesses looking to expand and relocate, but it helps us stay on top of the ever-changing business landscape.  There was a lot of talk about tariffs, the outlook for international investment, and what businesses' biggest needs are (people, sites, and power). The consensus on tariffs and international investment ... was that there wasn't one. Some are seeing projects move forward, some are seeing them put on hold, and some are seeing them pause and consider other global locations. What does this mean for us and California in general? - We need to continue to work to change the narrative on what it's like to do business in California. I had several conversations with site selectors that reinforced this point. California has A LOT going for it, but one thing it doesn't have going for it is the perception that it's hard to do business and is more expensive. As we've debunked, we're very competitive when it comes to the cost of doing business, are home to very business-friendly communities, and have access to top talent and university graduates. And the big takeaway is that we need to continue to shout from the rooftops.  I was glad to be joined by our regional partners from Lake Elsinore, Riverside County, and Team California there to drive this point home. I'll be sharing more about these takeaways and feedback at our May board meeting.  I hope to see you there!- Connie Stopher, EDC Executive Director Employer Needs Assessment Survey We are taking input for a couple more weeks on our employer needs assessment. Your input will provide insight on what you're looking for in summer interns. We'll continue to grow this internship program in partnership with our local school districts and employers. Click here to access the survey. MSCJ Online Apprenticeship Program Join MSCJ on April 30th! For the OpenClassrooms Kickoff Event, where you'll learn about this innovative program. Plus, they'll share key findings from a new regional report on apprenticeships, offering valuable insights into workforce trends and opportunities in our region. Register Here! April is Innovation Month Each April, partners across Riverside County collaborate to highlight and elevate innovation across the county. Don't miss the Quick Pitch happening in Wildomar on April 10th! Businesses interested in participating can register using the QR code below.  Neighborhood Healthcare Facility Tours Neighborhood Healthcare is offering tours of two of their local facilities in March. PACE Murrieta tours are available on April 15th from 11:30 to 12:15; Menifee Health Center tours are available on April 16th from 12:15 to 1:00. Please note that all tours are by appointment only. To book your tour, please email Bryan Chavez. IAMC Membership Membership in IAMC is very coveted and comes with a long waiting list. But, after around 3 years of waiting, we are glad to announce that we have been accepted to the Industrial Asset Management Council.  This will aid in our mission to reach top global companies looking to grow and highlight this region's competitive advantage for business.  Our membership comes with the ability to bring partners to conferences. If any partners are interested in learning more, please reach out to Connie: [email protected]  EDC Board Meetings We cancelled our April board meeting to allow our members time to attend the other events happening that day. Our next meeting will be May 1st, hosted by Neighborhood Healthcare. Stay tuned for more details. Contact Us   Connie Stopher, CEcD Email: [email protected] Office: 951-694-9800 Cell: 951-557-8040 Economic Development Coalition, P.O. Box 1388. Temecula, CA 92593 Site Address: 43200 Business Park Drive, Temecula, CA 92590, United States Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.

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