2015 Kern County Market Overview

Page 1

2015 KERN COUNTY

MARKET OVERVIEW & INVESTOR DIRECTORY kedc.com

2700 M Street, Suite 200, Bakersfield, CA 93301

(661) 862-5150

kedc.com


Honesty. Respect. Professionalism. Courtesy. It’s how we treat all our customers. And it’s what you can expect from every State Farm agent, along with personal help with your insurance and financial needs. Like a good neighbor, State Farm is there. CALL AN AGENT OR VISIT US ONLINE TODAY. ®

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statefarm.com

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1101018.1

State Farm, Home Office, Bloomington, IL


alley Republic Bank is our trusted, local banking connection. Their leadership shares our core values and places as much emphasis on building lasting relationships as we do.”

P AUL C OOPER, B ART W ALLACE, B OB S MITH Wallace & Smith General Contractors

Local. Responsive. Reliable. At Wallace and Smith Contractors we approach every project with a spirit of teamwork and an emphasis on exceeding our clients’ expectations – on time and within budget every time. We value our association with local advisors whose standards are equally as high.

5000 California Avenue, Suite 110 | 661.371.2000 11330 Ming Avenue, Suite 400 | 661.617.2130

valleyrepublicbank.com Valley Republic Bank (VLLX)


ADVERTISER INDEX 61 | A-C Electric Company 55 | Aera Energy 16 | Bakersfield Convention & Visitors Bureau IV | Berkadia Real Estate Advisors 7 | Bolthouse Development Company 82 | Brumfield & Hagan 2 | Chevron

A KERN COUNTY TRADITION! Eliades Family

mily om Fa Vigstr

Perme nter F amily

Grueber Family

16 | City of McFarland 53 | City of Wasco 60 | County of Kern

A FamilyTradition Since 1955

dition ilyTra 1 A FaSmince 198 A Fam ilyT Since 1radition 962

Proud Sponsor of the Kern County Economic Development Corporation!

A FamilyTradition Since 1966

Mills Family

Family Hatcher

n yTraditio A Familce 1964 Sin Fis

Employee Benefits Program Excellent Loan Programs Online & Mobile Banking Large Co-Op ATM Network For more information, please contact Darlene Maddox, Business Development Officer, at darlene.maddox@ksfcu.org or (661) 833-7999. Federally Insured by NCUA

ii

54 | DoubleTree By Hilton Bakersfield 37 | Electrical Systems & Instrumentation

A FamilyTradition Since 1957

Now Open To All Kern County Residents!

25 | CSU Bakersfield

cher Family

55 | First American Financial Corporation 17 | GET Bus 60 | Greater Bakersfield | Chamber of Commerce

A FamilyTradition Since 1987

43 | Grimmway Farms

CONT. >>

2015 Kern County Market Overview & Investor Directory


TABLE OF CONTENTS II,IV | Advertiser Index 1 | President’s Message 3 | Editor’s Note & Acknowledgements

4

4-5 | Kern EDC: Helping Businesses | Thrive in Kern County Since 1988 Learn more about the county’s primary engine for economic and workforce development.

8-9 | Top 10 Reasons to Do Business in Kern County With top rankings making national news, it’s easy to see why Kern County is “the land of opportunity.”

10-15 | Kern County by the Numbers Take an in-depth look into Kern’s GDP growth, unemployment statistics, and much more.

18-23 | Kern County Business Advantage

8

Strategic market access and business-friendly environment are just two of the reasons companies prefer Kern County.

24-25 | Kern County Target Industries Oil and agriculture aren’t the only industries making headlines in Kern County. Find out more about what Kern “does for a living.”

26-27 | Aerospace & Defense Eastern Kern County is home to some of the most innovative and specialized technologies in the world.

18

28-31 | Energy & Natural Resources Kern County is the leading energy provider for the State of California and is connected to the strongest players in the global energy industry.

CONT. >>

2015 Kern County Market Overview & Investor Directory

24 iii


a Berkshire Hathaway and Leucadia National company

ADVERTISER INDEX CONT.

MARK J. BONAS, Bakersfield’s leader for multifamily dispositions and acquisitions, is the region’s preeminent advisor, specializing in the mid to large private capital arena.

Achieving Maximum Results for Clients - The Key Elements of Success n n

n

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Team – Focused, Elite, Experienced Professionals Capital Products – Direct Access to Full Spectrum of Capital Products for Acquisition, Refinance, and Redevelopment Marketing System – Speed to Market, Precision Targeting, Local and National Impact Research – Industry Leading Local Insight and National Market Research Spanning Coast-to-Coast

ABOUT BERKADIA Berkadia, a joint venture of Berkshire Hathaway and Leucadia National Corporation, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia is amongst the largest, highest rated, and most respected primary, master, and special servicers in the industry.

82 | Jim’s Supply Company IV | Kaiser Permanente

IBC | Kern County Board of Trade

BC | Kern Economic Development | Corporation 49 | Kern Economic Development Foundation

MARK J. BONAS Senior Vice President | 661.369.7100 | Mark.Bonas@berkadia.com | CA BRE License #00829060

www.Berkadia.com

II | Kern Schools Federal Credit Union VI | Marcom Group, The

A MODEL FOR THE WORLD. AN ADVANTAGE FOR YOUR EMPLOYEES.

6 | Marcom Real Estate 81 | McIntosh & Associates 81 | Quad Knopf 2 | Roll Real Estate Development 17 | Sierra Printers

More than 500 international organizations and governments use us as a model for innovative and cost-effective care.*

II | South Valley Electrical Contractors IFC | State Farm 55 | Taft College

DISCOVER A BETTER WAY kp.org/choosebetter *Kaiser Permanente International, http://xnet.kp.org/kpinternational/participants.html, accessed October 8, 2013.

iv

38 | Tejon Ranch Company I | Valley Republic Bank

2015 Kern County Market Overview & Investor Directory


TABLE OF CONTENTS

CONT.

32-33 | Health Care Services Kern County residents enjoy an array of cutting-edge medical services thanks to passionate and innovative health care providers.

34-36 | Transportation, Logistics | & Advanced Manufacturing Kern’s easy one-day turnaround trip to California’s largest population centers makes it a rapidly growing home for some of the world’s largest companies.

40-42 | Value-Added Agriculture

44

Agriculture has long been at the heart of Kern County’s economy and as one of the top commodities producers in the nation, it’s easy to see why.

44-47 | Community Profile With one of the fastest-growing populations in the nation, Kern’s diverse communities continue to flourish with opportunities.

48-53 | Education & Workforce Development

48

Meeting demands for a skilled and prepared workforce are top priorities for education professionals.

56-59 | Quality of Life With valley, mountain, and desert areas, Kern County has something for everyone.

62-76 | Kern EDC Investor Directory by Category

56 62

2015 Kern County Market Overview & Investor Directory

v

Photo courtesy Gilbert Vega

77-81 | Kern EDC Investor Directory Index


RESPONSIVE AND MOBILE WEB DEVELOPMENT LOGOS, BROCHURES, AND TRADESHOW DISPLAYS RADIO AND TELEVISION COMMERCIALS CONSULTING AND GUIDANCE TO KEEP YOU ON TRACK

661.489.4444 TheMarcomGroup.com


President’s Message

Welcome to Kern County An Emerging Economic Powerhouse!

H

ome to one of the fastestgrowing regions in California, Kern’s business environment is bustling with unprecedented growth and opportunity.

In fact, Area Development, a leading economic development publication, featured Kern and declared it a “California County that’s Making (Good) News.” According to a recent Harvard University study, Kern County ranked #1 in U.S. in terms of the “Odds of Reaching Top Fifth Income Level, When Starting from the Bottom Fifth.” Indeed, ample opportunities in energy, logistics, and value-added agriculture are providing lucrative career opportunities. Kern County is constantly in the national spotlight when it comes to its rapidly-growing and diverse economy and is poised to experience substantial economic growth in several industry sectors. Recent Top 10 performances by the Milken Institute and the Brookings Institution showcase to corporate executives and site selection consultants our significant economic strengths and advantages.

Let Kern EDC Help You Kern EDC staff visits an average of 100 County businesses per year. The two key goals for Kern EDC’s business retention and expansion (BRE) program are to remove local obstacles that prevent existing firms from remaining in operation in the community, and to help businesses become more competitive.

Kern EDC provides targeted business development assistance in the areas of strategic planning and marketing, production, regulatory, workforce development, and financing. 25,000 JOBS $5 BILLION CAPITAL INVESTMENT $1 BILLION ANNUAL WAGES Indeed, since the founding of Kern EDC in 1988, our businessfriendly environment, enhanced commercial/industrial infrastructure, and relatively low cost-of-doing business (93% of the U.S. average) and living (97% of the U.S. average) have helped to make Kern #1 in U.S in the 2000s for economic and personal income growth. Kern EDC will continue to encourage local economic growth by strengthening Kern County’s competitive position and facilitating outreach efforts to help our business community thrive. I invite you to learn more about Kern EDC’s role in helping to make Kern County the best investment a business can make! ■

RICHARD CHAPMAN President/CEO

... Kern County (ranks) #1 in U.S in the 2000s for economic and personal income growth.

2015 Kern County Market Overview & Investor Directory

1


THE SECRET IS OUT

PARAMOUNT LOGISTICS PARK is home to global distributors such as Target, FedEx, American Tire Distributors and Ross Dress for Less. The 1,625-acre, fully entitled logistics center has everything these companies are looking for in a distribution location. Find out what you’re missing.

MIKE MCRARY 909.467.6885

paramountlogisticspark.com

2

MAC HEWETT 909.467.6902

2015 Kern County Market Overview & Investor Directory


Editor’s Note

A Continuing Story of Innovation

One thing is certain: Kern County continues to deliver more than meets the eye. After all, we are the leading reason why: “California’s Central Valley enjoys what is essentially a microcosm of an entire nation’s economy. Or perhaps ‘microcosm’ is the wrong word, because there’s nothing ‘micro’ about it- the economy here dwarfs that of many nations.”

Kern Economic Development Corporation is proud to present the 2015 Kern County Market Overview & Investor Directory. This annual publication is prepared by Kern EDC to give you a synopsis of Kern County’s vast resources, business climate, demographics, and quality of life, which is important to consider while making your own business development decisions. This directory provides contact information needed to help you reach out and create strong relationships with our business partners, all of whom recognize that a strong economic development effort is integral to our county’s continued vitality. ■

FIONA LYTLE Research & Marketing Specialist

Photo courtesy Gilbert Vega

S

o many of the things that make our lives better, things that we take for granted every day, originate right here in Kern County. From petroleum and natural gas that fuel our way of life, to value-added agriculture that provides nutriment around the world, Kern County’s vast resources are essential for a global economy moving forward.

— Steve Stackhouse-Kaelble, Area Development

ACKNOWLEDGEMENTS ACKNOWLEDGEMENTS A special thank you to The Marcom Group for providing exceptional design work for this publication. We would also like to thank David Lyman, Bakersfield Visitors Bureau, and Kevin McCuster, CSU Bakersfield, for their valuable input and collaboration. Finally, we would like to thank Cheryl Scott, Kern EDC, for improving the publication’s readability.

2015 Kern County Market Overview & Investor Directory

3


Kern EDC Team

Executive Committee ROB DUCHOW Chair Southern Gas California Company

WAYNE KRESS Vice-Chair Cushman & Wakefield | Pacific Commercial Realty Advisors

LAUREL SHOCKLEY Secretary Southern California Edison Economic Development Services

STEVE RENOCK Treasurer Kern Schools Federal Credit Union

MIKE MAGGARD Supervisor County of Kern District 3

ZACK SCRIVNER Supervisor County of Kern District 2

DEAN BROWN Immediate Past-Chair Tejon Ranch

CARLA MUSSER Ex-Officio Member Representative for KEDF Chevron

Board of Directors TERRENCE ALEXIS National Cement

MICHAEL MYERS GEMCare Health Plan

HOLLY ARNOLD California Resources Corporation

CHRIS PARLIER City of Bakersfield

ISABELLE BRASSARD Rio Tinto Minerals/US Borax

STEVE PEREZ Rosamond Community Services District

TEOFILO CORTEZ, JR. City of Wasco CHRISTINE FRAZIER Kern County Superintendent of Schools

PATTY POIRE Grimmway Farms CATHY PROUT City of Shafter

KELLIE GARCIA California State University, Bakersfield

TOM SABA Saba Agency

TERESA HITCHCOCK Kern County Board of Trade

SANDRA SERRANO Kern Community College District

TIM HOOPER S.C. Anderson, Inc.

JEFF STONE Wells Fargo Bank

BRUCE JAY Valley Republic Bank

CHRIS WARD State Farm Insurance

TOM JONES Pacific Gas & Electric

JOHN WELLS The Bakersfield Californian

ORCHEL KRIER City of Taft

SUSAN WIGGINS City of Tehachapi

RICK KREISER Carney’s Business Technology Center

CHRIS WILSON Wallace & Smith Contractors

DR. DENA P. MALONEY Taft College

DAVID WOMACK Kaiser Permanente

DR. MICHAEL McCLENIC Kaplan College

JENNIFER WOOD California City

ROGER McINTOSH McIntosh & Associates

JOHN WOONER City of McFarland

DENNIS MULLINS Klein, DeNatale, Goldner

An environment that helps businesses grow and create new job opportunities is vital to the economic well-being of any community. Southern California Gas Company is proud to support Kern Economic Development Corporation and similar organizations that help make our communities stronger by supporting business expansion and job creation.

— Rob Duchow, Chair

4

2015 Kern County Market Overview & Investor Directory


Staff RICHARD CHAPMAN President/CEO

CHERYL SCOTT Vice President

What We Do.

E

MELINDA BROWN Director of Business Development/ Corporate Relocations

stablished in 1988 as a public private partnership, Kern EDC is dedicated to helping retain, grow and attract businesses and jobs in Kern County. We work with businesses, schools and universities, elected officials, and many organizations and partners seeking to advance economic vitality and quality of life in the region.

WORKFORCE DEVELOPMENT

Helping Companies Grow and Create Jobs

PRIVATE/PUBLIC SECTOR SYNERGY

Kern EDC offers a variety of services designed to support our mission. With local industry sector expertise and deep connections in Kern’s communities, we work to ensure the region remains a leader of commerce and a hub for innovation.

Kern EDC Services: SITE SELECTION Through partnerships with the County of Kern, municipalities and real estate professionals, we can identify available property and buildings that meet your requirements.

We provide direct access to educational and vocational training organizations, as well as other local training resources, to help you recruit, hire and train employees.

FIONA LYTLE Research & Marketing Specialist

FINANCING We help you find and apply for financial incentives, and connect you with grant and loan professionals.

We work closely with the public entities to advocate for local businesses. Whether we are helping facilitate the already expedient permitting process, or speaking to the Board of Supervisors on behalf of local companies, our strong relationship with the County is invaluable. RESEARCH We compile labor studies, demographic data, economic vitality updates and other important information you need to objectively evaluate Kern County as a viable option for your growing business. â–

2015 Kern County Market Overview & Investor Directory

TRISH REED Investor Relations Specialist

PATRICIA MARQUEZ Program Manager & Foundation Liaison

COURTNEY ANSOLABEHERE Administrative Assistant

Helping Businesses Thrive in Kern County Since 1988. 5


Laura Galicia Realtor

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CALBRE #01962894

Kym Plivelich

President/Realtor

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CALBRE #01849454

319.6978 Kym@MarcomRealEstate.com

303.0498 Laura@MarcomRealEstate.com

MarcomRealEstate.com

Shelly Meadows Realtor

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CALBRE #01948455

205.2153 Shelly@MarcomRealEstate.com

BUY OR SELL WITH CONFIDENCE “Our focus is on you, not the number of sales. We are about the quality of the transaction, knowing the current market, and exceeding your expectations every step of the way.”


S EVEN O AKS BUSINESS PARK

Your business will be in good company as part of the city’s most prestigious master-planned community. Surrounded by preferred residential properties, exclusive retail establishments, and successful businesses, the Business Park is the first choice of distinguished employers seeking the finest office location.

EXCEPTIONAL OCCUPANTS

• Houchin Community Blood Bank • Hoffmann Hospice • Kern Schools Federal Credit Union • Seneca Resources • The Villages at Seven Oaks Assisted Living and Memory Care • DaVita Dialysis • The Alzheimer’s Association of Kern County and a new Commercial Office Building. WE WELCOME YOUR INQUIRIES

Located between Buena Vista and Allen Roads, south of White Lane. Office and retail parcels are available for sale or build-to-suit within the 276 acre Business Park, ranging from 1 acre to 50 acres.

COMMERCIAL • INDUSTRIAL RESIDENTIAL 2000 Oak Street, Suite 250 | Bakersfield, California 93301

661.323.4005

www.sevenoaksbusinesspark.com


Top Ten

Top 10 Reasons to Do Business in Kern County

1

Location, Location, Location!

Kern County is geographically the center of California’s population, making it accessible to 38 million consumers.

5

Top 15 FastestGrowing Metro GDP (Bureau of Economic Analysis)

Powered by the oil & gas industry, Kern County saw a reported GDP jump by 5.9 percent in 2012, the nation’s 14th highest growth rate, just ahead of Austin, Texas.

2

Top 15 StrongestRecovering Areas in U.S. (Brookings Institution)

(Bureau of Labor Statistics)

The Brookings Institution’s Metro Monitor ranked Kern County #11 in the U.S. for economic recovery. Four indicators were used: jobs, unemployment, output (gross product), and house prices.

The Bakersfield MSA (Kern County) ranks #1 for fastest-growing workforce and #4 for most industrial variety, according to WalletHub’s “2014 Best U.S. Cities To Find A Job” list.

6

7

#4 Most Industrial Variety (WalletHub)

From aerospace to logistics and manufacturing jobs, Kern County has a bountiful job market for the average job seeker, independent of background or industry focus.

... (Kern County) ranks #1 for fastest-growing workforce and #4 for most industrial variety ... 8

3

#1 Metro for Fastest-Growing Workforce

#5 Metro in U.S. for Upward Mobility (National Bureau of Economic Research)

Kern County is definitely the land of opportunity because it ranks #1 in California for “Odds of Reaching Top Fifth Starting from the Bottom Fifth.” Greater mobility is associated with the following community characteristics: less segregation, less income inequality, better schools, greater social capital, and more stable families.

2015 Kern County Market Overview & Investor Directory


These are just a few accolades that demonstrate Kern County’s stability as an economic power house.

With top rankings making national news, it’s easy to see why Kern County is “the land of opportunity.”

4

#2 Millennial Job Growth Creation (Forbes)

The Bakersfield-Delano metropolitan area had the second-fastest job growth rate in the nation for millennials from 2007 to 2013, at 11%.

8

Top 20 Best Performing U.S. Metro (Milken Institute)

Kern County has held steady at the #19 spot due to good performance in job and wage growth, despite lagging the state and the nation in educational attainment.

9

#9 Engineering Jobs per Capita in U.S. (Forbes)

Over 15,000 people work in the energy industry and engineers make up about 4,680 employees. This translates to 17.1 engineers per 1,000 employees.

10

#4 Region for STEM Jobs (Brookings Institution)

The number of local blue-collar technical jobs in the energy industry puts Kern’s Bakersfield MSA ahead of Seattle for the prevalence of technical jobs: science, computer technology, engineering and math. ■

Over 15,000 people work in the energy industry and engineers make up about 4,680 employees. 2015 Kern County Market Overview & Investor Directory

9


By the Numbers

Kern County by the Numbers The Fast-Growing U.S. Economy Since 2001

VALUE TAXES

VALUE

(County of Kern, Tax Rates & Assessed Valuations 2014-2015)

TAXES

VALUE TAXES

10

Chevron USA

California Resources (Oxy) Aera Energy

Freeport-McMoRan

$8,413,035,302 $94,499,791

$7,802,593,404 $84,165,912

$6,643,209,411 $68,940,443

$2,180,792,414 $22,627,451

Berry Petroleum Vintage Company Petroleum

Seneca Resources

Southern California Edison

$1,990,741,600 $21,290,277

$800,545,874 $8,410,604

$794,134,112 $11,177,775

$1,410,208,403 $15,521,877

Pacific Gas & Electric

Paramount Farms International

$790,266,574 $11,124,180

$497,308,176 $5,292,537

Retail Trade (3,400) Manufacturing (3,000) Transportation, Warehousing & Utilities (2,900) Educational Services, Health Care & Social Assistance (8,900) Professional & Business Services (6,800) Leisure & Hospitality (4,900) Government (4,500)

I

n 2013, Kern’s GDP increased 1.2% over the previous year. The manufacturing and trade industries were the top performers. This compares to a staggering 7.6% growth rate in 2012. Currently, Kern County holds the title as the fastestgrowing economy—among the 200 largest metros—in the U.S. since 2001.

GROWTH IN EMPLOYMENT FROM 2012-22

Construction (2,400)

Wholesale Trade (1,500) Financial Activities (1,400) Other Services (1,100) Mining & Logging (200) Information (200)

2015 Kern County Market Overview & Investor Directory

(State of California, Employment Development Department, 2015)

TOP 10 TAXPAYERS


(State of California, Employment Development Dept.)

Information

0.78%

Other

2.25%

Financial Activities

Manufacturing

Construction

Mining & Logging

2.61%

% OF COUNTY EMPLOYMENT

3.83%

0

4.26%

10,000

TOTAL: 337,042 100%

5.60%

Trade, Transportation & Utilities

14.67%

20,000

Leisure & Hospitality

Educational & Health Services

16.19%

30,000

6.99%

Government

17.44%

40,000

Business Services

Agriculture

50,000

7.90%

60,000

17.5%

AVGERAGE ANNUAL EMPLOYMENT

ANNUAL AVERAGE EMPLOYMENT BY INDUSTRY 70,000

Kern’s Top Ten Major Employers 1. EDWARDS AIR FORCE BASE Location: Edwards Type: Military Employees: 12,224 2. COUNTY OF KERN Location: Bakersfield Type: Government Employees: 8,785 3. CHINA LAKE NAVAL WEAPONS CENTER Location: China Lake Type: Military Employees: 7,000

AVERAGE WEEKLY WAGES BY COUNTY

Location: Arvin

San Luis Obispo

(Bureau of Labor Statistics)

o sn e Fr 719

4. GRIMMWAY

$770

Kern

Type: Agriculture

$820

Employees: 4,130 5. WM. BOLTHOUSE FARMS

$

Location: Bakersfield

Riverside $763

Type: Agriculture Employees: 2,209 6. SAN JOAQUIN COMMUNITY HOSPITAL

Industry Projections According to the State of California Employment Development Department, industry employment in Kern County is projected to reach 371,900 by 2022, an increase of 14.7% over the next ten years. Total nonfarm employment is projected to grow by more than 41,000 jobs by 2022. Fifty percent of all projected nonfarm job growth is concentrated in three industry sectors. ■ Educational services, health care, and social assistance leads the anticipated growth adding the most jobs at 8,900 jobs. Ambulatory health care services is predicted to bring in 4,400 of these jobs. ■ Professional and business services is expected to have job gains of 6,800 with an estimated growth of 4,500 jobs in administrative and support and waste management and remediation services. ■ Leisure and hospitality is projected to add 4,900 jobs, the third largest increase, with food services and drinking places increasing by 4,200 jobs.

Location: Bakersfield Type: Health Care Employees: 2,059 7. SUN WORLD Location: Bakersfield Type: Agriculture Employees: 1,600 8. DIGNITY HEALTH Location: Bakersfield Type: Health Care Employees: 1,500 9. CITY OF BAKERSFIELD Location: Bakersfield Type: Government Employees: 1,474 10. GIUMARRA VINEYARDS

... industry employment in Kern County is projected to reach 371,900 by 2022 ... 2015 Kern County Market Overview & Investor Directory

Location: Bakersfield Type: Agriculture Employees: 1,215 (Kern Economic Development Corporation)

11


By the Numbers

(U.S. Bureau of Labor Statistics, Division of Occupational Employment Statistics)

OCCUPATIONAL EMPLOYMENT AND WAGE ESTIMATES OCCUPATION

LOCATION QUOTIENT

MEAN HR WAGE

ANNUAL MEAN WAGE

Architecture & Engineering

1.38

$44.90

$93,400

Arts, Design, Entertainment, Sports & Media

0.63

$22.61

$47,020

Building & Grounds, Cleaning & Maintenance

0.71

$12.46

$25,910

Business & Financial Operations

0.72

$33.36

$69,400

Community & Social Service

1.28

$23.47

$48,820

Computer & Mathematical

0.56

$40.02

$83,250

Construction & Extraction

1.60

$23.16

$48,180

Education, Training & Library

1.07

$24.67

$51,310

Farming, Fishing & Forestry

41.84

$9.15

$19,030

Food Preparation & Serving Related

0.79

$10.19

$21,190

Health Care Practitioners & Technical

0.76

$38.46

$80,000

Health Care Support

0.71

$12.86

$26,740

Installation, Maintenance & Repair

1.19

$23.13

$48,120

Legal

0.43

$43.89

$91,300

Life, Physical & Social Science

1.01

$37.68

$78,360

Management

0.74

$51.02

$106,130

Personal Care & Service

0.76

$16.77

$34,870

Production

0.60

$19.88

$41,360

Protective Service

1.31

$29.69

$61,760

Sales & Related

0.75

$16.40

$34,110

Transportation & Material Moving

1.20

$16.00

$33,280

Occupational Employment The fastest growing occupations anticipate an annual growth rate of 2.1% or higher. Twenty-four percent of the fastest growing occupations are in the healthcare field. Occupations range from home health aides that require a high school diploma or less and earn $10 per hour, to medical and health services managers that require a bachelor’s degree and pay median wages of $53 per hour. ■

25%

OCCUPATION BY CLASS OF WORKER

20% 15% 10% 5% 0%

12

24.8%

21.8%

20.9%

19.1%

13.4%

Management, Business, Science & Arts

Natural Resources, Construction & Maintenance

Sales & Office

Service

Production, Transportation & Material Moving

(U.S. Census Bureau, 2013 American Community Survey.)

30%

2015 Kern County Market Overview & Investor Directory


(State of California, Employment Development Department, 2015)

TOP 20 FASTEST GROWING OCCUPATION IN KERN COUNTY

OCCUPATION

ESTIMATED EMPLOYMENT 2012*

PROJECTED % EMPLOYMENT GROWTH 2022

MEDIAN ENTRY LEVEL ANNUAL WAGE EDUCATION†

Telecommunications Equipment Installers & Repairers, Except Line Installers

430

750

74.4%

$42,931

5

Drywall & Ceiling Tile Installers

320

510

59.4%

$41.246

8

Medical Assistants

1,680

2,480

47.6%

$25,040

5

Personal Care Aides

4,120

5,960

44.7%

$18,964

8

Home Health Aides

880

1,240

40.9%

$21,241

8

Dental Hygienists

350

490

40.0%

$73,714

4

Phlebotomists

230

320

39.1%

$34,583

5

Market Research Analysts & Marketing Specialists

500

690

38.0%

$62,438

3

Rehabilitation Counselors

360

490

36.1%

$30,746

2

Cement Masons & Concrete Finishers

480

650

35.4%

$38,747

8

Painters, Construction & Maintenance

460

620

34.8%

$35,792

8

Medical & Clinical Laboratory Technicians

320

430

34.4%

$36,624

4

Medical Records & Health Information Technicians

350

470

34.3%

$29,633

5

Medical Secretaries

1,090

1,460

33.9%

$33.628

7

Industrial Machinery Mechanics

1,270

1,690

33.1%

$54,869

7

Dental Assistants

770

1,020

32.5%

$27,267

5

Cooks, Restaurant

1,480

1,950

31.8%

$21,614

8

Laborers & Freight, Stock & Material Movers

6,140

8,070

31.4%

$23,506

8

Nursing Assistants

1,210

1,590

31.4%

$24,053

5

First-Line Supervisors of Helpers, Laborers & Material Movers

550

720

30.9%

$51,340

7

Entry Level Education

1 - Doctoral or Professional Degree

3 - Bachelor’s Degree

5 - Postsecondary Non-degree Award 7 - High School Diploma or Equivalent

2 - Masters Degree

4 - Associate’s Degree

6 - Some College, No Degree

8 - Less than High School

*Data sources: U.S. Bureau of Labor Statistics’ Current Employment Statistics (CES) March 2013 benchmark, Quarterly Census of Employment and Wages (QCEW) industry employment, and Occupational Employment Statistics (OES) data.

2015 Kern County Market Overview & Investor Directory

13


UNEMPLOYMENT TREND IN KERN COUNTY 15% 14% 13% 12% 11% 10% 9% 8%

LABOR STATISTICS

16% 14%

2010

2012

2011

2013 2014

12%

Labor Force

392,467

Number of Employed

351,017

Number of Unemployed

41,383

Unemployment Rate

10.6%

10% 8% 6%

0% Bakersfield

14

Kern County

6.2%

2%

10.6%

4%

(State of CA Employment Development Dept., 2014 average)

UNEMPLOYMENT RATE COMPARISON

7.3%

(State of California Employment Development Department)

JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2013 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014 2014

(State of California Employment Development Department)

By the Numbers

Currently, Kern County holds the title as the fastest-growing economy—among the 200 largest metros—in the U.S. since 2001.

Kern County

2015 Kern County Market Overview & Investor Directory


“According to the State of California Employment Development Department, industry employment in Kern County is projected to reach 371,900 by 2022, an increase of 14.7% over the next ten years.”

(U.S. Bureau of Economic Analysis)

GROSS DOMESTIC PRODUCT (GDP) BY METROPOLITAN AREA METROPOLITAN AREA

GPD

Bakersfield

$39,700,000,000

Fresno

$37,000,000,000

Companies by Employee Size 1-19

100-499

1-19

260

20-99

500+ +

Stockton

$22,500,000,000

Modesto

$18,000,000,000

39.7b

$

Gross Domestic Product

8

#

Metro in California for GDP

2015 Kern County Market Overview & Investor Directory

20-99

17

(U.S. Census Bureau, County Business Patterns)

66

#

Metro in U.S. for GDP

15


Bakersfield...

Explore the Arts

. . . the Sounds

. . . the Outdoors

VisitBakersfield.com

McFarland is ready for business! The City of McFarland partners with local and regional organizations. Whether you are looking to start a new business, relocate,

. . . the Bounty

866-425-7353

Our rapidly growing community boasts incredible scenic, recreational, cultural, educational and business opportunities for you. Take a moment to discover why your company should make McFarland their home.

California’s fastest growing city in the Central Valley.

expand an existing business, or just seeking assistance, the City of McFarland can provide you with all the resources you need.

Best Affordable Places to Live in California!

ADMINISTRATION ▪ FINANCE ▪ PLANNING ▪ PUBLIC WORKS 401 W. KERN STREET ▪MCFARLAND, CA 93250 (661)792-3091▪ (661)792-3093 www.mcfarlandcity.org

City of Possibilities. Ready for Business.

2015 Kern County Market Overview & Investor Directory

16


There are enough things in your everyday life you’re not sure of. Don’t let GET Bus arrival times be one of them. Get Smart. For real-time status of your GET Bus, visit getbus.org/realtime on your desktop, download the Golden Empire Transit app on your smartphone or tablet, or call 661-869-2438.

2015 Kern County Market Overview & Investor Directory

17


Business Advantage

Kern Business Advantage Access 14% of the U.S. Population within 300 Miles!

K

ern County’s centralized location cannot be beat when it comes to reaching West Coast destinations. Combine Kern’s location with the usual lack of traffic congestion and the road ahead is a painless one.

101

Vancouver

PORT OF SEATTLE

CANADA

Seattle

PORT OF TACOMA

15

UT

Las Vegas Barstow

58

40

San Bernardino

10

San Diego

PORT OF SAN DIEGO

Colorado Springs

40

Oklahoma City

NM

10

AR

OK 35

ROADS

LOS ANGELES AIRPORT

LA

Laredo

10

Houston Galveston

New Orleans

IRVINE

Union Pacific Railroad

40 40

91

710

PORTS OF LOS ANGELES AND LONG BEACH

BSNF Railroad

Dallas

San Antonio

MEXICO

UNION PACIFIC RAILROAD

Little Rock

RIVERSIDE

BSNF RAILROAD

30

TX

Drive Time

1

VICTORVILLE

10 PALM SPRINGS SAN DIEGO AIRPORT

DRIVE TIME

20

10

Roads

LOS ANGELES

PARAMOUNT LOGISTICS PARK

MO Memphis

40

AZ El Paso

ROADS

18

LEGEND St. Louis

Wichita Springfield

15

BARSTOW

58 101

44

PARAMOUNT LOGISTICS PARK

DRIVE TIME

KS

178

BAKERSFIELD

58

Topeka

Amarillo Albuquerque

Phoenix

8

MEADOWS FIELD KERN CO. AIRPORT

Kansas City

25

Flagstaff

Tucson

LEGEND

CO

LAS VEGAS

43

SHAFTER

70

17

1

UR

Y

UR

Los Angeles

DA

O

101

PORTS OF LOS ANGELES AND LONG BEACH

UR

UR

2H

HO

-2

HO

O

5

R

Des Moines

Omaha

Denver

70

R

Chicago

NE

15

Fresno

FRESNO

5

WI IA

80

99

15

90

Cheyenne

H

Minneapolis

Sioux Falls

Salt Lake City

H

SAN JOSE

SANTA CRUZ

25

Y

6

Reno

SD

WY

80

Sacramento 99

Pocatello

-

DA

NV

PORTS OF SAN FRANCISCO AND OAKLAND

San Jose

UR

1

San Francisco

12

CA 5

HO

UR

ID 10

SAN FRANCISCO AIRPORT

Duluth

24

HO

Butte

MN Fargo

Bismarck

MODESTO

280

S

18

OR

94

680

UR

MT 82

395

101

ND

PORTS OF SAN FRANCISCO AND OAKLAND

O

90

Portland Eugene

4

SAN FRANCISCO

Spokane

WA PORT OF PORTLAND

OAKLAND AIRPORT

SAN DIEGO PORT OF SAN DIEGO

Roads Drive Time

2015 Kern County Market Overview & Investor Directory

10


Brokerage Houses that Specialize in Business

Office Real Estate Snapshot According to Cushman & Wakefield, Kern County’s office market finished strong in 2014. Office vacancies decreased a remarkable 23% from 8.1% (Q4 2013) to 6.53% (Q4 2014). Kern’s 2013 vacancy rate was the lowest in the nation! One year later, an even lower vacancy rate of 6.5% is substantially lower than the current national average of 14%.

BROCK REALTY ADVISORS www.brockrealtyadvisors.com

SUMMARY OF 2014 MARKET

CUSHMAN & WAKEFIELD | PACIFIC COMMERCIAL REALTY ADVISORS

MARKET

RENTABLE SQ FT

Q4 2014

AVG RATES

GENERAL

±8,500,000 RSF

[6.5%]

$1.53/SF/MO MG

Class A

±2,900,000 RSF

[6.0%]

$1.91/SF/Mo MG

Class B

±2,100,000 RSF

[7.5%]

$1.62/SF/Mo MG

Class C

±2,700,000 RSF

[6.5%]

$1.37/SF/Mo MG

Class D

±760,000 RSF

[5.8%]

$1.21/SF/Mo MG

MEDICAL

±1,900,000 RSF

[9.2%]

$1.78/SF/MO MG

Class A

±454,000 RSF

[9.7%]

$2.21/SF/Mo MG

Class B

±893,000 RSF

[3.8%]

$1.97/SF/Mo MG

Class C

±370,000 RSF

[21.4%]

$1.45/SF/Mo MG

Class D

±173,000 RSF

[10.1%]

$1.50/SF/Mo MG

$13

$22

$12

$21

$11

$20

$10

$19

$9

$18

$8

$17

$7

$16

$6

$15

$5 2007

2008

2009

2010

2011

2012

2013

2014

MOB

Overall MG Rental Rate

Overall MG Rental Rate

Overall Vacancy Rate

Overall Vacancy Rate

2015 Kern County Market Overview & Investor Directory

(Cushman & Wakefield, Pacific Commercial Realty Advisors, Inc.)

$23

OFFICE

COLLIERS INTERNATIONAL www.colliers.com/en-us/bakersfield NEWMARK GRUBB www.ngkf.com OLIVIERI COMMERCIAL GROUP www.oliviericommercial.com

STATS-ON-THE-GO OVERALL VACANCY (OFFICE) Q4 2013: 8.1%

Q4 2014: 6.5%

Y-T-Y Change: 24% 12-MO FORECAST: ▲ OVERALL VACANCY (MOB) Q4 2013: 8.2%

Q4 2014: 9.2%

Y-T-Y Change: 12%

12-MO FORECAST: ▼

(Cushman & Wakefield, Pacific Commercial Realty Advisors, Inc.)

OVERALL RENTAL VS. VACANCY RATES

PSF/YR

(Cushman & Wakefield, Pacific Commercial Realty Advisors, Inc.)

www.paccra.com

“Kern’s 2013 vacancy rate was the lowest in the nation! One year later, an even lower vacancy rate of 6.5% is substantially lower than the current national average of 14%.” 19


Business Advantage

■ Over 80 acres for office, retail and light industrial

■ Build-to-suit and spec development

■ For sale or lease ■ Parcels range from 1.5-16 acres www.RollRealEstate.com/Crossroads-Business-Park

Certified Sites

■ 180-acre park with design flexibility

■ Premium concrete tilt-up construction warehouses with yards

■ Buildings available from 18,000 to 133,000 SF

■ For lease, sale or build-to-suit ■ Parcels range from 1-16 acres www.RollRealEstate.com/North-Meadows-Business-Park

■ Over 3.3M SF currently under construction ■ Build-to-suit industrial facilities available ■ 1,625-acre master-planned industrial park ■ By-right entitlements for 26M SF of development

■ Parcel sizes from 5-300 acres www.RollRealEstate.com/Paramount-Logistics-Park

20

for up to 2.8M SF

■ BNSF rail-served sites for up to 2M SF ■ Foreign Trade Zone 276 ■ High-speed fiber optics network that supports 10Gbps

2015 Kern County Market Overview & Investor Directory


1,450 Acre Masterplan

■ Fully entitled, 1,450-acre master planned development

■ Offering industrial, commercial and retail leasing and building opportunities

■ Shovel ready pads available for up to 2 million square feet

■ Located at the juncture of Interstate 5 and Highway 99

■ Proximity to the Outlets at Tejon’s 70 designer and brand-name stores

2015 Kern County Market Overview & Investor Directory

21


Business Advantage

Business Incentives Workforce

businesses whose investment will:

■ Employment Training Panel (ETP) — Funds offsetting cost of training

■ Yield at least $50,000 over a five-year period to the County of Kern General Fund AND

■ America’s Job Center Workforce Investment Act (WIA) — Free assistance, customized recruitment plans, positions advertising, qualifying applicants and hiring

■ Create at least 10 full-time equivalent permanent jobs with benefits that are available to Kern County residents at the proposed County business location for the same five-year period.

Kern Microenterprise Opportunity Program (KMOP) KMOP offers small business loans to eligible, qualified borrowers seeking to start or expand their businesses. Loans from $2,500-$50,000 may be available. ■

New California Incentives ■ Manufacturing equipment + sales and use tax exemption ■ Employment credit between Jan 2014 - Jan 2021. ■ California Competes Tax Credit — Criteria includes number of jobs to be created or retained, extent of property in business development area, minimum compensation limitation, and set job retention period.

Foreign Trade Zone 276 ■ California City ■ County of Kern Department of Airports ■ Mojave Airport ■ Rockefeller Group at Tejon Ranch ■ Paramount Logistics Park at Shafter

Recycling Market Development Zone ■ Low interest loans and assistance for manufacturers using recycled materials.

County of Kern Economic Development Incentive Program Cash payments to qualified, non-retail 22

Contact Kern EDC for additional incentive program details or application forms. 2015 Kern County Market Overview & Investor Directory


Utility Incentives To encourage business owners to invest in energy efficiency as a major goal in their new buildings, financial incentives are available to owners when the efficiency of their new building exceeds the minimum Savings By Design threshold (generally 10% better than Title 24 Energy Efficiency Standards).

â– Greater health, comfort, and productivity for the occupant â– Reduce building and operating costs for the owner â– Identify system options and quickly estimate the associated potential savings Savings By Design, a program administered by California utilities, encourages high-performance, non-residential building design and construction. The program offers a variety of solutions, including owner incentives to help offset the additional costs of energy efficient buildings.

For more information or contact information visit: www.savingsbydesign.com


Target Industries

Kern County’s Target Industries

T

arget industries are groups or clusters of related businesses which export products and services from the county, bringing in new net revenue. Kern County’s Economic Development Strategy outlines six industry clusters of focus. The Kern County Board of Trade develops and markets the large Tourism, Recreation, and Entertainment cluster, while Kern Economic Development Corporation recruits and works to retain businesses in the other five:

Aerospace & Defense

Energy & Natural Resources

Health Care Services

Boeing, Virgin Galactic, and Edwards Air Force Base are just a few of the globally recognized names in aerospace and defense. Kern County is at the heart of California’s military and defense presence and the industry contributes significantly to the state’s economy and workforce.

With national rankings for both traditional energy (petroleum) and renewables (wind and solar), Kern County is the leading energy provider for the state of California and is connected to the strongest players in the global energy industry. Additionally Kern County also leads as a producer of natural gas, hydroelectric power, geothermal, and is noted for its mineral wealth, including gold, borate, and kernite.

As Kern County continues to grow, so does the need for a wide-ranging network of healthcare professionals and facilities to serve the region’s population. With more than 850,000 living in Kern County, and over 360,000 in Bakersfield alone, demand for highly skilled and innovative healthcare options continues to increase.

Photo by Piotr Zajc / Shutterstock.com

Kern County is at the heart of California’s military and defense presence ... 24

2015 Kern County Market Overview & Investor Directory


Kern County the World. the World. the World. the World. Kern County is the leading energy provider for the state of California and is connected to the strongest players in the global energy industry.

Transportation, Logistics & Advanced Manufacturing Kern County’s transportation, logistics and advanced manufacturing industry is strongly united with oil and agriculture, which continue to be the region’s strongest assets. With ideal geographic location in California, the area is home to major distribution centers such as IKEA, Target, American Tire, Frito Lay, Nestle, and many more.

Value-Added Agriculture From cattle to carrots, Kern County’s agriculture products feed communities around the world and strengthen the local, state, and national economy. As the nation’s second leading producer of goods, the Ag industry generates a fifth of the county’s gross domestic product and employs up to 20 percent of the workforce. ■

With ideal geographic location in California, the area is home to major distribution centers ... 2015 Kern County Market Overview & Investor Directory

25


Photo by Piotr Zajc / Shutterstock.com

Target Industry

Aerospace & Defense Advancing the Future

“The region’s aerospace programs stand at the forefront of an industry gaining international recognition ...”

E

astern Kern County is home to some of the most innovative and specialized technologies in the world. The region’s aerospace programs stand at the forefront of an industry gaining international recognition for space tourism and the first-ever privately-funded spaceflight, while the area’s defense and advanced weapons development are fostered by two military installations. The region’s aerospace and defense employment is four times the national average. California is home to approximately 139,000 aerospace jobs, with over 20,000 of them in Kern County. These high-wage full-time jobs have staying power thanks to vast open land, lack of development encroachment, proximity to Los Angeles, and higher education levels per capita in East Kern than in most other regions in the country.

Launching to New Heights Kern County is home to the Mojave Air and Space Port, one of the country’s ten space launch complexes, where more than 60 companies and 3,000 employees are located. The Federal Aviation Administration (FAA) honored the Mojave Air and Space Port as the first facility certified in the U.S. for horizontal launches of reusable spacecraft. Kern County also made history as Virgin Galactic’s SpaceShipOne became the first privately funded, built and manned spacecraft to rocket into space and win the $10 million Ansari X-Prize. The spacecraft, designed by famed aerospace engineer Burt Rutan, garnered attention from celebrity billionaire, Sir Richard Branson, who continues to invest millions in space tourism in eastern Kern County. More than 700 people have already paid up to $250,000 each to reserve their seat for a suborbital space fight on the aircraft.

(Kern County’s) aerospace and defense employment is four times the national average. 26

2015 Kern County Market Overview & Investor Directory


Aerospace & Defense Business of Nationwide Importance in Kern’s Backyard Two military installations are based in eastern Kern County: the Naval Air Warfare Center Weapons Division at China Lake and Edwards Air Force Base. China Lake is the Navy’s largest single landholding in the world. It represents 85% of the Navy’s land for research, development, tests, and evaluations use, and it represents 40% of the Navy’s land holdings worldwide. A unique combination of laboratories, ranges, and weapons test squadrons give the team at China Lake the ability to provide efficient deployment of new

weapons systems, fleet training and tactics development. Almost 2,000 scientists and engineers are engaged in designing the 21st century battlespace.

Companies in Kern County’s Aerospace Industry

Edwards Air Force Base covers roughly 470 square miles in the western portion of the Mojave Desert, 100 miles northeast of Los Angeles, and is ideally located for the base’s three core competencies: Developing Airmen, Technologyto-Warfighting and Integrating Operations. Edwards is also home to the Air Force Flight Test Center, where virtually every aircraft, weapon system and component the Air Force has ever put in the air, on an aircraft, or in an aircraft has been developed and tested. ■

ASB AVIONICS BAE SYSTEMS FIBERSET FIRESTAR TECHNOLOGIES (Engineering) FLIGHT RESEARCH, INC. FLIGHT TEST ASSOCIATES ICON AIRCRAFT MASTEN SPACE MOJAVE AIR AND SPACE PORT NATIONAL TEST PILOT SCHOOL ORBITAL SCIENCES CORP. ROCKET PROPULSION ENGINEERING CORP. SCALED COMPOSITES STRATOLAUNCH MANUFACTURING THE SPACESHIP COMPANY TRANS LUNAR RESEARCH VIRGIN GALACTIC XCOR AEROSPACE

Edwards AFB, CA - Oct 17, 2009 B-17 Flying Fortress performs at Flight Test Nation 2009. Photo by Eugene Berman / Shutterstock.com

Istanbul, Turkey - Nov 17, 2007 Famous English business magnate Sir Richard Branson. He is the founder of Virgin Group.

Edwards AFB, CA - Oct 17, 2009 Scaled Composites Model 318 White Knight aircraft on display at Flight Test Nation 2009.

Photo by Prometheus72 / Shutterstock.com

Photo by Eugene Berman / Shutterstock.com

2015 Kern County Market Overview & Investor Directory

“California is home to approximately 139,000 aerospace jobs, with over 20,000 of them in Kern County.” 27


Target Industry

Energy & Natural Resources (OIL & GAS) Fueling the Nation

P

etroleum energy companies in California produce 585,000 barrels of crude oil per day from onshore wells as well as offshore wells in state and federal waters, making up 10 percent of the nation’s oil production. Over seventy percent of that oil is produced by companies based in Kern County. Approximately 78 percent of all active California wells are in Kern County, which accounts for almost 72 percent of oil production and more than 63 percent of all gas production in the state. Los Angeles County is a distant second, with less than seven percent of active wells, twelve percent of oil production and seven percent of gas production. Along with jobs and revenues, the petroleum industry in the western United States provides the affordable energy needed to move us forward, grow our food, manufacture the goods we use every day, and to transport those items to market. Petroleum keeps public transportation and public safety fleets moving, gets our

28

kids to school, parents to work and family members to the doctor. Property taxes paid by oil producers and refiners help pay for local schools. The contributions of the petroleum industry are essential to maintaining not only our state’s economy but our quality of life.

their homes. And it’s a key resource used to generate nearly half the electricity we all use.

Oil accounts for one out of every 20 dollars of GDP in California, and no California county contributes more to that total than Kern. At 386,000 barrels per day, Kern produces more oil than even the most oil-rich counties in Texas, North Dakota, Alaska and New Mexico.

■ 50,000 jobs — Kern’s petroleum industry provides a substantial amount direct/indirect equating to over $4 billion in labor income

In crude oil production, California ranks third behind Texas and North Dakota while out-producing such oil-rich states as Alaska, Oklahoma and Louisiana. In terms of refining activity, California ranks third behind Texas and Louisiana. At the end of December 2012, California was producing two million barrels per calendar day, representing 11 percent of total U.S. capacity.

■ $85 billion direct economic value — The petroleum industry’s direct economic value in California equals 3.8% of the state’s entire GDP.

California also produces 876 million cubic feet of natural gas every day, 77 percent of which is produced along with crude oil. Natural gas touches people’s lives every day from cooking and bathing to heating

THE PETROLEUM INDUSTRY IS A LEADING ECONOMIC DRIVER AND MAJOR EMPLOYER:

■ $10.7 billion total value added — The petroleum industry responsible for 25% of Kern’s GDP

■ $113 billion total economic value — The petroleum industry’s 5.4% total GDP contribution to California alone is larger than the economies of 17 U.S. states.

78% of all active California wells are in Kern County.

2015 Kern County Market Overview & Investor Directory


Energy & Natural Resouces (Oil & Gas)

Major Oil and Gas Companies in Kern

THE PETROLEUM INDUSTRY MAKES SIGNIFICANT FISCAL CONTRIBUTIONS TO STATE AND LOCAL GOVERNMENT IN CA: ■ $21.6 billion in state and local tax revenues

■ $3.8 billion in property taxes

■ $14.7 billion in sales and excise taxes

■ $990 million in corporate profits taxes. ■

AERA ENERGY LLC ALON USA ENERGY, INC. BAKER HUGHES

■ $1 billion in personal income taxes

BERRY PETROLEUM COMPANY CALIFORNIA RESOURCES CORP. LLC CANARY, LLC CHEVRON CORPORATION E&B NATURAL RESOURCES MANAGEMENT EDF RENEWABLE ENERGY FREEPORT-McMoRAN GE ENERGY HALLIBURTON HESS CORPORATION KERN OIL AND REFINING CO.

An Unlikely Ally for Ag

pipeline to the Cawelo Water District (CWD), where it is then dispersed to approximately 90 high-yield farms representing over 45,000 acres of farmland.

Oil is far from the most abundant resource produced when drilling. The field produces about nine barrels of water for every barrel of oil, or approximately 760,000 barrels of water per day. The resulting water is at near-fresh water quality standards, requiring minimal filtration on site before traveling through an 8.5 mile

According to The New York Times, in normal years when California is not facing extreme drought conditions, water from the Kern River Field facility makes up about 25 percent of the CWD’s total supply. However, in current drought conditions, that number is closer to 50 percent as other sources of water “dry up.” ■

2015 Kern County Market Overview & Investor Directory

MACPHERSON ENERGY CORPORATION Photo by Ken Wolter / Shutterstock.com

T

here is a seemingly unlikely ally in the agricultural world to help cope with California’s increasingly dry climate. Chevron, an international oil and gas company ranked 12th on Fortune’s Global 500 list for 2014, operates a series of oil wells at the Kern River Field, which is the fifth largest oil field in the country, producing 70,000 barrels of crude oil per day.

KEY ENERGY SERVICES

MT. POSO COGENERATION COMPANY, LLC NABORS INDUSTRIES SAN JOAQUIN REFINING CO., INC. SCHLUMBERGER CO. SEMPRA U.S. GAS & POWER TRICOR REFINING, LLC VENOCO INC. VINTAGE PRODUCTION CALIFORNIA (Partial list compiled by Kern EDC)

Kern County is the #1 Oil-Producing County in the Nation. 29


Target Industry

Kern County is home to some of the world’s largest solar and wind projects

Energy & Natural Resources (RENEWABLES) Renewable Energy

R

enewable Energy is energy derived from naturally replenished resources such as wind, sunlight, geothermal heat, small hydro, and biomass. In the energy arena, Kern County’s renewables industry, with over $15 billion in recent private investment, has gained national and world-wide attention. Wind and solar energy creates jobs, supports public works, and boosts local economic activity. In fact, the renewable energy industry has generated over 800 manufacturing jobs, 1,600 professional and indirect permanent local jobs, and wind will pump over $50 million in property tax revenues into our local economy.

Kern County Energy Goal In 2011, the Kern County Board of Supervisors announced their goal to produce 10,000MW by 2015. Today, we are at 9,142 MW installed and operating in Kern County. When complete, projects will have resulted in 8,000 construction jobs at all skill levels, 1,500 operational jobs, electricity to over 7 million 30

people, and a $25 billion investment in Kern County (inclusive of wind, solar, geothermal, small hydro and biomass).

■ Over $5 billion invested in Eastern Kern County wind projects and it is estimated an additional $2.4 billion will be spent on wind and solar development

Leading the State

■ Highest percentage increase for assessed value in Kern

Thanks to companies in Kern, California is set to exceed its own legal requirement of generating 33 percent of its electricity from renewables such as wind, solar and biomass by 2020 through a series of private-sector success stories. Leading the charge is BHE Renewable’s “Solar Star projects,” the largest solar farm in the world (formally known as MidAmerican Solar). With over 1.7 million photovoltaic modules, capable of delivering 597 megawatts to the California ISO grid, up to 570,000 tons of CO2 emissions will be alleviated per year (estimated completion date year-end 2015).

Leading the Way Like solar, wind energy plays an integral role in California’s electricity portfolio. By 2014, Kern had installed over 3,200 MW, with about 2,455 MW installed 2009-2014.

▪ Oil & Gas: $27.7 billion, 12% increase ▪ Renewable Energy Sector: $7.4 billion, 31.5% increase ▪ Agriculture: $5.3 billion, 11% increase ■ Growing Wind Assessments: County of Kern receives half and the remainder goes to schools, cities and special districts ▪ 2011: $13 million ▪ 2012: $29.6 million ▪ 2013: $46.3 million ■ 4,363 MW total wind energy potential in Kern County

Like solar, wind energy plays an integral role in CA’s electricity portfolio.

2015 Kern County Market Overview & Investor Directory


Energy & Natural Resources (Renewables) Energy Production from Biomass

A Note on Energy Storage

Kern County is home to four biomass plants, built over 20 years ago and originally burning coal. Thanks to bioenergy companies like Mt. Poso Cogeneration Company, LLC, nearly 2 million pounds a day of agricultural waste and urban tree trimmings are being used as fuel to generate enough electricity to power more than 30,000 homes and helping produce steam that doubles production in nearby oil fields.

The Tehachapi Storage Project (TSP) is one of the largest battery storage systems in the world, with 8MW of power and storage capability of 32MWh of energy. The ability to store large amounts of solar and wind energy will help improve flexibility and reliability of the next-generation grid. TSP will also test the storage capability of the lithium-ion battery, expected to provide nearly instantaneous maximum capacity for supply-side ramp rate control to minimize the need for fossil fuel-powered back-up generation. ■

... Up to 570,000 tons of CO2 emissions will be alleviated per year.

Major Renewables Companies in Kern 8MINUTENERGY RENEWABLES EDF RENEWABLE ENERGY EDP RENEWABLES FIRST SOLAR GESTAMP SOLAR MARICOPA SUN MIDAMERICAN SOLAR NEXTERA ENERGY RESOURCES NRG PIONEER GREEN ENERGY RECURRENT ENERGY SUNEDISON

KERN COUNTY RECEIVES SOME OF THE BEST SOLAR RADIATION IN THE U.S.

SUNPOWER TERRAGEN (Partial list compiled by Kern EDC)

Kern County

Tehachapi Storage Project BATTERY CONFIGURATION

■ 8 MW/32MWh system

WHR/SQ M PER DAY

1,000 to 1,500

3,500 to 4,000

6,000 to 6,500

■ 56 cells per module

1,500 to 2,000

4,000 to 4,500

6,500 to 7,000

■ 18 modules per rack

2,000 to 2,500

4,500 to 5,000

7,000 to 7,500

■ 604 racks

2,500 to 3,000

5,000 to 5,500

3,000 to 3,500

5,500 to 6,000

(watts hours per square meter per day)

2015 Kern County Market Overview & Investor Directory

■ 608,832 cells

31


Target Industry

Health Care Services Where Technology Meets Humanity

K

ern County residents enjoy an array of medical services thanks to passionate and innovative health care providers. Caring for Kern’s 860,000 residents is no small task. Each year new technologies and advancements make their way to the region where they are needed most. Continuing this upward development, Dignity Health has announced its plans to build a four-story, 120-bed addition, to its existing 150,000-square foot medical facility. The new $150 million building is estimated to create 600 jobs and will allow for expanded services, including women’s health and neurology, and new ones such as cardiology. RENOWNED HEALTH CARE INSTITUTIONS IN KERN COUNTY Advances in medical technology are already being made right here in Kern County. ■ Dignity Health’s Lauren Small Children’s Medical Center at Bakersfield Memorial Hospital is the first comprehensive pediatric program in Kern County and includes a 31-bed Level II Neonatal Intensive Care Unit, an eight-bed Pediatric Intensive Care Unit, and a 20-bed Pediatric Unit with 24/7 in-house pediatricians. ■ San Joaquin Community Hospital’s AIS Cancer Center’s 60,000-square-foot facility in Bakersfield is affiliated with the UC Davis Comprehensive Cancer Center and offers a comprehensive option for cancer diagnosis and treatment all under one roof.

■ Comprehensive Blood & Cancer Center (CBCC) in Bakersfield is the largest private cancer center on the West Coast and is a top accrual site for UCLA & Bristol Myers Squibb. ■ Memorial Hospital’s Sarvanand Heart and Stroke Center offers a range of cardiovascular services and technology such as the Bi-plane International Suite to perform heart procedures on kids, treat stroke-causing clots and blockages and many other lifesaving procedures. ■ HealthSouth Hospital is a 60-bed acute medical rehabilitation hospital that offers comprehensive inpatient and outpatient rehabilitation services. Of the 93 hospitals in the United States system, HealthSouth Bakersfield is consistently ranked in the top 10. ■ The Valley Institute of Prosthetics & Orthotics (VIPO) offers some of the newest and most advanced prosthetic technology in the country. One of VIPO’s many special offerings is the POWER KNEE, the world’s first powered bionic prosthesis for above-the-knee amputees. ■ Townsend Design is a leading manufacturer of knee braces and orthotic products for patients with injuries or osteoarthritis. Through published studies and personal use, physicians, certified orthotists and physical therapists consistently designate Townsend Design as the top performing knee brace manufacturer. ■

Caring for Kern’s 860,000 residents is no small task.

32

2015 Kern County Market Overview & Investor Directory


Health Care

Health care matters in Kern County.

Kern’s Top Health Care Providers (Employees) DIGNITY HEALTH 1,500

KERN MEDICAL CENTER 1,350

SAN JOAQUIN COMMUNITY HOSPITAL 1,100

KAISER PERMANENTER 900

DELANO REGIONAL MEDICAL CENTER 500

RIDGECREST REGIONAL HOSPITAL 450

BAKERSFIELD HEART HOSPITAL 350

COMPREHENSIVE BLOOD & CANCER CENTER 220

HEALTHSOUTH BAKERSFIELD REHABILITATION CENTER 200

TEHACHAPI VALLEY HEALTHCARE DISTRICT 190

2015 Kern County Market Overview & Investor Directory

33


Target Industry

Transportation, Logistics & Advanced Manufacturing Transportation and Logistics is a Strong, Emerging Cluster in Kern County

K

ern County’s logistics and distribution sector is driven by the availability of shovelready sites and accessible workforce. The region is home to 50+ distribution centers with access to key transportation infrastructure, including the Ports of Long Beach/Los Angeles and Oakland, and the major north-south

and east-west highways and interstates in California. Within a four-hour drive from 90% of the state’s population, Kern County boasts an extremely low (singledigit) employee turnover rate at most of its centers and complementary workforce development programs. Kern County has significant strengths in facilities support, specialized freight, trucking and logistics services for road and rail, rental, leasing, and equipment repair. The County’s industry cluster is also strong in wholesale trade, which depends on the strong availability of

transportation providers and services across various modes. The Transportation and Logistics cluster’s strengths are tied to the County’s strengths in energy and agriculture, two export-oriented industries that are heavily dependent on the large-scale transport of materials and final products. The industry employs over 13,000 people with above-average wages in the key segments of road, air, rail, logistics, warehousing, and wholesale trade. Since 1990, the sector has achieved an annual growth rate of 4%.

Transportation and Logistics

65m

Customers within 2-Day Truck Turn

4:00 DRIVE

2:00

PORTS OF

PORTS OF

San Francisco Oakland

Long Beach Los Angeles

ACCESS TO

BSNF Railway

FedEx and UPS Hubs in Bakersfield

34

DRIVE

LAX Los Angeles SFO San Francisco OAK Oakland

ONT Ontario SCLA So. CA Logistics BFL Meadows Field

Geographic Population Center of CA (36 Million People)

2015 Kern County Market Overview & Investor Directory


Transportation, Logistics & Advanced Manufacturing

California Logistics Distribution Center Cluster Over 40 Distribution Centers Located within 50 Miles of State Center of Population Located in Kern County approximately 5 miles west of Bakersfield and Shafter, the geographic center of population is the weighted single point that is closest to all people in California. It is the location with the lowest shipping cost and carbon footprint for facilities designed to ship to consumers statewide. ■ I-5

Distribution Centers California Geographic Center of Population Distance from Center of Population County Proportional Population State Proportional Population Regional Proportional Population Major Route Used by Central Distribution Centers

N

1.4M

1.0M

Alameda 1.5M

Santa Clara 1.8M

0.7M

s

Fresno 0.9M

Las Vegas

WALMART RAILEX SEARS TARGET PARAMOUNT ROSS FARMS FRITO Kern 0.8M LAY NESTLÉ/ DREYER’S IKEA

I-15

il

San Bernardino

Los Angeles

sy Ea

So. Cal. 22 Million Consumers

Riverside 2.1M

ile

3.0M

M

2/3 of World Population

Orange

I-40

1- D

2.0M

9.0M

North America

ay T u rn

M

San Diego 3.0M

2015 Kern County Market Overview & Investor Directory

I-10

0

0.8M

50

(Kern County) is the location with the lowest shipping cost and carbon footprint for facilities designed to ship to consumers statewide.

25

Ventura

Asia

Population Growth Mostly in the South

es

PACIFIC RIM TRADE POTENTIAL

S.J.

1 ,0 0 0 M il

San Mateo 0.7M

Sac.

Contra Costa

0.8M

Bay Area/ Sacramento 10 Million Consumers

M

sy

5 0 0 M il e

S.F.

0

Ea

I-80

es

25

il e

Turn

ay 1- D

0 15 30

60

3.0

90

Mi 120

35


Transportation, Logistics & Advanced Manufacturing

Distribution Centers AMERICAN TIRES DC ANDREWSAG INC.

Recent Relocations & Expansions

ANTHONY VINEYARDS BOLTHOUSE FARMS CAMPING WORLD DC CARQUEST DC

AMERICAN TIRE DISTRIBUTION CENTER

▪ ▪

CATERPILLAR

1 MSF build-to-suit on 45 acres 234 trailer stalls, 201 loading docks, and 10,000 SF of office space

DELANO FARMS DOLLAR GENERAL DC

BAKERSFIELD PIPE AND SUPPLY

FAMOUS FOOTWEAR DC

80,000 SF expansion

FEDEX FOUR STAR FRUIT

HILLMAN FASTENERS DISTRIBUTION CENTER

FRITO-LAY

60,000 SF expansion

GARCIA FARMING GRIMMWAY FARMS HILLMAN GROUP DC HURE BROTHERS IKEA DC

PACTIV

▪ ▪ ▪

Expansion of manufacturing portion of facility Estimated 30 jobs Expected to produce $12 million in capital investment

JOHNSTON FARMS KERN RIDGE GROWERS KIRSCHENMANN FARMS LUCICH FARMS

RAILEX LLC

▪ ▪

Expansion of services Estimated 150 jobs

M CARATAN MEN’S WAREHOUSE NESTLE/DREYER’S PANDOL BROTHERS

ROSS DRESS FOR LESS DISTRIBUTION

▪ ▪

1.7 MSF facility Estimated 1,500 jobs

PARAMOUNT CITRUS PARAMOUNT FARMS PERFORMANCE FOOD GROUP PRIME WEST WAREHOUSING

CATERPILLAR LOGISTICS INC.

▪ ▪

400,000 SF distribution warehouse on 46 acres Estimated 150 jobs

RAILEX DC REDBANK-MALAGA ROSS DRESS FOR LESS DC SEARS DC

CATERPILLAR LOGISTICS INC.

▪ ▪

606,000 SF distribution warehouse Estimated 120 jobs

SIERRA FARMS SUNRIDGE NURSERIES SUN PACIFIC SUN PACIFIC TULARE SUN WORLD

PARAMOUNT CITRUS

▪ ▪ ▪

600,000 SF expansion of ag distribution center Estimated 500 jobs Will process additional 500 million lbs. of citrus/year

TARGET DC THOMSON INTERNATIONAL U.S. COLD STORAGE OF CA WAL-MART DC

36

The region is home to 50+ distribution centers ... 2015 Kern County Market Overview & Investor Directory


Safety, Quality and Value Electrical Systems and Instrumentation, Inc. is a full-service electrical and instrumentation service company. Specializing in many industrial and commercial sectors, we provide both construction and maintenance services.

Our market segment expertise includes: • Oil and Gas Production, Pipeline and Refining • Water and Waste Water • Mining and Minerals • Food and Beverage

Our capabilities include: • Electrical Power • Control Systems • Instrumentation • Overhead Line Construction • Panel and System Fabrication

ESI Headquarters 6906 Downing Avenue, Bakersfield, CA 93308 Phone: (661) 587-9322 Toll-Free: (800) ESI-0800 Fax: (661) 587-8655 www.elect-systems.com

California C-10 #837498 Nevada C-2 #0068774 New Mexico #378509 Texas #28803




Target Industry

Pistachios are one of the oldest flowering nut trees and one of Kern County’s leading commodities.

Value-Added Agriculture Kern County Provides the Nation’s Food Supply and Beyond

TOP COMMODITIES EXPORTED FROM KERN COUNTY

T

Cot

hanks to fertile soils and one of the best climates for fruit and vegetable production, valueadded agriculture is a strong economic driver for Kern County’s economy. In 2013, the gross value of all agricultural commodities produced in Kern County was over $6.7 billion. Grapes, almonds, milk, citrus and cattle & calves alone account for 68% of agriculture’s value, generating more than $4.6 billion.

99) 1 ,0 ) 13 ,4 (1

6%

%

( 4%

s ot rr s6

ton

Ca Po ta to e

(1 , 6

50 )

Grapes 37% (9,400)

In terms of overall employment, Kern County’s value-added agriculture industry is the largest and most significant sector. Over 55,000 people — 20% of Kern’s total workforce — are employed in this sector that also has overall employment growth that outpaces most competitor counties.

Oranges 12% (3,047)

Pistachios 16% (4,217)

Almonds 16% (4,219)

Lemons (336) 1%

Mandarins (234) 1%

Grapefruit (156) 1%

Kern County Commodities Rank #2 in the U.S. 40

According to the Agriculture Issues Center at UC Davis, for every 100 jobs linked directly to the agricultural industry, an additional 106 jobs are created in the local economy. In addition, every dollar generated by value-added Ag leads to an additional $1.27 generated by the region’s non-agriculture economy. Exports are booming in Kern County with nuts and fruits capturing world markets. The export market is especially important to almond and pistachio growers, with close to 70% of their harvest going straight to international buyers. Demand for Kern’s agriculture is highest in China, followed closely by Mexico and Japan. ■

2015 Kern County Market Overview & Investor Directory


RANK

COMMODITY

VALUE

1

Grapes, all

$1,822,092,000

2

Almonds, including by-products

$970,808,000

3

Milk, market & manufacturing

$764,728,000

4

Citrus, fresh & processing

$641,691,000

5

Cattle & Calves

$408,897,000

6

Pistachios

$388,189,000

7

Carrots, fresh & processing

$335,088,000

8

Hay, Alfalfa

$217,964,000

9

Cotton, including processed cottonseed

$146,537,000

10

Potatoes, fresh & processing

$109,222,000

(2013 Kern County Agricultural Crop Report, released August 2014)

TOP 10 COMMODITIES IN KERN COUNTY

Major Agriculture Companies in Kern ASV WINES, INC. BIDART BROTHERS BOLTHOUSE FARMS, INC. CALIFIA FARMS CAL-ORGANIC FARMS CENTRAL VALLEY ALMOND ASSOCIATION CERTIS USA CRYSTAL GEYSER DELANO GROWERS GRAPE PRODUCTS DREYER’S GRAND ICE CREAM FAMOSO NUT RIO BRAVO

$8

CONT. >>

$5 $4 $3 $2 $1

YR

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

(Kern County Agricultural Crops: Total value comparisons 2003-2013)

$6 BILLIONS

TOTAL VALUE

$7

Gross value of Kern’s agricultural commodities is over $6.7 billion.

TOP 10 COUNTRIES FOR KERN COUNTY AG EXPORTS 4,000

3,000 2,500

Thailand

Indonesia

India

Canada

Australia

0

Japan

500

Mexico

1,000

Hong Kong

1,500

Republic of Korea

2,000

China

Note: Destination countries ranked by number of Phytosanitary Certificates issued.

3,500

2015 Kern County Market Overview & Investor Directory

41


Value-Added Agriculture

Major Agriculture Companies in Kern CONT. FARMERS COOPERATIVE ALMOND HULLER, INC. FRITO-LAY, INC THE GARLIC COMPANY GIUMARRA VINEYARDS CORPORATION GOLDEN EMPIRE NUT GOLDEN STATE VINTNERS GRIMMWAY FARMS JOHNSTON FARMS KERN-TULARE ALMOND PROCESSING KERN RIDGE GROWERS LANGER’S JUICE MARKO ZANINOVICH, INC. PACIFIC ALMONDS PROCESSING PALM LLC PANDOL & SONS

Kern County Crushes: Wine Industry Makes Sweet Impact

S

allows growers to provide large volumes of product to the bulk wine market at low prices.

outhern San Joaquin Valley Crush District 14 is comprised of Kern County and the southern half of Kings and Tulare County. It’s no surprise that Kern’s #1 commodity has a major impact on the wine industry. Kern grows a variety of grapes from table grapes to grapes used for wine production. With several white and red wine grape varieties from Chardonnay and French Colombard to Merlot and Syrah, District 14 supplies low-cost wine grape varieties with consistent quality for use in everyday wines. This advantage

In 2013, Chardonnay continued to account for the largest percentage of the total crush volume with 16.1 percent. Cabernet Sauvignon accounted for the second leading percentage of crush with 11.1 percent. The next eight highest percentages of grapes crushed included wine and raisin grape varieties. Thompson Seedless, the leading raisin grape variety crushed for 2013, held 6.2 percent of the total crush. ■

PANOCHE CREEK PACKING PARAMOUNT CITRUS PARAMOUNT FARMS

LEADING VARIETIES CRUSHED PERCENT OF TOTAL 2013 CRUSH

SOUTH FAMILY FARMS SUN GRO COMMODITIES SUN PACIFIC SUNNY GEM ALMOND PROCESSING THOMSON INTERNATIONAL TOMATO COMPANY LLC VETCH FARMS ALMOND PROCESSING

42

Me

(7. rlot 4% )

Zinfandel

(5. 5% )

ultural Statistic l Agric s Se rvic iona t a N e, P , ac DA S ific U

SHAFTER – WASCO GINNING AND ALMOND HULLING CO.

(6

R

SARA LEE BAKERY GROUP

e ffic lO a ion eg

edless son Se Thomp rd ) ba (6.2% lom Co ch en Fr .8%)

PRIMEX FARMS PISTACHIOS

Pinot N oir (5.5% ) Ru bir ed

PRODUCTION PILLSBURY

G ot n Pi

s ri

) 8% . (3

Other Varieties

(10.0%)

(27.6%)

Cabernet Sauvignon (11.1%)

Chardonnay (16.1%)


and operated

www.grimmway.com 2015 Kern County Market Overview & Investor Directory

43


Community Profile

Community Profile AGE AND GENDER DISTRIBUTION Preschool Age 0-4

4.38%

School Age 5-14

8.29%

High School/College Age 15-24

8.70%

Young Adult Age 25-39

11.38%

Mature Adult Age 40-64

14.57%

Retirees/Seniors 65+

4.17%

4.22%

MEDIAN AGE

8.6% 8.11%

Kern County: 30.8 California: 35.4 US: 36.9

16.4%

7.50%

16.2%

9.72%

21.1% 13.83%

5.13%

28.4%

9.3%

30%

25%

20%

15%

10%

5%

0%

Male (Overall: 51.5%) Female (Overall: 48.5%)

(U.S Census Bureau, 2013 American Community Survey (5-year estimates))

44

2015 Kern County Market Overview & Investor Directory


County Size by Population KERN IS THE 11TH LARGEST COUNTY IN CALIFORNIA x2 Los Angeles (10,041,797) San Diego (3,194,362) Orange (3,113,991) Riverside (2,279,967) San Bernardino (2,085,669) Santa Clara (1,868,558) Alameda (1,573,254) Sacramento (1,454,406) Contra Costa (1,087,008) Fresno (964,040) Kern (873,092) Ventura (842,967)

FASTEST GROWING CITIES IN THE U.S.

(U.S. Census Bureau, Top 10 cities of 100,000 or more population that saw the greatest gains between 2000 and 2010.)

INCORPORATED PLACE

PERCENT INCREASE

Gilbert, AZ

90.0%

North Las Vegas, NV

87.9%

Fayetteville, NC

65.7%

Fontana, CA

52.1%

Cape Coral, FL

50.9%

Irvine, CA

48.4%

Henderson, NV

47.0%

Raleigh, NC

46.3%

Peoria, AZ

42.2%

Bakersfield, CA

40.6%

Kern County’s Bakersfield MSA is the 10th Fastest Growing City in the Nation

O

ver the next 25 years, growth in Kern County could vary widely based

on a host of factors, including spillover from Southern California, water availability, employment opportunities, housing costs, interest rates, high-speed rail, air quality regulations, and land availability. The combined general plans within the Kern region designate sufficient land to absorb growth at twice the rate forecasted by 2035. Past growth in the region and in Southern California as a whole would indicate that the question is not “if” but “when” Kern County’s population will double. At current growth rates that will likely happen by 2050.

2015 Kern County Market Overview & Investor Directory

45


Community Profile 2010-2040 FORECAST GROWTH

COMMUNITY POPULATION AND HOUSEHOLD FORECAST CITY

Kern County

Metro Bakersfield

Arvin

TYPE OF UNIT

ESTIMATE 2014

FORECAST 2020

Population

873,092

1,010,800 1,208,200 1,321,000 1,444,100 1.80%

20,150

Households

319,200

381,600

417,200

456,100

1.90%

6,716

Population

640,500

764,900

848,500

939,700

1.90%

13,540

Households

203,800

244,700

269,800

297,200

1.90%

4,293

23,800

29,300

32,500

36,000

2.10%

557

5,300

6,700

7,500

8,400

2.30%

139

443,500

566,000

639,400

719,500

2.40%

12,401

143,900

186,300

212,000

240,100

2.50%

4,299

17,300

21,300

23,600

26,100

2.00%

399

5,200

6,700

7,500

8,400

2.40%

143

60,100

68,100

72,500

77,300

1.20%

809

11,600

13,000

13,800

14,700

1.20%

148

1,170

1,190

1,200

1,210

0.20%

2

410

420

420

420

0.00%

0

14,600

16,800

18,000

19,300

1.40%

220

2,900

3,100

3,300

3,500

1.00%

30

30,500

33,600

35,500

37,600

1.00%

333

12,000

13,400

14,200

15,100

1.10%

144

23,700

33,100

39,900

47,300

3.40%

1,010

6,100

8,700

10,600

12,700

3.60%

282

10,900

12,800

14,000

15,300

1.60%

199

2,400

2,700

2,800

2,900

0.80%

22

16,000

17,800

18,900

20,100

1.10%

190

3,600

4,200

4,600

5,000

1.60%

63

31,200

38,100

42,600

47,500

2.00%

732

6,500

8,200

9,300

10,500

2.40%

179

338,030

370,110

382,900

396,890

1.00%

3,300

119,290

128,180

131,180

131,180

1.10%

1,267

Population

20,226

Households Bakersfield

Population

367,315

Households California City

Population

13,276

Households Delano

Population

52,591

Households Maricopa

Population

1,180

(State of California, Department of Finance (Compiled by Kern EDC with data from Kern COG))

Households McFarland

Population

13,745

Households Ridgecrest

Population

28,638

Households Shafter

Population

17,461

Households Taft

Population

8,942

Households Tehachapi

Population

13,346

Households Wasco

Population

26,159

Households Unincorporated

Population Households

46

310,213

FORECAST 2030

FORECAST 2035

FORECAST 2040

AVERAGE ANNUAL RATE INCREASE

2015 Kern County Market Overview & Investor Directory


(U.S Census Bureau, 2012 American Community Survey (5-year estimates))

POPULATION PERCENT BY RACE

ASIAN

AMERICAN TWO OR INDIAN AND MORE ALASKA RACES NATIVE

NATIVE HAWAIIAN OR PACIFIC ISLANDER

OTHER

5.3

4.1

0.7

2.0

0.1

0.1

6.5

0.9

0.4

0.1

0.3

0.1

0.2

46.0

36.7

7.9

6.2

0.6

2.4

0.1

0.2

California City

27.3

52.5

13.7

3.2

0.1

2.5

0.0

0.6

Delano

73.2

7.1

5.0

13.1

0.4

1.0

0.2

0.0

Maricopa

25.2

65.7

0.0

4.7

2.3

2.1

0.0

0.0

McFarland

90.0

5.7

1.9

0.6

0.2

1.5

0.1

0.0

Ridgecrest

17.0

67.4

6.3

4.0

0.5

4.4

0.3

0.1

Shafter

81.4

16.1

0.8

0.2

0.4

0.6

0.2

0.4

Taft

34.9

56.1

2.3

2.2

1.0

3.5

0.0

0.0

Tehachapi

33.5

56.3

6.2

1.6

1.5

0.4

0.2

0.3

Wasco

76.9

13.9

7.5

0.9

0.3

0.4

0.0

0.1

CITY

HISPANIC OR LATINO

CAUCASIAN

BLACK

Kern County

49.8

37.9

Arvin

91.5

Bakersfield

Over the next decade, natural increases will continue to fuel population growth in Kern County, with a population that will consist of more than 50% Hispanic/Latino ethnicity (Source: US Census Bureau, 2013 American Community Survey). Concurrently, a huge “baby boomer” population group is retiring and has set the stage for conversion of existing vacation homes in the mountain areas to primary residences. KERN COUNTY QUICK FACTS Median Household Income

Kern $48,552

Bakersfield $56,204

Per Capita Income

$20,295

$23,316

Housing Units

285,895

Persons per Household

3.11

Owner Occupied

148,163 (58%)

Veterans

44,753 (7.6% of Population)

Insurance Coverage

Private 51.5%

Public 36.6%

(U.S Census Bureau, 2013 American Community Survey (5-year estimates))

2015 Kern County Market Overview & Investor Directory

According to Kern Council of Governments (Kern COG), the increase of telecommuting workers will also allow more remote locations to become primary residences. At some point, significant spillover from the Southland will be felt first in the Rosamond and Frazier Park areas. Centennial—a new proposed community of 23,000 housing units on Tejon Ranch in northern Los Angeles County—may siphon some of the anticipated growth from southern Kern as the development comes online; however, this project will likely have growth-inducing effects in the Frazier Park area as well. The most recent forecast assumes that positive and negative growth factors will ultimately cancel each other out, causing longterm growth to reflect historic boom/bust trends. ■

47


Education & Workforce

Education & Workforce Development Today’s Kids are Tomorrow’s Workforce

I

n response to Kern County’s steady economic development and business growth, Kern Economic Development Foundation (KEDF) was established to cultivate top-notch hiring prospects for the benefit of local employers and the community overall. KEDF’s workforce development mentoring program, with a special emphasis on STEM industry (science, technology, engineering and math) careers, is helping develop today’s youth into tomorrow’s skilled workforce. The mentoring program is housed in local high schools where, each month, over 100 professionals meet with and mentor over 300 students. Mentors provide the benefit of their personal work experience, and they teach lessons from a career skillsbased curriculum. KEDF’S MENTORING CURRICULUM PROMOTES SOFT SKILLS AND A STRONG WORK ETHIC: ■ Creating and pursuing a career action plan

■ How to write a resume and promote oneself in job interviews ■ Managing time, physical space, and stress levels

48

CURRICULUM ALSO PROMOTES SELF-CONFIDENCE AND INDEPENDENCE: ■ Preparing for transitions from high school to college and/or technical training to career ■ Understanding and managing personal finances ■ Developing interpersonal communication skills

KEDF’s Additional Programs The Alliance of Women in Energy (AWE) is a membership group created for women in Kern County energy industry careers. The group provides local traditional, renewable, and utility industry professionals the opportunity to build relationships with one another and gain knowledge about their industry and community. At AWE monthly luncheons and quarterly evening events, members share knowledge about their field and enjoying presentations by community leaders about key energy innovations, legislative challenges, non-profit activities, and women’s issues. The East Kern Economic Alliance (EKEA) is a coalition of community and business leaders from the eastern Kern County region who aims to foster economic development collaborations within their cities and unincorporated areas. These relationships result in improved infrastructure, workforce development, and business recruitment/retention/ expansion efforts that are beneficial to the entire region. ■

2015 Kern County Market Overview & Investor Directory


TODAY’S KIDS

ARE TOMORROW’S WORKFORCE KERN KE RN ECONOMIC ECO CONO NOMI MIC C DEVELOPMENT DEVE DE VELO LOPM PMEN ENT T FOUNDATION’S FOUN FO UNDA DATI TION ON’’S mentoring programs give high school students the soft skills, work ethic, and self-confidence they need to become top prospects for future employers. And with the help of Kern County’s business community, we can continue helping local kids reach their full potential. Whether you are a business owner in need of a better-prepared workforce, or a local professional looking for a way to make a difference, you can help KEDF develop a qualified, productive pool of future hires.

To learn about how you can help, visit kedf.org or call (661) 862-5156.

KEDF is the sister organization to Kern EDC, and a charitable 501(c)(3) focusing on workforce development and research benefitting Kern County businesses and communities.


Education & Workforce

Four Year Universities CALIFORNIA STATE UNIVERSITY, BAKERSFIELD Undergraduate and graduate degrees EMBRY-RIDDLE AERONAUTICAL UNIVERSITYΩEDWARDS AFB World’s largest, fully accredited university specializing in aviation and aerospace FRESNO PACIFIC UNIVERSITYΩBAKERSFIELD Teaching certification, undergraduate and graduate degrees UNIVERSITY OF LAVERNEΩBAKERSFIELD Undergraduate and graduate degrees UNIVERSITY OF PHOENIXΩBAKERSFIELD Teaching certification, undergraduate and graduate degrees

CSU Bakersfield strives for excellence, opportunity and engagement. The University empowers students to transform their lives through education and in turn, transform our community.

Educating Kern County’s Future A Q&A with Kevin McCusker, Director of Public Affairs and Communications at California State University, Bakersfield. Kern EDC: How is CSU Bakersfield evolving to meet the changing demands of business and industry? CSUB: Our objectives encompass preparing students to be competitive in the job market and working with business and industry to develop a highly skilled workforce. It is really a two-fold approach.

resource for California’s energy and water industries. We offer students the opportunity to excel academically and compete at the highest levels when they enter the job market; and we offer our business and industry partners the chance to work with us to develop a highly skilled workforce and to further develop current personnel. Kern EDC: How does CSUB prepare students for the rapidly changing climate of the workplace? CSUB: The University combines opportunities for rigorous student research and excellent academics with the development of critical thinking and problem solving abilities. Students get to tackle those aspects of their learning in an environment that focuses on real-world and leading-edge applications.

“(CSUB) offer(s) students the opportunity to excel academically & compete at the highest levels.”

As an example, CSUB’s petroleum geology program is the only one offered by a public university west of the Rockies. The program’s Geotechnology Center is a state-of-the-art training resource for petroleum geology students and oil industry professionals. Its California Well Core Repository contains information from thousands of oil, gas, water and core wells from California and is an irreplaceable

50

2015 Kern County Market Overview & Investor Directory

Let’s look at the Fab Lab at CSUB as an example. In one location, students can access equipment for three-dimensional


imaging and printing, laser cutting, circuit production—everything. It’s leading-edge technology accessible in a single lab so the user can execute a project from conception to prototype. And its not only CSUB students reaping the hands-on, project-based learning benefits of the Fab Lab. Local middle school and high school students also use a suite of fabrication and rapid prototyping machines, typically including a large CNC router, a 3D desktop mill and scanner, a vinyl cutter, a laser cutter, an electronics work bench, a 3D printer and the accompanying computers and software to make almost anything. Kern EDC: Explain some of CSUB’s economic development partnerships in the community. CSUB: CSUB is home the region’s Small Business Development Center which serves Kern, Inyo and Mono counties. It is funded through a variety of sources including the Small Business Administration, the County of Kern and Mid State Development Corporation, as well as the University itself. Our SBDC consultants work with small businesses throughout the county and partners with companies like Chevron, the County of Kern, Kern EDC, and more than 25 chambers of commerce

and economic development associations across the three counties. Another example is CSUB’s nursing program, which is an integral part of the National Children’s Health Study, the largest long-term study of environmental and genetic effects on child health ever undertaken in the U.S. The study will follow a representative sample of 100,000 children, seeking information to prevent and treat some of the nation’s most pressing health problems. Kern EDC: What is CSUB’s economic impact in Kern County? CSUB: Annual spending related to CSUB generates a total impact of $163.4 million on the regional economy and nearly $262.7 million on the statewide economy. That impact sustains nearly 2,000 jobs in the region and nearly 2,300 jobs statewide. Per year, CSUB’s impact generates more than $8.2 million in local and nearly $15.2 million in statewide tax revenue. Even greater—nearly $676.4 million of the earnings by alumni from CSUB are attributable to their CSU degrees, creating an additional $996.5 million of industry activity throughout the state. ■

CONT. >>

Community Colleges & Trade Schools BAKERSFIELD COLLEGE Certificate and associates degrees CERRO COSO COMMUNITY COLLEGE Certificate and associates degrees, honor programs DEVRY UNIVERSITYΩBAKERSFIELD Certificate, associates and undergraduate degrees KAPLAN COLLEGE Certificate and associates degrees NATIONAL UNIVERSITYΩBAKERSFIELD Certificates, undergraduate and graduate degrees SAN JOAQUIN VALLEY COLLEGE Certificate and associates degrees SANTA BARBARA BUSINESS COLLEGE Certificate and associates degrees TAFT COLLEGE Certificate and associates degrees WESTEC Safety certifications

Employment and Training Centers BAKERSFIELD ADULT SCHOOL CARNEY’S BUSINESS TECHNOLOGY CENTER DELANO ADULT SCHOOL AMERICA’S JOB CENTER EMPLOYERS’ TRAINING RESOURCE KERN COUNTY REGIONAL OCCUPATIONAL PROGRAM

“... Nearly $676.4 million of the earnings by alumni from CSUB are attributable to their CSU degrees ...” 2015 Kern County Market Overview & Investor Directory

51


Education & Workforce

The demand for skilled workers in science, technology, engineering, and math (STEM) is closely linked to global competitiveness and is a leading priority for Kern County educators. To succeed in this new information-based and highly technological society, local businesses, community leaders, and educators have come together to create private-public partnerships, allowing students new opportunities to study and experience STEM activities and training programs. In the past year, Chevron has dedicated $30 million to STEM education through project-based learning methods at CSUB, Bakersfield College, Taft College, and a handful of local high schools and middle schools. Project Lead the Way Pathway (PLTW), a program that serves several high schools in the Kern High School District, offers world-class, activity-, project-, and problembased curriculum and high-quality teacher professional development model, combined with an engaged network of educators and corporate partners, help students develop the skills needed to succeed in our global economy. ■ Project Lead The Way (PLTW) is a 501(c)(3) nonprofit organization and the nation’s leading provider of K-12 science, technology, engineering, and math (STEM) programs. More than 6,500 elementary, middle, and high schools in all 50 states and the District of Columbia currently offer PLTW courses to their students. For more information, visit www.pltw.org.

K-12 BREAKDOWN Total Enrollment (K-12)

179,680

School Districts

47

Average Class Size

23

Elementary Schools

156

Middle/Junior High Schools

46

High Schools

34

Charter Schools

13

(Ed-Data, 2013-2014)

The Future Will Run on Innovation

EDUCATIONAL ATTAINMENT KERN

BAKERSFIELD

High School Graduate or Higher

72.4%

78.5%

Bachelor’s or Higher

15%

20.0%

HIGHEST EDUCATION ATTAINMENT LEVEL KERN

BAKERSFIELD

No Diploma

13.0%

10.7%

High School Graduate

26.5%

24.9%

Some College

23.9%

25.6%

Associate’s Degree

7.0%

7.9%

Bachelor’s Degree

9.9%

13.3%

Graduate or Professional Degree

5.1%

6.7%

HIGHEST EDUCATION ATTAINMENT LEVEL

KERN

BAKERSFIELD

No Diploma

$16,872

$19,130

High School Graduate

$26,392

$28,089

Some College or Associate’s Degree $35,253

$36,899

Bachelor’s Degree

$57,299

$58,317

Graduate or Professional Degree

$70,682

$73,027

52

2015 Kern County Market Overview & Investor Directory

(U.S Census Bureau, 2013 American Community Survey [5-year estimates])

ANNUAL EARNINGS


Local Automation Employers

New BAS in Industrial Automation at Bakersfield College Building upon more than 100 years of excellence, Bakersfield College (BC) continues to contribute to the intellectual, cultural, and economic vitality in Kern County. Beginning fall 2015, BC will offer a Baccalaureate of Applied Science in Industrial Automation. One of only 15 community college districts in California to offer a degree program, BC will provide much-needed workforce training to Kern County’s current and future employers. Courses will prepare students for technical management careers in industries that use automation, including petroleum, manufacturing, logistics and agriculture industry sections—key industries to Kern County’s regional economic growth. ■

OCCUPATION

2014 JOBS

ANNUAL MEDIAN OPENINGS HOURLY 2014-2023 WAGE*

Operations Management

3,246

151

$43

Technicians/Technologist-related

912

37

$36

Sales Engineers

69

3

$43

Industrial Electronics Maintenance

189

9

$28

TOTAL:

4,416

200

$41

(Economic Modeling Specialists Intl.)

LOCAL WORKFORCE NEEDS: DEMAND FOR TECHNICAL MANAGERS AND HIGH LEVEL TECHNICIANS IN KERN COUNTY

Industries that use automation are key to Kern County’s regional economy.

One of only 15 community college districts in California to offer a degree program, BC will provide much-needed workforce training to Kern County’s current and future employers.

2015 Kern County Market Overview & Investor Directory

53


An Inviting Gateway to the San Joaquin Valley and Central California The DoubleTree by Hilton Bakersfield, the largest full service hotel in Bakersfield, is your ideal home away from home. All guests receive the famous warm DoubleTree chocolate chip cookie on arrival and that’s the beginning of our warm and caring service. 262 oversized guest rooms and suites, over 14,700 square feet of flexible function space for up to 1,000 guests, Club Odyssey Bar and The Cafe Restaurant. Call to book your conventions, meetings and events, weddings and business travel to Bakersfield.

Please call our sales and catering department 661.323.7111 3100 Camino Del Rio Court, Bakersfield, CA 93308 www.Bakersfield.DoubleTree.com


Opening Doors

• AA/AS degrees and transfer programs • Dental Hygiene Engineering Business Administration • 45 certificate programs to choose from Kelly Marshall Escrow Officer O: 661.617.1487 kmarshall@firstam.com

• On line and evening classes available Taft College is dedicated to STUDENT SUCCESS and the success of our community's growing workforce needs.

For more information visit taftcollege.edu or call 661-763-7748

Opportunity

Taft College

AAUW – Tech Trek • American Cancer Society • API Coastal Chapter – Scholarships • API SJV Chapter – Scholarships • Arts Council of Kern • Assistance League of Bakersfield • Bakersfield City School District Educational Foundation • Bakersfield Foundation • Bakersfield Homeless Center • Bakersfield Museum of Art • Bakersfield Southwest Baseball • Bakersfield Symphony Orchestra • Bakersfield Women’s Business Conference • Boys & Girls Clubs of Kern County • Boys & Girls Clubs of North SLO • Boys & Girls Clubs of Ventura • Bradley Union Elementary School District • Brea Chamber of Commerce • Buena Vista Museum of Natural History • California Living Museum • California Lutheran University • California Oil Museum • California State University, Bakersfield • California State University, Channel Islands • CASA of Kern County • Coalinga Area Chamber of Commerce • Coalinga High School • Coalinga–Huron Library District • Concerned Resources & Environmental Workers (C.R.E.W.) • Corcoran Chamber of Commerce • Diamond Bar Chamber of Commerce • Direct Relief International • Food Bank Coalition of SLO • Food Share • Friends of Rowland Unified School District Foundation • Friends of Youth Foundation • Friendship House • Golden Empire Gleaners • Greater Bakersfield Chamber of Commerce • Grossman Burn Center at San Joaquin Community Hospital • Habitat for Humanity • Jim Burke Education Foundation • KEEP Foundation • Kern Adult Literacy Council • Kern Autism Network • Kern Community Foundation • Kern County Black Chamber of Commerce • Kern County Children and Families Commission • Kern County Hispanic Chamber of Commerce • Kern County Museum • Kern County Science Foundation • Kern County Sheriff's Search and Rescue • Kern Economic Development Corporation • Kern High School District Educational Foundation • Kings County Economic Development Association • Lemoore High School • Lost Hills Union School District • Maricopa High School • MESA • Mexican American Opportunity Foundation • Museum of Ventura County • North County Adaptive and Recreation Program • North County Women’s Shelter • Orange County Business Council • Paso Robles High School • Project Best • Project Self Sufficiency • Project Understanding • Rancho Los Amigos • Ready to Start Foundation • Regional Chamber of the San Gabriel Valley • R.M. Pyles Boys Camp • San Ardo Elementary School • San Miguel Joint Union School District • Santa Maria Valley Chamber of Commerce • Sheridan Way Elementary School • Stop the Violence • Studios on the Park • Taft City School District • Taft College Foundation • Taft District Chamber of Commerce • Taft Oildorado • Taft Union High School • United Way • Valley Public Radio • Ventura Chamber of Commerce • Ventura County Arts Council • Ventura County Community Foundation • Ventura County Economic Development Association • Ventura County Fire Department • Ventura County Office of Education • Ventura County Science Fair • Ventura Education Partnership • Ventura Music Festival • Ventura Police Activities League • West Hills College Foundation • West Side Recreation & Park District • YMCA of Orange County • Yorba Linda Chamber of Commerce

Our work includes helping others. Learn more at aeraenergy.com

2015 Kern County Market Overview & Investor Directory

55


Kern Lifestyle

Quality of Life

W

ith more than 8,000 square miles, Kern offers everything from big city amenities to small town friendliness, along with outstanding recreational opportunities and easy access to ocean, alpine, and desert.

San Diego (135%) Los Angeles/Long Beach (135%) San Francisco (167%)

170%

160%

150%

140%

130%

120%

110%

100%

90%

80%

70%

60%

50%

40%

30%

56

Riverside (116%)

20%

(California’s 20 Most Populated Cities, Estately)

Bakersfield (106%)

10%

This “Nashville of the West” will have your family calling Kern County home in no time!

U.S. Average

COST OF LIVING INDEX COMPARISON

0%

Our largest city, Bakersfield, was founded on hospitality and that spirit is found throughout Kern County. In the mid-19th century, Col. Thomas Baker was known for offering travelers a place to rest in the area he settled that became known as “Colonel Baker’s Field.” That spirit of welcoming continues today, as new industry, new residents, and new visitors discover Kern County. Don’t believe it? Just look at how our population has grown: between 1960 and 2010, Kern’s population increased 187%!

Affordable Cost of Living

(ACCRA Cost of Living Index, 2014 Annual Review)

Food. Fun. Festivals. Family.

That spirit of welcoming continues today, as new industry, new residents, and new visitors discover Kern County. Don’t believe it? Just look at how our population has grown...

1st

1st

2nd

3rd

3rd

Lowest Cost of Living

Most Affordable Housing Market

Most Family Friendly City

Shortest Commute

Largest Children’s Population

2015 Kern County Market Overview & Investor Directory


â– $16.24 Billion Total Personal Income: Up $140 million, annual growth rate of 3.4%

CITY

ANNUAL SALARY NEEDED TO MAINTAIN SAME QUALITY OF LIFE

Los Angeles

$75,690

San Diego

$75,640

Riverside

$65,530

Fresno

$60,220

(Cost of Living Index, Q1 2015)

If you make $60,000 in Kern County how much would you have to make in other California areas to maintain the same quality of life?

KERN COUNTY

$60,000

METRO

KERN COUNTY

FRESNO COUNTY

RIVERSIDE COUNTY

SAN DIEGO COUNTY

LOS ANGELES COUNTY

MEDIAN HOME PRICE

$197,000

$208,000

$300,000

$440,000

$455,000

Middle Class:

Middle Class:

Middle Class:

Middle Class:

Middle Class:

61%

51%

44%

25%

22%

Millennials:

Millennials:

Millennials:

Millennials:

Millennials:

47%

32%

34%

18%

17%

1,400 ft2

1,350 ft2

1,400 ft2

1,100 ft2

1,250 ft2

PERCENTAGE OF HOMES AFFORDABLE TO

MEDIAN SIZE OF HOME AFFORDABLE TO MIDDLE CLASS

Ease of Transportation ANNUAL COMMUTE COMPARISONS

CITY/ URBAN AREA

COMMUTERS PER DAY*

RUSH HOURS PER DAY

2.5

Bakersfield

ANNUAL ANNUAL DELAY CONGESTION COST PER COMMUTER PER COMMUTER

12 hr

$298

15 hr

$337

38 hr

$854

37 hr

$774

61 hr

$1,300

304,000

2.5

Fresno 383,000

4

Riverside

(Urban Mobility, FindTheData.com)

1.11 million

5

San Diego 1.7 million

8

Los Angeles 1.79 million

*Number of travelers who begin a trip during the morning or evening peak hours.

2015 Kern County Market Overview & Investor Directory

57

(DataQuick News and Trulia Trends)

Salary Comparison


Kern Lifestyle

Kern County is the Place to Be! Bravo! Bravo!

Arts & Entertainment

The Mountain Shakespeare Festival brings live theater to Pine Mountain Club, while the Ridgecrest Community Light Opera and Theater Association produces plays throughout the year. Bakersfield Community Theater is the longest continually operating community theater in California, and the second oldest live theater west of the Mississippi. Larger productions and top names in entertainment go onstage at Bakersfield’s Fox Theater and Rabobank Theater & Arena.

7

Photo by City of Bakersfield Recreation and Parks

Outdoor Activities

The scenic Kern River is the source of boundless recreational activities: from whitewater rafting and boating in the Kern River Valley, fishing in the Kern River canyon, to cycling or walking the 30 mile Kern River Parkway Trail through Bakersfield. Sky diving is popular around Taft and Frazier Park and golf courses are found just about everywhere is Kern. Exploring nature is also a popular activity, from Red Rock Canyon in the Mojave Desert, to Sequoia National Forest, to Wind Wolves Preserve, the west coast’s largest non-profit preserve.

Photo by Rivers End Rafting

Festival Fun There always seems to be a festival going on somewhere in Kern County: Ridgecrest Air Show and Balloon Festival, Greek Food Festival, Tehachapi Mountain Festival, Wasco Rose Festival, Bakersfield Jazz Festival, Via Arte Italian Street Painting Festival, Mac and Cheese Festival, Kern County Nut Festival, and many more.

Community Festivals 58

2015 Kern County Market Overview & Investor Directory

Photo by Bakersfield Convention & Visitors Bureau

The Great Outdoors


Chow Down

74

Photo by Belvedere Room

Photo by Rosemary’s Family Creamery

New residents and visitors alike rave about their latest “food find,” whether it is white table cloth or Kern County casual. Our restaurants have made Saveur Magazine, Smithsonian, Travel+Leisure, the New York Times, and Food Network.

Delicious Food Photo by Bakersfield CVB

Get Your Game On

by Bakersfield Convention & Visitors Bureau

With three professional sports teams (baseball, hockey, and basketball), countless golf courses, and the west coast’s largest soccer facility, Kern County is a sports-lovers paradise, either as a participant or as a spectator. Get your team on here.

Love of Sports Photo by Michael Duffy Summit Photography

Start Your Engines! Join racing fans from throughout the world who regularly visit Kern’s storied tracks: Auto Club Famoso Raceway, Willow Springs International Raceway, Buttonwillow Raceway, Bakersfield Speedway, and Kern County Raceway Park. Start your engines for racing fun. ■

Whatever you enjoy—bird-watching, golfing, hunting and fishing, auto racing, sky diving, rock climbing, biking, off-roading, skiing, kayaking, or windsurfing—Kern County is the place to be! 2015 Kern County Market Overview & Investor Directory

Auto Racing Mania Photo by Bakersfield Speedway

59


Top 10 Reasons Why Businesses Join the Greater Bakersfield Chamber of Commerce

1 2 3 4 5

Connections with Other Businesses

Educational Opportunities

Business Exposure

Advocacy Efforts

Want to Make a Difference in Community

Benefits and Services Provided

Credibility of Membership

Leads Generation

Civic Responsibility

Participate on Chamber Committees

10 great benefits, at prices your business can afford!

6 7 8 9 10

1 to 9 Employees ............................................... $375 10 to 25 .................................................................... $445 26 to 39 .................................................................... $545 40 to 69 .................................................................... $645 70 to 99 .................................................................... $825 100 and over ...............$800+$2 per employee Associate* ............................................................... $205 Retired .........................................................................$65 Two part-time employees are equivalent to one full-time employee.

Contact Joy Davis, Director of Membership at (661) 327-4421 or jdavis@bakersfieldchamber.org for more information on Chamber membership.

*An associate annual membership is provided for individuals not engaged in business and for branches of member firms. Contact Chamber Membership. Director for Branch office qualifications. Dues investment amounts are subject to change without notice. Dues are not deductible as a charitable contribution for income tax purposes. Dues may be considered as an ordinary and necessary business expense.

60

2015 Kern County Market Overview & Investor Directory


A-C Electric Company Innovation for the future...

Celebrating 70 years

in the Central Valley!  New Construction  Design Build  Industrial

….built on a tradition of Excellence.

 Site Lighting  Commercial Solar  Automation  System Integration  Oil Field Service  24/7 Service

A-C Electric Company Since 1945 Bakersfield A-CELECTRIC.COM

Visalia

Fresno CA Lic 99849

A-CAUTOMATED.COM

A-CSOLAR.COM


Investor List

KERN EDC INVESTOR LIST

BY CATEGORY

Accounting Firms

Advertising Agencies

BARBICH HOOPER KING DILL HOFFMAN

DESIGN MARK & ASSOCIATES

SABA AGENCY

Geoffrey B. King

Mark Ramsey

Cathy Berthiaume

P.O. Box 11171

5401 Business Park South, Suite 217

P.O. Box 11570

Bakersfield, CA 93389-1171

Bakersfield, CA 93309

5329 Office Center Court, Suite 220

(661) 631-1171

(661) 323-7787

Bakersfield, CA 93389

www.bhkcpas.com

www.designmarkassociates.com

(661) 326-0393

A full service firm serving businesses and individuals, with expertise in Agriculture and Wineries, Medical and Dental, Not-for-Profits, Real Estate and Construction, Employee Benefit and Pension Plan Administration, Employee Benefit Plan Audits, and Special Districts.

Specializing in all forms of print communications, brand development/support, broadcast media and web design.

www.sabaagency.com

DANIELLS PHILLIPS VAUGHAN & BOCK MANAGING PARTNER Nancy Vogel 300 New Stine Road Bakersfield, CA 93309 (661) 834-7411 www.dpvb.com Specializing in serving the owner managed business.

O’DELL CROSS CPA’S Nicolette Cross, CPA CEO 5001 California Avenue, Suite 212 Bakersfield, CA 93309 (661) 716-1160 www.odellcrosscpa.com Specializing in full service accounting, auditing and tax.

Specializing in advertising, print, website development, graphic design, and electronic and social media.

eMEDIA Erin Henderson

WILLIS DESIGN STUDIO

1800 Oak Street, Suite B

Mike Willis

Bakersfield, CA 93301

1703 Forrest

(661) 323-0800

Bakersfield, CA 93304

info@emediams.com

(661) 324-2337

www.eMediams.com

www.willisdesign.com

Specializing in creative advertising and media placement.

blog.willisdesign.com Specializing in print and web design.

HEISE MEDIA GROUP Marlene B. Heise 1400 Easton Drive, Suite 148 Bakersfield, CA 93309 (661) 323-8594 info@heisemedia.com www.heisemedia.com Specializing in full-service marketing, advertising and communications.

Advertising Agencies & Promotional Products PROFORMA SOLUTIONS Beckie Diltz 5330 Office Center Court, Suite 34 Bakersfield, CA 93309 (661) 633-1117 beckie.diltz@proforma.com www.proformabakersfield.com Specializing in print, promotional, marketing and social media.

THE MARCOM GROUP INCORPORATED David Plivelich 1100 Mohawk Street, Suite 170 Bakersfield, CA 93309 (661) 489-4444 www.TheMarcomGroup.com Specializing in advertising, branding, design and website development.

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2015 Kern County Market Overview & Investor Directory


Categorical

Agriculture / Food Processing

Architecture Firms

FRITO-LAY

KSA GROUP ARCHITECTS

DOWLING AARON INCORPORATED

Stephen Ray

Derek Holdsworth

5080 California Avenue, Suite 200

28801 Hwy 58

4660 American Avenue, Suite 200

Bakersfield, CA 93309

Bakersfield, CA 93314

Bakersfield, CA 93309

(661) 716-3000

(661) 328-6000

(661) 834-1331

www.dowlingaaron.com

www.fritolay.com

www.ksagrouparchitects.com

Specializing in commercial transactions, employment law, business and estate planning, and business litigation.

Specializing in snack foods.

Specializing in medical, retail and industrial buildings.

GIUMARRA VINEYARDS

KLASSEN CORPORATION

KLEIN, DENATALE, GOLDNER, COOPER, ROSENLIEB & KIMBALL, LLP

Jeff Giumarra

Mark Delmarter

Dennis Mullins

11220 Edison Highway

2021 Westwind Drive

4550 California Avenue, 2nd Floor

Edison, CA 93307

Bakersfield, CA 93311

Bakersfield, CA 93309

(661) 395-7000

(661) 324-3000

(661) 395-1000

www.fritolay.com

www.klassencorp.com

www.kleinlaw.com

Specializing in grapes, potatoes, and citrus.

Specializing in energy, commercial, education, industrial, civic, agribusiness, and healthcare industries.

KDG provides the most advanced legal services in the San Joaquin Valley, ranging from business litigation and transactions to specialized representation for bankruptcy, employment, estate planning, construction, intellectual property and real estate matters.

GRIMMWAY FARMS Patty Poire P.O. Box 81498 Bakersfield, CA 93380 (661) 855-8530 www.grimmway.com ppoire@grimmway.com

ORDIZ-MELBY ARCHITECTS, INC. Danny Ordiz 5500 Ming Avenue, Suite 280 Bakersfield, CA 93309 (661) 832-5258 www.ordizmelby.com Specializing in institutional and commercial buildings.

Specializing as a grower, packer, processor, and shipper of carrots and other organic vegetables.

Airports

5100 Gasoline Alley Drive (661) 398-8697

Renee Goodwin

www.billwright.com

Bakersfield, CA 93309

Stuart Witt

(661) 843-8400

1434 Flightline

www.teterae.com

www.mojaveairport.com

Steve Downs

TETER

MOJAVE AIR AND SPACE PORT

(661) 824-2433

BILL WRIGHT TOYOTA

Bakersfield, CA 93313

1200 Discovery Drive, Suite 160

Mojave, CA 93501

Automobile Dealers

Specializing in education, agriculture, energy, and industrial.

Specializing in automobile sales and services.

JIM BURKE FORD Dan Hay 2001 Oak Street Bakersfield, CA 93301

Attorneys

(888) 699-4585

BRUMFIELD & HAGAN, LLP

Specializing in automobile sales and services.

Specializing in aerospace and industrial development.

www.myjimburkeford.com

Kristin Hagan 2031 F Street

MOTOR CITY LEXUS-BUICK/GMC

Bakersfield, CA 93301

Richard Stricklen

(661) 215-4980

3101 Pacheco Road

kristin@brumfield-haganlaw.com

Bakersfield, CA 93313

www.brumfield-haganlaw.com

661/836-9000

Specializing real estate, land use and civil litigation.

www.motorcitywest.com Specializing in GMC, Buick, and Lexus.

2015 Kern County Market Overview & Investor Directory

63


Investor List

Banks / Credit Unions / Financial Institutions BANK OF THE SIERRA

MERRILL LYNCH WEALTH MANAGEMENT

WELLS FARGO BANK

Heather Sullivan

Andy Stanley

Jeff Stone

Market President

5080 California Avenue, Suite 102

8500 Ming Avenue

Bakersfield, CA 93309

Vice President Regional Sales Manager

Bakersfield, CA 93311

(661) 326-7708

(661) 654-6397

www.fa.ml.com/andystanley

(661) 376-1953 Cell

andrew.stanley@ml.com

www.bankofthesierra.com

Specializing in personalized wealth management plans, 401(k) implementation, cash management, investment income, asset growth, and tax reduction strategies.

molague@bankofthesierra,com Specializing in independent full service banking including small business loans.

FARM CREDIT WEST Mike Moore 19628 Industry Parkway Drive Bakersfield, CA 93389 (661) 399-7360 michael.moore@farmcreditwest.com

MID STATE DEVELOPMENT CORP. Keith Brice 1631 17th Street Bakersfield, CA 93301 (661) 322-4241 www.msdcdc.org Specializing in commercial real estate funding and 504 SBA loans.

www.farmcreditwest.com Specializing in agriculture finance.

RABOBANK Deanna Blaise

JPMORGAN CHASE Zeny Agullana 1415 L Street, Suite 650 Sacramento, CA 95814 (916) 491-3340 Specializing in financial services.

SVP Retail Division Manager South Valley

5401 California Avenue, Suite 200 Bakersfield, CA 93309 (661) 637-2632 stonejb@wellsfargo.com www.wellsfargo.com Specializing in a diversified financial services company providing commercial, agriculture and consumer banking as well as insurance, investment and mortgage services.

Business Consulting BUSINESS INITIATIVES Sue Watson 9021 Willamette Court Bakersfield, CA 93312 (661) 301-7162 sue@businessinitiatives.com Specializing in improving organizational effectiveness and conflict resolution.

3800 Riverlakes Drive

GENE TACKETT CONSULTING

Bakersfield, CA 93312

Gene Tackett

(661) 334-6901

2927 19th Street

deanna.blaise@rabobank.com

Bakersfield, CA 93301

www.rabobankamercia.com

(661) 747-0654

Specializing in full service community banking.

Specializing in connecting projects with local government and winning project approval.

TRI COUNTIES BANK Greg Gill

PROVIDENCE STRATEGIC CONSULTING, INC.

KERN SCHOOLS FEDERAL CREDIT UNION

5201 California Ave, Suite 102

Tracy Leach

Steve Renock

Bakersfield, CA 93309

1800 30th Street, 4th Floor

(661) 325-9321

Bakersfield, CA 93301

www.tcbk.com

(661) 327-1698

Specializing in commercial lending.

www.provconsult.com

P.O. Box 9506 Bakersfield, CA 93389 (661) 833-7955 www.ksfcu.org Specializing in financial services.

VALLEY REPUBLIC BANK

Specializing in strategic communications & government & public affairs.

Bruce Jay 5000 California Avenue, Suite 110 Bakersfield, CA 93309 (661) 371-2000 www.valleyrepublicbank.com Specializing in local, responsive and reliable community banking services.

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Contractors Electrical YANKEE COMMUNICATIONS

GRANITE CONSTRUCTION COMPANY

A-C ELECTRIC COMPANY

Jimmy Yee

Brent Fogg

Daren Alexander

5001 California Avenue, #211

3005 James Road

2921 Hangar Way

Bakersfield, CA 93309

Bakersfield, CA 93388

Bakersfield, CA 93308

(661) 861-8100

(661) 399-3361

(661) 410-0000

JYee@yankeecommunications.us

www.graniteconstruction.com

www.a-celectric.com

Specializing in communications, lobbying, and crisis management.

Specializing in general engineering/aggregate and asphalt materials sales.

Specializing in electrical engineering, construction automation and service.

Chambers of Commerce

GUINN CONSTRUCTION COMPANY Jeff Affonso

ELECTRICAL SYSTEMS & INSTRUMENTATION, INC.

6533 Rosedale Highway

Martin Esqueda

GREATER BAKERSFIELD CHAMBER OF COMMERCE

Bakersfield, CA 93308

6906 Downing Avenue

661/325-6109

Bakersfield, CA 93308

1725 Eye Street

info@earthmover.com

(661) 587-9322

Bakersfield, CA 93301

www.guinnconstruction.com

www.elect-systems.com

(661) 327-4421

Specializing in general engineering construction.

Specializing in Electrical and Instrumentation construction and maintenance.

www.bakersfieldchamber.org Specializing in providing leadership for a healthy business community.

Computer / Internet Services CARNEY’S BUSINESS TECHNOLOGY CENTER Rick Kreiser 2001 Westwind Drive Bakersfield, CA 93301 (661) 327-0030 www.carneys.com Specializing in design, installation, and support of businessclass networks.

Construction

MAAS COMPANIES, INC. Courtney Kerrigan

SOUTH VALLEY ELECTRICAL CONTRACTORS, INC.

20280 Acacia Street, #220

Darren Scott

Newport Beach, CA 93660

309 Windsor Park Drive

(949) 679-9439

Bakersfield, CA 93311

www.maasco.com

(661) 665-9809

Specializing in program/project management, public and private institutions.

PAC-VAN, INC. Tom Svare 2801 E. Brundage Lane

6950 McDivitt Drive Bakersfield, CA 93313 (661) 395-1676 patrickhowes@baymarr.com www.baymarr.com Specializing in concrete/tilt-up construction.

Specializing in electrical maintenance, construction and remodels of commercial, industrial and home projects.

Contractors - General

Bakersfield, CA 93307

GRIFFITH COMPANY

(661) 324-0060

Luke Walker

www.PacVan.com

1128 Carrier Parkway Avenue

Specializing in modular buildings, mobile offices and storage

Bakersfield, CA 93308

equipment.

(661) 392-6640

BAYMARR CONSTRUCTORS, INC. Patrick Howes

dscott@southvalleyelectrical.com

TURMAN CONSTRUCTION Jeff Turman 4301 Park Circle Bakersfield, CA 93309 (661) 831-0905 www.turmanconstruction.com

www.griffithcompany.net Specializing in paving, concrete and underground utility.

S.C. ANDERSON, INC. Tim Hooper P. O. Box 81747

Specializing in general engineering, contracting and

Bakersfield, CA 93380

infrastructure.

(661) 392-7000 www.scanderson.com Specializing in commercial, educational and healthcare development properties.

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Investor List

Education SUPERIOR CONSTRUCTION

TAFT COLLEGE

Amber Shafer

Dr. Dena Maloney

4241 E. Brundage Lance

29 Cougar Court

Bakersfield, CA 93307

Taft, CA 93268

(661) 588-0552

661/763-7748

www.superiorconstuctiononline.com

www.taftcollege.edu

Specializing in general contracting in all types of construction for the ag, oil, industrial, medical and retail industries.

CALIFORNIA STATE UNIVERSITY, BAKERSFIELD

WALLACE & SMITH CONTRACTORS

Kellie Garcia

Chris Wilson

9001 Stockdale Highway

3325 Landco Drive

Bakersfield, CA 93311

Bakersfield, CA 93308

(661) 654-2287

(661) 327-1436

www.csub.edu

www.wallacesmith.com

Specializing as Kern County’s only regionally comprehensive state university.

Specializing in multi-unit housing and commercial, industrial, institutional, agriculture, and aviation buildings.

Contractors Steel Fabricators PCL INDUSTRIAL SERVICES, INC. Mark Pittser

KAPLAN COLLEGE Dr. Michael McClenic 1914 Wible Road Bakersfield, CA 93306 (661) 836-6300 www.kaplancollege.com/bakersfield Specializing in vocational and employer-oriented education.

Discover the Difference!

UNIVERSITY OF LA VERNE, KERN COUNTY CAMPUS Nora Dominguez 1201 24th Street, Suite D200 Bakersfield, CA 93301 661/861-6800 www.laverne.edu Specializing in bachelor and masters degrees in business and education, credentials, Doctorate in Organizational Management, small business development resources, corporate employee tuition discounts, and on-site degree programs. WASC Accredited.

Employment / Training / Recruitment Services

1500 South Union Avenue Bakersfield, CA 93307

KERN COMMUNITY COLLEGE DISTRICT

(661) 832-3995

BAKERSFIELD COLLEGE

www.pcl.com

CERRO COSO COMMUNITY COLLEGE

Specializing in full service heavy industrial contracting.

Corporate Meeting Space

PORTERVILLE COLLEGE Sandra V. Serrano, Chancellor 2100 Chester Avenue Bakersfield, CA 93301 (661) 336-5104

THE LODGE AT PAINTED ROCK

www.kccd.edu

Tom Teofilo

Specializing in university transfer, basic skills, and workforce training education for students at the lower division undergraduate college level.

P.O. Box 3203 Lake Isabella, CA 93240-3203 (760) 379-5500 tom@teofilo.com www.lodgeatpaintedrock.com Specializing business meetings, weddings and corporate get-aways.

VOLT WORKFORCE SOLUTIONS Sofia Espinoza 4560 California Avenue Bakersfield, CA 93309 (661) 395-0135 sespinoza@volt.com www.volt.com Specializing in accounting and finance, administrative, engineering IT and light industrial services.

WORKLOGIC HR LEGAL SOLUTIONS David Blaine 4029 Coffee Road

KERN COUNTY SUPERINTENDENT OF SCHOOLS Christine Lizardi Frazier 1300 17th Street Bakersfield, CA 93301 (661) 636-4000

Bakersfield, CA 93308 (661) 588-8118 dblaine@worklogiclegal.com www.worklogiclegal.com Specializing in human resource consulting and employment law counseling.

www.kern.org Specializing in services to school districts.

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Energy Producers Oil, Gas, Cogeneration, Wind and Solar 8MINUTENERGY RENEWABLES Tom Buttgenbach 5455 Wilshire Blvd., Suite 2010 Los Angeles, CA 90036 (323) 525-0900 www.8minutengery.com Specializing in solar development.

CALIFORNIA RESOURCES CORPORATION, LLC Holly Arnold 10800 Stockdale Highway Bakersfield, CA 93311 (661) 412-5044 holly.arnold@crc.com

EDP RENEWABLES NORTH AMERICA, LLC Tim Marvich 53 SW Yamhill Street Portland, OR 97204 (503) 222-9400 www.edpr.com Specializing in renewable energy.

www.crc.com Specializing in oil and gas exploration and production.

FIRST SOLAR Jack Pigott 525 Market Street, 15th Floor

AERA ENERGY LLC

San Francisco, CA 94105

Cynthia Pollard

(415) 935-2512

10000 Ming Avenue

www.firstsolar.com Specializing in alternative energy.

P.O. Box 11164 Bakersfield, CA 93389-1164

CHEVRON

(661) 665-5000

Carla Musser

GESTAMP SOLAR

www.aeraenergy.com

9525 Camino Media

Julia Jauregui

Specializing in oil and gas production.

Room A-2050

2440 Tulare Street, Suite 410

Bakersfield, CA 93311

Fresno, CA 93721

(661) 654-7155

(559) 440-6432

www.chevron.com

gestampren@gestampren.com

ALON USA ENERGY, INC. / PARAMOUNT PETROLEUM CORPORATION Bill Winters

Specializing in energy development and production.

6451 Rosedale Highway

Specializing in developing and operating utility-scale photovoltaic plants.

Bakersfield, CA 93308

E&B NATURAL RESOURCES MANAGEMENT

(661) 326-4200

Steve Layton

HYDROGEN ENERGY CALIFORNIA BY SCS ENERGY

Specializing in petroleum refining and marketing CARB gasoline and diesel.

1600 Norris Road

Tiffany Rau

Bakersfield, CA 93308

189 E. Front Street

BHE RENEWABLES, LLC

(661) 679-1700

Buttonwillow, CA 93206

Paulette Rush

www.ebresources.com

(661) 764-6442

15637 Avenue A

Specializing in oil exploration and production.

www.hydroenergycalifornia.com

EDF RENEWABLE ENERGY

Specializing in alternative energy by converting fossil fuels into hydrogen to generate clean electricity and manufacture low-carbon fertilizer products while capturing CO2for use in enhanced oil recovery by resulting in permanent storage of greenhouse gas emissions.

Lancaster, CA 93560 (805) 423-8763 PRush@Midamre.com Specializing solar development.

Mark Tholke 4000 Executive Parkway Suite 100 San Ramon, CA 94583

MARICOPA SUN, LLC

(925) 242-0168

Jeffrey Roberts

www.edf-re.com

1396 West Herndon, Suite #101

Specializing in renewable energy sources.

Fresno, CA 93711 (559) 436-0900 Specializing in land for utility scale solar development.

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Investor List

Engineering Firms MACPHERSON ENERGY COMPANY

sPOWER

MACPHERSON OIL COMPANY

Nikki Olofson

Tim Lovley

2749 E. Parley’s Way

24118 Round Mountain Road

Sat Lake City, UT 84109

Bakersfield, CA 93308

(809) 679-3514

(661) 368-3909

www.spower.com

www.macphersonenergy.com

Specializing in sustainable energy.

SUN EDISON MUTH PUMP, LLC

Tim Lasocki

Garold Muth

44 Montgomery, Suite 2200

4308 Resnik Court #206

San Francisco, CA 94104

Bakersfield, CA 93313

(415) 230-3400

(661) 836-1373

www.sunedison.com

www.muthpump.com

Specializing in solar energy.

Specializing in down hole rod pumps for the oil industry.

SUNPOWER CORPORATION PIONEER GREEN ENERGY, LLC

15637 Avenue A

Cyrus Tashakkori

Rosamond, CA 93560

1802 Lavaca Street, Suite 200

(408) 240-5500 Ext: 5437

Austin, TX 78701

www.sunpower.com

(512) 921-8643

Specializing in solar energy and construction.

Michael Bowes 300 California Street, 7th Floor San Francisco, CA 94104 (415) 675-1500 www.recurrentenergy.com Specializing in solar development.

SEMPRA U.S. GAS & POWER Lisa Briggs 101 Ash Street, HQ15A San Diego, CA 92101 (619) 696-4016 LBriggs@SempraUSGP.com Specializing in alternative energy.

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315 30th Street P.O. Box 82191 Bakersfield, CA 93380-2191 (661) 399-2200 Specializing in complete industrial automation services, including: control system engineering, systems integration, instrumentation, and electrical construction.

BSK ASSOCIATES ENGINEERS & LABORATORIES On Man Lau, P.E., G.E. Bakersfield Branch Manager 700 22nd Street Bakersfield, CA 93301 (661) 327-0671, ext. 206 www.bskinc.com Specializing in providing analytical chemistry, construction observation, ecological services, environmental engineering, geotechnical engineering, construction materials testing, and water resources management.

CANNON

www.pioneergreen.com

RECURRENT ENERGY

David Morton

www.a-cautomated.com

Energy – Power Generation, O&G E&P

Specializing in renewable energy project development.

AUTOMATED CONTROL & TECHNICAL SERVICES

WESTERN STATES PETROLEUM ASSOCIATION Nick Ortiz 901 Tower Way, Suite 300 Bakersfield, CA 93309 (661) 321-0884 www.wspa.org Specializing in striving to ensure adequate, reliable, and

Skip Carleton, PLS 4540 California Avenue, Suite 550 Bakersfield, CA 93309 (661) 328-6280 SkipC@CannonCorp.us www.cannoncorp.us Specializing in providing responsive solutions to clients in oil and gas, development, and public infrastructure.

affordable energy for consumers in the western United States.

DEWALT CORPORATION Jeffrey Gutierrez 1930 22nd Street Bakersfield, CA 93301 (661) 323-4600 www.dewaltcorp.com Specializing in providing creative and pragmatic civil engineering and land surveying solutions for residential, commercial, institutional, and industrial development.

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Categorical

KRAZAN & ASSOCIATES

QUAD KNOPF, INC.

Byron “Kip” Williamson

Jeff Cowart

2205 Coy Avenue

5080 California Avenue, Suite 200

Bakersfield, CA 93307

Bakersfield, CA 93309

(661) 837-9200

(661) 616-2600

www.Krazan.com

www.quadknopf.com

Specializing in geotechnical and environmental engineering.

Specializing in the dedication of providing innovative and efficient solution in the areas of civil and traffic engineering, surveying, construction management, landscape architecture, utility coordination, planning and urban design, environmental permitting, and NEPA/CEQA compliance.

NYFOTOGRAPHY KISS ME PHOTO BOOTH Natalie Green M.S. / P.P.S. 2100 19th Street Bakersfield, CA 93301 (661) 864-7700 (661) 549-9108 www.nyfotograpghy.com www.kissmephotobooth.com NYFotography -Blog about it

SEI - SOILS ENGINEERING, INC.

Specializing in professional photography and day of event photography services.

Tom Bayne McINTOSH & ASSOCIATES Roger McIntosh 2001 Wheelan Court Bakersfield, CA 93309-4975 661/834-4814

4400 Yeager Way Bakersfield, CA 93313

Financial Services

(661) 831-5100

CENTRAL VALLEY FUND

www.soilsengineering.com

Brad Triebsch

Specializing in soils, geology, environmental, and construction materials testing and consulting.

1590 Drew Avenue, Suite 110 Davis, CA 95618

www.mcintoshassoc.com rmcintosh@mcintoshassoc.com

WZI, INC.

(530) 757-7004

Specializing in civil engineering, land surveying, land development, photogrammetry, and landscape design.

Jesse D. Frederick

www.centralvalleyfund.com

1717 28th Street MORENO STRUCTURAL ENGINEERING, INC. Justin Moreno 5351 Olive Drive #100 Bakersfield, CA 93308 (661) 480-6625 www.morenostructural.com Specializing in structural engineering services.

PROVOST & PRITCHARD CONSULTING GROUP, INC. Terry Schroepfer, P.E. 1800 30th Street, Suite 280 Bakersfield, CA 93301 (661) 616-5900

Bakersfield, CA 93301 (661) 326-1112 www.wziinc.com Specializing in engineering consulting.

Entertainment BAKERSFIELD CONDORS PROFESSIONAL HOCKEY

Specializing in management buyouts, recapitalizations, acquisitions, intergenerational transfers, and growth capital.

Government Agencies City / County CITY OF BAKERSFIELD Doug McIsaac 1715 Chester Avenue

Matthew Riley

Bakersfield, CA 93301

P.O. Box 1806

(661) 326-3681

Bakersfield, CA 93303

www.bakersfieldcity.us

(661) 324-7825 www.bakersfieldcondors.com Specializing in sports entertainment.

bakersfield@ppeng.com www.ppeng.com Specializing in engineering, planning, surveying, water resources and infrastructure for private sector clients and government.

CITY OF CALIFORNIA CITY Tom Weil 21000 Hacienda Blvd. California City, CA 93505 (760) 373-8661 citymgr@californiacity.com www.californiacity.com

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Investor List

CITY OF McFARLAND

CITY OF WASCO

John Wooner

J. Paul Paris

401 West Kern Avenue

746 8th Street

McFarland, CA 93250

Wasco, CA 93280

(661) 792-3091

(661) 758-7214

www.mcfarlandcity.org

www.ci.wasco.ca.us daallen@ci.wasco.ca.us

CBCC - COMPREHENSIVE BLOOD & CANCER CENTER Gitesh Patel 6501 Truxtun Avenue Bakersfield, CA 93309 (661) 322-2206 info@CBCCUSA.com www.cbccusa.com Specializing in cancer and blood diseases and the world’s only Comprehensive Cancer Center with a freestanding Cyberknife Center.

DIGNITY HEALTH BAKERSFIELD BAKERSFIELD MEMORIAL HOSPITAL Jon Van Boening, President

CITY OF SHAFTER Scott Hurlbert

COUNTY OF KERN

336 Pacific Avenue

John Nilon

Shafter, CA 93263

1115 Truxtun Avenue, 5th Floor

(661) 746-5000

Bakersfield, CA 93301

www.shafter.com

(661) 868-3198 caomailbox@co.kern.ca.us

CITY OF TAFT

www.co.kern.ca.us/cao/

Craig Jones, City Manager 209 East Kern Street Taft, CA 93268 (661) 763-1222

Steve A. Perez

www.cityoftaft.org

3179 35th Street W Rosamond, Ca 93560

CITY OF TEHACHAPI

(661) 256-3411

David A. James

sperez@rosamondcsd.com

115 South Robinson Street

www.rosamondcsd.com

(661) 822-2200

Bakersfield, CA 93301 (661) 327-1792 www.bakersfieldmemorial.org Specializing in tertiary hospital services.

MERCY HOSPITAL Bruce Peters, President Truxtun Campus 2215 Truxtun Avenue

ROSAMOND COMMUNITY SERVICE DISTRICT

Tehachapi, CA 93561

420 34th Street

Healthcare Providers

www.liveuptehachapi.com

Bakersfield, CA 93301 (661) 632-5000 Southwest Campus 400 Old River Road Bakersfield, CA 93311 (661) 663-5000 www.mercybakersfield.org Specializing in healthcare.

GEMCARE MEDICAL GROUP

BAKERSFIELD HEART HOSPITAL

Michael Myers

David Veillette

4550 California Avenue, Suite 500

3001 Sillect Avenue

Bakersfield, CA 93309

Bakersfield, CA 93308

(661) 716-7120

(661) 316-6000

Specializing in healthcare services.

www.bakersfieldhearthospital.com Specializing in high acuity medical and surgical care, including cardiovascular, cardiac catheterization, general surgery and a full service ER.

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Home Builders GEMCARE MERCY MEMORIAL HEALTH SYSTEMS

TOWERY HOMES DBA TOWERY COMMERCIAL

HOMEWOOD SUITES BY HILTON BAKERSFIELD

Michael Myers

Matt Towery

Nicole Kirkland

4550 California Avenue, Suite 500

P.O. Box 81866

1505 Mill Rock Way

Bakersfield, CA 93309

Bakersfield, CA 93312

Bakersfield, CA 93311

661/716-7125

(661) 633-1110 Homes

(661) 664-0400

Specializing in healthcare administrative services.

(661) 615-6634 Commercial

www.bakersfield.homewoodsuites.com

www.toweryhomes.com

Specializing in corporate and leisure travel, lodging, and all meeting and function needs.

HOUCHIN COMMUNITY BLOOD BANK Greg Gallion 11515 Bolthouse Drive

Specializing in residential and commercial building.

Hotels

Bakersfield, CA 93311 (661) 323-4222 www.hcbb.com Specializing in being the sole provider of a safe, adequate blood supply from volunteer blood donors for the purpose of saving the lives of the residents of Kern County.

KAISER PERMANENTE David Womack 5055 California Avenue, Suite 240

BAKERSFIELD MARRIOTT AT THE CONVENTION CENTER

www.kp.org/kerncounty Specializing in providing high quality, affordable health care in an easy and convenient manner with a personal touch.

Kathryn Montes Morgan 1731 Hasti-Acres, Suite 108

801 Truxtun Avenue

Bakersfield, CA 93309

Bakersfield, CA 93301

(661) 834-8566

(661) 323-1900 www.bakersfieldmarriott.com Specializing in corporate and leisure travel, lodging, catering, and all meeting and function needs.

Insurance BUSTOS INSURANCE AGENCY Patrick Bustos

COURTYARD & SPRINGHILL SUITES BY MARRIOTT Dana Gillis 3801 Marriott Drive Bakersfield, CA 93308

SAN JOAQUIN COMMUNITY HOSPITAL

(661) 377-4000

Doug Duffield

www.marriott.com

2615 Chester Avenue

TEJON INDIAN TRIBE

Carlos Navarro

Bakersfield, CA 93309 (661) 864-3392

Indian Tribal Nations

Specializing in lodging needs.

Bakersfield, CA 93301

2200 Oak Street Bakersfield, CA 93301 (661) 327-1621 www.bustosinsurance.com Specializing in business and workers compensation and group health and providing auto, home and life insurance.

FIRST SOLUTIONS INSURANCE SERVICES Jackie McCarville

(661) 395-3000

DOUBLETREE BY HILTON - BAKERSFIELD

4550 California Avenue, Suite 105

www.sjch.us

Bill Murray

Bakersfield, CA 93309

Specializing in hospital/healthcare.

3100 Camino Del Rio Court

(661) 325-3005

Bakersfield, CA 93308-6247

www.kernhealth.com

US HEALTHWORKS MEDICAL GROUP

(661) 323-7111

Liz Martinez

www.bakersfield.doubletree.com

Specializing in employee benefits, individual life, health, annuities and senior plans.

1800 Westwind Drive, Suite 301 Bakersfield, CA 93301

Specializing in corporate and leisure travel, lodging, catering, and all meeting and function needs.

(661) 327-9617 www.ushealthworks.com Specializing in workers comp medicine, physicals and return to work evaluations.

SIDLES DUNCAN & ASSOCIATES, A HUB, INTERNATIONAL COMPANY Eric Barthel 4800 Stockdale Highway, Suite 201 Bakersfield, CA 93309 (714) 308-6013 www.hubinternational.com Specializing in employee benefits and healthcare consulting.

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STATE FARM INSURANCE COMPANIES

H.M. HOLLOWAY, INC.

VULCAN MATERIALS COMPANY

Chris Ward – Vice President Agency Sales

Vard Terry

John Hunt

2019 Westwind Drive, Suite B

P.O. Box 22800

Bakersfield, CA 93301

Bakersfield, CA 93390

(661) 758-6484

(661) 835-4800

www.hmhgypsum.com

www.vulcanmaterials.com

Specializing in gypsum mining and biosolids disposal.

Specializing in construction materials, including sand and gravel, asphalt, ready mix concrete.

HEART OF NATURE

Non - Profit Organizations

900 Old River Road Bakersfield, CA 93311 (805) 379-5049 www.statefarm.com Specializing in providing insurance and financial services.

Labor BUILDING AND CONSTRUCTION TRADES COUNCIL

Jerry Tyler 34710 7th Standard Road Bakersfield, CA 93314

John Spaulding

(661) 399-9755

200 West Jeffrey Street

www.heartofnature.biz

Bakersfield, CA 93305

Specializing in 100% natural minerals for agriculture and environmental uses.

(661) 323-7957 Specializing in providing essential coordination and support to the work of its affiliated national and international unions.

BARC, INC. Jim Baldwin 2240 South Union Avenue Bakersfield, CA 93307 (661) 834-2272

NATIONAL CEMENT COMPANY OF CALIFORNIA, INC.

www.barc-inc.org BARC…Giving People Purpose™ since 1949

Media

Terrence Alexis

THE BAKERSFIELD CALIFORNIAN

Encino, CA 91436-2935

GOODWILL INDUSTRIES OF SOUTH CENTRAL CALIFORNIA

KERN BUSINESS JOURNAL

(818) 728-5200

Sheryl Chalupa

BAKERSFIELD LIFE MAGAZINE

Specializing in cement and concrete.

4901 Stine Road

15821 Ventura Boulevard, Suite 475

Bakersfield, CA 93313

WWW.BAKERSFIELD.COM John Wells P.O. Box 440 Bakersfield, CA 93302 1707 Eye Street Bakersfield, CA 93301 (661) 395-7500 www.bakersfield.com Specializing in providing Kern County residents with the most complete source of local news and information.

Mineral Mining GOLDEN QUEEN MINING COMPANY, LTD. H. Lutz Klingmann 6411 Imperial Avenue West Vancouver, BC V7W 2J5 (604) 921-7570

REYNEVELD CONSTRUCTION

(661) 837-0595

Willy Reyneveld

www.TheGoodwill.org

2911 Landco Drive

Specializing in providing work opportunities and skills

Bakersfield, CA 93308

development to people with barriers to employment.

(661) 859-0224 Specializing in full service concrete construction.

RIO TINTO MINERALS, BORON OPERATIONS

Office Furnishings, Equipment & Supplies

Isabelle Brassard, General Manager

STINSON STATIONERS

14486 Borax Road

Ben Stinson

Boron, Ca 93516

4500 Stine Road-Office Furniture Showroom

(760) 762-7470

1108 Baker Street

www.riotintominerals.com

Bakersfield, CA 93305

Specializing in being a leading supplier of borates and, servicing more than 2,400 direct customers worldwide.

(661) 323-7611 www.stinsons.com Specializing in office products and office furniture.

www.goldenqueen.com Specializing in mineral mining.

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Partners

Printing / Digital / Direct Mail Services

Real Estate Commercial

AMERICA’S JOB CENTER OF CALIFORNIA

BERKADIA REAL ESTATE ADVISORS

Daniel C. Smith

Mark J Bonas

1600 E. Belle Terrace

1430 Truxtun Avenue, 5th Floor

Bakersfield, CA 93307

Bakersfield, CA 93301

(661) 336-6849

(661) 369-7100

www.amerciasjobcenterofkern.com www.etronline.com Specializing in employment and training.

ANTELOPE VALLEY BOARD OF TRADE Vicki Medina - Executive Director 41319 12th Street West, Suite 104 Palmdale, CA 93551

SIERRA PRINTERS Jon Van Alstyne Steven Van Alstyne 901 19th Street (661) 322-6128 www.sierraprinters.com Specializing in commercial printing and direct mail services.

TREK IMAGING Valarie Canfield

KERN COUNTY BOARD OF TRADE Teresa Hitchcock 2101 Oak Street Bakersfield, CA 93301 (661) 868-5376 info@visitkern.com www.kerncountyboardoftrade.com KERN COUNTY TAXPAYERS ASSOCIATION

3700 Easton Drive Bakersfield, CA 93309

Bakersfield, CA 93301 (661) 322-2973 kerntax@kerntaxpayers.org www.kerntaxpayers.org KERN HIGH SCHOOL DISTRICT Bryon Schaefer 5801 Sundale Avenue

www.berkadia.com www.apartmentupdate.com Specializing in multi-family investment sales.

BROCK REALTY ADVISORS Chad Brock 2130 F Street, Suite B Bakersfield, CA 93301 (661) 864-1000 www.naicentralcal.com Specializing in commercial real estate, brokerage, and management services.

(661) 325-2695 www.trekimaging.com

COLLIERS INTERNATIONAL

Specializing in printing, copying, promotional products and wide format equipment.

David Williams, SIOR 10000 Stockdale Highway, Suite 102

Promotional Products

Michael Turnipseed 331 Truxtun Avenue

mbonas@berkadia.com

Bakersfield, CA 93301

(661) 947-9003 www.avbot.org

(661) 330-1283

CREATIVE CONCEPTS

Bakersfield, CA 93311 (661) 631-3800 www.colliers.com/bakersfield Specializing in office, industrial, retail, land and investment properties.

Tom Saba 5329 Office Center Court, Suite 220 Bakersfield, CA 93309 (661) 326-0393 www.sabaagency.com Specializing in imprinted promo items, safety incentive programs, embroidered and silk screened wearables.

Public Relations

CUSHMAN & WAKEFIELD / PACIFIC COMMERCIAL REALTY ADVISORS Wayne Kress 5060 California Avenue, Suite 1000 Bakersfield, CA 93309 (661) 633-3819 www.paccra.com Specializing in commercial properties.

Bakersfield, CA 93309 (661) 827-3100 www.khsd.k12.ca.us Specializing in serving the 9-12 educational needs of more than 37,000 students.

LARRY PICKETT/PUBLIC RELATIONS Larry Pickett 9530 Hageman Road, Suite B166 Bakersfield, CA 93312 (661) 587-8173 www.LarryPickettPR.com Specializing in public outreach, media relations, crisis management, training and meeting facilitation.

2015 Kern County Market Overview & Investor Directory

NEWMARK GRUBB ASU & ASSOCIATES Mark Smith 2000 Oak Street, Suite 200 Bakersfield, CA 93301 (661) 862-5454 www.ngkf.com Specializing in office, industrial, retail, agriculture, land and multi-family real estate.

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OLIVIERI COMMERCIAL GROUP, INC.

CASTLE & COOKE CALIFORNIA, INC.

TEJON RANCH COMPANY

Anthony Olivieri

Laura Whitaker

Greg Bielli

9810 Brimhall Road

10000 Stockdale Highway, Suite 300

P. O. Box 1000

Bakersfield, CA 93312

Bakersfield, CA 93311

Tejon Ranch, CA 93243

(661) 327-1200 Main

(661) 664-6500

(661) 248-3000

(661) 617-1850 Direct

www.castlecooke.com

www.tejonranch.com

www.oliviericommercial.com

Specializing in the development of master planned communities and commercial and retail centers.

Specializing in a diversified real estate development and agribusiness company committed to responsibly using its land and resources to meet the housing, employment and lifestyle needs of Californians.

RITCHIE REALTY ADVISORS

FIRST AMERICAN TITLE HOMEBUILDER SERVICES

TRACY RANCH, INC.

John Ritchie

Brian Johns

5100 California Avenue, Suite 101

8500 Stockdale Highway, Suite 190

Bakersfield, CA 93309

Bakersfield, CA 93311

(661) 889-3549

(661) 362-6510

johnr@ritchierealtyadvisors.com

(661) 221-3452 Cell

Specializing in commercial real estate development, entitlement, and brokerage construction.

bjohns@firstam.com

Specializing in sale and leasing of commercial real estate.

www.firstam.com/title/homebuilder/socal STOCKDALE PROPERTY MANAGEMENT, INC. AMO速 Cheryl Miller, CPM速 - President 5001 California Avenue, Suite 100 Bakersfield, CA 93309-1607 (661) 323-7830 cmiller@stockdalepropertymanagementinc. com Specializing in property management for office buildings, shopping centers and light industrial.

Specializing in title and escrow services for new homebuilders and developers.

JACO OIL COMPANY Lee Jamieson P.O. Box 82515 Bakersfield, CA 93380-2515 (661) 393-7000 Specializing in convenience stores, and petroleum products.

Stephan DeBranch 2000 Oak Street, Suite 250 Bakersfield, CA 93301 (661) 323-4005 www.bolthouseproperties.com Specializing in diversified real estate development, as well as the management of office, retail, and industrial centers.

74

7540 Tracy Avenue Buttonwillow, CA 93206 (661) 764-5865 www.tracyranch.com Specializing in agriculture real estate.

Real Estate Residential COLDWELL BANKER, PREFERRED REALTORS速 Westwind Drive Office 1810 Westwind Drive Bakersfield, CA 93301 (661) 327-2121 Ming Avenue Office 9100 Ming Ave. #100

Real Estate Developers, Investors, Property Owners BOLTHOUSE DEVELOPMENT COMPANY, LLC

Mike Frey

Bakersfield, CA 93311 (661) 836-2345 Coffee Road Office 3820 Coffee Road, #1 ROLL REAL ESTATE DEVELOPMENT, LLC

Bakersfield, CA 93308

Jason Gremillion

(661) 616-3600

4805 Centennial Plaza, Suite 100

www.cbbakersfield.com

Bakersfield, CA 93312

Specializing in 30 years of local real estate experience.

(661) 829-8102 (661) 369-5176 Specializing in Industrial Development.

2015 Kern County Market Overview & Investor Directory


Categorical

Real Estate Residential / Commercial BAKERSFIELD ASSOCIATION OF REALTORS速

Technology Solutions FORMFORCE, INC.

TICOR TITLE COMPANY

Brooke Antonioni

Joe Armas

8503 Crippen Street

10000 Stockdale Highway, Suite 101

Bakersfield, CA 933011

Bakersfield, CA 93311

(888) 440-3111

(661) 847-7000

www.fomforceinc.com

www.ticortitle.com

Specializing in real estate trade association.

Specializing in hardware and software technology solutions aimed at high compliance industries.

Specializing in residential, refinance, commercial and agriculture real estate transactions.

Retail

Telecommunications

Transportation

WAL-MART STORES, INC.

AT&T

BNSF RAILWAY

Philip Serghini

Mike Silacci

Hector Garcia

7710 Hazard Center Drive, Suite E

1150 S. Olive Avenue, Room 2803

740 E. Carnegie Drive

San Diego, CA 92108

Los Angeles, CA 90015

San Bernardino, CA 92408

(619) 688-3083

(213) 743-7010

(909) 386-4020

www.walmart.com

www.att.com

www.BNSF.com

Specializing in one-stop shopping and helping people save money so they can live better.

Specializing in communication services, including wireless, high speed Internet access, home entertainment/digital television, residential and business phone service.

Specializing in railway transportation.

Linda Jay 2300 Bahamas Drive Bakersfield, CA 93309 (661) 635-2300 www.bakersfieldrealtor.com

Security Systems / Services

GOLDEN EMPIRE TRANSIT DISTRICT BRIGHT HOUSE NETWORKS

Karen King

Danielle Wade

1830 Golden State Avenue

4450 California Avenue, Suite A

Bakersfield, CA 93301

TEL-TEC SECURITY SYSTEMS, INC.

Bakersfield, CA 93309

(661) 324-9874

Morgan Clayton

(661) 634-2204

www.getbus.org

5020 Lisa Marie Court

www.brighthouse.com

Specializing in public transportation utilizing compressed natural gas vehicles for clean air.

Bakersfield, CA 93313 (661) 397-5511 www.tel-tec.com Specializing in burglary, fire, access control and camera systems.

TRANS-WEST TRANS-WEST SECURITY SERVICES, INC. TRANS-WEST SERVICES, INC. TRANS-WEST SPECIAL SERVICES, INC. Brooke Antonioni 8503 Crippen Street Bakersfield, CA 93311 (661) 834-0711

Specializing in residential and business cable television, high speed internet and phone.

Title / Escrow Companies CHICAGO TITLE COMPANY Gary Hallstrom 4015 Coffee Road, Suite 100 Bakersfield, CA 93308-5024 (661) 410-4700

Travel Agencies UNIGLOBE GOLDEN EMPIRE TRAVEL Ray W. Watson, Jr. 1820 Chester Avenue Bakersfield, CA 93301 (661) 323-1213 www.uget.com Specializing in corporate travel, meetings and incentives, and vacations.

www.chicagotitle.com Specializing in residential, refinance, commercial, ag, oil and gas real estate transactions.

www.trans-west.net Specializing in private security, armed /special details, and janitorial/maintenance service.

2015 Kern County Market Overview & Investor Directory

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Investor List

Utility Companies PACIFIC GAS & ELECTRIC COMPANY

B&B SURPLUS, INC.

UNITED STATES COLD STORAGE

Terry Scott

Michael Georgino

Randy Dorrell

1918 H Street

7020 Rosedale Highway

6501 District Boulevard

Bakersfield, CA 93301

Bakersfield, CA 93308

Bakersfield, CA 93313

(661) 321-4468

(661) 589-0381

(661) 832-COLD

www.pge.com

Specializing in steel and pipe warehouse and distribution.

www.uscoldstorage.com

Specializing in gas and electric services along with energy efficiency.

SOUTHERN CALIFORNIA EDISON Deborah Hess, Regional Manager P.O. Box 7329 Mammoth Lakes, CA 93546 (760) 924-4811 Deborah.Hess@sce.com

Specializing in cold storage.

DOLLAR GENERAL Matt Lucas Lebec, CA 93243

CLEAN HARBORS BUTTONWILLOW, LLC

(661) 664-2251

Marianna Buoni

www.dollargeneral.com

P.O. Box 787

Specializing in providing top quality brands and being the largest small-box discount retailer.

www.sce.com SOUTHERN CALIFORNIA EDISON ECONOMIC DEVELOPMENT SERVICES

Jim Cavezza

Laurel Shockley

Lebec, CA 93243

25625 W. Rye Canyon

(661) 858-0345

Valencia, CA 93155

www.ikea.com

(661) 257-8217

Specializing in logistics.

4104 Industrial Parkway

Laurel.shockley@sce.com JIM’S SUPPLY COMPANY, INC. Daron Hobson SOUTHERN CALIFORNIA GAS COMPANY

3530 Buck Owens Boulevard

Rob Duchow

Bakersfield, CA 93308

3701 Pegasus, Suite 114

(800) 423-8016

Bakersfield, CA 93308-2559

www.jimssupply.com

(661) 393-1501

Specializing in steel vineyard and livestock products.

www.socalgas.com

Warehouse / Distribution ADVANCE BEVERAGE COMPANY, INC. Bill Lazzerini

Buttonwillow, CA 93206 (661) 762-6236 buoni.marianna@cleanharbors.com

IKEA

www.sce.com/ebd

Waste Processing

4193 Industrial Parkway Drive

www.cleanharbors.com Specializing in hazardous and non-hazardous waste treatment, storage and disposal.

KNIGHT’S PUMPING AND PORTABLE SERVICES, INC. Maureen Napier P. O. Box 41657 Bakersfield, CA 93384 (661) 397-4116 www.knightsservices.com Specializing in portable restrooms, executive restroom trailers, temporary fence, temporary power, holding tanks, water tanks, septic tanks, and grease tanks.

WESTSIDE WASTE MANAGEMENT COMPANY, INC. Bob Hampton

TARGET CORPORATION DISTRIBUTION CENTER T-593 Jason Bell 3880 Zachary Avenue Shafter, CA 93263 (661) 396-6054

274 East Cedar P.O. Box 104 Taft, CA 93268 (661) 763-5135 Specializing in solid waste collection, recycling collection and recycling.

Specializing in distribution.

5200 District Boulevard Bakersfield, CA 93313 (661) 833-3783 Specializing in beer distribution including Budweiser and Bud Light.

76

2015 Kern County Market Overview & Investor Directory


Alphabetical

KERN EDC INVESTOR LIST #

B

8MINUTENERGY RENEWABLES Energy Producers - Oil, Gas, Cogeneration, Wind and Solar

B&B SURPLUS, INC.

BILL WRIGHT TOYOTA

Warehouse / Distribution

Automobile Dealers

A

BHE RENEWABLES, LLC

BNSF RAILWAY

Energy Producers - Oil, Gas, Cogeneration, Wind and Solar

Transportation

A-C ELECTRIC COMPANY Contractors - Electrical ADVANCE BEVERAGE COMPANY, INC.

Energy Producers - Oil, Gas, Cogeneration, Wind and Solar

BAKERSFIELD ASSOCIATION OF REALTORS Real Estate – Residential/ Commercial

Entertainment

ALON USA ENERGY, INC. / PARAMOUNT PETROLEUM CORPORATION

Healthcare Providers

Energy Producers - Oil, Gas, Cogeneration, Wind and Solar

BAKERSFIELD MARRIOTT AT THE CONVENTION CENTER Hotels

Partners ANTELOPE VALLEY BOARD OF TRADE Partners

BANK OF THE SIERRA Banks / Credit Unions / Financial Institutions BARBICH HOOPER KING DILL HOFFMAN Accounting Firms

Engineering Firms

Real Estate - Developers, Investors, Property Owners

Telecommunications BROCK REALTY ADVISORS Real Estate - Commercial

CARNEY’S BUSINESS TECHNOLOGY CENTER Computer / Internet Services CASTLE & COOKE CALIFORNIA, INC. Real Estate - Developers, Investors, Property Owners

BRUMFIELD & HAGAN, LLP

CBCC - COMPREHENSIVE BLOOD & CANCER CENTER

Attorneys

Healthcare Providers

BSK ASSOCIATES ENGINEERS & LABORATORIES

CENTRAL VALLEY FUND Financial Services

Engineering Firms CHEVRON BUILDING AND CONSTRUCTION TRADES COUNCIL

Energy Producers - Oil, Gas, Cogeneration, Wind and Solar

Labor CHICAGO TITLE COMPANY BUSINESS INITIATIVES

Title / Escrow Companies CITY OF BAKERSFIELD

BARC, INC. Non - Profit Organizations

AUTOMATED CONTROL & TECHNICAL SERVICES

BOLTHOUSE DEVELOPMENT COMPANY, LLC

Business Consulting

AT&T Telecommunications

CANNON Engineering Firms

BRIGHT HOUSE NETWORKS BAKERSFIELD CONDORS PROFESSIONAL HOCKEY

BAKERSFIELD HEART HOSPITAL

AMERICA’S JOB CENTER OF CALIFORNIA

CALIFORNIA STATE UNIVERSITY, BAKERSFIELD Education

Warehouse / Distribution AERA ENERGY LLC

BY NAME

BUSTOS INSURANCE AGENCY Insurance

BAYMARR CONSTRUCTORS, INC. Construction BERKADIA REAL ESTATE ADVISORS Real Estate – Commercial

C CALIFORNIA RESOURCES CORPORATION, LLC Energy Producers - Oil, Gas, Cogeneration, Wind and Solar

2015 Kern County Market Overview & Investor Directory

Government Agencies - City / County CITY OF CALIFORNIA CITY Government Agencies - City / County CITY OF McFARLAND Government Agencies - City / County

77


Investor List

CITY OF SHAFTER Government Agencies - City / County

D

F

DANIELLS PHILLIPS VAUGHAN & BOCK

FARM CREDIT WEST Banks / Credit Unions / Financial Institutions

Accounting Firms

CITY OF TAFT

DESIGN MARK & ASSOCIATES

Government Agencies - City / County

Advertising Agencies DEWALT CORPORATION

CITY OF TEHACHAPI Government Agencies - City / County CITY OF WASCO Government Agencies - City / County CLEAN HARBORS BUTTONWILLOW, LLC

Engineering Firms

FIRST AMERICAN TITLE HOMEBUILDER SERVICES Real Estate - Developers, Investors, Property Owners FIRST SOLAR

DIGNITY HEALTH BAKERSFIELD, BAKERSFIELD MEMORIAL HOSPITAL & MERCY HOSPITAL Healthcare Providers

Energy Producers - Oil, Gas, Cogeneration, Wind and Solar

GOLDEN QUEEN MINING COMPANY, LTD. Mineral Mining GOODWILL INDUSTRIES OF SOUTH CENTRAL CALIFORNIA Non - Profit Organizations GRANITE CONSTRUCTION COMPANY Construction

FIRST SOLUTIONS INSURANCE SERVICES

GREATER BAKERSFIELD CHAMBER OF COMMERCE

Insurance

Chambers of Commerce

FORMFORCE, INC.

GRIFFITH COMPANY

Technology Solutions

Contractors – General

FRITO-LAY

GRIMMWAY FARMS

Agriculture / Food Processing

Agriculture / Food Processing

DOLLAR GENERAL Warehouse / Distribution

Waste Processing DOUBLETREE BY HILTON COLDWELL BANKER Preferred Realtors, Real Estate – Residential COLLIERS INTERNATIONAL

Bakersfield, Hotels DOWLING AARON INCORPORATED

G

Attorneys

Real Estate – Commercial COUNTY OF KERN Government Agencies - City / County COURTYARD & SPRINGHILL SUITES BY MARRIOTT Hotels

CREATIVE CONCEPTS Promotional Products CUSHMAN & WAKEFIELD / PACIFIC COMMERCIAL REALTY ADVISORS Real Estate – Commercial

GEMCARE MEDICAL GROUP

GUINN CONSTRUCTION COMPANY Construction

E

Healthcare Providers

E&B NATURAL RESOURCES MANAGEMENT

GEMCARE MERCY MEMORIAL HEALTH SYSTEMS

H.M. HOLLOWAY, INC.

Energy Producers - Oil, Gas, Cogeneration, Wind and Solar

Healthcare Providers

Mineral Mining

GENE TACKETT CONSULTING

HEART OF NATURE

Business Consulting

Mineral Mining

GESTMAP SOLAR

HEISE MEDIA GROUP

Energy Producers - Oil, Gas, Cogeneration, Wind and Solar

Advertising Agencies

EDF RENEWABLE ENERGY Energy Producers - Oil, Gas, Cogeneration, Wind and Solar EDP RENEWABLES NORTH AMERICA, LLC Energy Producers - Oil, Gas, Cogeneration, Wind and Solar ELECTRICAL SYSTEMS V& INSTRUMENTATION, INC. Contractors – Electrical EMEDIA

GIUMARRA VINEYARDS CORPORATION

H

HOMEWOOD SUITES BY HILTON BAKERSFIELD Hotels

Agriculture / Food Processing GOLDEN EMPIRE TRANSIT DISTRICT

HOUCHIN COMMUNITY BLOOD BANK Healthcare Providers

Transportation

Advertising Agencies

78

2015 Kern County Market Overview & Investor Directory


Alphabetical

HYDROGEN ENERGY CALIFORNIA BY SCS ENERGY

KERN COUNTY TAXPAYERS ASSOCIATION

Energy Producers - Oil, Gas, Cogeneration, Wind and Solar

Partners

Energy Producers - Oil, Gas, Cogeneration, Wind and Solar

I

KERN HIGH SCHOOL DISTRICT

McINTOSH & ASSOCIATES

Partners

Engineering Firms

Warehouse / Distribution

KERN SCHOOLS FEDERAL CREDIT UNION

MERRILL LYNCH WEALTH MANAGEMENT

J

Banks / Credit Unions / Financial Institutions

Banks / Credit Unions / Financial Institutions

JP MORGAN CHASE

KLASSEN CORPORATION

Banks / Credit Unions / Financial Institutions

Architecture Firms

MID STATE DEVELOPMENT CORPORATION

JACO OIL COMPANY

KLEIN, DENATALE, GOLDNER, COOPER, ROSENLIEB & KIMBALL, LLP

IKEA

Real Estate - Developers, Investors, Property Owners JIM BURKE FORD Automobile Dealers

Attorneys KNIGHT’S PUMPING AND PORTABLE SERVICES, INC. Waste Processing

JIM’S SUPPLY COMPANY, INC. Warehouse / Distribution

KRAZAN & ASSOCIATES Engineering Firms

K Architecture Firms

Healthcare Providers

L KAPLAN COLLEGE Education KERN COMMUNITY COLLEGE DISTRICT, BAKERSFIELD COLLEGE, CERRO COSO COLLEGE & PORTERVILLE COLLEGE Education KERN COUNTY BOARD OF TRADE Partners KERN COUNTY SUPERINTENDENT OF SCHOOLS

Banks / Credit Unions / Financial Institutions

O O’DELL CROSS CPA Accounting Firms OLIVIERI COMMERCIAL GROUP, INC. Real Estate – Commercial ORDIZ-MELBY ARCHITECTS, INC. Architecture Firms

P PACIFIC GAS & ELECTRIC COMPANY

MORENO STRUCTURAL ENGINNERING

Utility Companies

Engineering Firms

PAC-VAN, INC.

MOTOR CITY LEXUS-BUICK/ GMC

Construction

Automobile Dealers MOJAVE AIR AND SPACE PORT

PCL INDUSTRIAL SERVICES, INC. Contractors - Steel Fabricators

Airports PIONEER GREEN ENERGY, LLC

KSA GROUP ARCHITECTS KAISER PERMANENTE

MARICOPA SUN, LLC

LARRY PICKETT/ PUBLIC RELATIONS Public Relations

M MAAS COMPANIES, INC. Construction MACPHERSON ENERGY COMPANY Energy Producers - Oil, Gas, Cogeneration, Wind and Solar

MUTH PUMP, LLC Energy Producers - Oil, Gas, Cogeneration, Wind and Solar

N

Energy Producers - Oil, Gas, Cogeneration, Wind and Solar PROFORMA SOLUTIONS Advertising Agencies & Promotional Products

NAI CENTRAL CALIFORNIA Real Estate - Commercial

PROVIDENCE STRATEGIC CONSULTING, INC.

NATIONAL CEMENT COMPANY OF CALIFORNIA, INC.

Business Consulting

Mineral Mining

PROVOST & PRITCHARD CONSULTING GROUP, INC.

NEWMARK GRUBB ASU & ASSOCIATES

Engineering Firms

Real Estate – Commercial NYFOTOGRAPHY AND KISS ME PHOTO BOOTH Entertainment

Education

2015 Kern County Market Overview & Investor Directory

79


Investor List

Q QUAD KNOPF, INC.

SEMPRA U.S. GAS & POWER

SUPERIOR CONSTRUCTION

Engineering Firms

Energy Producers - Oil, Gas, Cogeneration, Wind and Solar

Construction - General

R RABOBANK Banks / Credit Unions / Financial Institutions RECURRENT ENERGY Energy Producers - Oil, Gas, Cogeneration, Wind and Solar REYNEVELD CONSTRUCTION Mineral Mining

SIDLES DUNCAN & ASSOCIATES, A HUB, INTERNATIONAL COMPANY

T

SIERRA PRINTERS Printing / Digital / Direct Mail Services SOUTH VALLEY ELECTRICAL CONTRACTORS, INC.

TARGET CORPORATION DISTRIBUTION CENTER T-593 Warehouse / Distribution TEJON INDIAN TRIBE

Mineral Mining RITCHIE REALTY ADVISORS

SOUTHERN CALIFORNIA EDISON ECONOMIC DEVELOPMENT SERVICES Utility Companies SOUTHERN CALIFORNIA EDISON

Real Estate - Developers, Investors, Property Owners ROSAMOND COMMUNITY SERVICE DISTRICT Government Agencies - City / County

Utility Companies

STATE FARM INSURANCE

UNIGLOBE GOLDEN EMPIRE TRAVEL

Security Systems / Services

Travel Agencies

TETER

UNITED STATES COLD STORAGE

Kern Business Journal & Bakersfield Life Magazine, Media

Insurance

Office Furnishings, Equipment and Supplies

Contractors – General SABA AGENCY

STOCKDALE PROPERTY MANAGEMENT, INC. AMO®

Advertising Agencies

Real Estate – Commercial

SAN JOAQUIN COMMUNITY HOSPITAL

SUN EDISON

Energy Producers - Oil, Gas, Cogeneration, Wind and Solar

UNIVERSITY OF LA VERNE Kern County Campus, Education US HEALTHWORKS MEDICAL GROUP

Corporate Meeting Space

Healthcare Providers

THE MARCOM GROUP INCORPORATED Advertising Agencies TICOR TITLE COMPANY

TOWERY HOMES DBA TOWERY COMMERCIAL

V VALLEY REPUBLIC BANK Banks / Credit Unions / Financial Institutions VOLT WORKFORCE SOLUTIONS Employment / Training / Recruitment Services

Home Builders

VULCAN MATERIALS COMPANY

TRACY RANCH, INC.

Mineral Mining

SEI - SOILS ENGINEERING, INC. SUNPOWER CORPORATION

Warehouse / Distribution

THE LODGE AT PAINTED ROCK

Title / Escrow Companies Energy Producers - Oil, Gas, Cogeneration, Wind and Solar

Construction

TEL-TEC SECURITY SYSTEMS, INC.

THE BAKERSFIELD CALIFORNIAN

Utility Companies

S.C. ANDERSON, INC.

80

Banks / Credit Unions / Financial Institutions

U

Architecture Firms

STINSON STATIONERS

Engineering Firms

TRI COUNTIES BANK

Real Estate - Developers, Investors, Property Owners

SOUTHERN CALIFORNIA GAS COMPANY

S

Healthcare Providers

Printing / Digital / Direct Mail Services

TURMAN CONSTRUCTION

Contractors – Electrical

Real Estate – Commercial ROLL REAL ESTATE DEVELOPMENT, LLC

TREK IMAGING

Indian Tribal Nations TEJON RANCH COMPANY

RIO TINTO MINERALS

Security Systems / Services

TAFT COLLEGE Education

Insurance

TRANS-WEST, TRANS-WEST SECURITY SERVICES, INC., TRANS-WEST SERVICES, INC. & TRANS-WEST SPECIAL SERVICES, INC.

Real Estate - Developers, Investors, Property Owners

2015 Kern County Market Overview & Investor Directory


Alphabetical

Great Communities Healthy Environments By Design

W

Effective Solutions for Today’s Challenges

WAL-MART STORES, INC. Retail

Civil & Traffic Engineering

WALLACE & SMITH CONTRACTORS

Environmental Compliance

Contractors – General

Land Surveying & GIS Land Use Planning

WELLS FARGO BANK

Biological Resources

Banks / Credit Unions / Financial Institutions

Construction Management Labor Compliance

WESTERN STATES PETROLEUM ASSOCIATION

Landscape Architecture

Energy Producers - Oil, Gas, Cogeneration, Wind and Solar

Utility Coordination

WESTSIDE WASTE MANAGEMENT COMPANY, INC.

Bakersfield Merced

Waste Processing Certified

WILLIS DESIGN STUDIO

SBe

Small Business enterprise

Fresno

Visalia

Roseville

Denver

Ph: 800.955.7599 www.quadknopf.com

Advertising Agencies WORKLOGIC HR LEGAL SOLUTIONS Employment / Training / Recruitment Services WZI, INC. Engineering Firms

Y YANKEE COMMUNICATIONS Business Consulting

2015 Kern County Market Overview & Investor Directory

81


Serving Kern County for Over 55 Years! Authorized Dealer of

Round Pens

Wire Coils

Wood Posts

Used Pipe

Structural Tubing

T-Posts & Stakes

Ag Fencing

Steel Service Center | Vineyard & Orchard Trellising Supplies | New & Used Pipe Livestock Equipment | Agricultural & Iron Fencing Wholesale & Retail

661.324.6514 | www.JimsSupply.com 3530 Buck Owens Blvd., Bakersfield

82

2015 Kern County Market Overview & Investor Directory



Take a Closer Look

Kern County Put your business within a 4-hour drive of 38 million consumers! KERN'S BUSINESS ADVANTAGE: ■ Short permit process, measured in days or weeks rather than months or years ■ Strategic location on two major north/south routes, Interstate 5 and State Hwy 99 ■ Business friendly, where cost of doing business is 94% of the U.S. average ■ Affordable & productive workforce ready to help your business thrive

KERN ECONOMIC DEVELOPMENT CORPORATION To learn more, visit kedc.com or call (661) 862-5150


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