City of West Sacramento and Greater Sacramento Economic Council

GeminiBio opens new state of art biotech facilities in West Sacramento

•  This facility further enhances GeminiBio’s capabilities and ability to support the rapidly growing biotechnology industry, including cell and gene therapy markets. 

• GeminiBio’s new 32,000 square feet fully validated cGMP facility consists of segregated animal origin (AO) product ISO 7 manufacturing suites and segregated AO/ animal origin free (AOF) raw material and finished good warehousing.

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City of Shafter, Kern County, Wonderful Real Estate

Wonderful Real Estate Recently Broke Ground on 1.1 MSF Spec Industrial Development in Shafter, California

• The facility will be located at 5401 Express Ave. It will be the fifth speculative development delivered by WRE over the past five years..

•  This facility, in conjunction with the recently announced completion of GeminiBio’s large volume bioprocess liquid manufacturing facility, also located in West Sacramento, CA, further enhances GeminiBio’s capabilities and ability to support the rapidly growing biotechnology industry, including cell and gene therapy markets. 

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Moreno Valley

CapRock Partners Acquires 22-Acre Parcel Within North America’s Largest Planned Logistics Business Park

• CapRock Partners announced its acquisition of a 22.1-acre parcel within the World Logistics Center masterplan in Moreno Valley, California.



• This development is an approximate 500,000-square-foot new LEED-certified industrial warehouse for CapRock Global Logistics.

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Life Sciences in California

“California continues to be the leading innovation hub for the life science industry, and the 2023 Economic Impact Report provides key data on the impact it has on the state and regional economies.

When we create a business environment that encourages innovation, we unleash scientific creativity, leading to medical breakthroughs that will forever improve human health.

It’s clear the work the industry does every day has a significant impact on California, providing high-paying jobs directly and indirectly across the state.”

JOE PANETTA, PRESIDENT AND CEO, BIOCOM CALIFORNIA

 View The 2023 Life Science Economic Impact Report

California State Transportation Agency Awards $1.5 Billion In Funding to Build A

More Efficient Supply Chain

• CalSTA announced the award of more than $1.5 billion in funding as part of the state’s historic one-time program to build a more efficient, sustainable, and resilient supply chain. 



• CalSTA awarded $1.2 billion in Port and Freight Infrastructure Program grants to projects statewide that will make long-term upgrades to increase the capacity to move goods throughout the state’s global trade gateways while lessening environmental impacts on neighboring communities.

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Funding Breakdown

California Leads in

Foreign Direct Investment

According to the latest report by the U.S. Bureau of Economic Analysis, California has emerged as the frontrunner in attracting foreign investment, solidifying its position as an economic powerhouse.

With an impressive total of $29.0 billion in foreign direct investment in 2022, California takes the crown as the top recipient among all states in the United States

From Silicon Valley's tech giants to Hollywood's entertainment empire, the world recognizes the immense potential and endless possibilities within our state.

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Members on the Move

City of Antioch

Kwame P. Reed has been promoted to Acting City Manager

About Antioch

Greater Sacramento Economic Council

Troels Adrian has been promoted to Executive Vice President

Danea Thomas promoted to Director of Finance

Lucy Lu Roberts promoted to Director of Business Development

Hugo Fernandez Martinez promoted to Associate Creative Director

Shikha Bhurtel promoted to Senior Research Analyst

About GSEC

Meet TeamCalifornia At These Upcoming Events

IAMC Fall Forum

September 9 - 13, 2023

California Economic Summit

October 11- 13, 2023

ICSC@ Western

October 25-27, 2023