Economic Development and

Site Selection News From TeamCalifornia

February 2024

Members In The News

City of Fresno and Fresno County

Semiconductor Maker Relocating To Fresno, Bringing 500 J0bs, $21M In Investment

A Wyoming-based corporation has received a $15 million state grant to relocate its headquarters to Fresno, where it plans to manufacture semiconductors and energy storage systems.

Tynergy plans to offer starting salaries of $70,000 per year, complementary training programs and a “robust” benefits package, including childcare services for all employees.

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Tulare County RMA and Tulare County EDC

CapRock Breaks Ground on Visalia Location

CapRock Partners announced their groundbreaking of Building I, a 1.27-million-square-foot industrial warehouse development that will provide hundreds of jobs once it finishes construction in the third quarter of 2024.

The construction of this facility is part of CapRock’s Central Point masterplan, which upon completion will total up to 5-million-square-feet of logistical distribution space to lease to various companies likely to fall under the “Fortune 100 banner;” such as companies like, or akin to, Amazon or UPS.

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City of Merced

City of Merced Breaks Ground on $17 Million Merced Yosemite Regional Airport Terminal Replacement Project

Deputy City Manager, Frank Quintero expressed his enthusiasm for the $17 million project, stating, “Merced Yosemite Regional Airport is our city’s underutilized gem, and this transformative project represents a crucial investment in its future."

The Terminal Replacement Project is designed to address the need for modernization to meet current and future demands by introducing an energy-efficient and sustainable facility. The project includes updates to the existing 5,000 square foot, 1940s-era terminal, which lacks sufficient office space, offers limited room for TSA checkpoint screening, and provides inadequate passenger holding space.

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Photo Courtesy of Element Resources

Antelope Valley Edge - AV EDGE

Antelope Valley City to be

First Hydrogen-Powered City in the US

Lancaster Energy’s Journey Toward

the Hydrogen Frontier

Inside of Antelope Valley, Lancaster was the first City in the United States to embrace hydrogen power, and in 2019, it became the world's first “Net Zero” energy City. Lancaster now generates more clean energy than it consumes, and the City’s community choice aggregation (CCA) program, Lancaster Energy (LE), serves as a pioneer in accelerating the adoption of alternative energy sources, particularly hydrogen.

“We are proud of Lancaster Energy for its innovation in the hydrogen space,” said CalChoice Executive Director Jason Caudle. “Their shift to pursuing hydrogen energy highlights their adaptability to a changing environment and dedication to building a sustainable future for their community. LE’s efforts and success in executing various hydrogen projects will likely inspire other CCAs to do the same.”

In the News: Green Hydrogen Plant to Be Among The Largest

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Go-Biz and State Opportunities

Apply for the Export Voucher Program

GO-Biz is excited to announce that the second round of applications for the Export Voucher program under the California STEP Grant is officially open! California small businesses are invited to submit their applications for export promotion activities before the application deadline of February 4, 2024. Companies are invited to submit applications for export voucher-eligible activities that are set to take place between January 1 and March 31, 2024. GO-Biz is hosting an informative training session for interested businesses on

$30M Grant for Charging Infrastructure for Government Fleets

The California Energy Commission (CEC) recently released a Grant Funding Opportunity (GFO), which aims to support the electrification of light-duty city, county, and tribal government fleets in California. Applicants can receive up to $6 million to build reliable and readily accessible electric vehicle charging infrastructure dedicated to these fleets. This program aims to support local government goals of sustainability and climate action plans and reduce vehicle emissions in priority populations.

The GFO is open to all public and private entities, including California Native American Tribes and California Tribal Organizations serving California Native American Tribes. Ineligible applicants include investor-owned utilities.

Deadline: April 5th at 11:59 pm (PT)

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Members Industry Spotlight:

Preparing An Educated Future Workforce

City of Moreno Valley

Moreno Valley puts youth on the path to career success

The city of Moreno Valley created something remarkable: a low-cost program that boosts GPAs and wages. Working with Moreno Valley College, the city established an initiative that helps young people complete their education, overcome the “earn vs. learn” dilemma, and enter the local workforce — for just $150,000 and staff time each year.

College Promise serves as a bridge for high school students transitioning to college life by offering funding for initial expenses, such as tuition, fees, and textbooks. The program also provides access to counselors and student support services for at-risk students, many of whom are the first in their families to attend college.

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