Business

The Moreno Valley Planning Commission has approved a mega-logistics project that its developer says will bring 20,000 jobs to the city. In a 6-1 vote, the panel Tuesday gave World Logistics Center a solid endorsement, acknowledging its flaws but ultimately deciding that its long-term economic benefits outweigh any environmental concerns, …

The recession is more or less over, according to a middle-of-the-year review of the Inland industrial market. Things are likely to get better, with more activity and job growth on the horizon. And many brokers are watching a certain mega-industrial project proposed for Moreno Valley. The industrial real estate brokers …

The debate over a proposed mega-industrial project in Moreno Valley continued Thursday, with supporters and opponents engaging in a sometimes heated exchange before the city’s planning commission. This was the second time the commission has heard debate on World Logistics Center, a logistics development large enough to cover 700 football …

A Redlands company has received $2 million in state tax credits that it will use to expand its facilities and hire new workers. ESRI, a world leader in geographic information systems and mapping software, will receive the money through the California Competes Tax Credits program, said Mike Nelson, Redlands’ economic …

There’s every reason to believe the season will be a good one, but some local park officials are being cautious for now. One wild card is the rising price of gas. For the local theme park industry, the recession might not quite be over. Yes, the economy is in far …

At least this week, Moreno Valley is about more than warehouse-distribution facilities. City officials announced Tuesday that an agreement had been reached that will bring an automotive manufacturing facility to the city. Fisker Automotive and Technology Group will lease a new 555,670-square-foot industrial building at 17100 Perris Blvd. in the …