The Inland Empire absorbed close to five million square feet industrial space in the fourth quarter of 2017, as its overall vacancy rate fell to 3.7 percent, according to a report. An estimated 23 million square feet of industrial space was under construction during the last three months of last …
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In February 2016, Pomona businessman Glenn Todd announced he was starting EZER, which uses private drivers to haul goods instead of people. At the time, Todd predicted his fledgling company – which he based on UBER – would turn its first profit in 2018. Todd spoke with IE Business Daily about …
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California’s economy finished 2017 on a major upswing. The state added 52,700 jobs last month as its unemployment rate fell to 4.3 percent, according to data released Friday by the state Employment Development Department. California has now added jobs for four consecutive months, and more than 2.7 million jobs since …
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A homebuilder has purchased vacant land in Chino, where it will develop a residential community. Century Communities in Rosemead bought the 122-lot infill parcel between Fern Avenue and Interstate 83 for an undisclosed sum, said Les Whittlesey, founding partner with WD Land in Irvine. The seller was Stratham Investments. WD …
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Vernice Armour, the first African American female combat pilot in the history of the United States, will be the featured speaker at Ontario’s 2018 State of the City event. Armour, nicknamed “FlyGirl,” will speak to the assembly of business and community leaders about making bold decisions that will help improve …
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Riverside City Manager John A. Russo has been named Public Partner of the Year by the Inland Empire Economic Partnership. Russo, Riverside’s city manager since May 2015, oversees a workforce of more than 2,400 people, according to a statement. He was recognized Wednesday evening during the organization’s annual dinner and …
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IE Business Daily Business news for the Inland Empire.
