Letter from the President

Through the efforts of the Greater Antelope Valley Economic Alliance, companies are discovering the advantages to be found in doing business in Southern California's most hospitable climate for growth.

Firms locating in this big region find not only stable and friendly local government, but also communities offering big city amenities in a small town atmosphere.

Factors contributing to business success in the Greater Antelope Valley include:

· Plentiful land for industry growth, with the largest inventory of developable manufacturing sites in the region.

· Southern California's most affordable and diverse inventory of single family residences, with choices ranging from new tract homes at under $100,00, to estate rancho homes at prices up to $1 million.

· A large, available labor force with a strong work ethic supported by
community-based job training geared to the real world needs of employers.

· Strategic location adjacent to the largest consumer market on the West Coast and also easily accessible by rail and fast freeways to California's Central Valley and the San Francisco Bay area.

· Lower cost of living than in the metropolitan area.

The Greater Antelope Valley, encompasses Northern Los Angeles and Southeastern Kern Counties, is larger that the state of Connecticut, and is as diverse as several other states in resources, topography and microclimates.

Although world-famous as the nation's center of cutting-edge aerospace research
and development, the Greater Antelope Valley is also home to a growing list of diversified companies involved in manufacturing, communications, back office support, transportation and warehousing and distribution.

We are here to help industry become more successful. Call us.

Larry Grooms

President & CEO

Greater Antelope Valley Economic Alliance

42060 Tenth Street West
Lancaster, CA 93534

661 945-2741 800 888-7483

Fax 661 945-7711

E-mail to:gavea@hughes.net

www.aveconomy.org

Greater Antelope Valley Economic Alliance

1 (800) 888-7483

Industry Roundtable Report

FIRST HALF 2000

You can reach us at:

Antelope Valley

The Industry Roundtable Report

This third Industry Roundtable Report, from the Greater Antelope Valley Economic Alliance, is intended to provide an economic overview specific to the regional marketplace.

Unlike other reports, which follow political boundaries or cover entire counties, the Industry Roundtable focuses exclusively on the Greater Antelope Valley. The report presents developments having the most direct bearing on the region's economic and social well-being.

GAVEA intends to update this report annually to build upon the regionally-specific data and information base, and to provide the most current available material for business decision-makers.

The information presented here is

accurate and timely to the best knowledge of GAVEA, representing the most current data available at the deadlines for publication.

The Alliance exists to assure that our area maintains a well funded and sustained program to attract, retain and expand business opportunities to the greater Antelope Valley area.

Through marketing initiatives, research and reporting services, site surveys and workforce programs, the Alliance provides all those involved in economic development with a common set of tools with which they can promote the benifits of doing business in our area.

GAVEA PREMISE

GAVEA GOALS

1. To strengthen the community's

work in economic development.

2. To lead regional efforts to maximize resources, reducing duplication

of efforts, and leveraging assets.

3. To build a regionally-specific database that distinguishes our economic region.

4. To publish an annual Industry Roundtable Report providing

current and relevant economic

information to our business leaders and decision makers.

"Because our region's economic

prosperity is too important

to be left to chance."

Industry Roundtable Report

FIRST HALF 2000

Greater Antelope Valley Economic Alliance

1 (800) 888-7483