Moreno Valley has emerged as a dynamic center for business and employment, thanks to its strategic location and supportive economic policies. Situated at the crossroads of Interstate 215 and State Route 60, the city offers unparalleled access to major markets across Southern California and beyond.
Strategic Location and Infrastructure
Moreno Valley’s prime position provides businesses with efficient transportation options, including proximity to major highways, airports, and ports. This accessibility has been a key factor in attracting a diverse range of industries to the area.
Pro-Business Environment
The city’s Economic Development Department actively fosters a pro-business climate by offering competitive incentives such as utility rate reductions, hiring and workforce development services, and Foreign Trade Zone duty exemptions. These initiatives have been instrumental in drawing both Fortune 500 companies and small businesses to Moreno Valley.
Job Creation and Economic Impact
Over the past decade, Moreno Valley has experienced remarkable job growth. According to a report from the UC Riverside School of Business Center for Economic Forecasting and Development, the city created nearly 30,000 new jobs in ten years, with a significant portion in the logistics, transportation, and utilities sectors. This growth has not only provided employment opportunities for residents but has also contributed to the city’s economic resilience.
Support for Small Businesses
In addition to attracting large corporations, Moreno Valley places a strong emphasis on supporting small businesses. Community-driven initiatives encourage residents to shop locally, boosting foot traffic and raising awareness about locally owned establishments. Programs like “Shop MoVal” aim to strengthen the local economy by promoting small business engagement.
Looking Ahead
With its strategic advantages and commitment to economic development, Moreno Valley continues to position itself as an ideal destination for businesses seeking growth and success. The city’s ongoing efforts to enhance infrastructure, provide business incentives, and support local enterprises ensure a thriving economic future for the community.