California Competes Tax Credit Awardee List
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California Competes Tax Credit Awardees from June 19, 2014 - November 12, 2019 Fiscal Year 2019-20 Tax Credit Agreements Name Primary Location(s) Industry Net Increase of Full-Time Employees Investments Amount of Tax Credit Date Agreement Approved Amount Recaptured Palmdale, Beale Air Force Base, Buellton, Helendale, Lockheed Martin Corporation* Aerospace Manufacturing 500 $150,000,000 $39,500,000 November 12, 2019 Santa Rosa, Valencia, and Vandenburg Air Force Base El Segundo, Edwards AFB, McClellan, Palmdale, San Northrop Grumman Systems Corporation Aircraft Manufacturing 1,001 $1,147,000,000 $30,000,000 November 12, 2019 Diego, and Woodland Hills Rocket Lab USA, Inc. Long Beach and Huntington Beach Aerospace Research and Development and Manufacturing 147 $25,355,360 $5,000,000 November 12, 2019 The Kroger Co. Unknown Online Order Fulfillment Warehouse and Distribution 243 $81,500,000 $3,300,000 November 12, 2019 United Technologies Corporation Carlsbad Aircraft Engine Manufacturing 60 $49,900,000 $2,250,000 November 12, 2019 Lakeshore Equipment Company Carson Educational Materials Manufacturing 91 $9,240,000 $2,000,000 November 12, 2019 CASS, Inc. Oakland Recycled Metal Processing 86 $15,200,000 $1,325,000 November 12, 2019 BioFuel North America LLC Stockton and Samoa Biomass Fuel Manufacturing 36 $24,412,906 $1,250,000 November 12, 2019 Systems Machine Automation Components Corp Carlsbad Robotics Design and Manufacturing 45 $6,500,000 $800,000 November 12, 2019 Kokatat, Inc. Arcata Apparel Design and Manufacturing 30 $2,050,000 $750,000 November 12, 2019 Flare Group* Banning Aircraft Parts Manufacturing 30 $5,400,000 $400,000 November 12, 2019 Way To Be Designs LLC* Atwater Apparel and Merchandise Manufacturing 10 $3,000,000 $250,000 November 12, 2019 SocialCom, Inc. Marina Del Rey Marketing and Advertising 31 $70,000 $240,000 November 12, 2019 OMNI Enclosures, Inc.* El Cajon Office Furniture and Lab Equipment Manufacturing 18 $1,900,000 $185,000 November 12, 2019 Total $87,250,000 Total Tax Credits after Adjusting for S-Corporation Law $88,741,667** * This company was given a priority for being located in a high unemployment area and/or high poverty area. AB 2900 (Committee on Jobs, Economic Development, and the Economy, Ch. 582, Stats. of 2016) amended California Revenue and Taxation Code sections 17059.2(c)(6)(G) and 23689(c)(6)(G) to expand the reporting requirements of the California Competes Tax Credit program effective January 1, 2017, to include this information. ** One-third of the California Competes Tax Credit may be utilized by an S-Corporation to offset the tax on net income at the S-Corporation level (R&TC §23803(a)(1)). The remaining two-thirds is disregarded and may not be used as a carryover for the S-Corporation (R&TC §23803(a)(2)(A)). However, the full amount of the California Competes Tax Credit is also passed through to the S-Corporation’s shareholders (R&TC §23803(a)(2)(F)). Fiscal Year 2018-19 Tax Credit Agreements Name Primary Location(s) Industry Net Increase of Full-Time Employees Investments Amount of Tax Credit Date Agreement Approved Amount Recaptured Palmdale, Beale Air Force Base, Buellton, Helendale, Lockheed Martin Corporation* Aircraft Development and Manufacturing 450 $100,000,000 $39,500,000 November 5, 2018 Santa Rosa, Valencia, and Vandenberg Air Force Base Samsara Networks, Inc. San Francisco Sensor Research and Development 2,098 $189,802,000 $20,000,000 June 13, 2019 Santa Fe Springs and Riverside County or San FN Logistics, Inc. Online Order Fulfillment Warehouse and Retail Distribution 3,039 $113,944,000 $13,000,000 June 13, 2019 Bernardino County Brex, Inc. San Francisco Financial Services 782 $20,147,900 $10,000,000 April 11, 2019 California Ethanol & Power LLC Brawley Ethanol / Biofuel Manufacturing 692 $589,330,000 $10,000,000 April 11, 2019 South San Francisco, Alameda, Fremont, Milpitas, and Allogene Therapeutics, Inc. Biotechnology Research and Development 256 $106,000,000 $9,000,000 November 5, 2018 Newark Cubic Corporation San Diego Software Development 300 $113,765,000 $8,500,000 April 11, 2019 Ancestry.com Operations, Inc. San Francisco Online Genealogy and DNA Services 281 $3,000,000 $5,000,000 April 11, 2019 SAFC Carlsbad, Inc. Carlsbad Biopharmaceutical R&D and Manufacturing 116 $91,040,001 $4,000,000 April 11, 2019 Uniformity Labs, Inc. Fremont, Hayward, and Unknown 3D Printing Materials Manufacturing 138 $47,132,000 $4,000,000 April 11, 2019 Foster Poultry Farms* Livingston Poultry Processing 7 $67,500,000 $3,200,000 November 5, 2018 SkySlope, Inc. Sacramento Software Development 230 $4,777,500 $3,000,000 November 5, 2018 Avexis, Inc. San Diego Biotechnology R&D 121 $30,000,000 $3,000,000 April 11, 2019 Glaukos Corporation Aliso Viejo and San Clemente Medical Device Manufacturing 191 $40,500,000 $3,000,000 April 11, 2019 Exelixis, Inc. Alameda Pharmaceutical Research and Development 283 $5,274,250 $3,000,000 June 13, 2019 Orora Packaging Solutions Buena Park and other locations statewide Corrugated Box Product Manufacturing 146 $64,000,000 $3,000,000 June 13, 2019 AssetMark Financial, Inc. Concord and Encino Software Development and Management Consulting Services 210 $19,079,000 $2,750,000 April 11, 2019 PrinterPrezz, Inc.* Fremont, Tracy, Patterson Medical Device Manufacturing 75 $121,235,500 $2,730,867 November 5, 2018 1661, Inc. Los Angeles Online Order Fulfillment Warehouse and Headquarters Expansion 298 $3,000,000 $2,728,005 June 13, 2019 Hi Tech Honeycomb, Inc. San Diego Aerospace Component Manufacturing 204 $5,000,900 $2,615,497 June 13, 2019 ePac Los Angeles LLC Riverside or Chino Food and Beverage Packaging Design and Manufacturing 73 $6,580,000 $2,300,000 April 11, 2019 Turner Techtronics, Inc. Burbank Information Technology Management Services 221 $1,600,000 $2,000,000 November 5, 2018 Bitchin, Inc. Carlsbad and Unknown Food Manufacturing 76 $372,000 $1,750,000 April 11, 2019 Sovereign Lending Group Incorporated Costa Mesa Consumer Lending 474 $1,355,000 $1,737,143 April 11, 2019 Digital Map Products, Inc. Irvine Mapping Software Development 83 $1,733,333 $1,690,000 November 5, 2018 Create Music Group, Inc. Los Angeles Digital Music Rights Services 235 $900,000 $1,500,000 June 13, 2019 Patagonia Works Ventura Clothing Manufacturing 100 $12,310,000 $1,480,000 November 5, 2018 1 of 17 Gyrfalcon Technology, Inc. Milpitas and Sunnyvale Artificial Intelligence Microprocessor Chip Design and Manufacturing 84 $11,205,000 $1,325,000 June 13, 2019 Nusano, Inc. Valencia Biotechnology Research, Development, and Manufacturing 49 $27,430,000 $1,279,405 June 13, 2019 Agoura Hills, Petaluma, and Sacramento or Placer Motor Vehicle Software Corporation Software Development 101 $7,025,000 $1,150,000 June 13, 2019 county Buck Design LLC Los Angeles Marketing and Advertising 145 $4,600,000 $1,100,000 November 5, 2018 Endless Entertainment, Inc., dba Endless Entertainment Group, Inc. Oakland, San Francisco, and Los Angeles Online Video Game and Animated Story Developer 77 $5,202,500 $1,060,800 November 5, 2018 Los Angeles and Riverside County or San Bernardino Vivotein LLC Animal Food Manufacturing 65 $17,378,000 $1,000,000 November 5, 2018 County Meals for All, Inc. Sacramento County Emergency Nutrition Program Services 32 $574,000 $1,000,000 April 11, 2019 Sovena USA, Inc. Modesto Food Manufacturing 27 $16,900,000 $1,000,000 April 11, 2019 Bombardier Mass Transit Corporation Pittsburg Light Rail Vehicle Manufacturing 115 $6,009,980 $1,000,000 June 13, 2019 Eddy Pump Corporation El Cajon Construction Equipment Manufacturing 30 $8,525,000 $900,000 April 11, 2019 Graham Packaging PET Technologies, Inc. Modesto Plastic Container Manufacturing 24 $9,281,211 $830,000 April 11, 2019 Star Manu LLC Riverside, San Bernardino, or San Diego county Cosmetics Manufacturing 93 $2,720,000 $830,000 April 11, 2019 KiwiCo, Inc. Mountain View and Lathrop Child Learning Product Manufacturing 107 $4,307,583 $825,000 November 5, 2018 Upwork, Inc. Bay Area Software Development 91 $3,950,000 $800,000 November 5, 2018 QC Manufacturing, Inc. Temecula Whole House Fan Manufacturing 100 $1,385,968 $750,000 April 11, 2019 O'Keeffe's, Inc. Merced Fire-Proof Glass and Building Material Manufacturing 20 $8,500,000 $750,000 June 13, 2019 Kingspan Insulated Panels, Inc. Modesto Metal Products Manufacturing 35 $17,100,000 $725,000 April 11, 2019 Lumitron Holdings, Inc. Irvine Medical Device Manufacturing 37 $6,700,000 $700,000 April 11, 2019 Anvil Cases, Inc. Covina Musical Instrument Case Manufacturing 22 $750,000 $700,000 June 13, 2019 Berber Food Manufacturing, Inc. Elk Grove and San Leandro Food Manufacturing 33 $26,942,561 $675,000 April 11, 2019 Sphere Alliance, Inc. Riverside or Banning Aerospace Component Manufacturing 73 $4,520,000 $600,000 April 11, 2019 Monarch Green, Inc. Santa Ana and Unknown Liquid Containment Products Manufacturing 35 $5,065,000 $589,628 April 11, 2019 Rastaclat LLC Lakewood Jewelry Manufacturing 25 $300,000 $525,000 April 11, 2019 I am Beyond LLC Culver City and Commerce Clothing Design and Manufacturing and Headquarters Expansion 26 $1,801,000 $525,000 June 13, 2019 Cloacina LLC Arroyo Grande Wastewater Treatment Equipment Manufacturing 20 $230,950 $500,000 April 11, 2019 Lynx Grills, Inc. Downey Barbecue Grill Manufacturing 46 $900,000 $500,000 April 11, 2019 George Fischer Corporation El Monte, Bakersfield, and Irvine Pipe Manufacturing 23 $15,000,000 $500,000 June 13, 2019 e.l.f Cosmetics, Inc. San Bernardino Cosmetics Manufacturing 24 $3,849,800 $471,025 June 13, 2019 Clerprem USA Corp. Sacramento Vehicle Seat Manufacturing 18 $380,000 $380,000 April 11, 2019 Universal Meditech, Inc.