Business & IndustryOxnard is an attractive
area on the central coast for the industrial and commercial development
sector. Retail trade, real estate, manufacturing and industry play a
primary role in the regional growth of the Oxnard plain. One of the most
important sources of local economic impact is the Oxnard Harbor
District, created in 1937 with the mission of managing and developing
the commercial deepwater Port of Hueneme. As one of Ventura County’s
premier economic engines, the Port’s $7.5 billion dollar activity
sustains more than 4,500 direct and indirect jobs annually.
The Naval Base Ventura County is also one of the
largest sources of jobs in the community with over 19,000 employees,
followed by Boskovich Farms Inc. with 1,800 employees, Oxnard Union High School District with 1,500;
St. John's Regional Medical Center with 1,280 and the City
of Oxnard municipal government with just under 1,000 employees. Two of the major
manufacturers in the community are HAAS Automation and Procter & Gamble.
Oxnard has Ventura County's largest industrial
sector, as measured by industrial square footage, and it contains the
only high-rise Class A office complex in Ventura County. Oxnard's 2009
Gross City Product is projected to be approximately $9.5 billion. Growth in the Gross
City Product is a healthy 6.5 percent real gain from 2006 and is 2.3
percentage points higher than the County. Oxnard is experiencing growth from a number of
important factors including strong population growth, continuing
migration from the south coast of Santa Barbara, and an on-going
expansion in real estate development.
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