Connect with us

Business

Statevolt Founder Announces Plans for $4B Gigafactory at IVEDC’s Lithium Valley Stakeholder Meeting

Published

on

Imperial Valley Economic Development Corporation (IVEDC) hosted a Lithium Valley  Stakeholder Meeting convening local government, education institutions, businesses, and residents to discuss the news of a supply chain partnership between Controlled Thermal Resources and Statevolt, who recently unveiled plans for a $4B Gigafactory to be located in Imperial County’s “Lithium Valley” just outside Calipatria. 

“Statevolt’s announcement of a lithium battery manufacturing plant in the Imperial Valley yesterday is exciting news on many fronts. It represents the culmination of opportunities encountering the perfect time for these forces to come together,” said IVEDC Chair Doug Dahm. 

The meeting, which took place at Imperial Valley College, included presentations from IVEDC CEO Timothy Kelley, Imperial County District 4 Supervisor Ryan Kelley, Imperial Valley College Dean of Workforce and Economic Development Efrain Silva, Controlled Thermal Resources CEO Rod Colwell and Statevolt Founder Lars Carlstrom.  

There were key takeaways from yesterday’s presentations. Most notably, Statevolt Founder Lars Carlstrom shared details of plans to develop one of the largest gigafactories in the United States, with roughly 2,500 directly employed personnel in a 3.2M sqft facility. Imperial Valley’s strategic location is the leading force in geothermal and lithium extraction industries, which has opened the door for this groundbreaking economic opportunity for local job seekers, businesses, cities and residents.  

IVEDC Board member Tom DuBose said, “IVEDC’s persistence is paying off. As we have consistently marketed Imperial Valley on a global scale and continue to strengthen our bond with the Governor’s Office, Sacramento has come to learn that Imperial Valley is the number one location in California for opportunities like this.” 

IVEDC Chair Doug Dahm said, “It goes without saying that the introduction of this project is the tip of the iceberg, and we anticipate the synergy created from this project to be just the beginning of more significant projects like this to come in the near future. The fact that CTR and Statevolt are planning to co-locate at the extraction site creates a synergy that has so many positive possibilities.” Dahm believes the theory of the Triple Bottom Line, 1) Economy, 2) Environment and 3) Equity, best describes how this project will benefit the entire Imperial Valley. 

First, the Economy of the Imperial Valley is enhanced by the constructive utilization of resources that are found in abundance in the Salton Sea area.  

Second, the technology being used to develop this project is Environmentally safe, and it doesn’t further enlarge the Carbon Footprint here in Imperial Valley. Sean Wilcock, VP of Business Development at IVEDC stated, “The world’s demand on lithium is historic and will continue to grow exponentially. What we find exciting about this project, from a global perspective, is the enormous difference in how lithium is secured today in open pit mines and evaporation ponds compared to how Lithium will be extracted from geothermal brine at the Salton Sea in a closed loop manner with de minimis impact to the environment. Today, lithium circles the globe many times before becoming a battery. The Statevolt facility combined with onsite lithium and energy supplied by Controlled Thermal Resources will result in an enormous reduction in CO² emissions for every battery cell produced.” 

Third and most importantly, the Equity generated by this project will remain here in the Imperial Valley, instead of being shipped out to other areas of the nation or the world, thus by-passing the Imperial Valley. 

With nearly 100 interested businesses and residents in attendance, the Lithium Valley Stakeholder Meeting was designed to bring stakeholders from the public and private sectors together to strengthen discussions of strategic planning and ensure preparedness for this exciting opportunity. Dahm stated, “I think it is also noteworthy to mention here that IVEDC has developed many working partnerships over the years that will enhance and create value to this project. One of the partnerships is with IVC, our local community college. IVC is currently working to develop a curriculum for educational certificates that will enable students to apply for and secure high skill and high-paying jobs. IVEDC also enjoys a partnership with the County of Imperial, the Planning Department and its Board of Supervisors. The supervisors are supportive of this project and are working diligently to streamline the permitting process to enable this project to come to fruition by 2025.” 

Imperial Valley Economic Development Corporation (IVEDC) is a partnership of private enterprise and local government that is united by the common vision of expanding and diversifying our economy. IVEDC is committed to enhance the quality of life experienced in Imperial Valley by engaging in initiatives that contribute to the diversification of the regional economy.  

IVEDC provides complimentary information, facilitation and referral services. IVEDC’s Business Development process includes site selection, incentive packaging, land acquisition, permitting assistance, procurement and workforce development.

The Inland Empire Business Journal (IEBJ) is the official business news publication of Southern California’s Inland Empire region - covering San Bernardino & Riverside Counties.

Continue Reading

Business

Inland Empire Celebrates Entrepreneurial Excellence at Spirit Awards Gala

Published

on

Honoring Visionary Leaders Driving Innovation and Community Impact

The Spirit of the Entrepreneur Awards Gala, held at the Riverside Convention Center, celebrated the brightest entrepreneurial talent across the Inland Empire. Among the evening’s finalists was Edward Ornelas, Jr., President & CEO of the Inland Empire Regional Chamber of Commerce, who was honored in the Social Entrepreneur category for his outstanding leadership and commitment to the region.

Although Ornelas did not win, the Social Entrepreneur award went to Cesar Navarrete, President & CEO of Children’s Fund, a proud Chamber member. “Being a finalist alongside such remarkable leaders is an incredible honor,” said Ornelas. “I am especially thrilled to see Cesar, a Chamber member, recognized for the transformative work he’s doing to improve the lives of children in our community. It’s a proud moment for us all.”

Another highlight of the evening was the recognition of Hilda Kennedy, President & Founder of AMPAC Business Capital, another Chamber member, who was awarded the Top Female Entrepreneur category. Hilda’s leadership at AMPAC, a mission-driven business lender, has been instrumental in empowering small businesses and fostering economic growth across the region.

“It’s amazing to see leaders like Hilda and Cesar being celebrated for their contributions,” added Ornelas. “Their achievements underscore the talent and dedication of entrepreneurs in our Chamber and across the Inland Empire. They are setting the standard for excellence and impact in their fields.”

The evening also featured the prestigious “Best of the Best” Award, sponsored by Best Best & Krieger LLP, which was awarded to Mauro Gomez, Chief Growth Officer of Anita’s Mexican Foods Corp.. Based in San Bernardino, Anita’s Mexican Foods has grown from modest beginnings into a leader in the food production industry under Gomez’s strategic direction.

The Spirit of the Entrepreneur Awards Gala continues to shine a spotlight on the transformative work of Inland Empire entrepreneurs, celebrating their innovation, resilience, and commitment to the community.

For more information about the Spirit of the Entrepreneur Awards, visit https://www.spiritawardsie.com.

For more details about the Inland Empire Regional Chamber of Commerce and its members, visit www.iechamber.org.

Continue Reading

Business

Inland Empire Chamber President Edward Ornelas, Jr. Named Finalist for Spirit of the Entrepreneur Awards

Published

on

Celebrating Leadership and Innovation: Ornelas Recognized for Advancing Business Growth and Social Impact in the Inland Empire.

Edward Ornelas Jr., President of the Inland Empire Regional Chamber of Commerce and owner of the Inland Empire Business Journal, has been named a finalist in the famed 2024 Spirit of the Entrepreneur Awards. Ornelas is honored in the Social Entrepreneur category for his remarkable leadership and vision in fostering business growth and development across the Inland Empire. The award ceremony will take place on November 21, 2024, at the Riverside Convention Center, celebrating the best of entrepreneurship throughout the region.

The Spirit of the Entrepreneur Awards, often regarded as the “Oscars of Business” in the Inland Empire, recognizes the innovation, leadership, and impact of outstanding entrepreneurs across various sectors. Ornelas joins a select group of 34 finalists, each representing the entrepreneurial spirit and resilience that define the I.E. business community. The Social Entrepreneur category highlights individuals like Ornelas, whose work goes beyond profit to positively impact society.

In his role as President of the Inland Empire Regional Chamber of Commerce, Ornelas has been a powerful advocate for the business community, connecting small businesses with essential resources and creating opportunities for growth. As the owner of the IE Business Journal, the only publication in the region dedicated solely to business news, Ornelas has provided a platform for local businesses to thrive by sharing their stories and promoting their success. His innovative, forward-thinking approach to marketing has earned him a reputation as a “visionary” and a “get-things-done” leader across both public and private sectors.

“I’m deeply honored to be recognized as a finalist for the 2024 Spirit of the Entrepreneur Awards. This nomination is a reflection of the incredible businesses and community leaders across the Inland Empire who inspire me every day. At the Inland Empire Regional Chamber of Commerce, our mission is to empower businesses and foster economic growth, and this recognition highlights the collective efforts of our entire community. I’m excited for what the future holds as we continue to work together to make a lasting impact,” said Ornelas.

Other notable finalists for the 2024 Spirit of the Entrepreneur Awards include leaders in healthcare innovation, green technology, and digital transformation. Each finalist, selected by a distinguished panel of judges, represents the best in their respective industries and contributes to the Inland Empire’s continued growth as a hub of innovation and entrepreneurship.

The Spirit of the Entrepreneur Awards is an annual event that brings together business leaders, community advocates, and entrepreneurs to celebrate the entrepreneurial excellence that drives the region’s economy. This year’s event promises to be a night of inspiration and recognition, showcasing the achievements of finalists like Ornelas, who continue to elevate the Inland Empire’s business landscape.

For more information about the Spirit of the Entrepreneur Awards and to see the full list of finalists, visit www.spiritawardsie.com

Continue Reading

Business

CBRE Opens Newly Renovated, Tech-Enabled Office in the Inland Empire

Published

on

The office is designed to support hybrid work and employee wellbeing

CBRE announced the opening of its new 10,159-sq.-ft. office suite on the ground floor of 4141 Inland Empire Blvd., in Ontario, Calif.

The office is part of CBRE’s Workplace360 program, which features innovative office designs and functionality, including in-office technology and a wider variety of collaborative spaces designed to support hybrid working. CBRE launched its Workplace360 program over a decade ago in its downtown LA office. Since then, the company has opened more than 100 Workplace360 offices worldwide, continually updating the program as work habits have changed over the years, especially with the increase in hybrid work.

“Our newly renovated space provides us with a great opportunity to deliver a collaborative, experience-driven workplace that supports hybrid work,” said Ian Britton, managing director and market leader for CBRE in Inland Empire. “Our Workplace360 office will also serve as a showpiece to help clients conceptualize flexible work strategies for their employees.”

The renovated office has several different work areas including focus, huddle, living, and conference rooms. The open-space lobby, known as the “Heart,” features a variety of seating and a communal space for collaboration. A large 86” media display with a speaker system welcomes employees, visitors, and clients and assists with onsite events.

New office technology, including touch-enabled video conference rooms, allows for hybrid work collaboration between in-office and remote employees and clients. Additionally, the Mt. Baldy conference room has Liquid Galaxy, a geospatial visualization platform set across large format curved screens providing a cinematic presentation experience. This room has an operable wall that opens to the Heart, creating an onsite event space.

A cornerstone of the Workplace360 model is its free-address approach, in which there is no dedicated seating. The free-address approach allows employees who are in the office on a given day to use any workstation or office.

The office’s design led by CBRE Design Collective, took inspiration from the Inland Empire’s orange groves and mountainous landscapes of Mt. Baldy. Images of Route 66 from local photographer VC Torneden features the role the highway plays in the area. 

Continue Reading

Business Journal Newsletter



Trending