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Torrance officials say trade ties, auto tech and events are central to downtown and international business push
Summary
City staff updated the council on business-attraction efforts, citing a recent win with Sony Honda Mobility, friendship-city outreach, downtown improvements and metrics on visitors, events and permits.
Fran Fulton, the city’s economic development manager, told the Torrance City Council that the Office of Economic Development has focused this year on international relations, business attraction and downtown revitalization. The presentation recapped work since the last update, cited a $100,000 incentive fund used to recruit Sony Honda Mobility’s Southern California hub, and highlighted metrics for hotels, events and film activity.
Why it matters: Council members framed the work as a long-term strategy to increase sales tax, hotel stays and foot traffic in Downtown Torrance and to position the city as a base for international athletes and businesses coming to the Los Angeles region for major events.
Fulton said the city used the…
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