Rancho Cordova Brings in Personal Watercraft Manufacturer
June 29, 2016
Free Form Factory, a New York company specializing in extra-durable personal watercraft, has moved its operations to Rancho Cordova, choosing the local community over Austin, Texas, according to officials.
Wednesday’s announcement was made by the city and the Greater Sacramento Area Economic Council, which played a role in luring FFF to the area.
Ashley Downton, spokeswoman for Rancho Cordova, said FFF actually began moving into a building at 9777 Business Park Drive – within the business park at Bradshaw Road and Highway 50 – about four weeks ago. It opened for business on Wednesday.
Greater Sacramento spokeswoman Vanessa Young said the company – formerly operating in Ontario, N.Y., near Rochester – has made Rancho Cordova its headquarters, including “all operations, manufacturing, research and development.”
FFF was founded by CEO Jordan Darling, a freestyle jet skier and engineer who wanted to make a more durable personal watercraft that could hold up amid the pounding of competition. FFF says the materials incorporated into the company’s watercraft have attracted the interest of both U.S. military and NASA.
Darling said the company has moved into about 4,200 square feet of space and has a staff of three. He said he is looking to hire three to four employees over the next six months, and another three or four in the six-month period after that.
Darling said local officials moved quickly to help bring his company to the area.
“We move fast, and we needed a community that moves just as fast,” Darling said. “Rancho Cordova and Greater Sacramento were able to deliver what we needed, period. We had an offer in 48 hours.”
Darling also cited access to talent from colleges that include Sacramento State, UC Davis, UC Berkeley and area community colleges. He said Rancho Cordova is close to company suppliers and testing locations in Northern California.
“Our region was able to offer a strong value proposition over some very competitive markets,” Barry Broome, president and CEO of Greater Sacramento, said in a statement.
Rancho Cordova Mayor David Sander noted that Rancho Cordova has a Business Incentive Program for entrepreneurs looking to start or grow a business, thanks to a fund supported by a 0.5-cent local sales tax measure.
This article was originally published in the Sacramento Bee at this link: http://www.sacbee.com/news/business/article86654067.html
The Rancho Cordova City Council voted today to launch an investment fund to catalyze more than 25 fast-growing companies to the city. The fund is one of an increasing number of public and private capital sources available to businesses in the region.
Help us highlight the Greater Sacramento region and our innovative solutions to the challenges of the future by voting for our proposed panels at SXSW 2020. This is a can’t-miss opportunity to showcase the region’s value proposition to an international crowd of thought-leaders and pioneers.
BUSINESS Greater Sacramento June 14, 2019 California is known as the Golden State and other states are doing their best to get a piece of the gold. Arizona is among the latest to join in the fray – coming into the Golden State, trying to poach California...