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CORPORATE GIANTS EASE REGIONAL RECESSION.


Byline: - Cecilia Chan

The Conejo Valley The Conejo Valley is a region spanning both Southeastern Ventura County and Northwest Los Angeles County in Southern California, United States. It was discovered in 1542 by Spanish explorer Juan Rodriguez Cabrillo, and eventually became part of the Rancho El Conejo land grant by  has escaped the brunt of the nation's recent recession and can look forward to a vibrant economy thanks in part to corporate giants such as Amgen and Baxter BioSciences, experts said Thursday.

``This place is a job-generating machine,'' said Bill Watkins This article is about the baseball manager. For the Seagate CEO, see Bill Watkins (Seagate).

William Henry Watkins (May 5 1858 - June 9 1937) was a Canadian manager in Major League Baseball for the Indianapolis Hoosiers, Detroit Wolverines, Kansas City
, executive director of the University of California, Santa Barbara History
The predecessor to UCSB, Santa Barbara State College, focused on teacher training, industrial arts, home economics, and foreign languages. Intense lobbying by an interest group in the City of Santa Barbara led by Thomas Storke and Pearl Chase persuaded the State
, Economic Forecast Project, which held a midyear economic outlook forum for Thousand Oaks Thousand Oaks, residential city (1990 pop. 104,352), Ventura co., S Calif., in a farm area; inc. 1964. Avocados, citrus, vegetables, strawberries, and nursery products are grown.  and Westlake Village.

Thousand Oaks Economic Development Director Gary Wartik said Amgen remains the largest private-sector employer in the county with 6,500 workers, and Baxter's headquarters relocation from Glendale meant 400 new jobs to the community with 700 more on the way.

Services, retail trade and nondurable non·du·ra·ble  
adj.
Not enduring; being in a state of constant consumption: nondurable items such as paper products.

n.
A consumable item: nondurables such as food. 
 manufacturing accounted for 62 percent of the employment for Thousand Oaks and Westlake Village, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the project's report.

However, as job growth rises - more than 4 percent expected in 2002 and in 2003 - so do the prices of homes, which could cause companies to think twice before relocating to the area or prompt existing companies to consider leaving, said Rick Principe, president of a real estate company.

He blamed the Save Open-space and Agricultural Resources initiatives - which won voter support across Ventura County in the 1990s with their call to limit growth to inside city boundaries - for playing a role in the low housing stock.

``We have lots of jobs but no place to live,'' Principe said.

Top corporate administrators and company owners might be able to afford living in the Conejo Valley, but their employees are not, he said.

``For every four jobs created in the last 10 years only one housing unit is built,'' real estate broker Terry Moerler said.

Moerler said the low supply of housing means higher selling prices, noting that the median sales price in the Conejo Valley for May was $468,390. Teachers, firefighters, police officers and others working in the community are forced to live elsewhere and commute TO COMMUTE. To substitute one punishment in the place of another. For example, if a man be sentenced to be hung, the executive may, in some states, commute his punishment to that of imprisonment. , she said.

``There is a price to pay for inadequate housing,'' she said. ``It affects the community and families here in the Conejo Valley.''
COPYRIGHT 2002 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Daily News (Los Angeles, CA)
Article Type:Statistical Data Included
Date:Jun 21, 2002
Words:347
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