Cerritos, September 23, 2025
News Summary
Cerritos, California, has reestablished its Economic Development Commission to enhance local business conditions and stimulate growth. The five-member commission, reinstated in June 2024, aims to support existing companies and welcome new enterprises. Recent milestones include the 40th anniversary celebration of Golden Star Technology, Inc. and the opening of new dining options like Chubby Cattle. This strategic focus on economic growth reflects the city officials’ commitment to fostering a supportive business environment.
Cerritos, California – Officials in Cerritos are reinforcing their commitment to enhancing the city’s economy with the recent revival of the Economic Development Commission. This five-member commission has been formally reestablished and serves as an advisory body to the City Council, promoting initiatives to improve business conditions and stimulate growth. The commission was officially reinstated by ordinance in June 2024 and convened for its first meeting earlier this month.
Mayor Frank Aurelio Yokoyama highlighted the significance of the commission’s revival in his latest Mayor’s Report, indicating the city’s dedication to fostering a thriving business environment. This effort includes celebrating longstanding companies that have contributed to the local economy, as well as welcoming new enterprises to Cerritos.
A notable milestone occurred with the celebration of Golden Star Technology, Inc. (GST), which marked its 40th anniversary with a grand reopening on August 27, 2024. Established in Cerritos since 1992, GST showcased its newly expanded warehouse space and additional employee amenities during the event. Following this celebration, city officials held a ribbon-cutting ceremony on August 28, 2024, for the new headquarters of the Alliance of Schools for Cooperative Insurance Programs (ASCIP), a nonprofit organization that provides vital insurance and risk management services to schools throughout California.
The city’s dining scene is also expanding, with the recent opening of Chubby Cattle, a Wagyu barbecue restaurant located at 11203 183rd St. in Plaza 183. Furthermore, Tokyo Central/Marukai is set to open at the former Pacific Sales site in Cerritos Towne Center, which was previewed during the mayor’s State of the City address in June.
Cerritos, located in southeastern Los Angeles County, has a population of approximately 50,000 and offers a vibrant community spirit along with an encouraging business climate. The city was originally incorporated in 1956 as Dairy Valley and was renamed in 1967. Today, it is recognized for its award-winning schools, cultural institutions, and beautiful parks, with major landmarks such as the Cerritos Center for the Performing Arts and Cerritos Towne Center.
Reflecting the demographic makeup of the city, Cerritos has an all-Asian American City Council. The current administration remains focused on creating a supportive environment for both established businesses and new ventures to thrive. The strategic goal of enhancing economic development has been prominently featured as part of the city’s ongoing initiatives.
Economic Development Highlights
- The Economic Development Commission is a five-member advisory body to the City Council.
- Golden Star Technology, Inc. celebrated its 40th anniversary on August 27, 2024, with a grand reopening.
- ASCIP opened its new headquarters, providing services to California schools.
- Chubby Cattle, a new Wagyu barbecue restaurant, opened at Plaza 183.
- Tokyo Central/Marukai plans to open in Cerritos Towne Center.
Background Information
In addition to its growing economy, Cerritos is known for its commitment to education and community services, exemplified by its award-winning schools and cultural institutions. The city continues to serve as a prime location for both residents and businesses, marked by the recent increase in both dining and service industry offerings.
As Cerritos moves forward, city officials remain committed to fostering a robust business environment that encourages local economic growth and sustainability.
Frequently Asked Questions (FAQ)
What is the purpose of the Economic Development Commission in Cerritos?
The Economic Development Commission serves as an advisory body to the City Council, promoting initiatives to improve business conditions and stimulate growth.
Who celebrated a grand reopening in Cerritos recently?
Golden Star Technology, Inc. celebrated its 40th anniversary with a grand reopening on August 27, 2024.
What new dining options have opened in Cerritos?
Chubby Cattle, a Wagyu barbecue restaurant, recently opened, and Tokyo Central/Marukai is set to open in Cerritos Towne Center.
Key Features of Cerritos Economic Growth
| Feature | Description |
|---|---|
| Economic Development Commission | Advisory body dedicated to improving local business conditions. |
| Golden Star Technology, Inc. | Celebrated its 40th anniversary with a grand reopening. |
| ASCIP | Opened new headquarters offering insurance services to schools. |
| New Restaurant Openings | Chubby Cattle and Tokyo Central/Marukai expand dining options. |
| Community Background | Cerritos known for strong schools and cultural institutions. |
Deeper Dive: News & Info About This Topic
- Asian Journal: Cerritos Recommits to Economic Growth
- Wikipedia: Economic Development
- Public CEO: Strategic Planning for Cerritos
- Google Search: Cerritos California
- Asian Journal: Cerritos Election Results
- Encyclopedia Britannica: Cerritos, California
- Long Beach Business Journal: Cerritos Economic Development
- Google News: Cerritos News
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