Grow Long Beach
The Grow Long Beach initiative outlines the City's vision for advancing economic development by diversifying and building an economy where everyone thrives, bolstering key industry sectors and exploring alternative revenue streams to wean from reliance on oil revenue.
Long Beach's key industry sectors include:
- Fueling our Aerospace and Aviation
- Building the Transportation, Logistics, and Supply Chain
- Unleashing the Creative Economy through Music, Athletics, Tourism and Hospitality
- Economic Development through Healthcare and Education
- Building a Climate-Forward Economy
- Ampaire, a Top 100 Global Cleantech company at the forefront of hybrid electric aircraft systems development, has selected Long Beach as the location of their new headquarters.
- SpaceX has renewed its lease for another five years and is doubling their facility’s footprint in Long Beach. Since 2021, SpaceX’s West Coast Recovery Operations Hub has been at the Port of Long Beach. Their facility will grow from just over six acres to 15 acres, including both dry and submerged land, office and manufacturing space.
- Relativity Space and Rocket Lab, both headquartered in Long Beach, continue to hire new employees weekly. Relativity Space continues to hit their manufacturing milestones, and Rocket Lab recently launched its 50th Electron rocket.
- Vast has reached 450 employees and is on course to beat its five-year goal of 800 employees by next summer, two years ahead of schedule.
- Mayman Aerospace is joining the Space Beach community, relocating their headquarters from Ventura County to Long Beach.
- NovaWurks, a satellite design, engineering and manufacturing firm, is relocating their headquarters from Orange County to Long Beach to occupy new, state-of-the art advanced manufacturing facility.
- NuSpace PCX Long Beach has renewed their lease for another decade at the Long Beach Airport. Occupying over 55,000-square-feet, they serve as a leading supplier of mission-critical pressure vessels for space and missile defense.
- Ford Motor Company, ranked No. 17 in the Fortune 500, is launching a new, 250,000-square-foot Research and Development facility in Long Beach that will focus on creating a cost-effective consumer electric vehicle for production.
- Long Beach continues to play host to many major national conventions, with more than 290 meetings and conventions booked this past year.
- Completion of the city’s first-ever outdoor amphitheater is anticipated for summer 2025. The amphitheater will hold upwards of 12,000 seats and attract major bands, artists and acts from around the world and thousands of visitors to the Downtown waterfront.
- The Port of Long Beach is seeing record levels of federal investments to support clean energy, including a $1.57 billion investment and adding 1,100 new union labor construction jobs.
For more information, view the City's press release.