checkAd

     274  0 Kommentare Tejon Ranch Co. to Ring the Closing Bell at the New York Stock Exchange on Tuesday, July 30, 2019

    On Tuesday, July 30, 2019, Tejon Ranch Co. (NYSE:TRC) will have the honor of ringing the Closing Bell at the New York Stock Exchange, in celebration of its 20th anniversary as a member of the Exchange. At 4:00 pm Eastern Time/1:00 pm Pacific Time, Tejon Ranch Co. President and CEO Gregory S. Bielli will ring the bell, marking the end of the trading day on Wall Street.

    He will be joined on the bell podium by two other Tejon Ranch Co. executives: Allen Lyda, Executive Vice President and Chief Operating Officer, and Barry Zoeller, Senior Vice President, Corporate Communications & Investor Relations.

    Tejon Ranch Co. joined the New York Stock Exchange on July 28, 1999, having moved from the American Stock Exchange, where its stock had traded the previous 25 years. Tejon Ranch Co. incorporated as a public company in 1936.

    The company’s principal asset is the 270,000-acre Tejon Ranch. Located 60 miles north of Los Angeles and 30 miles south of Bakersfield, Tejon Ranch is the largest contiguous piece of private property in California. Throughout its 175-year history, Tejon Ranch has played a significant role in the development of both California and the nation.

    Situated at the center of California, connecting both north and south, Tejon Ranch is strategically located. It’s home to vital transportation and communications corridors, oil and gas pipelines, electrical transmission lines and more. Seventeen miles of the State Water Project crosses over or tunnels through the Ranch. The largest pumping plant in the system, critical to delivering water to Southern California, is also located on Tejon. Interstate 5, and before that, Highway 99, the Ridge Route, the Los Angeles – Stockton Road, the Butterfield Stage Coach line, currently pass or have passed through Tejon Ranch’s western boundaries.

    Though a diversified company, with separate divisions dealing with agriculture, oil, water and minerals, ranching and other ranch operations, Tejon Ranch Co.’s primary focus is real estate development, both commercial and residential. Combined, those developments entail nearly 35,000 homes and more than 35 million square feet of commercial space, with opportunity for more in the future.

    The Tejon Ranch Commerce Center and Outlets at Tejon, located at the junction of I-5 and Highway 99, have become a destination for those traveling north and south through California. The central location directly on Interstate 5 has proven ideal for companies distributing their goods throughout California and the west. The Commerce Center is already home to distribution centers for IKEA, Caterpillar, Dollar General, Famous Footwear, and L’Oréal USA’s professional salon distribution operation, Salon Centric, is in the process of relocating to Tejon from the nearby LA basin. Nearly 6 million square feet of commercial/industrial space has been developed to date, creating 4,000 jobs, with 14 million square feet, and thousands of additional jobs to go.

    Seite 1 von 2



    Business Wire (engl.)
    0 Follower
    Autor folgen

    Weitere Artikel des Autors


    Tejon Ranch Co. to Ring the Closing Bell at the New York Stock Exchange on Tuesday, July 30, 2019 On Tuesday, July 30, 2019, Tejon Ranch Co. (NYSE:TRC) will have the honor of ringing the Closing Bell at the New York Stock Exchange, in celebration of its 20th anniversary as a member of the Exchange. At 4:00 pm Eastern Time/1:00 pm Pacific Time, …