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Biz News Around Tulare County

Screen Shot 2015-05-04 at 12.10.29 PMVisalia Mall has leased the former Rick & Nacho’s Food Court space  to Triangle Drive In Burgers out of Fresno . Triangle Drive In has been making Burgers, sandwiches, Hot dog, shake/malts etc. for over 52 Years at their 50’s diner theme concept.  Their Visalia Food Court location opening  date is planned for mid-December, if not sooner says mall management.
Former Surplus City building still has some 6000 sf of space for lease says co-owner Harvey May who says a deal with a planned brewery to open there “vaporized.” It probably is the largest space available on Visalia’s Main St today.
Home sales continue strong in the Central Valley. The Central Valley pending sales increased in September to reach an index of 103.9, up 4.6 percent from August’s 99.3 index and 14.1 percent from September 2014’s 91.1 index. Boosting sales is continued availability of lower cost FHA financing. Earlier this year FHA reduced fees on new mortgages resulting in a 50% jump in originations from last year. In June the FHA originated 65,000 fist-time home buyers. FHA financing enables families with less than stellar credit get into a a home.

FamilyHealthcare Network will open a new health clinic in Traver in coming weeks next to the local school  on property leased from the school. It will be the first medical clinic in the small Hwy 99 town.
Dollar Tree To Visalia
The Kmart /Save Mart shopping center will get a 10,700sf Dollar Tree about where the old Albertsons building was, some 600ft east of Demaree. The project was approved by the city planning commission Oct 26.
….And Dollar General
Tulare County continues to permit more dollar stores led by Dollar General. The new Dollar general Tipton store will soon open even as the chain has stores in Tulare, Visalia, Exeter, Woodlake, Strathmore, Porterville and Earlimart. But there is more brewing says Tulare County officials with stores planned in Pixley, Orosi, Poplar and Springville.

Alfonso Lago who owns the Dairy Experts company is locating his  contract lab and dairy consulting business to Hwy 99 north of Tipton. The firm has been operating out of the COS Tulare dairy site but will now be locating a mobil lab and starting new construction on a dairy barn where he will help local dairies with research on custom feed mixes.  He uses COS ag students to help out.
FedEx Forecasts Record Volume This Holiday Season
FedEx Corp. (FDX) predicts it will move a record-breaking 317 million shipments between Black Friday and Christmas Eve. This forecast marks a 12.4 percent increase in year-over-year seasonal volume.

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