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==Economy== {{Wide image|From across the Hills.jpg|840px|View of the City of Industry}} The city's [[zoning]] is primarily devoted to business: 92% is [[Industrial sector|industrial]], 8% is [[Commerce|commercial]].<ref>{{cite web|url=http://www.cityofindustry.org/dex_14.html|title=Official City of Industry Website: Industry Fact Sheet|access-date=August 31, 2017|archive-url=https://web.archive.org/web/20070107032950/http://www.cityofindustry.org/dex_14.html|archive-date=January 7, 2007|url-status=dead}}</ref> The few residences in the city either existed before incorporation, are on properties adjacent to either [[Industry Hills Golf Club]], Industry Hills Recreation Center or in the small neighborhood adjacent to City Hall. In addition, there are residents at the El Encanto Healthcare Center, a [[nursing home]] owned by the city.<ref>{{cite news|url=http://www.sgvtribune.com/general-news/20120629/2-minutes-and-228-million-heres-how-industry-spends-its-money|title=2 minutes and $228 million: Here's how Industry spends its money|work=[[San Gabriel Valley Tribune]]|date=June 29, 2012|first=Ben|last=Baeder}}</ref> The City of Industry has no business taxes and is primarily funded through retail [[sales tax]] from shopping centers located within the city limits, and [[property tax]] on parcels within the city. The city has the highest property tax rate in Los Angeles County, at 1.92%.<ref>{{cite news|url=http://www.latimes.com/news/local/bell/la-me-city-property-tax-table,0,5895218.htmlstory|work=Los Angeles Times|title=Paying too much? Comparing property tax rates for L.A. County cities}}</ref> In addition, there is a revenue-generating hillside hotel resort, known as the [[Pacific Palms Resort]] (formerly the Industry Hills [[Sheraton Hotels and Resorts|Sheraton]]), which is almost completely surrounded by the city of [[La Puente]] but actually located in the City of Industry. City of Industry is a popular investment area for [[China|Chinese]] businesspeople and the city has also emerged as a high-tech import/export center for computer parts, with business links to the Asian marketplace. For convenience, many Chinese entrepreneurs and staff live in nearby [[Rowland Heights]], [[Hacienda Heights]], [[West Covina]], [[Diamond Bar]] and [[Walnut, California|Walnut]].<ref>{{Cite news|last=Pierson|first=David|date=June 19, 2008|title=Close to L.A. but closer to Beijing|url=https://www.latimes.com/archives/la-xpm-2008-jun-19-me-chinatowneast19-story.html|access-date=December 21, 2020|newspaper=Los Angeles Times|language=en-US|quote=Close to 40% of the businesses in Industry are ethnic Chinese-owned. βItβs a suburb anchored to the tribal economy of the Chinese and China. They have an ideal life with a spacious backyard and institutions and amenities close by. You have a 15-minute commute to work rooted in city of Industry."}}</ref> ===Businesses=== [[File:LKK City of Industry.JPG|thumbnail|The Lee Kum Kee factory in Industry]] Some of the companies with headquarters in the City of Industry are: *[[Dean Foods|Alta Dena]] *[[AMI ClubWear]] *[[Antec]] *[[Arconic]] *[[CSC Enterprise Corp.]] *[[CyberPowerPC]] *[[Dacor (kitchen appliances)]] *''[[DUB (magazine)|DUB]]'' *Emtek Products<ref>{{cite web|url=http://www.emtek.com/about.php|title=About Us - Door Hardware Manufacturing - Emtek Products, Inc.|website=www.emtek.com|access-date=August 31, 2017|archive-date=May 23, 2022|archive-url=https://web.archive.org/web/20220523011742/https://emtek.com/about.php|url-status=dead}}</ref> *Engineering Model Associates/Plastruct<ref>{{cite web|url=http://www.plastruct.com/Pages/Company.html|title=Plastruct Company Profile|access-date=August 31, 2017|archive-url=https://web.archive.org/web/20090130025213/http://www.plastruct.com/Pages/Company.html|archive-date=January 30, 2009|url-status=dead}}</ref> *[[Gigabyte Technology]] Called GBT Co, Ltd. as its corporate name in the United States *[[Holosun]] Technologies *[[Hot Topic]]<ref>{{cite web|url=http://community.hottopic.com/content/modeling-info|title=Hot Topic Model Information|access-date=August 31, 2017|archive-url=https://web.archive.org/web/20090618124853/http://community.hottopic.com/content/modeling-info|archive-date=June 18, 2009|url-status=dead}}</ref> *iStarUSA Group<ref>"[http://www.istarusa.com/about.php Company Information] {{Webarchive|url=https://web.archive.org/web/20160423192708/http://www.istarusa.com/about.php |date=April 23, 2016 }}." In early 2008, iStarUSA Group, a premier IPC hardware manufacturer and OEM/ODM solutions provider, expanded its warehouse capacity in the convenient location of City of Industry, California."</ref> *[[ITC-Diligence, Inc.]]<ref>{{cite web|url=http://www.ftzconsultants.com|title=Global International Trade & FTZ Consultants, Transport & Logistics Solutions, US Customs Brokerage|website=www.ftzconsultants.com|access-date=August 31, 2017}}</ref> * [[Jada Toys]] * [[Jointown Pharmaceutical Group]] *Medlock Industries<ref>{{Cite web |url=http://www./ |title=medlockinternational/about.php About Medlock |access-date=July 3, 2019 |archive-url=https://web.archive.org/web/20050411002813/http://www/ |archive-date=April 11, 2005 |url-status=live }}</ref> *Metro United Bank (a subsidiary of [[MetroCorp Bancshares]])<ref>"[https://www.metrounitedbank.com/aboutus.asp About Us] {{Webarchive|url=https://web.archive.org/web/20110714080837/https://www.metrounitedbank.com/aboutus.asp |date=July 14, 2011 }}." () Metro United Bank. Retrieved on December 27, 2010. "Metro United Bank is headquartered in the City of Industry and was established to meet the diverse financial needs of customers throughout Southern and Northern California."</ref> *[[Newegg|Newegg.com]]<ref>{{cite web|url=http://www.newegg.com/Info/AboutUs.aspx|title=Computer Parts, PC Components, Laptop Computers, LED LCD TV, Digital Cameras and more - Newegg.com|website=www.newegg.com|access-date=August 31, 2017}}</ref> *[[NZXT]] *Public Health Foundation Enterprises, Inc.<ref>{{cite web|url=http://www.phfe.org|title=Public Health Foundation Enterprises|website=www.phfe.org|access-date=August 31, 2017|archive-url=https://web.archive.org/web/20170831215434/http://www.phfe.org/|archive-date=August 31, 2017|url-status=dead}}</ref> *[[Serec of California]]<ref>{{cite web|url=http://www.serec.com|title=3PL, 3rd Party Logistics, FTZ, Foreign Trade Zone, Industry, CA SEREC|website=www.serec.com|access-date=August 31, 2017}}</ref> *[[Sophos|Sophos Ltd.]] *[[Utility Trailer Manufacturing Company]]<ref>{{cite web|url=http://www.utilitytrailer.com/about/history.asp|title=Page Not Found|first=The Artime Group -|last=www.artimegroup.com|website=www.utilitytrailer.com|access-date=August 31, 2017|archive-url=https://web.archive.org/web/20110302114727/http://www.utilitytrailer.com/about/history.asp|archive-date=March 2, 2011|url-status=dead}}</ref> *[[Yum-Yum Donuts]] Other businesses with a major presence in the City of Industry include: *[[Biostar]] *[[Bank of the West]] *[[CoolerMaster]] *[[DIRECTV]] *Fashion Nova *[[FedEx]] *[[Golden State Foods]] (two locations)<ref>{{cite web|url=http://www.goldenstatefoods.com/locations.asp|title=Golden State Foods locations|access-date=August 31, 2017|archive-url=https://web.archive.org/web/20130713122140/http://www.goldenstatefoods.com/locations.asp|archive-date=July 13, 2013|url-status=dead}}</ref> *[[Goya Foods]]' California division<ref>"[http://www.goya.com/english/about/contact_us.html Contact Us] {{webarchive|url=https://web.archive.org/web/20110424071548/http://www.goya.com/english/about/contact_us.html|date=April 24, 2011}}." [[Goya Foods]]. Retrieved on March 26, 2016. "Goya Foods of California 14500 Proctor Avenue City of Industry, CA 91746"</ref> *[[Health One Pharmaceuticals]]<ref>{{cite press release|publisher=[[USFDA|Food and Drug Administration]]|url=https://www.fda.gov/NewsEvents/Newsroom/PressAnnouncements/ucm430625.htm|date=January 16, 2015|title=Federal judge approves consent decree with California dietary supplement maker}}</ref> *[[Kellwood Company]] *[[Lee Kum Kee]] USA Los Angeles Office<ref>"[http://usa.lkk.com/Us/Enterprise/SalesContact/ContactUs Contact Information] {{Webarchive|url=https://web.archive.org/web/20140812125451/http://usa.lkk.com/Us/Enterprise/SalesContact/ContactUs |date=August 12, 2014 }}." [[Lee Kum Kee]]. Retrieved on November 9, 2012. "14841 Don Julian Road City of Industry, CA 91746"</ref> *[[Micro-Star International]] stylized as MSI *[[Silverstone Technology]]
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