Perfect Business Climate
With over 2,500 businesses in a wide range of industries, Cerritos has been named "one of the best places to do business in California" by California Business Magazine, and "one of Southern California's most affordable and business-friendly cities" by the Kosmont Cost of Doing Business Report. In 2007, Cerritos was a finalist as one of the "Most Business Friendly Cities" in Los Angeles County. Civic leaders, planners and an involved citizenry have been forward thinking and innovative to ensure that Cerritos is a thriving commercial center built on a foundation of financial security, central location and an environment which is beautiful and efficient.
With flourishing retail, wholesale, industrial, and manufacturing trades, the City of Cerritos generates over $2.6 billion a year in taxable retail sales and over $5.5 billion in assessed property valuation.
From the world famous Cerritos Auto Square - dubbed the world's first and most successful regional auto center by J.D. Power and Associates - to the Los Cerritos Center which changed the way people thought about shopping when it opened in 1972, to the more recent Cerritos Towne Center - which combines office, retail, hotel and entertainment facilities in one master-planned project - Cerritos has consistently been an innovative leader in business development. With over 30 landscaped shopping centers and plazas, Cerritos is home to nearly every type of business from the finest department stores, discount and home-improvement centers, to interesting specialty shops and restaurants.
In addition to retail, Cerritos also provides thousands of jobs in light manufacturing and assembly at the beautifully landscaped 845-acre master-planned light Industrial Park. With strict ordinances, setbacks for commercial properties, low crime rate, an educated work force, beautiful housing and many award-winning recreational facilities, Cerritos is home to such companies as United Parcel Service (UPS), Cingular Wireless Services, Southern Wine & Spirits of America, Weyerhauser, and Xerox Corporation.
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