BUSINESS MOVE
Mayor Richard Riordan paid a visit Wednesday to a meat processing plant in South-Central Los Angeles that recently relocated from Vernon after the mayor’s efforts to encourage businesses to move to Los Angeles.
Choice One Foods, a corporation that processes and packages meat and other food for restaurants nationwide, received a $4.6-million bond to move to a plant across the street from Jefferson High School.
The tax-free industrial development bond was approved Tuesday by the City Council, said Richard Havel, chairman of the Los Angeles Development Authority. Such bonds are offered to firms that can provide benefits to the public, including creating jobs.
Choice One Foods also received other tax benefits and assistance in speeding up the relocation process, said Randy Takasuka, a representative of L.A.’s Business Team, the mayor’s job-retention project.
About 18 months ago, Riordan met with Bob Wiviott, owner of Choice One Foods, to persuade him to move his business into the city. Riordan said Wiviott had been considering moving his corporation out of the state.
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