Monrovia Business and Industry
ECONOMIC OPPORTUNITIES
The economic outlook for Monrovia remains positive due to the remarkable diversity and balance of its business base. For more than 30 years, Monrovia has pursued an aggressive program of economic development and business retention that has created a diverse, balanced and successful local economy second to none in the region. The City of Monrovia is dedicated to serving the needs of existing and new businesses. There is no utility tax and city fees are 23 percent below the average of other San Gabriel Valley cities.
Monrovia’s businesses serve local, regional, national and international customers. By pro-actively diversifying its business base and working hard to both attract and keep leading firms in a variety of industries, Monrovia has successfully maintained a reputation as a regional business center and remains one of the least expensive communities in the Los Angeles area in which to do business.
Monrovia is now the home of a Verizon Smartpark self-healing fiber-optic ring that links the high-tech corridor and downtown businesses to a high-speed data transmission network, making it the “best wired” community in Southern California. In fact, large and start-up high-tech, biotech and nano-tech firms are located along Monrovia’s East Huntington Drive technology corridor, making the community a leader in the San Gabriel Valley’s technology industries.
Whether it’s an independent firm, a home-based business, national or international corporation, Monrovia offers a broad commerce base with countless amenities to ensure the prosperity of the region.
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