Cerritos, California, September 23, 2025
News Summary
Cerritos has reestablished its Economic Development Commission to stimulate growth and support local businesses. This initiative, highlighted by Mayor Frank Aurelio Yokoyama, coincides with recent milestones, including GST’s 40th anniversary and new dining options. City officials are focused on enhancing the business landscape in Cerritos, aiming for sustained economic expansion and a vibrant community.
CERRITOS, CALIFORNIA — City officials in Cerritos are placing a renewed emphasis on strengthening the economy as the Economic Development Commission has been revived. This advisory body to the City Council aims to stimulate growth and support local businesses. Formally reestablished by ordinance in June 2024, the five-member commission reconvened earlier this month and is poised to create a landscape conducive to economic expansion.
Mayor Frank Aurelio Yokoyama underscored the significance of the commission’s revival in his latest Mayor’s Report, noting that it comes at a pivotal moment for Cerritos. Highlighting expressive milestones of economic growth, the city is not only celebrating longstanding local companies but is also welcoming new businesses to the area.
A notable event took place on August 27, 2024, when Golden Star Technology, Inc. (GST) celebrated its 40th anniversary with a grand re-opening. Based in Cerritos since 1992, GST showcased new warehouse space and enhanced employee amenities during the celebratory event.
Following this, on August 28, 2024, city officials held a ribbon-cutting ceremony for the new headquarters of the Alliance of Schools for Cooperative Insurance Programs (ASCIP). This nonprofit organization provides essential insurance and risk management services to schools throughout California.
Dining options are also expanding in Cerritos, with the recent opening of Chubby Cattle, a Wagyu barbecue restaurant situated at 11203 183rd St. in Plaza 183. Furthermore, Tokyo Central/Marukai is anticipated to open at the former Pacific Sales site within Cerritos Towne Center, a development previewed during the mayor’s State of the City address in June.
Cerritos is located in southeastern Los Angeles County, with a population of approximately 50,000 people. Incorporated in 1956 as Dairy Valley, the city was renamed in 1967 and has since been recognized for its strong business climate, award-winning schools, cultural institutions, and well-maintained parks. The Cerritos Center for the Performing Arts and Cerritos Towne Center serve as significant community and commercial landmarks.
In terms of governance, Cerritos has an all-Asian American City Council, reflective of the city’s diverse demographic makeup. The current administration is specifically focused on fostering an environment that supports both established businesses and new ventures. Initiatives aimed at strengthening economic development are ongoing, with strategic goals aligned to this vision.
Key Economic Milestones
- Economic Development Commission: Revived in June 2024
- GST 40th Anniversary: August 27, 2024
- ASCIP Headquarters Ribbon Cutting: August 28, 2024
- New Businesses: Chubby Cattle and Tokyo Central/Marukai
Background on Cerritos
Cerritos has a rich history that began as Dairy Valley, and its transformation into Cerritos marks a significant evolution in its identity as a city. As a community, Cerritos is highly regarded for its quality of life, encompassing factors such as education, safety, and recreational opportunities.
Future Prospects
The leadership within Cerritos is hopeful for sustained economic growth and further development through the efforts of the revived Economic Development Commission. The strategic focus on enhancing the business landscape is expected to yield benefits for both current and future residents.
FAQ Section
- What is the purpose of the Economic Development Commission in Cerritos?
- The Economic Development Commission serves as an advisory body to the City Council and aims to stimulate economic growth and support local businesses.
- When was the Economic Development Commission reestablished?
- The commission was reestablished by ordinance in June 2024.
- What significant business event took place on August 27, 2024?
- Golden Star Technology, Inc. (GST) celebrated its 40th anniversary with a grand re-opening.
- What new businesses have recently opened in Cerritos?
- Chubby Cattle, a Wagyu barbecue restaurant, recently opened, and Tokyo Central/Marukai is set to open at the former Pacific Sales site.
- What is the population size of Cerritos?
- The city has approximately 50,000 residents.
Summary Chart of Key Features
| Feature | Description |
|---|---|
| Economic Development Commission | Advisory body to the City Council aimed at stimulating economic growth. |
| GST Anniversary | Golden Star Technology, Inc. celebrated 40 years with a grand re-opening. |
| ASCIP Headquarters | New headquarters for Alliance of Schools for Cooperative Insurance Programs. |
| New Dining Options | Chubby Cattle and Tokyo Central/Marukai are among new arrivals in Cerritos. |
| Population | Approximately 50,000 residents in Cerritos. |
Deeper Dive: News & Info About This Topic
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- Talon Marks: Economic Summit Seeks to Build a Better Future
- Encyclopedia Britannica: Cerritos
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