Cerritos, California, September 23, 2025
News Summary
Cerritos, California, is taking significant steps to strengthen its economy with the revival of the Economic Development Commission and multiple new food business openings. Mayor Frank Aurelio Yokoyama announced these developments in a recent report, highlighting the city’s commitment to fostering a supportive environment for both established companies and new ventures. Notable openings include Chubby Cattle, a Wagyu barbecue restaurant, and the headquarters of ASCIP. The city’s diverse City Council reflects its demographic makeup and dedication to economic growth.
Cerritos, California officials are emphasizing their commitment to strengthening the city’s economy as multiple new food businesses open and the Economic Development Commission is revived. This five-member commission, which serves as an advisory body to the City Council, was formally reestablished by ordinance in June 2024 and reconvened earlier this month, reflecting the administration’s strategic goal of fostering an environment for both established businesses and new ventures to thrive.
In his latest Mayor’s Report, Mayor Frank Aurelio Yokoyama highlighted the commission’s revival, which aligns with Cerritos’ recent economic milestones celebrating longstanding companies while welcoming new businesses. Notably, Golden Star Technology, Inc. (GST) celebrated its 40th anniversary with a grand re-opening on August 27, 2024. Based in Cerritos since 1992, GST showcased new warehouse space and employee amenities during the event.
The following day, city officials held a ribbon cutting for the new headquarters of the Alliance of Schools for Cooperative Insurance Programs (ASCIP). ASCIP is a nonprofit that provides insurance and risk management services to schools throughout California.
New dining options in Cerritos have also marked the city’s expanding business landscape. Chubby Cattle, a Wagyu barbecue restaurant, opened recently at 11203 183rd St. in Plaza 183. Meanwhile, Tokyo Central/Marukai is set to open at the former Pacific Sales site in Cerritos Towne Center, as previously announced in the mayor’s State of the City address in June.
Cerritos is located in southeastern Los Angeles County and has a population of approximately 50,000. It was incorporated in 1956 as Dairy Valley and renamed in 1967. The city is recognized for its strong business climate, award-winning schools, cultural institutions, and parks. Major landmarks include the Cerritos Center for the Performing Arts and Cerritos Towne Center.
The city’s all-Asian American City Council reflects the diverse demographic makeup of Cerritos and aims to enhance economic development through supportive initiatives.
The recent developments emphasize the city’s ongoing efforts to create a favorable environment for business and community growth, demonstrating Cerritos’ commitment to maintaining its reputation as a sought-after location for both new and established enterprises.
FAQ
What is the role of the Economic Development Commission in Cerritos?
The Economic Development Commission serves as an advisory body to the City Council.
When was the Economic Development Commission reestablished?
The commission was formally reestablished by ordinance in June 2024 and reconvened earlier this month.
What significant events recently occurred in Cerritos to mark economic growth?
Cerritos celebrated the 40th anniversary of Golden Star Technology, Inc. (GST) with a grand re-opening and held a ribbon cutting for the new headquarters of the Alliance of Schools for Cooperative Insurance Programs (ASCIP).
What new dining options have opened in Cerritos?
Chubby Cattle, a Wagyu barbecue restaurant, has opened at 11203 183rd St. in Plaza 183, and Tokyo Central/Marukai is set to open in Cerritos Towne Center.
What is the demographic makeup of Cerritos?
Cerritos has an all-Asian American City Council, reflecting the demographic makeup of the city.
Key Features of Cerritos Economic Growth
| Feature | Description |
|---|---|
| Economic Development Commission | Revived five-member advisory body to the City Council. |
| Recent Business Celebrations | Golden Star Technology, Inc. celebrated 40 years with a re-opening; ASCIP headquarters officially opened. |
| New Dining Options | Chubby Cattle Wagu barbecue restaurant opened; Tokyo Central/Marukai to open in Cerritos Towne Center. |
| Population | Approximately 50,000 residents. |
| City Demographics | All-Asian American City Council representing the local demographic. |
Deeper Dive: News & Info About This Topic
- Asian Journal: Cerritos Recommits to Economic Growth
- Public CEO: Strategic Planning Process for Cerritos
- Asian Journal: Cerritos 2025 Election Results
- News Bulletin: Los Lunas Village Councilors Question Economic Plan
- Talon Marks: Economic Summit for a Better Future
- Wikipedia: Economic Development
- Google Search: Cerritos, California
- Google Scholar: Cerritos Economic Growth
- Encyclopedia Britannica: Cerritos
- Google News: Business in Cerritos
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