FEB. 27, 2001

CONTACT: Mike Stepanovich, 661/664-2456, mstepanovich@csub.edu


CSUB hosts econ summit

One of Gov. Gray Davis' key cabinet officers will give the keynote address at the first Kern County Economic Summit hosted by California State University, Bakersfield and the Kern Economic Development Corp.

Lon Hatamiya, secretary of the California Technology, Trade and Commerce Agency, will share his views on the state's economy and Kern County's role in it on March 29 at CSUB. The California Technology, Trade and Commerce Agency is the state's principal promoter of economic development, job creation and business retention efforts.

Hatamiya advises Davis on all matters related to commerce and trade, while serving as the voice of California business within the state cabinet. In addition, he directs numerous programs that stimulate economic activity for international trade and investment, small business, rural development, tourism, manufacturing, entertainment, and an array of other California-based industries.

Additionally, under Hatamiya, the agency has added a Division of Science, Technology, and Innovation (DSTI), designed to ensure that California remains the leader in the research, development and commercialization of new technologies.

Prior to his appointment, Hatamiya served as the administrator for the Foreign Agricultural Service in the U.S. Department of Agriculture. While there he led a worldwide agency that promotes the growth of exports of American agricultural, fish, and forest products. Additionally, he oversaw the USDA's obligations concerning international trade agreements, negotiations, and trade policy development.

Hatamiya also served as administrator of USDA's Agricultural Marketing Service from 1993 to 1997. During his tenure, Agricultural Marketing Service received two "Hammer Awards" from the National Performance Review. The awards recognize increased efficiency and cost savings within a federal program.

In addition to his experience in public service, Hatamiya was also the founder and president of an international management-consulting firm, practiced law for a national law firm, and worked for both the Procter & Gamble Co. in Cincinnati, and the Sony Corp. in Tokyo.

Hatamiya graduated from Harvard University, with a bachelor's degree in economics. In addition, he earned his masters of business administration in international business and entrepreneurial studies from the Anderson Graduate School of Business at the University of California, Los Angeles, and his law degree from the UCLA School of Law. He currently resides in Davis with his wife, Nancy, and their two sons.

Hatamiya's address and the observations of the panelists will provide Kern County Economic Summit attendees information on the state of the local economy, and present expert perspectives on how regional, state and national issues affect local economic growth and development.

"The purpose of the summit is twofold," KEDC President Patrick Collins said. "We want to provide a vehicle for better understanding the strengths and weaknesses of our local economy within the context of larger economies, and to discuss the ways we can bring about and sustain economic prosperity to our region, which is experiencing rapid population growth."

Abbas Grammy, CSUB economics professor and chair of the Economics Department, echoed Collins. "The summit will provide an opportunity to learn how the key economic sectors help Kern County create jobs and achieve prosperity. Also, the summit will present perspectives on the strategies of economic development that would benefit the community."

The summit will begin at 7:45 a.m. with a continental breakfast, followed by welcoming remarks by CSUB President Tomas Arciniega and KEDC board Chairman Brent Dezember.

Grammy will then present his findings on "The State of the Economy" in Kern County. His report will summarize the information in the next issue of the Kern Economic Journal, which will be a special issue focusing entirely on Kern's economy. Copies of the Kern Economic Journal, which is published quarterly by the Center for Economic Education and Research at CSUB, will be provided to attendees. Grammy is the journal's editor.

Two panel discussions will follow:

Perspectives on economic issues will examine national, state, regional and local outlooks, with observations by Bharat Trehan senior economist at the Federal Reserve Bank of San Francisco, Jeanette Garretty, senior vice president, Bank of America Private Bank; Susan Hood, vice president-operations, State Farm Insurance Cos.; and Collins. Panel moderator is CSUB economics professor Craig Gallet.

Economic development in Kern County will look at the different economic engines in Kern: energy, manufacturing, agriculture and technology. Panel members are energy, Gene Voiland, president/CEO, Aera Energy LLC; manufacturing, Mike Miller, president, Kern Tech; agriculture, Jeff Green, general counsel, Grimmway Farm; technology: Michael Galloway, president, webBASIS. Panel moderator is CSUB economics professor Sriram Khe.

Anyone who is interested in Kern County's economic development is invited to attend, both Collins and Grammy said. Registration is $30 in advance, or $50 at the door, and includes breakfast and lunch. However, they said, space is limited so those interested in attending should get their reservations in early. Mail checks payable to CSUB Foundation to Grammy at CSUB Economics Department, 9001 Stockdale Highway, Bakersfield 93311-1099.

For more information, please call Dawn Carlon at CSUB, (661) 664-2460, dcarlon@csub.edu; or Rory Davies at KEDC, 661/862-5150, daviesr@kedc.com.



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