The population of Torrance, CA is just over 142,000, with a median household income of $66,999 per year. Torrance boasts the famous Del Amo Fashion Center, one of the largest malls in the United States, and Madrona Marsh, a nature preserve on undeveloped land once set aside for oil drilling.
Torrance also enjoys a solid reputation among the military and entertainment sectors. Its popular Armed Forces Parade is hosted in mid-May every year. Also, several Torrance high schools have been used as locations in movies and television series. Every fall, Oktoberfest is held at Alpine Village, a European-style restaurant, market, and shopping complex.
On the commerce and industry front, Torrance is home to corporations that sell everything from automobiles to bread. Here are a few of the businesses that have a major presence in Torrance:
- ExxonMobil refinery
- Toyota Motor Sales, U.S.A.
- American Honda Motor Company
- King's Hawaiian
- Lakai footwear
The future for economic development in Torrance looks bright. Recent initiatives aimed at attracting businesses include the expansion of a Political Action Committee and lobbies for increased Congressional funding.
Sources:
- California Government Web Site
- Torrance Area Chamber of Commerce
- US Census Bureau, American Fact Finder
- US Bureau of Economic Analysis
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