Category Archives: Press Release

Kern County unveils new robust economic incentive program

TEJON RANCH CO. APPLAUDS ROBUST NEW KERN COUNTY ECONOMIC DEVELOPMENT INCENTIVE POLICY Newly approved policy will assist, grow, and diversify the county’s economic base, encourage employment opportunities, and create jobs for local residents   TEJON RANCH, CA – (November 8, 2017) – Tejon Ranch Co. (NYSE: TRC) today lauded the Kern County Board of Supervisors…

Continue reading

Read more

Tejon Ranch Co. announces successful completion of $90 million rights offering

TEJON RANCH, California, October 30, 2017 – Tejon Ranch Co. (NYSE: TRC) announced today that, based on the preliminary results of its just concluded rights offering, it anticipates raising $90 million, the maximum gross proceeds possible.  The rights offering concluded on October 27, 2017 and was extremely well received and oversubscribed with demand for shares…

Continue reading

Read more

Tejon Ranch Company Announces Commencement of Rights Offering to Stockholders

  TEJON RANCH, California, October 4, 2017 – Tejon Ranch Co. (NYSE-TRC) – Tejon Ranch Co. (“Tejon”) announced today that it has commenced the previously announced rights offering to raise gross proceeds of up to approximately $75 million.  Under the terms of the rights offering, Tejon has distributed, at no charge, to the holders of…

Continue reading

Read more

Environmental Impact Report released for Centennial at Tejon Ranch

LA COUNTY RELEASES DRAFT ENVIRONMENTAL IMPACT REPORT  FOR CENTENNIAL AT TEJON RANCH Consistent with the Antelope Valley Area Plan, Centennial will create  30,000 permanent jobs and a $31.1 million surplus to LA County. Tejon Ranch, Calif. (May 17, 2017) – The County of Los Angeles has released the Draft Environmental Impact Report (DEIR) for Centennial at…

Continue reading

Read more

2017 Explorer Membership Program Launched

JUST IN TIME FOR SPRING TEJON RANCH LAUNCHES 2017 EXPLORER MEMBERSHIP PROGRAM   Exclusive membership gives members access to more than 25,000 acres of breathtaking landscapes and extensive outdoor activities   TEJON RANCH, Calif. (March 20, 2017)– Tejon Ranch Co. (NYSE: TRC), a fully diversified integrated real estate company and agribusiness whose principal asset is…

Continue reading

Read more

Press Release: Tejon Ranch 2017 Explorer Membership Program

JUST IN TIME FOR SPRING TEJON RANCH LAUNCHES 2017 EXPLORER MEMBERSHIP PROGRAM Exclusive membership gives members access to more than 25,000 acres of breathtaking landscapes and extensive outdoor activities TEJON RANCH, Calif. (March 20, 2017)– Tejon Ranch Co. (NYSE: TRC), a fully diversified integrated real estate company and agribusiness whose principal asset is California’s historic…

Continue reading

Read more

Kern County Approves Grapevine Master Planned Community

KERN COUNTY BOARD OF SUPERVISORS UNANIMOUSLY APPROVES GRAPEVINE AT TEJON RANCH Master planned community will include 12,000 residential units and 5.1 million square feet of commercial development Bakersfield, CA (December 6, 2016) – With today’s 5-0 vote, the Kern County Board of Supervisors unanimously approved the development of Grapevine at Tejon Ranch, a new master planned…

Continue reading

Read more

TRC and Majestic Realty to develop spec industrial building

Tejon Ranch Co. and Majestic Realty Co. Finalize Development Agreement Joint venture to develop a 480,000-square-foot industrial building at the Tejon Ranch Commerce Center September 20, 2016 02:00 PM Eastern Daylight Time TEJON RANCH, Calif.–(BUSINESS WIRE)–Tejon Ranch Co. (NYSE: TRC) announced today that it has signed a joint venture agreement with Majestic Realty Co., the…

Continue reading

Read more

Majestic Realty comes to Tejon Ranch Commerce Center

TEJON RANCH CO. AND MAJESTIC REALTY CO. PARTNER TO PURCHASE BUILDING Companies form a Limited Liability Company to purchase a 651,909-square-foot industrial building at Tejon Ranch Commerce Center (Tejon Ranch, CA) — Tejon Ranch Co. (NYSE: TRC) announced today that it has entered into an agreement with Majestic Realty Co., the nation’s largest privately-held industrial…

Continue reading

Read more

Directors approve Tejon Mountain Village business plan

The Board of Directors of Tejon Ranch Co. (NYSE:TRC) has approved the detailed business plan that will guide the ultimate development and marketing of Tejon Mountain Village, the company’s upscale mountain residential/resort community that will be located in the westernmost high country of Tejon Ranch. The Board has also authorized the management team to move…

Continue reading

Read more

U.S. Fish & Wildlife Service Joins Tejon Ranch Company to Announce Tehachapi Uplands Multiple Species Habitat Conservation Plan

  Plan Allows for Development While Providing Protections to California Condor and 24 Other Species Tejon Ranch, Calif. — U.S. Fish and Wildlife Service Director Dan Ashe joined Tejon Ranch Company President and CEO Robert A. Stine and representatives from other partner agencies and conservation advocates at the company’s headquarters today to formally announce the…

Continue reading

Read more

Tejon Ranch Commerce Center adds Dollar General distribution center

TEJON RANCH TO SERVE AS THE HUB OF DOLLAR GENERAL’S WESTERN SUPPLY CHAIN Dollar General leases large warehouse facility to serve as its California distribution center TEJON RANCH, Calif. (January 10, 2012) – The partnership of Tejon Ranch Company (NYSE: TRC) and Rockefeller Group Development Corporation, together with Dollar General Corporation (NYSE: DG), today announced…

Continue reading

Read more

Caterpillar Inc. selects Tejon Ranch Commerce Center for new distribution center

Caterpillar to acquire 46 acres at Tejon Ranch Commerce Center to build new parts distribution warehouse New 400,000 SF California Distribution Center will serve Caterpillar dealers and customers throughout the West.  TEJON RANCH, Calif. (November 7, 2011) – Tejon Ranch Co. (NYSE: TRC) announced today that Caterpillar Logistics Inc. (Cat Logistics), a wholly owned subsidiary…

Continue reading

Read more