Category Archives: Press Release

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…

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Press Release: Tejon Ranch 2017 Explorer Membership Program

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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…

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Kern County Approves Grapevine Master Planned Community

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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…

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TRC and Majestic Realty to develop spec industrial building

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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…

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Majestic Realty comes to Tejon Ranch Commerce Center

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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…

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Directors approve Tejon Mountain Village business plan

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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…

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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…

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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…

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

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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…

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Conservation Easements To Be Purchased – Covers 62,000 Acres

Tuesday, November 23, 2010 CALIFORNIA AGENCY APPROVES FUNDING OF CONSERVATION EASEMENTS OVER PARTS OF TEJON RANCH TEJON RANCH, CALIF. (November 18, 2010). Tejon Ranch Co. (NYSE: TRC) announced today the California Wildlife Conservation Board (WCB), has approved the purchase, for $15.8 million, of five conservation easements covering approximately 62,000 acres of land located on various…

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Rights Offering Very Successful

Wednesday, June 16, 2010 TEJON RANCH, Calif.–(BUSINESS WIRE)–Tejon Ranch Co. (NYSE:TRC – News) announced today that it raised $60 million, the maximum gross proceeds possible, through its just concluded rights offering. The rights offering concluded on June 14, 2010 and was extremely well received and oversubscribed to beyond the $60 million. Tejon previously offered transferable…

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Tejon Ranch Honored With California’s Highest Environmental Award

Thursday, October 01, 2009 FOR IMMEDIATE RELEASE TEJON RANCH CONSERVATION AGREEMENT WINS GOVERNOR’S AWARD Historic conservation pact receives prestigious environmental honor LOS ANGELES, Calif. (October 1, 2009) — Governor Arnold Schwarzenegger today announced that the Tejon Ranch Conservation and Land Use Agreement has won the Governor”s Environmental and Economic Leadership Award (GEELA) in recognition of…

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Tejon Mountain Village Unanimously Approved

Monday, October 05, 2009 FOR IMMEDIATE RELEASE Kern County Board of Supervisors Unanimously Approve Tejon Mountain Village Bakersfield, Calif. (October 5, 2009) – The Kern County Board of Supervisors has unanimously voted to approve development of Tejon Mountain Village, a remarkable mountain resort community planned for the westernmost high country of Tejon Ranch. The new…

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