Welcome to Episode Nine of the Tejon Ranch History Podcast. By 1860, Tejon Ranch was the largest settlement in Southern California. However, it would soon become deserted. With the American Civil War starting in 1861, troops were diverted to battlefields across the country. Pleas from Ranch residents and leaders to keep the Ranch guarded were ignored. By 1861, every mule and wagon was loaded up by the U.S. Army and marched out as residents of Tejon Ranch sadly watched. It was a challenging time for the Ranch needless to say and many changes were now on the horizon. Listen to learn more!
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Come visit and wander with us this winter!
Don’t let winter slow you down and prevent you from visiting Tejon Ranch. In fact, we encourage you to visit us during the winter. If you belong to our Explorer Membership you can access our thousands of acres of stunning hills and valleys—all changing for the upcoming winter. Before you visit, check out how to prepare and what sights you’ll be able to see this winter, written by our own Mike Campeau.
There’s a chill in the air. Yes, it will be colder, but only on some days. This being California, most of the winter days at Tejon Ranch tend to range in the high 60s to low 70s (try explaining that one to your east coast relatives). Tejon Ranch is located in what I call the “Bermuda Triangle” of weather. We are located at the convergence of the Sierra Nevada mountain, the Mojave Desert and the California coast—and the weather can change here in a heartbeat because of that.
Be prepared for any kind of weather. Dress in layers. And, since our weather can change—it might be warm in the morning, but by afternoon it could be raining—dress so you can strip down or add clothing. If you’re out and about and it starts to rain and get swampy, cut your hike short and get back to base.
Take in the changing landscape. California is often accused of not having four seasons. That’s not the case here at Tejon Ranch. As winter approaches (and rains come—at least during previous seasons) the foliage falls off the tress, the grassy hills and valleys turn bright green, and the sun is out and bright. This is the perfect combination for a hike or our popular trail rides with your favorite horse, or one of ours.
Our wildlife changes, too. The animals at Tejon Ranch tend to congregate this time of the year. For instance, our elk gather in large “bachelor” groups, providing more presence for guests and more opportunities to take pictures of them and other animals on the Ranch.
Enjoy our snow. Tejon Ranch is never going to be a major skiing destination but we do provide some fun snowy activities (when we have snow). Many visitors have used snow discs for gentle, family friendly snow sledding, built snowmen, and used our beautiful snowy hills and valleys to take some amazing winter photographs.
We hope you visit us this winter. Remember, dress appropriately, be prepared, bring a camera (it’s hard to believe we’re only 90 minutes from Southern California) to take some spectacular winter photos, and most importantly, have fun and get outside.
For more information on joining our Explorer Membership and getting access to the ranch to hike (as well as biking, camping, photography and other fun activities) contact Christine Hollis at (661) 663-4284 or chollis@tejonranch.com
Welcome to Episode Seven of the Tejon Ranch History Podcast. Listen how Tejon Ranch’s founder Edward Fitzgerald Beale returned to the Ranch amidst a movement to construct a wagon road from the eastern U.S. —eventually passed by Congress. And, since Beale had experience in exploring the Southwest, he was considered the ideal choice to survey the new route. The introduction of camels to Tejon Ranch in 1857—and the reaction of Beale and the soldiers—also played an important role. Listen in to learn more!
Welcome to Episode Six of the Tejon Ranch History Podcast. This episode focuses on the waning years of the California gold rush, its positive (and not-so-positive) effects on California, as well as Ranch founder General E.F. Beale’s continuing relationship with local tribes and sometimes tenuous relationship with the Federal government. The big news though: Beale convinces the U.S. Army to establish a military presence in the Tejon region to “keep the peace” between settlers and native Americans and guard a major road though Grapevine Canyon. This will lead to Tejon becoming the third largest settlement in Southern California and set the stage for years to come. Listen in to find out what happens next!
Welcome to Episode Five of the Tejon Ranch History Podcast. This episode focuses on the continuing gold rush and Tejon Ranch’s legacy. The main roads that led to the gold fields cut through Tejon Ranch. The roads could be dangerous as California was still wild and there were skirmishes between settlers and the various tribes in California. Ranch founder Edward Fitzgerald Beale was brought it to broker peace, and because of his relationship with the tribes, which was based on mutual respect, he was successful. However, the federal government didn’t take too kindly to Beale’s and the local population’s relationship. This relationship ultimately held ramifications for Beale, the local Indians and what was to come next.
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 for yesterday’s approval of a new Kern County Economic Development Incentive Policy as part of AdvanceKern, a partnership with the Kern Economic Development Corporation. The new policy gives the county flexibility to craft significant incentive packages to attract quality new businesses to the county.
“We are thrilled that the Board of Supervisors approved the policy and look forward—along with the rest of the county–to the new business opportunities it will provide,” said Barry Zoeller, Tejon Ranch Co.’s vice president of corporate communications and investor relations. “The new economic incentives outlined in the revised policy will have a transformative effect on the region and provide us with the same opportunity as other cities such as Fresno and Los Angeles to draw large-scale employers to Kern County and Tejon Ranch and ultimately create more jobs for Kern County residents.”
The Tejon Ranch Commerce Center (TRCC), a 1,450-acre active master-planned development that includes industrial, retail, food, fuel, and hospitality amenities, contains some of the largest parcels of entitled land in unincorporated Kern County and provides an ideal location for companies seeking to make use of the new incentives.
More than 15 million square feet of space is currently available at TRCC for companies seeking distribution, light manufacturing, and e-commerce fulfillment space, with additional room for destination retail to complement the existing award-winning Outlets at Tejon. Existing industrial tenants at TRCC include IKEA, Dollar General, Caterpillar, and Famous Footwear. Businesses at TRCC employ upwards of 4,000 people depending on the season.
A new Class A cross-dock industrial building was recently completed at TRCC. This new spec building, encompassing more than 480,000 square feet of space, provides near immediate access to Interstate 5, California’s principal north/south highway, and could serve nearly 90 percent of California consumers within a single-day truck turn and more than 40 million people for next day delivery service.
Targeted industry cluster groups outlined in the policy include value-added agriculture, energy and chemicals, transportation, logistics, warehousing, manufacturing, e-commerce, destination retail, business and professional services, tourism (including hospitality-oriented services), recreation and entertainment, health services and medical technologies, and aerospace and defense.
“These clusters represent outstanding opportunities for Kern County, and for Tejon Ranch, as many fall in our core offerings,” added Zoeller. “This new policy provides us a competitive advantage in attracting business to Tejon Ranch and creating jobs for county residents.”
About Tejon Ranch
Tejon Ranch Co. (NYSE: TRC), is a diversified real estate development and agribusiness company, whose principal asset is its 270,000-acre land holding located approximately 60 miles north of Los Angeles and 30 miles south of Bakersfield. More information about Tejon Ranch Co. can be found online at http://www.tejonranch.com.
About Tejon Ranch Commerce Center
The Tejon Ranch Commerce Center is located at the junction of Interstate 5 and Highway 99, at
the southern end of the San Joaquin Valley, approximately 70 minutes north of Los Angeles.
The 1,450-acre industrial/commercial complex is already home to major distribution centers for
Caterpillar, Dollar General, Famous Footwear, and IKEA.
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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 more than doubling the total rights shares available through the offering. Tejon previously offered transferable rights to purchase 4,173,067 shares of its common stock at a purchase price of $18.00 per share to stockholders of record as of October 4, 2017. In addition, Tejon has the option to issue an additional 833,333 shares to honor over-subscription requests. The $90 million of capital that is anticipated being raised will include the release of 826,933 over-allotment shares and, as a result of the offering, the Company will issue 5,000,000 new shares of common stock. A total of 25,873,235 shares of common stock will be outstanding once all new shares have been delivered.
“The Company and its Board of Directors are appreciative of the continued support of our current and new shareholders,” said Gregory S. Bielli, President and CEO. “Investing the maximum amount possible and, in fact, subscribing for more than twice the shares available, is evidence of their confidence in Tejon Ranch Co. These new capital proceeds will help us maintain our strong balance sheet as we move forward with the completion of our entitlement and land development activities.”
The net proceeds of the offering will be used to provide additional working capital for general corporate purposes, including to fund general infrastructure costs and the development of buildings at Tejon Ranch Commerce Center, to continue forward with entitlement and permitting programs for the Centennial at Tejon Ranch and Grapevine at Tejon Ranch communities and costs related to the preparation of the development of Mountain Village at Tejon Ranch.
About Tejon Ranch Co.
Tejon Ranch Co. is a diversified real estate development and agribusiness company, whose principal asset is its 270,000-acre land holding located approximately 60 miles north of Los Angeles and 30 miles south of Bakersfield.
More information about Tejon Ranch Co. can be found online at http://www.tejonranch.com.
Forward Looking Statements
This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These include, without limitation, our statements contained above regarding the proposed rights offering, and other statements that are not historical facts. These statements involve risks and uncertainties that could cause actual results and events to differ materially, including the possibility that the rights offering may be cancelled before it closes. For a discussion of further risks and uncertainties related to Tejon’s business, please refer to our public company reports and the Risk Factors enumerated therein, including our Annual Report on Form 10-K for the year ended December 31, 2016 and subsequent reports, filed with the SEC. Tejon undertakes no duty to update any forward-looking statement to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statements are based.
Welcome to Episode Four of the Tejon Ranch History Podcast.
Between 1843 and 1846, the Mexican government encouraged settlement by awarding hundreds of land grants in California. One of these five ranchos, Tejon, helped formed the nucleus of what is now today as Tejon Ranch. The average grant size was roughly 49,000 acres, and even though the land was free, it still proved difficult for settlers. Enter, Kit Carson. Listen to find out what happened next. (Here’s a hint: gold!)
Episode three of our newly launched history podcast is up! Sharing excerpts from the book, Tejon Ranch: Preserving the Legacy of a California Treasure, this episode explores dragoons, San Diego, Californios, San Pasquel, and a battle that wasn’t expected. One name that stands out in this episode? Edward Fitzgerald Beale, the founder of Tejon Ranch. Listen, learn and enjoy!
Welcome to episode two of our new podcast series about the land and legacy of Tejon Ranch. In this episode, Barry Zoeller explores the early beginnings of the Ranch, including Spanish explorers, native Americans, and the natural beauty of the land that played a role in the settling of the Tejon Ranch.
Hope you enjoy this podcast about the legacy of Tejon Ranch as it’s tied to the history California.
Episodes are excerpts from the book, Tejon Ranch: Preserving the Legacy of a California Treasure.
