The San Fernando Valley is located in Southern California in the northern portion of Los Angeles County. The Valley has come a long way since the beginning of the 20th century when its fertile ground not only nourished the development of California's citrus industry, but also the state's fledgling movie and aviation industries. Today, the San Fernando Valley has grown into the world's center for entertainment and a major supplier for aerospace and defense related technologies, financial services, health care and high-tech manufacturing.
In a report about Los Angeles County's most profitable companies, the Los Angeles Business Journal declared that " . . . the San Fernando Valley is a regional powerhouse." The Journal noted that the Valley is home to more highly profitable public companies than the traditional business centers of Downtown L.A., the Wilshire Corridor, and the L.A.'s West Side combined.