Cerritos, California, September 23, 2025
News Summary
Cerritos city officials are taking significant steps to boost the local economy by reviving the Economic Development Commission and introducing new businesses. The recently reestablished commission aims to support economic growth as evidenced by the 40th anniversary celebration of Golden Star Technology, Inc. and the opening of new dining options like Chubby Cattle. These initiatives reflect the city’s commitment to enriching its business environment and fostering community development.
Cerritos, California – City officials are intensifying their efforts to enhance the local economy, evidenced by the revival of the Economic Development Commission and the recent opening of multiple new food businesses. The five-member commission serves as an advisory body to the City Council and was formally reestablished by ordinance in June 2024, with a reconvening occurring earlier this month. Mayor Frank Aurelio Yokoyama emphasized the importance of the commission’s revival in his latest Mayor’s Report, signaling a renewed commitment to fostering economic growth in Cerritos.
The city marked notable economic milestones this month by celebrating both longstanding companies and new ventures. Golden Star Technology, Inc. (GST), which has been a fixture in Cerritos since 1992, celebrated its 40th anniversary with a grand reopening on August 27, 2024. The event showcased the company’s expanded warehouse space and improved employee amenities, highlighting its continued investment in the local community.
Just a day after GST’s celebration, city officials participated in a ribbon-cutting ceremony for the new headquarters of the Alliance of Schools for Cooperative Insurance Programs (ASCIP) on August 28, 2024. ASCIP is a nonprofit organization that provides insurance and risk management services to educational institutions throughout California.
Additionally, Cerritos has welcomed new dining options aimed at enriching the local culinary scene. Among them is Chubby Cattle, a Wagyu barbecue restaurant that recently opened at 11203 183rd St. in Plaza 183. Another anticipated dining establishment is Tokyo Central/Marukai, which is set to open at the former Pacific Sales site in Cerritos Towne Center, an announcement made in Mayor Yokoyama’s State of the City address in June.
Located in southeastern Los Angeles County, Cerritos has a population of approximately 50,000. The city was originally incorporated in 1956 as Dairy Valley and was renamed Cerritos in 1967. Known for its robust business climate, award-winning schools, cultural institutions, and well-maintained parks, Cerritos is home to key landmarks such as the Cerritos Center for the Performing Arts and Cerritos Towne Center, both of which serve as focal points for community activity and commerce.
The current City Council, which consists entirely of Asian American members, reflects the cultural makeup of Cerritos and is dedicated to creating an environment conducive to the growth of both established businesses and newcomers. The strategic goal of enhancing economic development remains a critical initiative for the city administration, reinforcing the commitment to progress and innovation.
Key Highlights of Economic Development in Cerritos
- Revival of the Economic Development Commission as of June 2024.
- Celebration of Golden Star Technology’s 40th anniversary.
- Opening of ASCIP’s new headquarters.
- Introduction of new dining venues like Chubby Cattle and the upcoming Tokyo Central/Marukai.
Background on Cerritos
Cerritos is recognized for its strong business climate and community amenities. The city is actively promoting initiatives that encourage economic and cultural development while maintaining a vibrant community environment conducive to both residents and business owners.
| Feature | Detail |
|---|---|
| City | Cerritos |
| Location | Southeastern Los Angeles County |
| Population | Approximately 50,000 |
| Incorporated | 1956 (as Dairy Valley) |
| Renamed | 1967 |
| New Openings | Chubby Cattle, Tokyo Central/Marukai |
| Key Milestones | GST 40th Anniversary, ASCIP Headquarters Ribbon Cutting |
Deeper Dive: News & Info About This Topic
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Author: STAFF HERE CORONADO
The Coronado Staff Writer represents the experienced team at HERECoronado.com, your go-to source for actionable local news and information in Coronado, San Diego County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Coronado Island Film Festival, productions at Lamb’s Players Theatre, community workshops at John D. Spreckels Center, and iconic celebrations at Hotel del Coronado. Our coverage extends to key organizations like the Coronado Chamber of Commerce and Visit Coronado, plus leading businesses in hospitality, dining, and tourism that drive the local economy. As part of the broader HERE network, including HERESanDiego.com, HEREHuntingtonBeach.com, HERELongBeach.com, and HERELosAngeles.com, we provide comprehensive, credible insights into Southern California's dynamic landscape.
