The town of El Segundo dates back to the early 20th Century when Standard Oil Company built the second of its west coast oil refineries in the city. In 2017, the town was incorporated as “El Segundo”, which means “the second” in Spanish, in honor of the Standard Oil venture.
Following the city’s incorporation, several other business ventures quickly followed. In the 1920s alone, iconic companies such as General Chemical, Honeywell, and Allied all built manufacturing plants in El Segundo. The 1930s saw an increase in aerospace manufacturing, leading to El Segundo playing a major role in the manufacturing of aircraft equipment and dive bombers during World War II.
Today, several defense aerospace contractors still have a presence in El Segundo and are among the town’s largest employers. These companies include Northrop Gruman, Raytheon Space and Airborne Systems, and The Aerospace Corporation. Other notable companies include Chevron, Internet Brands, and Guthy-Renker. Not only have these companies solidified the area as a fantastic place for similar companies, but also as a wealth of opportunity for companies that can serve the needs associated with such technical work. This continues to drive the growth of El Segundo today and bring in new small and medium sized businesses routinely.
Despite having its own city government, El Segundo is widely considered a suburb of Los Angeles. This could be due to its proximity to Los Angeles International Airport. In general, the airport forms El Segundo’s southern border, providing easy access to destinations across the country or around the world. Since it is directly on the Pacific Ocean, many people often pass through El Segundo on their way to other destinations along the Pacific Coast Highway such as Ventura or San Francisco. This passway also offers a strong open route for businesses to connect themselves to the surrounding area. Its ease of access along with the strong aerospace and tech industries make El Segundo a perfect place for new businesses to settle down.
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