The University of California, Merced, has directly invested more than $1.1 billion into the San Joaquin Valley economy since the newest UC campus began start-up operations in July 2000, according to the campus’s Division of Business and Administrative Services.
The investment total represents an increase of $155 million over the past 12 months, the university reported. It includes the cumulative value of all wages and benefits paid, construction contracts awarded, and goods and services purchased within the San Joaquin Valley through August 2014.