Why should we stop at just two, here's more:
193 Businesses Leave California in 2010: 4X Previous Year
Posted on December 31, 2010 by Jane Jamison|
Here is the price of a failed liberal tax-and-spend policy. Businesses go away. The economy implodes. Based on these figures alone, there can only be a gloomy forecast for the California economy of 2011.There are not enough taxPAYERS in California, but with a $21 billion deficit, all that the propeller-heads in Sacramento can think of is to tax and tax the few that are left.
Get ready for it, California. Jerry Brown, the legislature and the (unelected) California Air Resources Board are going to raise and raise the cost of everything you do and need.
Read below the record-breaking numbers of how many jobs and businesses have left the state in one year….193 …..that is FOUR TIMES the amount of the year before.
Especially note the 35 new announcements since the November 2 election, does that seem to be an “endorsement” of Jerry Brown and the Democrats?
The sobering year-end report from Joe Vranich the Business Relocation Coach:
Part I: New Record for Calif. Companies Departing or Shifting Work Out: 193 -Nearly Four Times Last Year’s Level
In the eight weeks since my last compilation, another 35 companies have left California completely or re-directed substantial capital to build facilities out of state that in an earlier era would have been built here. The names of the companies and justifications for listing them appear below. Today’s entry builds upon the Oct. 12 entry regarding 158 companies here.
In brief:
Company total for 11-1/2 months of 2010: 193
Company total for all of 2009: 51
UPDATE: Because of these developments, yours truly was interviewed this morning on “Varney & Co.” on the Fox Business Network. See “193 Companies Say ‘So Long’ to California in 2010.”
The totals in Part III: County-by-County Losses For California Disinvestment Events (updated) reflect these 35 additional events. The order of losses based on the number of events is as follows: Santa Clara experienced nine disinvestment events; Los Angeles, five; Orange and San Diego, three each; Alameda and Ventura, two each; and one each for Butte, Napa, Placer, San Bernardino, San Joaquin, San Luis Obispo, San Mateo, Shasta, Solano, Stanislaus counties. One company considering California opted for another state, Arizona, and therefore rejected one or more counties; however, we have no way of know which counties they were.
For those who want more context, see also:
Part II: Examples of Companies Excluded From California Disinvestment Event Listings (updated).
Part IV: States, Countries That Gain From California Disinvestment Events (updated)
Part V: California Disinvestment Events By Category or Type (updated)
Part VI: Why California Disinvestment Events Are Greatly Understated (updated).
Video (4 minutes): Common Sense – Top Ten Reasons Why California Companies Are Calling the Moving Companies
Added to the list of 158 companies are these 35:
ALAMEDA COUNTY
2010 Events Reported for 1st Time Here Today: 2
Comcast is eliminating 212 jobs in Livermore as part of a move to shift its centralized collection operations out of California to Sandy, Utah, south of Salt Lake City. The job eliminations are set to begin in January and end by June. The new Utah operation will serve Comcast customers from California and Washington state. Comcast will retain a major presence in the East Bay even though a minor downsizing is coming in other sections of the company’s East Bay operations. According to the Oakland Tribune: “One industry watcher wasn’t surprised that Comcast is finding it more efficient to operate in Utah than California. It’s tough for a private industry that is located in California — which has a high cost of living — compared with other states, said Gino Di Caro, a spokesman for the California Manufacturers and Technology Association. ‘Companies can’t compete,’ Di Caro said. ‘We have energy rates that are 50 percent higher than the rest of the country. We have regulatory uncertainty. It’s very hard for companies to make decisions to invest in California.’” See the Nov. 23, 2010, story “Comcast cutting 212 jobs in Livermore in shift to Utah.” (RELO-OS)
Insituform Technologies of San Leandro, a maker of pipe products, is relocating its Bay Area factory to Cedar City, Utah. Only details are in a brief mention in an AP story in the Salt Lake Tribune, Oct. 10, 2010, “California company relocating to Cedar City.” Insituform is a world-wide company HQ’d in Chesterfield, Missouri, that specializes in sewer and drinking water system renovation and recently expanded into industrial piping services. According to the St. Louis Post-Dispatch, the company is positioning itself in developing economies to take advantage of growing infrastructure demand: “In the past two years, it has expanded into Singapore, Hong Kong and Australia, and . . . is exploring work in China and Southeast Asia.” See the Aug. 15, 2010, story “Insituform is shaping a solid future – Chesterfield firm goes global, led by an acquisition and expansion of industrial piping” (through NewsBank; subscription required). (CLO and RELO-OS)
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BUTTE COUNTY
2010 Events Reported for 1st Time Here Today: 1
Smucker Natural Foods plant in Chico will move an undetermined number of jobs in marketing, accounting and customer service to Orrville, Ohio by mid-2011. As many as 25 positions are involved, but it isn’t known how many are in Chico or how many are in Ripon, Wisconsin, which also will lose jobs. See the Chico Enterprise-Record Oct. 6, 2010, story “Chico Smucker Natural Foods plant to lose jobs” For some historical perspective, three years ago local citizens were unsuccessful in blocking a 22,000 square-foot expansion, a $3 million project, for refrigeration and additional parking. See story in the same newspaper, Feb. 27, 2007, “Neighbors denied appeal to block Smucker expansion.” and another that said a four-to-six month delay in receiving a project permit could cost the company $200,000, but it appears delays lasted longer than that. See the July 25, 2006, story “Smucker ordered to get permit for project.” Also, for a little more history, the Monterey County Herald reported that Smucker closed its Salinas plant in 2005 that eliminated 169 jobs. See the Nov. 30, 2004, story “Smucker plant to close next year” (all stories through NewsBank; subscription required). (RELO-OS)
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LOS ANGELES COUNTY
2010 Events Reported for 1st Time Here Today: 5
Accruent, based in Santa Monica, which develops real estate-related software, expanded by opening an office in Austin, Texas, for product management and engineering — the kinds of software jobs that typically have been placed in California — as well as operations and support. According to the Austin American-Statesman, the company, which also has an office in Irvine, expects to employ 50 people in Austin by the end of 2010. See the Aug. 18, 2010 story “As California tech firms get cozy in Austin, city woos more” (through NewsBank). The Greater Austin Chamber of Commerce initially brought this event to our attention. (CD-OSG)
Boeing Co. will close a C-17 aircraft parts warehouse in Carson and move part of the work to a Santa Fe Springs facility and part of it to San Antonio, Texas. Up to 200 jobs will be affected as the 300,000-square-foot facility closes down in phases through July 2011. The Daily Breeze reported that Boeing “is taking the steps necessary to increase competitiveness and reduce costs on the C-17 Globemaster III program.” Boeing said the savings will be “significant.” See the Nov. 17, 2010 story “Boeing to close Carson aircraft parts warehouse by next July.” (CLO and RELO-OS)
Cinsay, Inc., an e-commerce media and software company, HQ’d in Century City in West Los Angeles, opened an office in Austin, Texas, in March. The number of jobs is unknown. Cinsay maximizes how companies monetize online media by “leveraging the latest internet and mobile technology.” It supports, among other things, the online store for the World Series of Poker. We are grateful to the Greater Austin Chamber of Commerce for bringing this event to our attention. (CD-OSG)
Investor’s Business Daily, a Los Angeles-based publication and a publishing company is expanding its office, manufacturing, assembly and distribution operations to Plano, Texas, bringing more than 200 jobs to the area. According to the Dallas Business Journal, “Investor’s Business Daily, a national financial newspaper, and O’Neil Data Systems, an affiliated data-driven publishing company, have purchased a 218,000-square foot office/warehouse facility.” O’Neil Data Systems will use 190,000 square feet for the printing, assembly and distribution of a variety of publications. See the Dec. 1, 2010 story, “Investor’s Business Daily coming to Plano.” Earlier, the Dallas Morning News quoted Bill O’Neil, chairman of William O’Neil + Co., who owns the paper, that “It’s possible that we might move the headquarters there at some point, but it’s just an expansion move right now.” See that Sept. 26, 2010, story “Investor’s Business Daily’ could move headquarters to Plano.” (CD-OSG and RELO-OS)
Technicolor Inc. will shut down its plant in North Hollywood in 2011, and transfer work to a company facility in Mirabel, Canada, outside of Montreal. Technicolor will still provide some services in Los Angeles. It’s unclear how many jobs will be affected after negotiations with unions, but the move could result in 100 or more job losses. The Los Angeles Times reported that the company “has been repositioning itself in recent years to become more of a digital production services business” and has invested heavily in digital post production and visual-effects facilities in Bangalore, India, and London. See the Nov. 19, 2010 story “Technicolor to close North Hollywood film printing plant.” Variety broke the news on Nov. 18 in “Technicolor to shutter N. H’wood plant.” (CLO and RELO-OS)
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NAPA COUNTY
2010 Events Reported for 1st Time Here Today: 1
New Media Learning, a workplace compliance training firm HQ’d in Napa, opened an office in August in Austin, Texas, with 40 people. Details are difficult to come by, but among the jobs being placed in Texas is Director of Inside Sales who will “manage our growing inside team based both in Austin as well as across the U.S.” See that here. (CD-OSG)
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ORANGE COUNTY
2010 Events Reported for 1st Time Here Today: 3
(TWO companies included in one report here): Bubba Gump Shrimp Co., HQ’d in San Clemente, and Claim Jumper Restaurants, HQ’d in Irvine, have been acquired by Landry’s Restaurants of Texas. The Houston Chronicle reports that “Corporate offices for both Claim Jumper and Bubba Gump will close in California and be moved to Houston, adding about 200 jobs to this area.” See the Nov. 8, 2010, story, “Landry’s runs to buy Bubba Gump chain.” (RELO-OS)
Primoris Services Corp., a construction and engineering company HQ’d in Lake Forest, is moving its headquarters to Dallas, Texas. According to the Orange County Business Journal the county will lose a sizable public company with the move because Primoris has a market value of nearly $400 million. See the Nov. 9, 2010, story “Construction Company Primoris Moving to Texas.” The company said the move would be effective Jan. 17, 2011, and will involve the CEO, CFO, Executive Vice President of Corporate Development and other senior executives and staff members. (RELO-OS)
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PLACER COUNTY
2010 Events Reported for 1st Time Here Today: 1
TASQ Technology, Inc., HQ’d in Rocklin, is closing its HQ and warehouse and moving to Marietta, Georgia, where the company projects it will have as many as 350 jobs. Go to this link and click “Current Issue.” Also, the Atlanta Journal-Constitution reported that the move will occur over the next 18 months, presumably ending about September 2011. See the March 25, 2010, story “First Data moving jobs to Marietta About 350 positions within next 18 months” (through NewsBank). (CLO and RELO-OS)
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SAN BERNARDINO COUNTY
2010 Events Reported for 1st Time Here Today: 1
GE Aviation will close its long-time engine repair and testing facility located at the Los Angeles/Ontario International Airport in Ontario, Calif. According to the Cincinnati Business Courier, “The facility performed tests on engines after they were overhauled and repaired before being sent back to customers. . . . The testing facility, which has been open for 55 years, has been shrinking in size for years. At its peak employment, the site had more than 700 workers.” Eighteen jobs will be lost by the end of 2010. Read the Nov. 3, 2010 story “GE Aviation closing California facility.” (CLO)
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