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Old 05-03-2014, 12:20 PM
 
Location: On the water.
21,629 posts, read 16,162,270 times
Reputation: 19703

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Unfortunately:
Quote:
the state continues to attract more manufacturers and create more jobs than almost any other. The numbers don't lie:

Think California is bad for business? Think again. - latimes.com
Quote:
Unlike Texas, however, California can no longer absorb the kind of growth that characterized the state through the 1980s. Its enormous population strains its infrastructure and safety-net programs, demanding ever-larger investments in roads, water, schools and healthcare. Its topography traps smog, requiring costlier efforts to clean emissions.

Think California is bad for business? Think again. - latimes.com
Quote:
cost is just one of the factors businesses consider when deciding where to locate (or stay). Another is proximity to suppliers and customers.

Think California is bad for business? Think again. - latimes.com
Quote:
While Toyota and Occidental are sending employees out of state, other companies are moving operations in. For example, Boeing plans to move 1,000 engineering jobs to Long Beach and Seal Beach. Manufacturers have actually added jobs in California for three consecutive years, reversing a 10-year slide. They've done so, though, more through smaller investments and new businesses than through the kind of headline-grabbing moves Texas Gov. Rick Perry likes to tout.
The brightest spots are the state's ability to incubate new companies and tech innovators, putting its businesses in the vanguard of new industries as they emerge (see, for example, wireless computing and biotechnology). California businesses grab the lion's share of venture capital investments in the U.S., and they were responsible for more than a quarter of all patents issued domestically last year. Upstarts sprout or transplant themselves here because of the talent pool and the cluster of related businesses that can help them develop their products and services. The state's investment in its universities over the years has been crucial to sustaining these advantages.


Think California is bad for business? Think again. - latimes.com
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