Saturday, October 2, 2010

More Companies Abandon the Sinking Ship, California

Nevada News & Views reports:

Computer software giant Adobe, computer game monster EA Games, and Internet auction king ebay are abandoning California to set up shop in Utah. Why? California’s horrid business climate and high taxes... These companies fleeing California’s horrid business climate are not alone. There has been a steady flow of businesses out of California for the better part of a decade. As California’s political morass worsens, as its budget woes increase, and as her politicians are proven incapable of making the hard budgetary decisions to take power from unions and chop unnecessarily lavish social programs, the state’s jobs are bleeding out. California is in a freefall the end of which is still unseen.

Here is a partial list of the large and medium-sized companies that have either moved parts of their business or have left the “land of milk and honey” for brighter prospects altogether:

Abraxis Health
Adobr Systems, Inc.
Alza Corp.
American AVK
American Racing
Apple Computer [partial]
Audix Corporation
Apria Healthcare Group
Assurant Inc.
Barefoot Motors
Bazz Houston Co
Beckman Coulter
Bild Industries Inc.
Bill Miller Engineering, Ltd.
BMC Select
BPI Labs
Buck Knives
CalPortland Cement
California Casualty Group
CalStar Products Inc.
Checks To-Go
Chivaroli & Associates
CoreSite, A Carlyle Company,
Creel Printing
Dassault Falcon DaVita Inc.
Denny’s Corp.
Digital Domain
Ditech
DuPont Fabros Technology
ebay, Inc.
EDMO Distributors, Inc.
Edwards Lifesciences
Electronic Arts, Inc.
EMRISE Corp.
Facebook [partial]
FallLine Corporation
Fidelity National Financial
First American Corp.
Fluor Corp.
Foxconn Electronics
Fuel System Solutions
Gregg Industries
Hewlett-Packard
Hilton Hotels Corp.
Hino Motor Manufacturing USA
Intel Corporation [partial]
Intuit of Mountain View
J.C. Penney
Kimmie Candy Co.
Klaussner Home Furnishings
Knight Protective Industries
Kulicke & Soffa Industries Inc.
LCF Enterprises
Lennox Hearth Products Inc.
Lyn-Tron, Inc.
Mariah Power
Maxwell America
Miasolé
MotorVac Technologies
Nissan North America
Northrop Grumman
One2Believe
Patmont Motor Werks, Inc.
Paragon Relocation Resources
Pixel Magic
Plastic Model Engineering, Inc.
Precor, Premier Inc.
Pro Cal of South Gate
Race Track Chaplaincy of Amer.
Red Truck Fire & Safety Co.
SAIC
Scale Computing
Schott Solar Inc.
SimpleTech
Smiley Industries
Solaicx
SolarWorld
Special Devices Inc.
StarKist
Stasis Engineering
Stata Corp.
Tapmatic Teledesic
Telmar Network Technology Inc.
Terremark
Terumo Cardiovascular Systems
Toyota
True Games Interactive Inc.
TTM Technologies
Understand.com
USAA Insurance
Yahoo[partial]
[Note others may be partial moves]

18 comments:

  1. "And to those critics who are so pessimistic about our economy, I say don't be economic girlie-men!" -- Governor Arnold Schwarzenegger

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  2. i always thought arnold was girlie (atleast inside), if not outer body.

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  3. Ahnold had one chance to save this state from disaster and he fought that opportunity with everything he had (essentially doing nothing)--he could have demanded that all 10 to 18 million illegal aliens "get out" and enforced it with sweeps of entire communities using state police and ICE. Instead, he allowed the hordes to stay, breeding millions of anchor babies and extending chain migration to it's logical end--the takeover of California by Mexico.

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  4. That's because he took anabolic steroids.

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  5. As a Californian this isn't even the most disturbing thing. The most disturbing thing is what we have to choose between for the next governor.

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  6. Impoverished illegals are destroying the State. They have clogged the roads, their children have filled the public schools and they have usurped millions of jobs from native workers.

    There is every reason to believe that California's future will look much like Mexico's. And if I ran a company, I would not dream of subjecting my employees and their family to the chaos that is California. To live here is to watch the fall of a once great civilization.

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    Replies
    1. Come home and cut my lawn, or pick up my fruits and vegetables or come home and scrape my toilets.

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  7. Californians should charge every single elected official with gross dereliction of duty. Whether you like or hate Whitman, at least she represents a change from the long line of union-owned corrupt politicians that have all but destroyed what was once a thriving economy in a beautiful state that now more resembles a third world country.

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  8. It is congress who makes laws, only the governor signs them in or vetoes them. The dems have ruined this state by increasing taxes and spending far beyond reasonable limits. To dems there are no reasonable limits...

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  9. Celebrate diversity!

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  10. I don't have enough knowledge of the situation to make an informed comment.

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  11. California, by itself, is the 8th largest economy in the world. When it implodes, it is going to be quite the show affecting all Americans. We can't (continue to) allow illegals to full entitlements. This policy alone dooms us all. There is no money left...ANYWHERE! Why don't these so-called leaders of ours "get it"? The money is gone. All of it. The nation lives on a credit card and when its line is pulled...Watch out!!

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  12. As a former Californian, my heart goes out to any remaining Californian citizen who knows the state has been destroyed by progressive fools but who has some reason why they are unable to escape the state.

    For the progressives, however, any suffering they experience is richly deserved because they are simply reaping what they sowed.

    Unfortunately, some of the biggest perpetrators are the wealthy progressives who can use money to buffer themselves from the manure pile they have buried the middle class under.

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  13. The free movement of goods, capital and labor (yes, labor) is a good thing, as any economist with rational human ethics knows. Obviously, immigration + welfare (in the form of schooling, medical care, etc) is a drain on resources and encourages dependency.

    But the problem is the tempter, not the tempted. Immigrants, Mexicans in particular, are scapegoats. The poor immigrant who wants to work hard and send money back to Chiapas is absolutely on higher ground than the folks, most of whom are white, who have run California into the ground with socialism.

    Furthermore, CA's expenses are out of control due to union pay and healthcare expenses for the poor generally, moreso than immigrant services. There is also a highly bloated regulatory apparatus.

    A healthy Christian society is a sanctuary society, but which nonetheless allows individual property owners to decide to accommodate immigration. An unhealthy society can lessen the drain on resources by putting up giant walls, but in the long run it will be made just as poor, if not poorer, than if it had been more welcoming to immigrants.

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  14. I didn't know ERTS was leaving CA. In fact, recent financial disclosures I thought showed them signing a sweetheart deal on some HQ space for their "right-sized" staff, in CA.

    This is news to me.

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  15. @Taylor Conant

    As the post indicates, some are only partial departures. This is likely the case with ERTS.

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  16. This is just the tip of the iceberg if Californians allow AB32 (California's version of Cap and trade)to stand. Currently there is a Proposition (23) that will place AB32 on hold until unemployment reverts back to 5%. Do your homework. The unintended consequences if Prop 23 doesn't pass is higher consumer utility costs and extreme regulatory impairment of all California companies.

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  17. Looks like the only people that will be left to pay the bills will be the progressives. Good luck with that--they hate paying taxes more then tea partiers.

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