AS ENEMY COMBATANTS: 250 MAJOR FIRMS LEAVE CALIFORNIA SINCE 2011 “[They have] a

http://news.investors.com/ibd-editorials/042914-698893-toyota-moves-from-torrance-california-to-dallas-texas.htm#ixzz30LdXIxBEBUSINESS AS ENEMY COMBATANTS: 250 MAJOR FIRMS LEAVE CALIFORNIA SINCE 2011

“[They have] a regulatory structure in California that treats businesses, especially manufacturers, like enemy combatants. Joseph Vranich, a California-based business relocation adviser, who has long tracked the migration of companies from California, cites more than 250 major firms that left the state since 2011 through last year. Why? “Today,” he said, “California businesses can reduce costs by 20% by moving to many states and up to 45% in some areas.” One big cost factor: California’s green-energy mandates are driving up electric utility costs to near the highest in the nation.”


Source date (UTC): 2014-04-30 02:24:00 UTC

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