To: RLK
When ypu srt up industries and donate technologies to foreign countries using cheap labor, don't be surprised at the consequence that you can't compete with what you have created.I work with manufacturing companies around America. The California manufacturers I work with have the highest costs. Even with out of state freight charges it's much less expensive to deal with manufacturers from the south and the midwest.
I spoke with a relatively small manufacturer of stainless steel tanks today ($7 million/year in revenues). He's relocating from California to Nevada. His savings in workman's comp alone will be $400,000. He'll probably save that much in various taxes as well.
His story isn't unusual. The cost of doing business in the Golden State is so high that many companies have decided to cut their losses.
7 posted on
02/04/2004 8:41:49 PM PST by
freebilly
To: freebilly
I would not attempt to set up a business of any kind in California or Massachusetts. States with populations of hippies looking for businesses to prey on can go to hell.
10 posted on
02/04/2004 8:59:19 PM PST by
RLK
To: freebilly
Moving out of California doesn't mean moving out of the USA. The rest of the US has it's own set of regulation problems but not like the West coast. High tech is slowly migrating to Colorado, Texas and South Carolina. That said, California still has a chance to turn it around but the clock is ticking.
12 posted on
02/04/2004 9:11:08 PM PST by
mpreston
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