Russ Steele
This came in over the e-mail transom from a regular reader the other day and It got buried in the mulch pile of mail. According to an article in the Orange County Register:
The pace of companies moving partly or completely out of California has accelerated in 2011, according to Irvine business relocation expert Joe Vranich.
Through June 16, 129 California companies have moved jobs, work and/or headquarters out of state, says Vranich who has been tracking what he calls "disinvestment events" for three years. That is 60 more since his last round-up April 15.
On average, 5.4 businesses are moving jobs, work and/or headquarters out of California each week, compared to 3.9 such moves per week in 2010, says Irvine business relocation expert Joe Vranich
So far this year, the departures average 5.4 a week, compared to 3.9 a week in 2010 and one a week in 2009, Vranich says.
In the debate over Prop 23 our local left assured us that his would not happen. In fact they claimed that companies would be flocking to California to create a plethora of "green jobs." Well the green jobs were just a myth and the simple fact is the rate that companies are leaving the state is accelerating.
Update (06-20-11, 06:55) Rebane's ruminations has an list of "green companies" that are leaving or expanding out side California here.
