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California Wages Economic War With Sriracha Hot Sauce Factory
Investor's Business Daily ^ | May 16, 2014 | IBD Editorials

Posted on 05/16/2014 11:48:02 PM PDT by profit_guy

Business Climate: Los Angeles is buzzing over the possible exit of Sriracha sauce maker Huy Fong to friendlier territory in Texas. But why shouldn't it go? L.A. is so unfriendly it makes Detroit look good, according to two studies.

(Excerpt) Read more at news.investors.com ...


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KEYWORDS: 2014; california; sriracha
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1 posted on 05/16/2014 11:48:02 PM PDT by profit_guy
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Comment #2 Removed by Moderator

To: profit_guy

Companies who are based in areas unfriendly to business must either move or go out of business. Government tries to mask hostility to business through cronyism and subsidies, but, doing so drives out taxpayers. Either way, its unsustainable. But try to convince a politician of this.


3 posted on 05/17/2014 12:07:39 AM PDT by fhayek
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To: fhayek

criminal


4 posted on 05/17/2014 12:09:56 AM PDT by fabian (" And a new day will dawn for those who stand long, and the forests will echo in laughter")
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To: profit_guy

If his business is profitable in California, he will be more profitable in Texas due to fewer regulations, cheaper factory and office space, and a non-union workforce. If he is a liberal or does not pay a decent/living wage he best stay in California.


5 posted on 05/17/2014 12:16:13 AM PDT by Texicanus (Texas, it's a whole 'nother country.)
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To: profit_guy

As the article points out, Los Angeles has 5 Fortune 500 headquarters. Plano lags far behind with only 2.


6 posted on 05/17/2014 12:16:55 AM PDT by PAR35
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To: PAR35

I wouldn’t call that far behind. Plus why not compare LA to, say, Dallas?


7 posted on 05/17/2014 12:27:06 AM PDT by steel_resolve (And an angel still rides in the whirlwind and directs this storm)
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To: PAR35

Far more importantly, “The state has the country’s worst business climate, ranking rock bottom at No. 50, according to a new study from Chief Executive magazine, and is seeing its companies — such as Toyota — leave the state for Texas, ranked No. 1 by the same study.”


8 posted on 05/17/2014 12:29:28 AM PDT by profit_guy
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To: PAR35

“As the article points out, Los Angeles has 5 Fortune 500 headquarters. Plano lags far behind with only 2.”

THAT’S what you took away from the article?? It seems you missed the whole point of it.


9 posted on 05/17/2014 12:32:00 AM PDT by profit_guy
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To: Texicanus

The owner compared California to the Communist country he fled.

So, I thinking he’s not too liberal


10 posted on 05/17/2014 12:32:36 AM PDT by digger48
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To: profit_guy
Ouch. Down the socialist drain goes LA.

It's a shame. The city still has its own peculiar beauty.

11 posted on 05/17/2014 12:44:39 AM PDT by TChad (The Obamacare motto: Dulce et decorum est pro patria mori.)
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To: profit_guy

Sure. Los Angeles with about 3.8 million people can compete successfully with cities with 260,000.


12 posted on 05/17/2014 12:54:34 AM PDT by PAR35
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To: digger48

In that case, he’ll like Texas.


13 posted on 05/17/2014 12:56:42 AM PDT by Texicanus (Texas, it's a whole 'nother country.)
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To: steel_resolve
I wouldn’t call that far behind. Plus why not compare LA to, say, Dallas?

That wouldn't be fair, would it?

14 posted on 05/17/2014 12:58:48 AM PDT by PAR35
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To: PAR35

Your responses are mindboggling. Please don’t reply to me anymore.


15 posted on 05/17/2014 1:02:20 AM PDT by profit_guy
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To: TChad
Just imagine Southern California with a business-friendly climate like Texas.

The liberals who want to bring the country down to the level of, say, Venezuela would never allow that.

I must admit I'm seeing some light at the end of the tunnel, however. The incredibly annoying '60s and '70s "activists" all grown up (see: Kerry, John, for example) who made the 2000's such a landmark of BS are fading away and retiring, while more pragmatic Reagan-era kids are moving into positions of power. That would truly be "change we can believe in."

16 posted on 05/17/2014 1:10:18 AM PDT by JennysCool (My hypocrisy goes only so far)
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To: JennysCool
Just imagine Southern California with a business-friendly climate like Texas.

That's not hard. All I have to do is remember my childhood. I still love the California I grew up in, but it's not there any more.

17 posted on 05/17/2014 1:22:06 AM PDT by TChad (The Obamacare motto: Dulce et decorum est pro patria mori.)
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To: TChad

I was there in the 1970s. It was not too bad at that time.


18 posted on 05/17/2014 1:47:21 AM PDT by jospehm20
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To: profit_guy

I used to work for a 1960’s hippie newspaper editor who wore granny glasses and drove a Volvo. I wrote articles that featured the businesses who advertised heavily with the paper. I asked her why she had taken something out of my most recent article. Her face formed the “ewww” expression and she said, as if handed a turd, “it just seemed so pro-business!”

There are now several generations of people like her to whom business is a dirty word. I laughed (to myself) when she was laid off. The entire paper was staffed with nearly identical people and they all hated business. The paper has since been sold many times and its readership has collapsed to the point where they give away more free copies than they sell so they can say they got the advertisements to X% of the population.

Companies and towns and people with this attitude deserve to fail.


19 posted on 05/17/2014 3:47:24 AM PDT by Gen.Blather
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To: TChad
Left in 1968 when I turned 18 and could never live there again but it was just a wonderful place to grow up. Now I live in the North Georgia Mt. and it's a great place to grow old.
20 posted on 05/17/2014 3:51:52 AM PDT by lostboy61 (Lock and Load and stand your ground!)
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To: TChad

Agreed. I was born and raised here and have seen the conquest by a coalition of aliens and degenerates. Naturally, they cannot govern for the benefit of all.


21 posted on 05/17/2014 4:20:12 AM PDT by AEMILIUS PAULUS (It is a shame that when these people give a riot)
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To: PAR35
As the article points out, Los Angeles has 5 Fortune 500 headquarters. Plano lags far behind with only 2.

LA has a population of 10 Million while Plano, TX has a population of 272 Thousand, LA is 40 times more populated and yet Plano has 40% of the number of fortune 500 that LA has.

Plano wins.

22 posted on 05/17/2014 4:20:30 AM PDT by USS Alaska (Exterminate the terrorist savages, everywhere.)
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To: steel_resolve

“I wouldn’t call that far behind. Plus why not compare LA to, say, Dallas?”

If this operation should relocate to Texas it won’t be in the Dallas area. The processing plant must be within three hours of its supplier’s pepper fields. So, this requirement would place the plant somewhere in or near the Rio Grande Valley area. Lots of land and labor down there and the jobs are needed, wanted, and would be appreciated for sure....


23 posted on 05/17/2014 4:34:40 AM PDT by snoringbear (E.oGovernment is the Pimp,)
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To: profit_guy

“Your responses are mindboggling. Please don’t reply to me anymore.”

It seems to me that you may have misread the situation. Perhaps a quotation would help: “Common sense and a sense of humor are the same thing, moving at different speeds. A sense of humor is just common sense, dancing.”

You sir, cannot dance.


24 posted on 05/17/2014 4:47:52 AM PDT by jameslalor
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To: PAR35

does that include Toyota? Aren’t they moving there?


25 posted on 05/17/2014 5:05:21 AM PDT by bert ((K.E. N.P. N.C. +12 ..... History is a process, not an event)
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To: TChad

26 posted on 05/17/2014 5:07:24 AM PDT by bert ((K.E. N.P. N.C. +12 ..... History is a process, not an event)
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To: snoringbear
If this operation should relocate to Texas it won’t be in the Dallas area. The processing plant must be within three hours of its supplier’s pepper fields. So, this requirement would place the plant somewhere in or near the Rio Grande Valley area. Lots of land and labor down there and the jobs are needed, wanted, and would be appreciated for sure....

They're apparently looking at Denton, which is home to Tetrapak, Peterbilt, the University of North Texas, and Texas Women's University.

27 posted on 05/17/2014 5:33:23 AM PDT by Entrepreneur (We're past the tipping point - the only variable is the rate of decline)
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To: bert
File:Skyline of Plano Texas.jpg Plano, Texas.
28 posted on 05/17/2014 6:00:25 AM PDT by Holdem Or Foldem (Life isn't fair, so wear a cup.)
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To: bert

It looks like an ugly sea of urban concrete to me, both from the sky and on the ground.


29 posted on 05/17/2014 6:01:41 AM PDT by EricT. (Everything not forbidden is compulsory.)
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To: bert

Hollywood open-burning gasoline to make “exciting” movies.

There otta be a law.


30 posted on 05/17/2014 6:10:19 AM PDT by ROCKLOBSTER (Celebrate "Republicans Freed the Slaves" Month.)
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To: PAR35
As the article points out, Los Angeles has 5 Fortune 500 headquarters. Plano lags far behind with only 2.

Sure - California loves nice, clean, corporate offices with a lot of people using computers all day. Silicon Valley comes to mind.

Actual, dirty production and manufacturing - they don't want any part of that.

31 posted on 05/17/2014 6:16:03 AM PDT by Mr. Jeeves ([CTRL-GALT-DELETE])
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To: bert

Not only Toyota, but Lexus, Scion, and TRD to!


32 posted on 05/17/2014 6:22:13 AM PDT by US_MilitaryRules (Did you just get off the short bus or what?)
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To: profit_guy

Not only Toyota, but Lexus, Scion, and TRD to!


33 posted on 05/17/2014 6:23:40 AM PDT by US_MilitaryRules (Did you just get off the short bus or what?)
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To: USS Alaska

My wife is from Plano and remembers when the population was 2000. It was just a wide spot in the road back then.


34 posted on 05/17/2014 6:31:51 AM PDT by Ruy Dias de Bivar (Sometimes you need 7+ more ammo. LOTS MORE.)
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To: Entrepreneur

“They’re apparently looking at Denton, which is home to Tetrapak, Peterbilt, the University of North Texas, and Texas Women’s University.”

Really? I listened to Mark Davis interview the leader of the Texas recruiting team on the radio a couple of days ago and he was talking Rio Grande Valley/San Antonio area. He said (can’t recall his name, a Texas Legislator) that first hurdle is determining if soil, rain, temp, etc, are satisfactory for growing quality peppers that meets requirements. Second, criteria is finding a site location within three hours transport time from pepper fields. Not sure, but I “think” these requirements knocks North Texas out of consideration.


35 posted on 05/17/2014 7:17:35 AM PDT by snoringbear (E.oGovernment is the Pimp,)
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To: Abathar; Abcdefg; Abram; Abundy; albertp; Alexander Rubin; Allosaurs_r_us; amchugh; ...
When one considers what L.A. used to be — a beacon of aerospace, clothing, food and film production, with the world's busiest ports — and what it is now, which is a major exporter of old clothes and scrap metal recycled by the Chinese, it's a sad, sad picture.



Libertarian ping! Click here to get added or here to be removed or post a message here!

36 posted on 05/17/2014 7:18:28 AM PDT by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
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To: bert

That doesn’t count US headquarters of foreign companies, like Toyota and Ericsson. It hurt when HP took over EDS and Dell took over Perot.


37 posted on 05/17/2014 7:36:22 AM PDT by PAR35
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To: jameslalor

I think you understand my posts.


38 posted on 05/17/2014 7:40:57 AM PDT by PAR35
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To: profit_guy

You shouldn’t post threads if you don’t want replies.


39 posted on 05/17/2014 7:42:22 AM PDT by PAR35
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To: PAR35

Plano is a northern suburb of Dallas. Irving, another Dallas suburb, has several fortune 500 companies, too.
Dallas has one or two, but no company wants to officially move there because of the schools.


40 posted on 05/17/2014 9:00:27 AM PDT by tbw2
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To: tbw2

Dallas has AT&T, Southwest Airlines, Dean Foods, Energy Futures Holdings (on the last list, now being broken up in bankruptcy, Tenet Healthcare, TI (I thought they were in Richardson, but they show a Dallas address; Metro PCS may be the only Richardson entry), Energy Transfer Equity.

Exxon is the only Irving entry I spotted. That city is more a regional HQ city. Seven Eleven is moving there, but isn’t on the list as it is foreign owned.

Banking is one area where Dallas hasn’t recovered - Comerica is the only major bank headquartered there.


41 posted on 05/17/2014 9:50:15 AM PDT by PAR35
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To: jameslalor

“Common sense and a sense of humor are the same thing, moving at different speeds. A sense of humor is just common sense, dancing.”
“You sir, cannot dance.”

-That was beautiful.


42 posted on 05/17/2014 12:36:55 PM PDT by FBD
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To: bert
Ha! I know exactly what being there would feel like. My eyes would burn, my lungs would hurt with every inhalation, my skin would feel like it was covered with a thin layer of grease.

I like Los Angeles. I had some good times there, and I miss a few people who still live there. I definitely do not miss the smog.

43 posted on 05/18/2014 1:09:53 AM PDT by TChad (The Obamacare motto: Dulce et decorum est pro patria mori.)
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To: profit_guy
Irwindale is a town of 1,400 people. Which means the local population has extremely strong pull in elections and of course, when one demands service, they get it immediately.

I drove by that plant daily, watching it though construction and had open windows each late summer and early autumn, hopeful I'd finally breathe in this supposedly foul odor. All I ever smelled was other vehicle emissions.

To me, I think a local resident wanted to be paid off and they didn't get their way. So far as I have read, I've never seen a single independent verification of any extraordinary emissions from the factory. And honestly, once this gets before a real judge, a whole lot of taxpayer money will likely be awarded to the company to cover their years long legal expense.

Likely more than enough to cover the cost of a new factory in Texas.

44 posted on 03/10/2016 7:44:01 PM PST by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: profit_guy
 
 
HuH? The company is not going anywhere - they arrived at an agreement (i.e. greased some palms) and are staying in town. This is an OLD article.
 
 

45 posted on 03/10/2016 10:00:09 PM PST by lapsus calami (What's that stink? Code Pink ! ! And their buddy Murtha, too!)
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To: profit_guy

Here is one of my uses for Sriracha sauce:

Sweet and Spicy Peanut Dipping Sauce

4 tablespoons peanut butter (chunky or regular)
2 tablespoon salad oil
4 tablespoons soy sauce
2 or 3 tablespoons granulated sugar (to taste)
1 tablespoon distilled white vinegar or rice vinegar
1 teaspoon sesame oil
1/2 to 1 teaspoon Sriracha hot chili sauce (to taste)

Mix ingredients well. Serve as a dipping sauce
or over noodles, white rice, pot stickers, meatballs, pasta, etc.


46 posted on 03/10/2016 10:02:27 PM PST by r_barton
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To: TChad

Fellow native Californio here. I can also remember when the state was more like Texas is today, which is why I pulled up roots and moved to the Lone Star state ten years ago.


47 posted on 03/10/2016 11:36:30 PM PST by Windflier (Pitchforks and torches ripen on the vine. Left too long, they become black rifles.)
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To: profit_guy
It seems a mite silly to compare Plano, TX on an equal footing with LA to me. After all, there are roughly 40 times as many people in LA compared to Plano.

But, the rate of Fortune 500 headquarters for Plano is roughly 1:125,000 population, where in LA it is roughly 1 to 2,000,000 people. I reckon Texans are getting more done with fewer people...

48 posted on 03/11/2016 2:08:33 AM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: Ruy Dias de Bivar

A woman called from there to order a product. My employee took the street address and the woman added in her best Texas drawl, “Plano, Texas.” “I’m sorry ma’am, you’ll have to be a little more specific.”


49 posted on 03/11/2016 5:10:36 AM PST by gnickgnack2 (QUESTION obama's AUTHORITY)
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To: gnickgnack2

Reminds me of the woman who called our plant. She was calling from Nagadoo(?). I said where She said Nagadoo, then she spelled it. Something like Nachatoches.

Reminds me of when we went to Nashville TN and visited kin. My cousin told us my aunt lived on Batroo street. I said WHERE! “Batroo”, then she said it is spelled Baton Rouge.

Maybe that is why I stay away from the far East Texas and South parts of the USA.


50 posted on 03/11/2016 5:36:40 AM PST by Ruy Dias de Bivar
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