Skip to comments.California Wages Economic War With Sriracha Hot Sauce Factory
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 ...
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.
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.
As the article points out, Los Angeles has 5 Fortune 500 headquarters. Plano lags far behind with only 2.
I wouldn’t call that far behind. Plus why not compare LA to, say, Dallas?
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.”
“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.
The owner compared California to the Communist country he fled.
So, I thinking he’s not too liberal
It's a shame. The city still has its own peculiar beauty.
Sure. Los Angeles with about 3.8 million people can compete successfully with cities with 260,000.
In that case, he’ll like Texas.
That wouldn't be fair, would it?
Your responses are mindboggling. Please don’t reply to me anymore.
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."
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.
I was there in the 1970s. It was not too bad at that time.
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.
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.
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.
“I wouldnt 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....
“Your responses are mindboggling. Please dont 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.
does that include Toyota? Aren’t they moving there?
If this operation should relocate to Texas it wont be in the Dallas area. The processing plant must be within three hours of its suppliers 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.
It looks like an ugly sea of urban concrete to me, both from the sky and on the ground.
Hollywood open-burning gasoline to make “exciting” movies.
There otta be a law.
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.
Not only Toyota, but Lexus, Scion, and TRD to!
Not only Toyota, but Lexus, Scion, and TRD to!
My wife is from Plano and remembers when the population was 2000. It was just a wide spot in the road back then.
“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.
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.
I think you understand my posts.
You shouldn’t post threads if you don’t want replies.
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.
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.
“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.
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.