California dream goes bad

OS

Lifer
Oct 11, 1999
15,581
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link

Today, Nissan(Nasdaq: NSANY) announced that it would be moving its North American headquarters from the Los Angeles.

Also, i work in socal aerospace and i hear about some projects starting to trickle out of state.
 

macwinlin

Senior member
Apr 11, 2002
523
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Interesting. I have a cousin who works at Nissan in Torrance, but from what I heard, I don't think he'll relocate to Nashville.
 

rudder

Lifer
Nov 9, 2000
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All those Nissan workers moving to Tennessee will get an automatic raise. There is no state income tax in Tennessee. Plus, they can move out of thier 1200 sq foot house into a 4000 sq house for for about $200,000 less.
 

Vegito

Diamond Member
Oct 16, 1999
8,329
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Originally posted by: rudder
All those Nissan workers moving to Tennessee will get an automatic raise. There is no state income tax in Tennessee. Plus, they can move out of thier 1200 sq foot house into a 4000 sq house for for about $200,000 less.

thats probably the best thing... cost of living is a lot lower....
 

Chadder007

Diamond Member
Oct 10, 1999
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I blame the Liberals in California for this. Also them letting in so many Illegals in and hardly doing much about it.
 

iamwiz82

Lifer
Jan 10, 2001
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This is the same reason Greenville, NC has thrived. The CA has made it inhospitable for business while other states embrace it.
 

PingSpike

Lifer
Feb 25, 2004
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California is so expensive, I'm surprised this doesn't happen more. That state is a huge business hub, so I can understand why there is a desire to have your company based there...but the COL and taxes are pretty brutal. Just doesn't seem efficient to do so when there's plenty of cheap land elsewhere. And if you pay your employees to relocate you can probably ease the sting of talent loss.
 

robphelan

Diamond Member
Aug 28, 2003
4,085
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Originally posted by: Chadder007
I blame the Liberals in California for this. Also them letting in so many Illegals in and hardly doing much about it.

that's a nice, well-balanced, informed statement. /sarcasm
 

Dissipate

Diamond Member
Jan 17, 2004
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California is turning into a socialist wasteland. Environmentalists, unions and big government in general is going to drive all businesses out.
 

Red Dawn

Elite Member
Jun 4, 2001
57,530
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Good maybe they'll take all the out of state Yuppie Scum with them! California rocked until the mid nineties when the Tech Industry hit it's high point. What followed was inflated housing prices, crowded freeways and tons of imported Tech Workers fouling the place with their false idea of the American Dream.
 

CaptnKirk

Lifer
Jul 25, 2002
10,053
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What's left Aerospace wise in California ?

San Diego's industy sector died years ago, GD Convair selling off the Astronautics group to Martin and the balance of the
aircraft systems to Lockheed, through the Corporate Conduit in Ft. Worth.
Boeing killed MacDac to make sure that Douglas in Long Beach
could never return to be a threat to them in the future by plowing under and selling off the land or buildings,
and effectivly eliminating St. Louis from anything by selling off the building there as well.
Boeing pretty much did the same with Rockwell when they aquired that - now they sold RocketDyne to Pratt Whitney.
Lockheed Burbank moved the SkunkWorks to Palmdale, and Northrup Grumman merged in an effort to try to keep the
Martin Monster at a distance - they are still barely alive, fed scraps as subcontracting parts to bigger players.

From over 35 major Aircraft companies in the 60's down to what - three now ?
McBoeing, LockheedMart, and NorthGrum.
Just a few pots and pan shops left - Solar (International Harvester) Rohr in Northern Tiajuana (Chula Vista)
Goodyear Aerospace and their blimps, Goodrich Aerospace with their plastics and polymers -
soon that will all have to outsourced so short sighted Corporate America can show another Quarterly Profit, and then what ?

AirBus or China - can't put the genie back in the bottle, it's gone.