◼ The Golden State lost some of its luster in the last decade as an average quarter-million residents a year fled California for other states, according to a study released Tuesday.
The report cited the usual business complaints about California: government regulations, high prices for residential and commercial real estate, costly electricity, the power of organized labor and high labor costs.
It exacts a financial toll, too.
The institute said that California lost a total of $18.55 billion to four state - Nevada, Arizona, Texas and Oregon - between 2000 and 2010.
Gov. Jerry Brown's office did not respond to an email and phone calls about the Manhattan Institute study.
◼ Campbell Soup announces closing of Sacramento plant - Sacramento Bee
Campbell Soup Co. today announced the closing of its south Sacramento plant, where the company has made canned soup for more than 60 years.
The plant will be phased out, with final shutdown coming next July. It will eliminate 700 full-time jobs, a devastating development in one of the region's most hardscrabble neighborhoods. The plant's workers, who are members of the Teamsters union, earn as much as $20 an hour, said Troy Givans, interim economic development manager for Sacramento County.
"They were very good jobs, they're very important jobs in the community in south Sacramento, and in the region," Givans said....
The company said it plans to shift most of Sacramento's production to Campbell's remaining plants in Maxton, N.C.; Napoleon, Ohio; and Paris, Texas. "Within that plant network, we have excess capacity," said Campbell's spokesman Anthony Sanzio in an interview outside the Franklin Boulevard plant this morning.
◼ h/t: Fred's Humboldt Blog
