Another year, more California 'exes' are living in Texas

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ExpressLane

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Another year, more California 'exes' are living in Texas​


Another year, and a similar pattern continues: Many California businesses keep leaving.



Despite claims by California Gov. Gavin Newsom that California is “the beating heart of the American economy,” companies keep relocating. Their primary destination is Texas.

More than 360 companies have exited California since 2018, according to the California Policy Center’s California Book of Exoduses, which tracks corporate exits from California. Since 2005, more than half that left had relocated to Texas by 2023, The Center Square reported.

Among those exiting this year was Global tech company Simplilearn. Relocating from San Francisco to Plano, “one of the most dynamic tech communities in the United States,” was “a key contributor to its revenue,” Krishna Kumar, Simplilearn’s founder and CEO, said. Moving to Texas in October marked “a pivotal moment in our journey, driven by our commitment to being at the forefront of a thriving tech ecosystem and tapping into a diverse talent pool.”

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Resources Connection Inc., a management consulting firm, relocated its headquarters from Irvine, California, its headquarters of nearly 30 years, to Dallas on Nov. 1.

Medical device company Koya Medical, Inc. relocated its headquarters to Dallas from Oakland, expecting to create more than 200 new jobs. It received financial incentives from the Dallas City Council to do so.

ABBYY, a data analytics and AI company, relocated its global headquarters from Silicon Valley to what is now known as Silicon Hills in Austin. “Relocating our headquarters to Austin, where our product leadership team already is, places us at the heart of a growing tech ecosystem,” Ulf Persson, ABBYY’s CEO, said. The company began operating in California in 1999 and its headquarters in Silicon Valley in 2019.


FreshRealm, a meal kit company that fulfills and produces meals for retailers like Amazon, Kroger, Blue Apron, and others, relocated its headquarters from California to Lancaster, Texas. It broke ground in 2023 on an 88,000 square foot space to expand operations in Texas, which offers a “rich heritage of hard work” in a “dynamically growing region that is actively investing in its people and businesses,” its president, Snow Le, said.

At the beginning of the year, Graze Inc., a California robotic lawnmower firm, announced its move to Plano, “home to some of the world's most innovative companies …” and “the epicenter” of a “thriving economy.”

Companies based in other states that had operations in California also pulled them as Californians continue to face a homeowner insurance crisis. Galveston, Texas-based American National Insurance said it was pulling its homeowners insurance policies in California and other states due to “persistent underwriting losses over the last 10 years,” Insurance Journal reported.

State Farm, Allstate, AIG, Chubb, Falls Lake Insurance, AmGUARD, Tokio Marine America Insurance Co., and Trans Pacific Insurance Co. all announced they are leaving California, not writing any new homeowner insurance policies or renewing them, Insurance.com reported.

Every year, as California ranks last or near last, Texas ranks first as the best state for business, for attracting new businesses, first for job creation, job growth and economic expansion, The Center Square has reported.

In 2023, Texas gained 500,000 residents, with the most – more than 102,000 – coming from California, according to Census data. People are flocking to Texas because it has no personal income tax, a state government that supports law enforcement, its businesses are leading the U.S. in job creation and growth, and its economic expansion dominates, Gov. Greg Abbott argues.....
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Libratards are ruining California. I hope they don't ruin Texas while they are at it.
 
iu
 
ExpressLane said:

Another year, more California 'exes' are living in Texas​


Another year, and a similar pattern continues: Many California businesses keep leaving.



Despite claims by California Gov. Gavin Newsom that California is “the beating heart of the American economy,” companies keep relocating. Their primary destination is Texas.

More than 360 companies have exited California since 2018, according to the California Policy Center’s California Book of Exoduses, which tracks corporate exits from California. Since 2005, more than half that left had relocated to Texas by 2023, The Center Square reported.

Among those exiting this year was Global tech company Simplilearn. Relocating from San Francisco to Plano, “one of the most dynamic tech communities in the United States,” was “a key contributor to its revenue,” Krishna Kumar, Simplilearn’s founder and CEO, said. Moving to Texas in October marked “a pivotal moment in our journey, driven by our commitment to being at the forefront of a thriving tech ecosystem and tapping into a diverse talent pool.”

https://www.outbrain.com/what-is/default/en
A professional engineer designed this nail clipper for seniors all overSponsored | outfany.com
Seniors Pay Half Price on Oil Change: Many Elderly Might Not Know They Could Save BigSponsored | Oil


Resources Connection Inc., a management consulting firm, relocated its headquarters from Irvine, California, its headquarters of nearly 30 years, to Dallas on Nov. 1.

Medical device company Koya Medical, Inc. relocated its headquarters to Dallas from Oakland, expecting to create more than 200 new jobs. It received financial incentives from the Dallas City Council to do so.

ABBYY, a data analytics and AI company, relocated its global headquarters from Silicon Valley to what is now known as Silicon Hills in Austin. “Relocating our headquarters to Austin, where our product leadership team already is, places us at the heart of a growing tech ecosystem,” Ulf Persson, ABBYY’s CEO, said. The company began operating in California in 1999 and its headquarters in Silicon Valley in 2019.


FreshRealm, a meal kit company that fulfills and produces meals for retailers like Amazon, Kroger, Blue Apron, and others, relocated its headquarters from California to Lancaster, Texas. It broke ground in 2023 on an 88,000 square foot space to expand operations in Texas, which offers a “rich heritage of hard work” in a “dynamically growing region that is actively investing in its people and businesses,” its president, Snow Le, said.

At the beginning of the year, Graze Inc., a California robotic lawnmower firm, announced its move to Plano, “home to some of the world's most innovative companies …” and “the epicenter” of a “thriving economy.”

Companies based in other states that had operations in California also pulled them as Californians continue to face a homeowner insurance crisis. Galveston, Texas-based American National Insurance said it was pulling its homeowners insurance policies in California and other states due to “persistent underwriting losses over the last 10 years,” Insurance Journal reported.

State Farm, Allstate, AIG, Chubb, Falls Lake Insurance, AmGUARD, Tokio Marine America Insurance Co., and Trans Pacific Insurance Co. all announced they are leaving California, not writing any new homeowner insurance policies or renewing them, Insurance.com reported.

Every year, as California ranks last or near last, Texas ranks first as the best state for business, for attracting new businesses, first for job creation, job growth and economic expansion, The Center Square has reported.

In 2023, Texas gained 500,000 residents, with the most – more than 102,000 – coming from California, according to Census data. People are flocking to Texas because it has no personal income tax, a state government that supports law enforcement, its businesses are leading the U.S. in job creation and growth, and its economic expansion dominates, Gov. Greg Abbott argues.....
================================================
Libratards are ruining California. I hope they don't ruin Texas while they are at it.
Click to expand...

360 businesses and a hundred thousand people? That's what you base your hysteria on?
 
ExpressLane said:

Another year, more California 'exes' are living in Texas​


Another year, and a similar pattern continues: Many California businesses keep leaving.



Despite claims by California Gov. Gavin Newsom that California is “the beating heart of the American economy,” companies keep relocating. Their primary destination is Texas.

More than 360 companies have exited California since 2018, according to the California Policy Center’s California Book of Exoduses, which tracks corporate exits from California. Since 2005, more than half that left had relocated to Texas by 2023, The Center Square reported.

Among those exiting this year was Global tech company Simplilearn. Relocating from San Francisco to Plano, “one of the most dynamic tech communities in the United States,” was “a key contributor to its revenue,” Krishna Kumar, Simplilearn’s founder and CEO, said. Moving to Texas in October marked “a pivotal moment in our journey, driven by our commitment to being at the forefront of a thriving tech ecosystem and tapping into a diverse talent pool.”

https://www.outbrain.com/what-is/default/en
A professional engineer designed this nail clipper for seniors all overSponsored | outfany.com
Seniors Pay Half Price on Oil Change: Many Elderly Might Not Know They Could Save BigSponsored | Oil


Resources Connection Inc., a management consulting firm, relocated its headquarters from Irvine, California, its headquarters of nearly 30 years, to Dallas on Nov. 1.

Medical device company Koya Medical, Inc. relocated its headquarters to Dallas from Oakland, expecting to create more than 200 new jobs. It received financial incentives from the Dallas City Council to do so.

ABBYY, a data analytics and AI company, relocated its global headquarters from Silicon Valley to what is now known as Silicon Hills in Austin. “Relocating our headquarters to Austin, where our product leadership team already is, places us at the heart of a growing tech ecosystem,” Ulf Persson, ABBYY’s CEO, said. The company began operating in California in 1999 and its headquarters in Silicon Valley in 2019.


FreshRealm, a meal kit company that fulfills and produces meals for retailers like Amazon, Kroger, Blue Apron, and others, relocated its headquarters from California to Lancaster, Texas. It broke ground in 2023 on an 88,000 square foot space to expand operations in Texas, which offers a “rich heritage of hard work” in a “dynamically growing region that is actively investing in its people and businesses,” its president, Snow Le, said.

At the beginning of the year, Graze Inc., a California robotic lawnmower firm, announced its move to Plano, “home to some of the world's most innovative companies …” and “the epicenter” of a “thriving economy.”

Companies based in other states that had operations in California also pulled them as Californians continue to face a homeowner insurance crisis. Galveston, Texas-based American National Insurance said it was pulling its homeowners insurance policies in California and other states due to “persistent underwriting losses over the last 10 years,” Insurance Journal reported.

State Farm, Allstate, AIG, Chubb, Falls Lake Insurance, AmGUARD, Tokio Marine America Insurance Co., and Trans Pacific Insurance Co. all announced they are leaving California, not writing any new homeowner insurance policies or renewing them, Insurance.com reported.

Every year, as California ranks last or near last, Texas ranks first as the best state for business, for attracting new businesses, first for job creation, job growth and economic expansion, The Center Square has reported.

In 2023, Texas gained 500,000 residents, with the most – more than 102,000 – coming from California, according to Census data. People are flocking to Texas because it has no personal income tax, a state government that supports law enforcement, its businesses are leading the U.S. in job creation and growth, and its economic expansion dominates, Gov. Greg Abbott argues.....
================================================
Libratards are ruining California. I hope they don't ruin Texas while they are at it.
Click to expand...
They fuck up California and now leave to Texas. The will do the same to Texas.
 
ExpressLane said:
Medical device company Koya Medical, Inc. relocated its headquarters to Dallas from Oakland, expecting to create more than 200 new jobs. It received financial incentives from the Dallas City Council to do so.
Click to expand...

Let's TAKE Koya, for example.
Their main gig is making compression socks for people with edema.

They began in Oakland and I freely and unashamedly admit that Oakland is not an example of a thriving business environment but it never really was even back when Koya first went into business.
Does anybody think that CEO Andy Doraiswamy hired a bunch of locals to sew or weave compression socks?
I guarantee you those socks are made in a sweatshop in some third world country, and always have been, because two hundred staff is never going to meet national needs for compression socks in a nation where almost forty percent of people are obese and headed to bigger and heavier territory.

No, we're talking about two hundred administrative and warehousing staff, I'll bet money on it.
And since I'd also bet money that his products are not made in USA, I describe a company like this as strictly bottom feeder because it's just another corporation that turns cheap third world labor into cash.
He probably couldn't find enough people willing to work for peanuts in shipping and warehousing.
 
Diogenes said:
Hysteria?
Click to expand...

Yes, hysteria, or whatever you call your doomsday wobbling.
According to recent data, California is home to over 4 million businesses and you folks are running around with your hair on fire over three hundred of them.
Look, if there are course corrections, there are course corrections, that's how business works.
But describing 360 exits in a field of millions, where tens of thousands happen to be corporations, is hysteria.

And as for losing some representation, allow me to remind you what we're looking at.
STATES WITH LESS POPULATION THAN L.A. COUNTY

1734539002656.png
 
Diogenes said:
I disagree. If you think that OP represents hysteria, I believe you're being hysterical.
Click to expand...

Then you believe I'm being hysterical but this is you guys' thread and it's not about me.
Now would you like to go back to discussing the facts or are you leaning toward hijacking the thread so it is about me?
I'd rather make a new thread where you are free to ask me ANYTHING about my political views if that is your main expectation.

But this is about California.
 
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