Discovered: 12 More Companies Left California Or Shifted New Investment Elsewhere

Note: While the link that brought you here is is interesting, more relevant is this July 15, 2010 posting:

Calif. Business Exodus 'Explodes' in 1st Half –
Total Doubles Entire Previous Year

What follows below is the original posting . . .

Thanks to an ever-growing number of sources, we are able to provide additional information about businesses leaving California. From the Colorado Springs Regional Economic Development Corp. we recently learned that:

• The Alliance Company moved its headquarters from San Juan Capistrano to Colorado Springs in 2009.
• California State Automobile Association transferred 100 jobs from San Francisco starting in 2004 to Colorado Springs, where it then went on to create 400 new jobs.
• Glassical Designs moved from Irvine to Colorado Springs in 2006.
• Quantum Corporation, with a headquarters in San Jose and a facility in Irvine, expanded in Colorado Springs in 2007 with 90 new jobs there.
• Telematrix moved a facility from the San Francisco Bay Area to Colorado Springs in 2007.
• Term 101 Insurance moved its headquarters from Thousand Oaks in Ventura County to Colorado Springs in 2007.

From other sources we learned:

• Applied Materials, a long-time Silicon-Valley computer chip maker that is expanding into the solar-panel field, built its largest research labs in China in 2010. There are many reasons for the move, one of which is that China (along with India and Israel) are giving their people better technical educations than is being done in the United States. Also in 2010, the company opened a center in Singapore which will be its hub for semiconductor manufacturing around the world. The Singapore story is here. These expansions came about as the company furloughs employees in the U.S. and Europe.
• Basin Street Properties, a developer that owns office buildings in Sacramento, moved its headquarters from Petaluma to Reno (possibly was in 2009).
• CB Richard Ellis moved IT jobs from Newport Beach to Texas in 2010. See Orange County Register story here.
• IBM is building a $40 million laboratory in China to develop new technologies, indicating that investment is dedicated not just to low-cost Chinese facilities but also to high-value research and development, which has long been a California hallmark
• MK Sound (loudspeakers for the film and music industries and home users) moved all manufacturing its own Chatsworth factory to China, perhaps in 2007 or 2008.
• Soy Labs LLC of Fairfield, Ca., has new space in Mexico, Missouri, and the company will relocate to that location soon. This is from an April 2010 KOMU News Report.

Note to tipsters: In writing to me, please provide a link to a media story, company announcement or the name and phone number of someone in the company that has moved or is planning to move. Events must be verified in one way or another before they can be listed.

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