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CALIFORNIA EMPLOYMENT Unemployment Remains the Same
for Second Consecutive Month
See 12-03-13 Minute for Details
TOUR OF CALIFORNIA ANNOUNCES HOST CITIES Previous And New Cities Selected for Race
The State Capital will be the backdrop for the first stage of the 2014 Amgen Tour of California. The other host cities include, Folsom for time trials, San Jose, Monunt Diablo State park, Monterey, Cambia, Pismo Beach, Santa Barbara, San Clemente, Mountian High, pasadena and Thousand Oaks.
TRI POINTE MAKES MAJOR ACQUISITION Becomes Top Ten Housing Developer in Nation
The Irvine-based TRI Point has acquired five of Weyerhaueser's homebuilding brands - Scotssdale, Arizona's based Maracay, Pardee Homes, Trendmaker, Winchester Homes and Quadrant Homes in a deal worth $2.7 billion.
The deal will make TRI Point one of the nation's 10 largest homebuilders
JAPAN COMPANY LOCATES NEW FACILITY Shinmei to Open in West Sacramento
The Japan-based company Shinmei announced it will open a production facility in West Sacramento. It will produce rice-based sandwich buns - a gluten free alternative. The 28,000 sq. ft. facility will be the company's first US facility. It will initially employ 100 with a potential of 500 employees.
SACRAMENTO AREA COMPANY MOVES HQ TO TEXAS Revionics Leaves for Austin
The software firm Revionics based in the Sacramento suburb of Roseville has announced it is moving its headquarters to Austin, Texas. The company identified that Austin has a lower cost of living. It is one of the the several companyies that have moved to Texas since the Great Recession.
It is also joined by the Sacraemnto area firm Waste Connections which left in 2011.
CALIFORNIA RANKS IN TOP TEN STATES FOR BUSINESS
Area Development Magazine Rankings for 2013
California is once again in the elite top states for business according to the latest
annual ranking of the Best states for Business from Area Development magazine.
California ranked 10th in this year's ranking, returning to the list since 2011.
See all of the details at 09-17-13 Minute.
PRACTITIONER'S PERSPECTIVE A feature higlighting the insights & perspectives of business, community, economic and worforce developers from the Golden State. See CA Insights for previous articles
Keeping California Competitive in the 21st Century: A Skilled Labor Force