| CALIFORNIA AMERICA'S 'GOLDEN STATE' |
'The Untraditional Media Becoming the Mainstream Source' UPDATED DAILY |
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CALIFORNIA'S UNEMPLOYMENT INCREASES See Indicators under Economic Overview Also see Minute 04-21-08 |
| For the Week 05-04-08 TURN OVER IN TECH
Santa Clara's Sun Microsystems reported that due to an unexpected third quarter net loss, announced plans to cut 1,500 to 2,500 jobs.
Cupertino's Apple announced that it is cutting 174 jobs at its Elk Grove facility a suburb of Sacramento and moving the functions to a site in Austin. The positions involve sales and support functions. Apple retains 1100 employees at this location and another 150 member customer support facility in Rancho Cordova suburb.
Santa Clara based National Semiconductor announced that it will eliminate 130 positions across the company mainly in product line and support functions. The company said the cuts are part of a move to boost revenue in key market areas that require better power management and energy efficiency.
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IT'S OFFICIAL No Salmon Season for California |
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Industry and Communities Brace for Impacts NOAA made it official by accepting the recommendation by the Pacific Fisheries Management Council earlier in April to close this year's commercial fising season along the California and a good portion of the Oregon coast due to the collapse of the fishery. A full analysis on the issue and its implication can be found under Research and at www.CalBizBlog.com entitled CLOSED: The California Salmon Season, the 'Unknown' Impacts on the Industry and Communities of California.
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| STATE SMALL BUSINESS DAY Wednesday, May 28, Sacramento See Events for Further Details |
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TECHNOLOGY BOOT CAMP 10 Locations, First Camp Begins May 14 See 05-12-08 Minute for Details
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For the Week of 04-27-08
California Businesses Keeping Headquarters in State
California businesses unfazed by the current downturn and contrary to the media slant that the state is too expensive for business and industry continue their growth in the state.
Three companies long known for their 'Golden State' beginning have announced plans to remain and grow in the state. Biotech company, Beckman-Coulter has consolidated its operations from Fullerton to Brea.
Jaccuzzi, the world renown company for aqua therapy has moved its headquarters from Irvine to Chino Hills.
And the shoe maker Skechers has announced plans for its headquarters in Manhattan Beach and plans for corresponding expansion on adjacent properties | |
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For the Week of 04-13-08
Crate and Barrel Consolidating to Tracy |
Consolidates Distribution in Norcal
Retailer Crate and Barrel is consolidating its Northern California distribution facilities to Tracy with two new facilities totaling 1.2 million sq.ft. One of buldings will total 827,000 sq.ft. and the be used to warehouse furniture products. The second building will be 398,000 sq.ft. and used as a center for its housewares. Crate and Barrel will consolidate from facilities in Tracy and Hayward. |
| Hino Motors to Close Facility in Long Beach |
Toyota subsidiary Hino Motors Ltd. will stop making commercial trucks at its Long Beach facility as surging oil prices and the U.S. credit crisis squelch demand, according to the company. Truck production at TABC Inc., a Toyota parts maker has an assembly line for Hino trucks will be moved to Hino's other U.S. plant in West Virginia by July.
Hino produced 4,800 trucks at the California plant in the fiscal year that ended March 31. That plant will continue to make parts for Toyota. Hino's Williamstown, W.Va., plant has an annual production capacity of 2,500 vehicles but it produced only 300 trucks in the last fiscal year, according to Hino. Hino has a third North American plant, in Ontario, Canada, which produced 1,300 trucks over the same span. Hino's North American sales for the last fiscal year dropped 19 percent to about 6,600 trucks from 8,200 trucks the previous year. Hino sales have been booming elsewhere in the world, including southeast Asia, South America and the Middle East, but the U.S. market has been the soft spot. Hino is 50.11 percent owned by Toyota Motor Corp., Japan's No. 1 automaker.
Employees will be moved to the nearby Toyota plant.
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| AGC to Close Glass Plant and R&D in Golden State |
AGC Flat Glass, formerly AFG announced that it will close plants in the US including a manufacturing facility in Victorville and a Research and Developmentt facility in Petaluma.
AGC also has other facilities that will be impacted in Hampton, Iowa, Hawkins, Tennesse and St. Augustine, Quebec.
No numbers on employees impacted |
For 04-08-08
Marriott Proposing West Coast's Largest Hotel |
San Diego could become home to the largest hotel on the west coast if Marriott's has anything to do with it. The hotel first mentioned last summer was proposed to be San Diego's largest. But the plans changed Now the proposed project could become Marriott's flagship convention destination on the west coast.
The proposed location is adjacent to Petco Park where the San Diego Padres play in the 'Gas Lamp' District in the downtown area, a few blocks from the city's convention center and light rail services and minutes from the airport. The proposal is being made by JMI Realty, the real estate company of Padres owner John Moores. JMI is developing a five-block area east of Petco Park called Ballpark Village.
The current proposal calls for 1,929 rooms in two 500 foot towers and 216,000 square feet of meeting space. The project will compete with nearly 5,000 hotel rooms that are currently in the development pipeline with yet another proposed 1,500 room hotel proposed in nearby Chula Vista along its bay front.
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The city's downtown redevelopment agency and the developer are hosting a community presentation and discussion on April 14 from 6pm to 8pm at the Omni Hotel. For further information contact 619-235-2200. | |
For the Week of 04-06-08
Steelcase to Cut Jobs, Close Plants in California |
Facilties to Close in 3 Cities: Oakland, Industry and Corona
Office furniture manufacturer Steelcase announced that it will cut 200 to 250 jobs across the nation during the next 18 months. In addition it also announced it will close three factories in California. Two are furniture manufacturing facilities in Oakland and city of Industry and the other makes dry-ease boards in Corona.
Steelcase based in Grand Rapids, Michigan identified that the cuts are needed due to the slowing economy specifically their U.S. customer base of finance, insurance and real estate firms. | |
Louisville Slugger Closes Ontario Plant 'And the Mighty Casey Strikes Out' |
Hillerich and Bradsby, maker of the 'Louisville Slugger' baseball bat has announced that it will close its manufactuirng facility in Ontario. The plant makes aluminum and composite bats - it is the last Louisville-Slugger manufacturing facility left in the U.S. outside of its wooden-bat poduction facility in Louisville.
The plant is expected to close by late summer or early fall afecting 42 employees. At its height of operations the facility employed 167. The company identified that it has been moving its non- wood bat manufacturing to China over the past two years.
Hillerich and Bradsby have a research and development facility in Loomis and timber operations in New York and Pennsylvania where souvenir bats are produced. | |
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Need a Speaker for Your Next Event? California's Business 'Minute' Men - NEW PRESENTATIONS - |
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| Dr. Robert Harmon PhD |
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The Future of California ENTREPRENEURS A Business Evangelist's Perspective
Learn about what has and makes California a great place for innovation, the characteristics of entrepreneurship and what does the entrepreneur look like in 10 years from now in the Golden State
| Technology Based Economic Development Opportunities for Your Community
Is your community participating or prepared to participate in hosting new technology based businesses? Learn how to prepare for for nanotechnology, autonomous (robotics) biotech and clean and green energies
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| Tim Johnson |
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| New Paradigms in Economic Development Rethinking, Reforming, Refining then finding the Revenue to Achieve It
The current economic conditions impacting depleting General Funds, how can elected officials, ciity and county administrators, find moneis to help bolster their economies
| SOME ASSEMBLY REQUIRED How to Create High Performing Local Economies
Learn the requirements and conditions needed to create a high performing economy that creates jobs, enhances a tax base and creates community confidence |
And California From 30,000 Feet A Precursor on Doing Business in the 8th Largest Economy in the World
For further information See Contact Us
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Above, Below and Beyond California's Economy Now at the CALBIZBLOG |
| CLOSED California's Salmon Season The Unknown Economic & Business Impacts + Future of Social Media from EconSM & Dealmaker 2008 Conferences + News Coverage CALED Annual Conference
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California is the most populous state in the nation with 37 million residents
California is the eighth largest economy in the world and 13% of the United States Gross Domestic Product comes from California |
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WHAT'S IN YOUR ECONOMY CALIFORNIA? |
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