Saturday, May 7, 2016

Goin' to Texas

A story we follow at COTTonLINE is the worsening business climate in California, among the bluest of states. Now the Los Angeles Times reports Jamba Juice, the smoothie company, is moving its headquarters from Emeryville, across the bay from San Francisco, to Frisco, Texas, some 30 miles north of Dallas.

The article also mentions earlier moves by Toyota, gone to Plano, TX, Occidental Petroleum headed for Houston, and Carl Jr.'s moving to Tennessee. The reason: taxes are lower. Homes are perhaps half price in TX and there's no state income tax in either TX or TN.