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los angeles is about to be completely f*ed
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jt09
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PostPosted: Jul 10, 2015 8:18 am    Post subject: Reply with quote

texas wins again!

Quote:
Facebook plans to begin construction on a 110-acre data center campus in Fort Worth. The proposed deal will include four buildings and total nearly $1B in investment. Gov. Greg Abbott’s office confirmed the long-rumored project on Monday, as reported by the Dallas Business Journal. Facebook plans to break ground on Tuesday on the site east of the Interstate 35W corridor in north Fort Worth near a cluster of other large data centers. North Texas has the third-largest data center market in the US, including data centers for AIG and Blue Cross Blue Shield.

https://www.bisnow.com/national/news/data-center-bisnow-national/facebook-building-1b-data-center-in-fort-worth-47706
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ohsix
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PostPosted: Jul 10, 2015 9:30 am    Post subject: Reply with quote

California doesn't want blue collar data center jobs anyway. Those guys sweat and drink too much water. The genius software engineers and programmers will stay in CA.
/CaliforniaDefenders
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chavez
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PostPosted: Jul 10, 2015 10:00 am    Post subject: Reply with quote

ohsix, no... we'd take them. They'd be great in a whole lot of places.

However, this type of project might be for geographic diversity - as many redundant data center projects are. FB already has a massive data centers in Oregon, Iowa, North Carolina, and Sweden.

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jt09
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PostPosted: Jan 27, 2016 8:40 am    Post subject: Reply with quote

bump because we're awesome. again.

The Lone Star Model

The most vital parts of urban America can be encapsulated largely in one five-letter word: Texas. All four of Texas’ major metro areas made our top 10. Austin, Houston, Dallas-Ft. Worth and San Antonio are very different places, but they all have enjoyed double-digit job growth from 2010 through 2014, well above the national average of 8.1%. They also all have posted income growth well above the national average.

But the biggest divergence from the pack may be demographics. The Texas cities have become major people magnets, with huge growth in their populations of young, educated millennials and households with children. The clear star of the show is No. 1-ranked Austin, which has become the nation’s superlative economy over the past decade.

1. austin
2. salt lake city
3. san jose
4. denver
5. raleigh
6. houston
7. dallas
8. san antonio
9. san fran
10. okc
11. nashville
12. charlotte
13. minneapolis
14. columbus
15. seattle

http://www.forbes.com/sites/joelkotkin/2016/01/14/americas-next-boom-towns/#59ddfd76f0dd
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pet575
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PostPosted: Jan 27, 2016 8:45 am    Post subject: Reply with quote

Wonder whether that will hold up in 2015-16 ratings with the price of oil these days? I'm not going to pretend I know a lot about Texas and its economy but I have a buddy who lives and works in Houston who says that low oil prices are really hurting Houston from an employment/unemployment standpoint.

Is that true? If so, how would it apply to the other Texas cities on the list given how different they seem to be?

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jt09
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PostPosted: Jan 27, 2016 8:52 am    Post subject: Reply with quote

it will affect (already is) houston greatly. the other major metro areas in texas, not quite so much. o&g is a big part of texas overall, but in terms of the overall economies in dal/aus/san, not a big employer.
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scott a
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PostPosted: Jan 30, 2016 12:15 am    Post subject: Reply with quote

Austin is awesome, SJ/SF is elite, and LA still sucks.
Quote:
Ultimately we may see the emergence of two distinct urban futures. One will emerge in elite “gated” regions such as San Francisco, San Jose, and, perhaps in the near term, Seattle. These areas will dominate many key tech sectors, and will continue to leverage their well-educated populations. The other will be more along the Texas model, diversified economies driven by lower costs, particularly for housing, diversified economies and increasingly well-educated populations.

Rather than being fundamentally incompatible, this enormous country should have room for both models. America needs its elite centers, but there also have to be cities for middle-class families. Each can claim a piece of the future.
You TX guys wanna take the Raiders from us? I'll make you a great deal. You have to take their fans, though.
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jt09
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PostPosted: Jan 30, 2016 5:23 am    Post subject: Reply with quote

nah, we only want the good stuff from cali - your tech business and your weed. Mr. Green
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chavez
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PostPosted: Feb 01, 2016 7:47 am    Post subject: Reply with quote

jt09, I'm sure Raider fan will bring LOTS of weed with them. They can't help you with tech though (unless it is installed in an 83 Monte Carlo). Laughing
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jt09
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PostPosted: Feb 01, 2016 8:00 am    Post subject: Reply with quote

chavez, your raiders have a better chance of landing in your second home of vegas than san antonio.
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chavez
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PostPosted: Feb 01, 2016 8:52 am    Post subject: Reply with quote

jt09, my Raiders? lol I may be a Chavez but I sure as hell don't pull for that sht show!

Rams all day. Can't wait to see a game at the new digs in Inglewood in a few years.

And c'mon man, you know you want to put one of those huge Raider decals on your back window.

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jt09
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PostPosted: Feb 01, 2016 10:09 am    Post subject: Reply with quote

it's actually been pretty funny on the message boards w/ all the handwringing about the raiders possibly coming this way. most are against it and those that are for it live in sa and want something to do since it's so boring there.
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buckthis
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PostPosted: Feb 03, 2016 8:29 am    Post subject: Reply with quote

Well, this thread has been going on for what (5 years?) and California just keeps plugging away, but their retirement plan cannot keep up with the slow growing economy...
http://www.latimes.com/business/la-fi-pension-controversy-20150317-story.html

Probably will take another 5 years before they revamp the system and make it solvent, so they probably will not bring the system down. This is not an endorsement for Texas, anyplace that is 100 degrees for 100 days in No place to live! Too hot in the summer And too cold in the winter. I guess it would be Ok, if you had a place, Oh, I guess there is No place to go during the Summer. I now have a house in Orlando that is right on a canal that is 100 yds from a lake that is one mile long, I don't think it hit 100 degrees last summer. I also have an apartment in northern Ohio, where the summer temps are very nice! I will post again in five years or after calpers restructures their system.

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goofyboy
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PostPosted: Feb 03, 2016 1:01 pm    Post subject: Reply with quote

it's not too cold in the winter. It was 76 in Houston last weekend. Couldn't of asked for a more perfect day. Ton of people I know were out riding as well.
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jt09
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PostPosted: Feb 03, 2016 1:11 pm    Post subject: Reply with quote

it was 85 in austin this week.
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buckthis
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PostPosted: Feb 03, 2016 2:42 pm    Post subject: Reply with quote

jt09 wrote:
it was 85 in austin this week.

It is 58 degrees right now in Austin, tonight it is going to be 34 degrees! THAT IS COLD! anyway you try to warp it into how great Texas is. Too HOT in the summer And snow in the winter!

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chavez
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PostPosted: Mar 04, 2016 8:10 pm    Post subject: Reply with quote

You'll can talk all the junk you want about California, but at least we aren't stupid enough to elect a dumb bleep like this: http://www.slate.com/blogs/schooled/2016/03/02/mary_lou_bruner_extremist_who_thinks_obama_was_a_prostitute_heads_to_runoff.html
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jt09
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PostPosted: Mar 05, 2016 10:23 am    Post subject: Reply with quote

it kills me that those people get elected. our state school board is full of right wing christian conservatives - it's why you always see the textbook stuff come up in texas.
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jt09
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PostPosted: Mar 05, 2016 5:08 pm    Post subject: Reply with quote

for a more humorous texas election result, i give you the travis county republican chair:

http://www.texastribune.org/2016/03/03/abbott-steps-fray-over-controversial-gop-chairman/
https://twitter.com/robmorroliberty
https://www.facebook.com/Robert.Morrow.888
http://barrysealmurder1986jebbusholivernorth.blogspot.com/
Author: The Clintons' War on Women

pretty good shaggy thread on him: http://www.shaggytexas.com/board/showthread.php/168384-your-new-Travis-Co.-Republican-party-chair...





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jt09
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PostPosted: Aug 12, 2016 6:22 am    Post subject: Reply with quote

http://www.pasadenastarnews.com/business/20160809/how-many-businesses-have-left-california-this-report-claims-to-have-an-answer

California’s costly tax and regulatory policies prompted more than 10,000 businesses to leave the state, reduce their operations or curtail plans to locate here between 2008 and 2015, according to a report from Spectrum Location Solutions.

The Irvine-based company conducts site-selection studies and other assessments to help businesses relocate to optimum states and locales for their operations. Some of their clients include corporations that have relocated out of California, like Honda.

MANY COMPANIES THAT MOVE AWAY OR REDUCE THEIR OPERATIONS AREN’T TRACKED

The report, “California Business Departures: An Eight-Year Review 2008-2015,” reveals that at least 1,687 California disinvestment events occurred during that period, a count that reflects only those that became public knowledge.

And for every disinvestment that became known — either through media reports, company announcements or company reports to the U.S. Department of Labor, the Securities and Exchange Commission or the California Employment Development Department — another five occurred, the report said.

In preparing the Spectrum report, site selection consultants and economic development personnel from across the U.S. were asked this question:

For every company that leaves an area — any area, not just California — how many others make such a move without any media coverage or without having to file a report with the state or federal government?

Responses ranged from five to seven, with a few indicating that as many as 10 additional businesses made disinvestment moves for every one that was known. Spectrum ultimately relied on the most conservative estimate of five. With that multiplier in mind, the total number of businesses disinvestment actions in the Golden State exceeded 10,000.

THE METHODOLOGY

A variety of factors would appear to support the multiplier theory. Smaller companies often avoid issuing statements about such moves to avoid publicity. And companies that expand outside of California to serve new territories — actions that might appear unrelated to California’s difficult business climate — often are not listed.

Another factor is the California Worker Adjustment and Retraining Notification Act. That requires companies to file a furlough notice with the state Employment Development Department giving a 60-day notice if it employs 75 employees or more and lays off 50 or more during any 30-day period. But a review of the notices indicates the absence of companies with 74 employees and lower that are known through other sources to have closed completely or in part and left the state, the report said.

Several types of disinvestment events were tracked, with “relocation” accounting for the lion’s share.

Figures in the report show that 1,085 businesses moved all or part of their operations outside of California during the 2008-2015 period, with 498 of the moves shifting operations from California to another country through offshoring, outsourcing, relocation or expansion.

Other forms of disinvestment included businesses that closed a facility in California with work migrating to one or several out-of-state locations, capital directed elsewhere that in the past would likely have stayed in California, work dispersed to other unknown areas outside of California, “U-turns” that occurred when a business was considering locating here but ultimately opted for an out-of-state location, and the canceled construction or lease of a planned facility in California.

ECONOMIST NOTES STRONG JOB GROWTH

Economist Christopher Thornberg, a founding partner with Beacon Economics, acknowledged that California’s isn’t the most business friendly state. But he said the state’s economy is still moving in a positive direction.

“Some companies do move out of California because of cost concerns,” he said. “Would I like to see those jobs stay here? Of course. But we still added more jobs than Florida and Texas put together. If you take a good hard look at things, our state is largely a success story.”

Figures from the state Employment Development Department show that California led the nation in year-over-year growth in June with 461,100 jobs added — outpacing Florida’s new 244,500 jobs and Texas, which added 171,100.

TEXAS ATTRACTING HIGH-PAYING CALIFORNIA JOBS

Spectrum President Joe Vranich, who authored the report, isn’t impressed by that number. Texas, he said, still outperformed California over the past 15 to 20 years in overall employment growth. He added that the California jobs that have moved to Texas tend to pay higher wages than the Texas jobs that have migrated to California.

Texas is outperforming California on so many metrics,” Vranich said.

INCENTIVE PROGRAMS HELP CALIFORNIA BUSINESSES

It’s not all bad. The Spectrum report notes that California offers a variety of incentive programs to help businesses, many of which are administered through the Governor’s Office of Business and Economic Development. Those include tax incentives for aerospace companies, California Film Commission incentives, employment training panel incentives and California Energy Commission incentives.

Some of those incentives are hefty.

Tesla, a Palo Alto-based makers of electric cars, received $15 million in tax credits last year. And Environmental Systems Research Institute Inc., a Redlands-based international supplier of geographic information system software, received $2 million in tax credits.

MANUFACTURING SUFFERING THE WORST

But those incentives are still somewhat overshadowed by the businesses that have left California. The report shows that manufacturing firms accounted for the largest swath of businesses (562) that went looking for greener pastures, followed by pharmaceutical companies, makers of medical devices, biotech firms, health and dental businesses and veterinary businesses.

Other sectors that ranked high on the list included online retailers, e-commerce businesses, makers of communications equipment, and distribution, warehousing and logistics firms.

The report includes information on several businesses that either have moved their operations out of California or are planning to.

Kubota Tractor Corp. and Kubota Credit Corp., the company’s financing arm, plan to move their headquarters from Torrance to Grapevine, Texas. A new facility in Grapevine is expected to be completed by early 2017. Kubota President and CEO Masato Yoshikawa indicated in the Spectrum report that the friendly business climate in Texas “is a big factor.”

Yoshikawa said Kubota was focused more on getting closer to its major markets and customers. But the report notes that lower business and employee costs, taxes and regulations in Texas could well allow the company to cuts its expenses by 20 to 35 percent. The move will affect about 180 employees at the Torrance headquarters.

H.J. Heinz Co. shuttered its Chatsworth condiment plant last year and moved those operations to Mason, Ohio, a move that resulted in the layoff of 145 workers.

RifleGear, a Fountain Valley company that sells a variety of firearms, moved its corporate headquarters to Plano, Texas, this year and Walt Disney Parks and Resorts plans to transfer manufacturing of costumes for the company’s theme park workers from Fullerton to Orlando, furloughing 85 employees in the process.

The report also reveals that California is considering imposing a broad set of taxes on businesses in 2016 and 2017, including higher fuel and motor vehicle taxes and a tax increase on business properties. Shocked Shocked Shocked
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scott a
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PostPosted: Aug 16, 2016 7:29 pm    Post subject: Reply with quote

Quote:
But we still added more jobs than Florida and Texas put together.

Hey, why didn't you make this part all boldy? Seems like an important part of the article! Laughing

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Last edited by scott a on Aug 16, 2016 9:49 pm; edited 1 time in total
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jt09
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PostPosted: Aug 16, 2016 7:46 pm    Post subject: Reply with quote

because this: California jobs that have moved to Texas tend to pay higher wages than the Texas jobs that have migrated to California.

seems like you're exporting higher paying jobs, adding lower paying jobs.

plus, i needed to give you something to post about! Laughing
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scott a
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PostPosted: Aug 18, 2016 7:48 pm    Post subject: Reply with quote

So what you're sayin is CA creates so many jobs every single year that we can afford to donate high paying jobs to budding tech industries throughout the USA while asking for little in return? Laughing
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jt09
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PostPosted: Aug 19, 2016 4:19 am    Post subject: Reply with quote

Mr. Green
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buckthis
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PostPosted: Nov 24, 2016 3:58 pm    Post subject: LA Reply with quote

Well after SIX years its kinda obvious its not LA that is about to be fu*ked, but it could be DALLAS!
http://www.businessinsider.com/dallas-police-and-fire-pension-is-running-out-of-money-2016-11

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