California Jobs to N. Carolina, Not Texas This Time
Metropolitan Life Insurance is moving all or most its company out of California and five eastern states. All of those states being high regulatory states with a high cost of living. North Carolina will be the recipient of around 2600 new jobs.
The reason: "The strong business climate, access to universities and colleges and the desirable cost of living in North Carolina were significant factors in choosing to establish these new campuses in Cary and Charlotte," MetLife executive vice president Eric Steigerwalt said".
I've found it interesting that companies leaving the state never overtly criticize California. Campbell's Soup and others said the same sort of thing. I'm guessing they don't want to burn bridges?
posted by Fred Mangels @ 10:41 AM
4 comments
4 Comments:
I bet after the new gun laws go into effect there will be a lot more leaving
'Strong business climate' is rhetoric for 'economically raping local taxpayers.'
'Strong business climate' is rhetoric for 'economically raping local taxpayers.'.
The California's definition of being supportive to business. Thanks for the example.
This is cool!
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