Total for 9-1/2 months of 2010: 158
Total for all of 2009: 51
Five enterprises represent the type of operations coveted by many California politicians — “green” companies — namely DayStar Technologies, Vetrazzo, SMA America LLC, Enfinity Corp., and Power-One. Those companies have opted for Georgia, Arizona, Colorado and an apparently as-yet-undetermined “overseas location.”
I’ve updated Part III: County-by-County Losses For California Disinvestment Events to reflect these 14 additional entries. In this round, Orange County experienced three disinvestment events; Los Angeles and Sacramento, two; and Alameda, Contra Costa, Fresno, Placer, Santa Barbara, Santa Clara and Ventura counties each suffered one case of “corporate shrinkage.” I’ve also updated Part IV: States, Countries That Gain From California Disinvestment Events.
Nine companies carry the code RELO-OS, which represents an out-of-state or out-of country relocation, while another five are CD-OSG, which means the company directed capital out-of-state for a facility that in the past would have been built in California. I’ve updated Part V: California Disinvestment Events By Category or Type. (I exclude companies building elsewhere to meet growth — see Part II: Examples of Companies Excluded From California Disinvestment Event Listings.) Also relevant is Part VI: Why California Disinvestment Events Are Greatly Understated.