And another manufacturer flees California

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I bet Governor Moonbeam is feeling pretty proud of himself these days - we are going to raise so much money through high taxes.. Oh. Wait. From the Los Angeles Times:

Aerojet Rocketdyne to cut 1,100 jobs in Sacramento, move some to L.A.
Sacramento will lose 1,100 jobs over the next 18 months as rocket engine maker Aerojet Rocketdyne plans to relocate or cut positions in that facility and move jobs to Alabama, Canoga Park and other locations.

A bit more:

By the end of 2018, defense-related program management, engineering and related support positions in Sacramento will move to Huntsville, Ala., where the company’s defense business unit is based. Huntsville is also the final assembly site for Aerojet Rocketdyne’s new AR1 rocket engine.

They are not completely leaving the state - they have a large facility at Canoga Park near Los Angeles but a lot of other offices are packing up and leaving. Minimize the impact of those new taxes.

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This page contains a single entry by DaveH published on April 10, 2017 9:46 PM.

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