Utah Business Climate Strengthens to Dismay of California Group
California's business leaders are starting to sit up and take notice that Utah is luring away many of their growing companies especially tech oriented companies. A consortium of business groups, under the Californians Against Higher Taxes banner, is out to convince their government leaders that the state's business climate needs to be improved, noted by the Salt Lake Tribune.
"Businesses are fleeing our state for Utah, and they are taking thousands of jobs with them," said Scott Macdonald, a spokesman for the California group that includes the California Chamber of Commerce, the National Federation of Independent Business/California and the California Taxpayers Association.
The group notes that in recent months:
And Walt Disney Co.'s video game unit, Disney Interactive
The California-based companies say they are looking to Utah for its ready supply of young, tech-savvy workers, and its lower business and living costs. Quality of living also is a factor, say executives, who have a name for Utah - Silicon Slopes - that invokes nine ski resorts within an hour's drive of Salt Lake City. Utah has hundreds of technology companies, mostly small ones in need of bigger partners. The strong tax incentives offered by Utah just puts salt in their wound.
"Utah is at the cutting edge of economic growth and expansion. We're starting to come out of the recession," Utah's Governor Herbert boasted Thursday alongside Adobe executives at the Utah Capitol. "Utah is not just the place you want to be. It's the place you need to be."
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