>Which is a statement about their evaluation of their relative economic prospects in California
How does this have anything to do with California economic prospects? Intel already has operations setup in most of those states for years/decades.
Someone correct me if I am wrong but I always had the impression that a lot of the labor required in these type of plants are technical blue collar work. You need a college degree, the pay is pretty good but most of it is advanced assembly line type of work. I suspect the labor pool in California is difficult.
LA and SF are too expensive both land and labor wise. The valley is all Ag. And SAC is ok but getting more expensive. Ignore other input costs I suspect labor is one of the drivers here since at the end of the day it is assembly line work.
How does this have anything to do with California economic prospects? Intel already has operations setup in most of those states for years/decades.
Someone correct me if I am wrong but I always had the impression that a lot of the labor required in these type of plants are technical blue collar work. You need a college degree, the pay is pretty good but most of it is advanced assembly line type of work. I suspect the labor pool in California is difficult.
LA and SF are too expensive both land and labor wise. The valley is all Ag. And SAC is ok but getting more expensive. Ignore other input costs I suspect labor is one of the drivers here since at the end of the day it is assembly line work.