Viewing blog posts written by Gino DiCaro

CA among the worst in national manufacturing investment

Posted by Gino DiCaro, VP, Communications on March 16, 2012

California is still not receiving its fair share of national manufacturing growth.

Site Selection Magazine released its annual data last week for manufacturing facilities investment by state.  We asked them for the dollar amounts and then normalized those numbers for population and combined them with the previous four years to provide a five-year per capita investment window.  It shows that California is not at all prepared to receive and grow manufacturing investment for our hundreds of thousands of unemployed middle class workers.

The national average for per capita manufacturing investment was $2,073, while California only received $325 -- second lowest only to Connecticut.  California even slipped from last yea's four-year ranking three places.

1 comments | Post your comment

Comments: 1

Dave Wiltsee

March 17, 2012 3:40 pm

Judging from the above-average States, a good guess would be that the lion's share of investment is in the following industries (which are overlapping to a large extent: resource extraction and processing; energy; chemicals; and automotive (perhaps an indication of an industry revival). California's ranking is becoming endemic. Why invest in a regulatory dictatorship when alternative locations are available?

Post a comment:

E-mail address: required, but will be kept private

Name or nickname: will display on page

Post your comment here:

This helps us eliminate spam.

Copyright © 2019, California Manufacturers & Technology Association. All rights reserved.