Friday, January 18, 2013

California companies picking Colorado for staff expansions

Things may be picking up in CA, but it could be a LOT better if the business climate were better.

In the past three months, companies in industries as varied as sports broadcasting, technology manufacturing and home-loan transactions have chosen to expand in Colorado rather than at their California headquarters.

That’s not by accident. Local economic-development officials have put on a special push to attract new hubs for companies that say California’s tax system and workforce costs are becoming too burdensome, and which choose to grow outside the state.

In some cases, those companies will wind up with a larger workforce in Colorado than at their headquarters.

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