Next 10’s new report analyzes electricity productivity – how much GDP manufacturers produce for every dollar spent on electricity – and finds that California generates $59 in GDP for every dollar spent on electricity, compared to $38 for the rest of the nation, leading every other state except Connecticut.
Korean businesses represent at least a third of those in the downtown garment district, generating at least $10 billion in annual revenues, according to the Korean American Apparel Manufacturers Association. But now some Korean apparel makers are considering moving to El Paso, the Los Angeles Times reports. They say the hike in the minimum wage here and strict labor laws are mainly to blame for their desire to relocate. El Paso has fewer regulations, cheaper rent and an abundance of skilled laborers.
A secretive electric car developer recently announced that it’s scouting several locations for a new factory, fueling speculation about a state tax-credit race similar to last year’s push for Tesla’s gigafactory.
Lyman points out that Southern California is also home to a lot of wealthy environmentally conscious consumers who can afford the cars’ $100,000-plus price tag, which makes distribution easier.
The luxury car company will establish Southern California’s first new car manufacturing plant in more than two decades in the city of Moreno Valley, where it will begin building its plug-in electric hybrid automobiles.
But never mind: If every car in America were electric and recharged using only renewables, the impact would be less than 2% of global emissions. Even the new Obama power-plant rules, which would be far more consequential, would prevent only 0.03 degrees Celsius of warming by 2100 (and then only if climate models predicting substantial warming are right).
Fashions Forms is not just moving, it’s also expanding. The bra designer recently signed a lease for a 90,000-square-foot space that will house its growing office and distribution center. Fashion Forms also plans to add an additional 40 staff members.
Tesla Motors has earned more than $295 million in green subsidy emission credits during the past three years for a battery-swapping technology customers weren’t getting, a Watchdog investigation reveals.
The decline has been, if anything, more rapid in 59th place Los Angeles. This process began with the loss of more than 90,000 aerospace jobs since the end of the Cold War. Los Angeles’ industrial job count stands at 363,900 — still the largest in the nations but down sharply from 900,000 just a decade ago.
Other cost cutting includes “streamlining the engineering organization, reducing the number of offices and increasing the mix of resources in lower-cost regions,” the company said. The cost savings are expected to be spread out over the next year or so.
California refineries reaped an average of 49.3 cents on a gallon of gasoline from 1999 to 2014, according to the California Energy Commission. But this year, the average ballooned to 88.8 cents, triggered when refinery troubles in February disabled 7% of the state’s capacity at a time of low inventories.
The goal of the Fresno-based AgPlus Consortium, according to their application to participate in the initiative, is “to advance the region’s agriculture-related manufacturing economy, targeting industries in the food and beverage manufacturing sector whereby raw agricultural goods are transformed into value-added products by core manufacturing activities.”
The winners grew from 718,000 to 1,102,000 jobs, or up 54%, but this is dwarfed by the colossal loss of 4.1 million out of 6.7 million jobs, a loss of 61% in manufacturing jobs. The losers are somewhat like set 2, just not quite so extreme. Included are the two counties which lost the most—Cook (Chicago) and Los Angeles- 650,000 and 500,000!
One of the Valley’s largest and most successful businesses is doing its part to boost the economy on the East Coast.
Merced County’s increase of 2,200 manufacturing jobs from January 2014 to January 2015 was 26.2 percent, far outstripping second-place Danville’s [IL] 14.9 percent.