The shutdown of a 102-year-old California manufacturing company points to a major flaw in California’s industrial development policy:
We don’t have one.
The company is Pneumatic Scale Angelus, which turned out top-of-the-line machines for sealing lids on soda and beer cans from a factory in Vernon. That was a niche business but not a small one, since bottling companies the world over were Angelus customers.
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