Monthly Archives July 2021

Company Owner Unhappy With Sacramento City Council & Mayor – Moves to Texas

Mark Snyder of the family-owned business William Glen Inc. is closing his Sacramento stores and moving the company’s headquarters and fulfillment center to Weatherford, Texas, a community near Fort Worth. The California Globe asks, “What could possibly cause a native Sacramento resident with a thriving business, beautiful home, and many local friends and family, to close the business, sell his home and move to Texas?” The Globe’s Editor, Katy Grimes, reports that “Mark Snyder has been vocal about the huge increase in crime, theft and shoplifting, vandalism, homeless drug addicts, violence and harassment to his stores as well as to
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Another Company HQ Leaves California – This Time for North Carolina

A technology company named Smart Wires will move its headquarters to Durham from the San Francisco area. The company, a power technology startup located in Union City in Alameda County, will bring 250 jobs to the Durham-Chapel Hill area. Zachery Eanes of the Raleigh News & Observer reported: “Founded in 2010, Smart Wires has raised nearly $180 million from investors, according to Crunchbase. The firm’s technology helps utility companies more efficiently allocate their energy supply, helping reroute excess capacity to higher need areas. The new jobs will have an average wage of $118,360, according to the Commerce Department, a number
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California Politicians Sneak $280 million into Budget for Stadium

California leaders tucked nearly $280 million into the state budget that could benefit the proposed A’s baseball stadium in downtown Oakland to help retain the team. Gov. Gavin Newsom and state lawmakers quietly approved the funds weeks ago, and the money has stayed under the radar ahead of a pivotal Oakland City Council on the stadium’s future — a decision that the A’s and Major League Baseball insist could determine whether the team remains after 53 years in the city. Oakland is one of the smallest markets in Major League Baseball. (Note: Taxpayer dollars are available through the state’s various
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Another Company Moving its Headquarters from Illinois to Texas

Schumacher Electric Corp., a maker of automotive components, is moving its headquarters from the Chicago suburb of Mount Prospect to Fort Worth in a space that will include a 300,000-square-foot warehouse and a 30,000-square-foot office. According to a report by Ryan Salchert of the Dallas Business Journal, the new facility will feature R&D space, an engineering lab, and a garage for simulation testing. The move is expected to be completed later this summer. Schumacher already has 150 employees in North Texas and plans to add 100 more. Schumacher’s CEO Mickey Leech described Texas as “corporate friendly” and a “very desirable
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