April 18, 2024 12:40 am
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Arizona a top destination for businesses relocating from California

leaving-californiaBy Eric Jay Toll | Phoenix Business Journal

Arizona is the third-best market for California disinvestment, according to a seven-year Spectrum Location Solutions study of companies leaving the state.

Texas, Nevada and Arizona are in the top three slots, following by Colorado, Washington, Oregon and North Carolina.

Report author Joseph Vranich, a site selection consultant, confirmed that more than $68 billion in capital has been diverted to other states as a result of the more than 1,500 disinvestment actions – the act of a company pulling up stakes and relocating.

Continued:

Related: Arizona exporters tout benefits of Trans-Pacific Trade Partnership

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