Rick Perry returns to woo CA businesses

Rick Perry returns to woo CA businesses

 

Big Tex wikimediaTexas Gov. Rick Perry is returning next week to the Golden State. Maybe this time, California Gov. Jerry Brown will take him seriously.

Perry made a four-day recruiting trip to California in February of last year, visiting San Francisco, Silicon Valley and Los Angeles. He met up with CEOs and other high-ranking corporate honchos.

In advance of his visit, the Texas governor aired radio spots in selected markets here in California extolling his state’s business climate. “Come check out Texas,” the commercials urged.

Brown was dismissive. When reporters asked him about Perry’s West Coast trip, California’s governor haughtily replied, “It’s not a serious story, guys.” As to Perry’s radio campaign, which cost a reported $24,000, Brown sneered, “It’s not a burp. It’s barely a fart.”

Well, obviously Perry’s recruiting trip and low-dollar media buy (which generated earned media worth 10 times as much) yielded results. Just last month Occidental Petroleum, the nation’s fourth-largest oil and gas company, announced that it is moving its corporate headquarters from Los Angeles, where it was founded in 1920, to Houston.

Oxy’s relocation, said Perry, “is further evidence Texas has built the most dynamic, pro-growth economy in the nation.”  Indeed, with the oil company’s move to Houston, Texas has supplanted California as the state with the most Fortune 500 companies.

And Perry is not through. Having successfully wooed Oxy, having previously persuaded such California-based companies as Hewlett-Packard, Apple, Google, Facebook, Petco, Cisco Systems, eBay and Intel to expand their operations in the Lone Star State (rather than in California), the Texas governor believes that other California companies are ripe for the plucking.

Chevron next?

That could very well include San Ramon-based Chevron, the oil and gas giant that is the highest-ranked California corporation in the Fortune 500.

Last year, Chevron announced plans to build a 50-story office tower in Houston and transfer hundreds of its California employees to Texas. Construction of the tower has been put on hold – for now. But it’s not hard to imagine Chevron following Oxy’s lead and moving its headquarters to Houston.

Brown may be inclined to attribute Occidental Petroleum’s departure to Texas and Chevron’s interest in the Lone Star State to the fact that Houston has emerged in recent decades as the center of the U.S. oil industry (a distinction California actually held once upon a time).

But it’s not just oil companies that find appealing the “low taxes, predictable regulations, fair legal system and skilled workforce” Perry promises. Indeed, just last month, Charles Schwab announced that it is relocating 1,000 employees from its San Francisco headquarters to out-of-state locales.

“Looks like more California jobs coming to Texas,” Perry tweeted following Schwab’s announcement. And there may be many more still after the Texas governor’s latest California visit next week.

11 comments

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  1. Rex the Wonder Dog!
    Rex the Wonder Dog! 21 March, 2014, 12:04

    No one is going to move their operations out of CA, but they will EXPAND any future business elsewhere…Oxy just did so to Houston.

    Reply this comment
  2. Hondo
    Hondo 21 March, 2014, 18:55

    I moved to Texas long time ago, in the late 70’s. In Odessa I showed up at a truck pool that sends work crews out into the oil patch. I asked to fill out an application and was told to ” Git in the truck”. I responded ” But the application?” The old guy said “Quit your back talk and git in the truck. Git in the backa da truck”
    3 months later I was driving that huge boom truck and was a crew boss because I spoke enough spanglish to get the illegals to work, and hadn’t been killed yet.
    It was Darwinin down there. The strong, smart and hard workers survive. There was a whole society down there that embraces the work ethic. Money earned from hard work, and the ability to stay out of jail, was a ticket to most levels of society. It was a revelation from California where the state puts up so many barriers to work and working.
    My time there was some of the best times of my life. I learned so much about life and the work ethic.
    Hondo……..

    Reply this comment
  3. billybs
    billybs 22 March, 2014, 04:09

    Quite quiet when someone applauds hard work. The moochers focus on pension guarantees and wording in labor agreements to move up the strata. Hard work, that is for boomers not the moochers.

    Reply this comment
    • Ted Steele, CEO
      Ted Steele, CEO 22 March, 2014, 10:15

      LOL— that’s right Billbs— the moochers focus on compensation they were promised after hard wotk for 30 years or so—– LOL

      Teabilly predictable little buddy.

      Reply this comment
      • carbed out
        carbed out 14 April, 2014, 07:21

        Ted Steele,

        those of us who have paid substantially into SSI for 30 + were given “promises” too, however, every time SSI runs into a financial crisis, they bump the age up for collect, when was the last time that happened to a government pension… you know, the retiring at full pay at 51…..
        moochers are all the same,

        It’s crazy that you liberal progressives think that a reference to the Boston Tea Party is somehow derogatory and offensive. Do you even know what the Boston Tea Party stands for??

        Reply this comment
  4. Ted Steele, CEO
    Ted Steele, CEO 22 March, 2014, 10:14

    my God Rick Perry is a tool!

    Ooooooooops!

    Reply this comment
  5. billybs
    billybs 23 March, 2014, 07:53

    Ted, My focus is Finance. I know you are never going to change your opinion. I guess we we will see how all the math works out. I believe the country is going to go broke. My sense is many of your view don t believe that, or don t care. Moocher applies to the latter. When are I hear nothing but snide comments( they are better because of my pension) about debt being passed to the next generation…..well, I abhor that. I guess if the gov t needs to implement a large increase in estate taxes to pay the current generation’s debt, when you and I meet the maker, that is our kid’s problem. I feel that is my issue, not the super rich’s problem, not the illegals, two groups that are chastised, as not paying what’s fair, or taking too much. The citizens job is to work to change the govt if necessary. If the govt is strongly influenced be special interests, what can be done to change that? If we have broken immigration polices, can we change that? Are we up to the task? Many feel their job is grab and go:hey the deck is stacked, take what you can, fight off anyone who would upset that perception. The only way change can happen is hard work, ours, not the work of our kids and grandkids. Your comment about the 30 years of service: our legacy may be not as the Booker generation, but as the You Owe Me generation.

    Reply this comment
  6. Mark Landsbaum
    Mark Landsbaum 24 March, 2014, 14:20

    Hey Joseph, what state did you say Perry is from?

    Reply this comment
  7. Joseph Perkins
    Joseph Perkins 24 March, 2014, 15:37

    That would be the Lone Star State, my friend.

    Reply this comment
  8. Steve Mehlman
    Steve Mehlman 26 March, 2014, 10:49

    A modest proposal:

    All those who so love Rick Perry and want him to succeed in pillaging our state should go back to Texas with him.

    Reply this comment

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Jerry BrownJoseph PerkinsregulationsTexas

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