Toyota Considers Closure of California Plant
Toyota Motor Corp. said it is considering closing a vehicle-assembly plant in California that it jointly operates with General Motors Corp., after the U.S. automaker decided to pull out.
Because of its location in the San Francisco Bay area, the 4,600-worker Nummi facility is a high cost plant for the Japanese automaker.
Source: WSJ
More bad news for our Golden State. We need law makers who are interested in making laws that create wealth. Taxing all workers and business into oblivion does not work. This is the California lawmakers version of trickle down: I lose my job, I can’t pay some one cut my grass, vacuum my house, deliver the paper and so on. Next time Californians, vote for those candidates who understand that wealth is not evil and that creating it is good for all of us.