PHOENIX — A plan to lure California-based companies to the Valley is not being met in a friendly fashion by some.
California voters approved a $6 billion sales and income tax increase on high earners in November. Days later, the Greater Phoenix Economic Council made it clear they would help California companies leave the state.
Barry Broome with GPEC offered the top 100 CEOs in the Golden State a plane ride to Phoenix to see what the desert had to offer. Fifty-seven CEOss have replied and at least 11 are taking a serious look at Arizona.
“We’re not convincing people to move out of California,” he said. “Gov. Brown is convincing them to move out of California. We just want to make sure our region gets a shot.”
GPEC’s offer has certainly drawn strong reaction from California Governor Jerry Brown’s office. The Los Angeles Times reported that Brown’s spokesman, Gil Duran, said “Anybody that tries to convince you to leave the best and richest state for some parched desert outpost should be regarded with extreme suspicion.”
Broome said that, soon after Duran made that statement, California was rated the poorest state.
“Be careful with broad, sweeping statements. They may not be true,” he warned.
Broome said his strategy is risky and has drawn a lot of visceral attention to the market.
“It’s unfortunate that California is going in the wrong direction. California’s economy is important to the United States and Arizona. We think their business direction will destabilize the state.”
Broome said this situation is the most attention they’ve received from CEOs since the Super Bowl in Glendale in 2008.
- Workers comp: Signs your co-worker could be a fraud
- Who's the real founder of America's pastime?
- Epidemic rising? What you need to know about Alzheimer's in Arizona
- 5 unforgettable Wooden Award winners
- Family and hard work are keys to success of modern dairy farmers
- Genetic testing could hold answers for colon cancer survival
- Cold beers and baseball: A beer lover's guide to Spring Training
- Telecommuting: 5 tips to make it work for employers and employees
- See how top CFOs feel about economic growth in the Valley
- Migraine myths that keep patients from effective treatments
- Here’s why Gaydos went tankless with his water heater
- Bocce ball and basketball: How you can help Arizona's Special Olympics athletes
- Tips on building the best wine room in Arizona
- Avoid the nightmare: 6 tips to choose a great contractor
- Breast cancer: Improved testing and treatments means more survivors
- Failed back surgery: New hope for patients living in pain
- Ticking time bombs: Telltale signs your water heater is about to explode
- Reading glasses could be a thing of the past
- 6 cool ways teachers are using technology in the classroom
- Emerging tech jobs in Phoenix and how to get one in 2017
- 4 top treatments athletes use for pain
- Emergency! What to do when bathrooms flood
- Arizona kids in crisis: How you can help
- New treatment offers hope for migraine sufferers
- 11 stadiums to watch your favorite football team
- Shopping for a TV? Best models for 2016
- Avoid this holiday plumbing disaster in your home
- 7 tips to avoid holiday weight gain
- New treatments mean better prostate cancer survival rates
- 5 of the scariest things found in drains