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Tim Tim is offline
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Default Genmar quits Florida for cheaper labor

On Jan 8, 10:10*pm, Vic Smith wrote:

When Sears moved HQ from Chicago to Schaumburg there was plenty of
gossip the CEO did it to be close to home.



vic, I wish our glorious goveernor would take heed instead of flying a
State jet back and forth from Springfield to the 'burbs. just cause he
"wants to be home". Fully staffed governors mansion, and nobody home.

excellent savings to the tax payer!
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Default Genmar quits Florida for cheaper labor

On Tue, 8 Jan 2008 20:43:31 -0800 (PST), Tim
wrote:

On Jan 8, 10:10*pm, Vic Smith wrote:

When Sears moved HQ from Chicago to Schaumburg there was plenty of
gossip the CEO did it to be close to home.



vic, I wish our glorious goveernor would take heed instead of flying a
State jet back and forth from Springfield to the 'burbs. just cause he
"wants to be home". Fully staffed governors mansion, and nobody home.

excellent savings to the tax payer!


Agreed. But there's way too much travel on them flying contraptions
anyway. A girl I worked with was flying someplace every weekend.
People are nuts.

--Vic
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Default Genmar quits Florida for cheaper labor

On Tue, 08 Jan 2008 22:10:14 -0600, Vic Smith
wrote:

When Sears moved HQ from Chicago to Schaumburg there was plenty of
gossip the CEO did it to be close to home.


There have certainly been lots of NY corporations that moved to
Greenwich and Stamford, CT for that reason. I think it's less likely
in Genmar's case. Sarasota is a pretty good place to live even if
it's not a good place to manufacture.

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Default Genmar quits Florida for cheaper labor

On Tue, 08 Jan 2008 22:11:27 -0500, Wayne.B wrote:

On Tue, 8 Jan 2008 20:44:25 -0500, "Gene Kearns"
wrote:

Anybody know what, "The high cost of doing business in Florida ......"
is a euphemism for?


My guess is that taxes and insurance are involved in the equation, and
quite possibly Genmar was looking for tax incentives from local
government and didn't get them. Sarasota is a relatively expensive area
with high property values.


I don't know if it's still the case, but at one time, Florida's workman's
comp was the highest in the nation.
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