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.

It might be something as simple as the CEO no longer wanting a home in
Florida, which was somehow subsidized by the plant location.
When Sears moved HQ from Chicago to Schaumburg there was plenty of
gossip the CEO did it to be close to home.
And as Don said, local govs are sometimes squeezed for concessions for
the jobs.

--Vic