Archive for the ‘Pennsylvania Business’ category

Spectrum Location Solutions Leaves Business-Unfriendly California for Pittsburgh Metro Area

April 18, 2018

PITTSBURGH, April 18, 2018 – A company that identifies favorable out-of-state locations for firms seeking to free themselves of California’s harsh business climate has itself departed the state for greener pastures.

Spectrum Location Solutions, which for ten years has been based in Irvine, in Orange County, has moved to Cranberry Township, a growing suburban community in Western Pennsylvania.

“I moved for three reasons – taxes, regulations and quality-of-life,” said Joseph Vranich, president of the boutique consulting firm.

“About taxes. Pennsylvania’s flat income tax rate allows my family to save a considerable sum compared to California’s progressive system – and sales taxes and real estate taxes are lower, too. California taxpayers shouldn’t expect any relief, as evidenced by the multitude of new taxes under consideration in the legislature,” Vranich said.

Next, I’ll have greater freedom in my business now that I’m free of California’s notorious regulatory environment and threats of frivolous lawsuits that hurt small businesses like mine,” he said.

“Finally, we are enjoying a superior quality-of-life here. We bought a house larger than what we had in California for about half the cost. We can afford to engage in more activities because the cost-of-living in Cranberry Township is 44 percent lower than in Irvine,” he said.

Concern about California’s costs is widespread. Statewide, 58 percent of Millennials and 65 percent of parents echoed the sentiment that “I am considering moving away from California because of the high cost of living,” according to a recent poll by the PR firm Edelman.

Gov. Jerry Brown’s spokesperson once said few companies would leave California for “desolate locations” elsewhere.

“Well, this area is the opposite of ‘desolate,’” said Vranich. “Pittsburghers are justifiably proud of their neighborhoods, cultural attractions, sports teams, scenic vistas, and transformation to a place where more than 10,000 innovative tech firms call home.”

About Us

Spectrum Location Solutions provides site-selection consulting services to help companies find optimal places for relocations, expansions or consolidations. Industries served have included manufacturing, electronics assembly, aerospace, software, financial services, healthcare, consumer goods, education, insurance, transportation and professional services. The company identifies candidate areas by evaluating workforce availability, operating costs, logistics patterns, building and land availability, taxes, economic incentives and quality-of-life factors. Mr. Vranich has also served as an Executive Coach and has been known as The Business Relocation Coach.

One focus of this blog has been to address California’s perennially difficult business environment. Joseph Vranich is known as The Business Relocation Coach while the formal name of his business is Spectrum Location Solutions. Joe helps companies find great locations in which to grow.

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Foxconn Selects Central Pa. For High-Tech Plant

November 24, 2013

It’s long been known in site selection circles that Foxconn Technology Group has been looking for a community in the United States in which to locate a new manufacturing facility. Details as to which areas were being evaluated have been known to only a select group of economic development officials.

Now we know. Yesterday Foxconn announced it will invest $30 million in Pennsylvania for a plant to manufacture electronic components. About 500 jobs will be created in a facility expected to be in or near Harrisburg.

Company Chairman Terry Gou said about the new facility: “We’ll go from original component R&D through to a complete high-end production chain. However this is not, as assumed, manufacturing for a specific brand…. We won’t be migrating Chinese production lines, but creating high-precision, high-tech, high value-added manufacturing in the U.S for future technology trends.”

According to the Economic Development BlogGou reportedly met with Gov. Tom Corbett “before deciding on selecting the state for the investment and signing an MOU with Pennsylvania for the project. FoxConn is not asking for any state incentives.” [Emphasis added.]

The Harrisburg Patriot-News cautioned, “It was not immediately clear whether Foxconn will be the company behind the proposed investment of a Apple repair facility near Carlisle.”

The announcement included good news for the western part of the state. Foxconn will invest $10 million in research and development at Carnegie Mellon University.  According to a Pittsburgh Business Times story, the university will be working with Pennsylvania and Foxconn “on a research initiative to bring high-tech manufacturing jobs to the state [and] work with Foxconn to integrate robotics and advanced manufacturing techniques into the company’s manufacturing process.

The company, bowing to pressure to manufacture more of its products in the United States, is believed to have additional domestic locations under study.

Foxconn is the commonly known trade name for Hon Hai Precision Industry, which is based in Taiwan and is the world’s largest contract electronics manufacturer. It’s customers include Apple, Cisco, Dell, Nokia and Sony. Foxconn Electronics currently has an operation in Harrisburg with 30 employees.

One focus of this blog has been to address California’s perennially difficult business environment. Joseph Vranich is known as The Business Relocation Coach while the formal name of his business is Spectrum Location Solutions. Joe helps companies find great locations in which to grow. Also, Joe has been a Keynote Speaker for more than 20 years – see A Speaker Throughout the U.S. and in Europe and Asia.