Measure 66 & 67 Fall Out: Another Company Decides to Expand Elsewhere. Thanks Democrats!

October 9, 2010

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This story in the Zero has this money quote about Stimson Lumber’s Andrew Miller:

But Miller said that as a “steward of other peoples’ money,” meaning the owners of privately held Stimson, he has to ponder what the future will bring.
“I’m thinking where should we allocate our capital, where should we hire people,” said Miller.  “Well, we’re hiring people in Idaho.  We laid off 65 people in Forest Grove, Oregon two weeks ago and we’re hiring people in St. Maries, Idaho.”
That decision was affected by the business climate, he said, adding that he worries in Oregon when another tax increase may be headed the company’s way, or another adverse regulatory action.

 Stimson’s on the radar because it has given a lot of money to Chris Dudley.


Good. I’m glad someone has some money left over in his Democrat worsened recession to give money. The Zero’s report wonders if the move has to do with a DEQ fine at the Forest Grove facility. Overregulation has its consequences. Or is it overreach as in the case of Hood River Juice, hmmm?

Miller said he had just returned from an annual meeting that Home Depot hosts for its suppliers, and he explained, as the CEOs and other executives talked with each other, how their “perception of Oregon is incredibly negative.”
“Oregon has been lumped in with Michigan, with New Jersey, with California…Ohio, Pennsylvania.  These are places these companies do not want to do business if they don’t have to,” said Miller.  He likened these states to being on a “skull and crossbones list.”
“It isn’t that the marginal tax rate is 100 basis points higher in this state than in that state,” Miller added.  “It’s just an attitude around the political leadership that says, ‘You just owe us more, and we expect you to do more.'”

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