135 Jobs to Austin from California. Not the First to Leave. More to Follow.

• No incentives to stay offered by Governor Jerry Brown.
• Illinois is giving tax breaks.
• When will California wise up?

Read an excerpt from the report.

The company's proposed average wage will be $75,000, Porter said, and most of its jobs are expected to be filled with local employees.
Superconductor Technologies did not seek local economic development incentives. The company also looked at locations in the Denver and Phoenix areas before deciding on Austin.
The company lost $12 million in 2010 on revenue of $8.5 million, according to a securities filing.

Who would want to stay in Jerry Brown's hostile environment for business?


Read more from American Statesman by Kirk Ladendorf.