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Not companies so much as job. And Virginia has been successful in attracting such employers as Amazon, Microsoft, and Nestle.
https://harpswellstrategies.com/wp-content/uploads/2021/06/Post-Pandemic-Economic-Leadership-for-Montgomery-County.pdf *Montgomery County failed to capture its pre-2007 share of regional job growth, leading to a cumulative impact of more than 14,000 high quality jobs in key industry sectors that chose to locate elsewhere in the region. *From the 1st quarter of 2016 through the 3rd quarter of 2020 (most recent data available), Fairfax County gained more jobs and gained jobs at a faster rate than Montgomery County in the research and development in the physical, engineering, and life sciences industry. *Montgomery County actually lost private business establishments from 2007 to 2019, while in the rest of Maryland the number of private establishments increased by 6.9%. During that period, private establishments in Fairfax County increased by 12.5%, in the District of Columbia private establishments increased by 21.6%, and in Arlington County private establishments increased by 21.9%. *Montgomery County’s neighbors are offering large incentives to employers on the move and to spur development. For example, Virginia offered Microsoft $22.5 million to move 1,500 jobs to Reston ($15,000 per job). This is well above the recent Montgomery County/State of Maryland combined award of approximately $11,700 per job. Given that businesses in Maryland must also overcome significant structural disadvantages (e.g., local piggyback income tax, higher corporate taxes, etc.), these awards are well below the level that would be necessary to incentivize a business to choose a Montgomery County location rather than a comparable location in Northern Virginia. |
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You are kidding right.
I know of 6 companies so far that have decided not to recruit from VA colleges. These will be CS jobs, Data science, business analyst. And they are Big companies one starts with an A and they are not going to be moving people to VA any more either. MOCO has pharma companies growing big time. Youngkin is going to destroy VA so companies are going to run give it another 6 months. Fun times. |
| Celera Genomics from Rockville to Alameda, CA. Their old building filled with MCPS employees - just like every corporation that leaves the county. |
Lmao..... Biotech in MoCo is so overrated. |
Wait, i thought CA was going down the drain? |
| Why would anyone give an eff about “job growth” in a bedroom community? |
It's not going down the drain as much as it is circling the drain. CA will always have a place because the high tech firms and VCs aren't going anywhere (just like the various government agencies aren't going anywhere in MD). Celera moved there after it had crapped out. It had a meteoric rise with the HGS project, and then floundered. Quest bought them. |
Because once schools start going down the drain property will follow.. Then the tax base flees because they have zero ties to MoCo. If there's no jobs, schools go down the toilet, and property values follow suit, how does the big govt machine in MoCo support itself with a crumbling tax base. |
Links or you are full of $hit. DP |
Wow. Because we need a tax base to continue to pay for regular infrastructure - schools, roads, public safety, waste removal, etc. Every community needs job growth. |
+1 You mean to say a company went to an even higher tax state, bypassing wonderful VA? Say it aint' so... |
So what you're really saying is that MoCo really IS that bad... |
No, that OP/trolls can't keep track of what thread they're on. |
Full of $hit it is. Thanks for playing! |
This has already happened in Moco. Agree with everything in your post except future tense. |