Last week, German-based SMA Solar Technology announced it would open a manufacturing facility in Colorado, spend approximately $22 million on it’s first non-European site, and hire 300 to 700 Denver workers starting in 2010. It should be noted that Colorado is listed among the top five states to do business according to Forbes magazine and CNBC.
It was rumored that many states were in the running for SMA — a company that makes components that integrate residential solar panels with electrical grids. For a state with a “Million solar roofs” policy, I’d like to know what California did to court this company. Why didn’t they receive the same treatment as Tesla motors with a sales tax exemption on capital equipment or something similar to attract their impressive operation?
Colorado has now landed at least 300 high paying manufacturing jobs that will contribute to its growth and emergence from the national recession, while California continues to pass environmental policies on the notion — not economic analysis or proof — that the environmental frontier exclusively creates jobs and helps the economy.