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RE: LeoThread 2025-11-11 01-10

in LeoFinance9 days ago

Part 2/9:

One of the most recent and impactful blows is the shutdown of Blue Diamond Growers’ Sacramento plant, a fixture in the community for over 115 years. Approximately 600 employees are set to lose their jobs as the company consolidates operations into facilities in Turlock and the Central Valley.

Blue Diamond cites the high costs of operating near neighborhoods and downtown Sacramento as primary reasons for the move. The company emphasizes the need for efficiency, severance packages, and relocation incentives for employees—yet the message is clear: California's regulatory and economic environment has become untenable for many longstanding businesses.

Industry-Wide Decline in Food Processing and Agriculture-Related Factories