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Kings County to Lose Its Enterprise Zone?

Kings County officials are up in arms this week as Sacramento threatens to remove its designation as a state enterprise zone. Considering that we’re in the one of the worst recessions in recent history, cutting incentives to hire new employees does not seem to be the best strategy for decreasing the job crisis.

Eiji Yamashita, from the Hanford Sentinel, reports, “The county leadership is expected to send a letter to Assemblyman Manual Perez, chairman on Jobs, Economic Development, and the Economy urging him to advocate for economically depressed areas like Kings County and help them retain their enterprise zone status.”

Without this enterprise zone designation, Kings County would not have the same appeal to new businesses and may even have issues with retaining current companies, since it would be in their best interest to move to a more corporate friendly city.

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