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California Misses $3.2B Shipyard | Sacramento News
Solano County’s dream of a $3.2 billion shipyard just fizzled out—Saronic Technologies chose Brownsville, Texas, over California, sparking outrage and finger-pointing. State Senator Christopher Cabaldon says local officials and lawmakers were ready to seal the deal, but California Forever, the real estate group pushing a massive new city, held the project hostage by tying it to their housing development. While unions and supporters credit Governor Newsom’s team for moving quickly, they blame the state legislature for failing to pass key legislation in time. The missed opportunity underscores…
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