California, Here I Go

Wilford D. "Woody" Godbold Jr., like a lot of California executives, started having his doubts about the Golden State's economy a few years back. So the 54-year-old chairman of Los Angeles-based Zero Corp. laid out $4.5 million to buy a 300,000-square-foot factory in Salt Lake City. Zero, which brings in $160 million a year making cargo containers and electronic enclosures, still has seven plants in California. But Godbold thinks he may soon move one or more of them.

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