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Billionaire Backed 'California Forever' Wants to Build a Manufacturing Town
Company executives say a proposed manufacturing site will provide space for start-ups focused on robotics, defense tech, advanced transportation and other industries only a couple hours away from Silicon Valley.
upper waypoint Failed to save articleThe Solano Foundry would be built next to homes within California Forever's proposed mega-development and would provide space for defense tech, transportation, energy and other advanced manufacturing companies. (Courtesy of California Forever) The Foundry would be located just seven miles away and includes space for companies working on advanced transportation systems and supply chain technology, which officials say could help support shipbuilding. Russell Hancock, president and CEO of think tank Joint Venture Silicon Valley, studies economic and social trends of the region and said that, while California Forever might not be well-liked — or even trusted — amongst locals, the company’s premise is realistic.
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