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Toyota moving US base from California to Texas

Posted: April 28, 2014 12:15 p.m.
Updated: April 28, 2014 12:15 p.m.

Toyota's U.S. headquarters in Torrance, Calif. Toyota said that it will move its U.S. headquarters from California to Plano, Texas.

 

TORRANCE, Calif. (AP) — Toyota said Monday that it will move its U.S. headquarters from California to Texas.

Toyota will break ground this year on a new headquarters in Plano, Texas, a suburb of Dallas. Small groups of employees will start moving to temporary office space there this year, but most will not move until late 2016 or early 2017 when a new headquarters is completed.

The new campus will bring together approximately 4,000 employees from sales, marketing, engineering, manufacturing and finance who are now scattered around the country. That includes 2,000 employees at the current headquarters in Torrance, Calif.; 1,000 employees at Toyota's engineering and manufacturing center in Erlanger, Ky.; and 1,000 employees at Toyota Financial Services.

Jim Lentz, Toyota's CEO for North America, said the new headquarters will enable faster decision making and better collaboration.

Toyota said it will continue to have about 2,300 employees in California and 8,200 employees in Kentucky after the moves are complete. Toyota makes the Avalon and Camry sedans in Kentucky.

The company will also maintain offices in New York and Washington. Plants in Mississippi, Texas and Indiana aren't affected by the moves.

Toyota has had a presence in California since 1957, when it opened its first U.S. headquarters in a former Rambler dealership in Hollywood. The following year — Toyota's first in the U.S. market — it sold 287 Toyopet Crown sedans and one Land Cruiser.

By 1975, Toyota had become the top import brand in the U.S. It opened its current U.S. headquarters in Torrance in 1982.

Toyota sold 2.2 million cars and trucks in the U.S. last year.

Comments

SCV4ALL: Posted: April 28, 2014 12:36 p.m.

Los Angels County does not invite new business nor does it care to work with new business' - its a shame.


BigThan7777: Posted: April 28, 2014 2:06 p.m.

Liberalism at it's finest. Tax them, regulate them, overspend so you can do it more and more and more. What do you expect businesses and individuals to do? The working environment is really what's endangered in California, not the animals but the human beings ability to live in freedom because of all the "income equality" nuts who are destroying our state and country. Can't drill for oil or energy oh no because we will all die. Well, our economy is going to suffer and struggle as long as we do it to ourselves.


lars1: Posted: April 28, 2014 4:35 p.m.

Thanks jerry and the rest of the democrats in sacramento.
toyota joins occidental petroleumn and a total of 20 large companies have left california in the last 20 months.

The people who are leaving are the middle class who pays TOO MUCH.
Most of the public employees have $100K+ salaries and huge benefit packages.
what we have HIGH PROPERTY TAX, NEAR 10% SALES TAX, HIGH INCOME TAXES, UNFRIENDLY TO BUSINESS.

what texas has, LOW PROPERTY TAXES ($1500 on a 500K House)
SALES TAX 6.25%
NO (I REPEAT NO) INCOME TAX
BUSINESS FRIENDLY ENVIRONMENT



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