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MoneyGram is moving its HQ to Dallas
Minneapolis / St. Paul Business Journal ^ | 9-23-10 | Sam Black and Jan Buchholz

Posted on 09/23/2010 8:59:57 AM PDT by WOBBLY BOB

MoneyGram International Inc. is moving its global headquarters to Dallas from St. Louis Park. The company’s executive staff will move to Dallas and there will be new hires there as well. MoneyGram plans to have about 75 employees in place in Dallas by March 2011 and 150 by 2012. Today the company has about 800 jobs in the Twin Cities, including 470 at the MoneyGram Tower in St. Louis Park and 330 at an operations center in Brooklyn Park.

(Excerpt) Read more at twincities.bizjournals.com ...


TOPICS: Business/Economy; News/Current Events; US: Minnesota; US: Texas
KEYWORDS: dallas; dayton; jobs; mn; moneygram; moving; taxes
the thought of Mark Dayton for guv probably scared them away.
1 posted on 09/23/2010 9:00:01 AM PDT by WOBBLY BOB
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To: WOBBLY BOB

Also, I guess it’s a question of which would you rather do, freeze in the winter or broil in the summer?


2 posted on 09/23/2010 9:07:27 AM PDT by Cicero (Marcus Tullius.)
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To: WOBBLY BOB

Hmmm,, i wonder what Texas was appealing? Taxes low? No personal income tax? An aggressively pro-business environment?


3 posted on 09/23/2010 9:15:49 AM PDT by DesertRhino (I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office)
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To: WOBBLY BOB

The fact that Dayton is even a candidate is enough to scare me away.


4 posted on 09/23/2010 9:16:31 AM PDT by DManA
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To: DesertRhino

Maybe they’re going to be closer to their customer base of illegals wiring money back to their families in Mexico.


5 posted on 09/23/2010 9:18:34 AM PDT by MediaMole
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To: WOBBLY BOB

I worked on Moneygram software for 7-11 atms. I believe Moneygram bought 7-11 or at least the ATM part of it, and that was located in Dallas, so it makes sense.

Also the weather - except for the summers - is a great improvement. I like Dallas. Kind of wish I lived there. I might still have a job!


6 posted on 09/23/2010 9:18:43 AM PDT by SusaninOhio
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To: WOBBLY BOB

Not surprised. Having lived in both Minnesotastan and Dallas, Dallas wins hands down. Minnesota is a California wannabee in their liberal mentality and tax burden on corporations and individuals. Dallas is more business friendly and less regulation/taxes compared to MSP, plus the cost of living is less. MSP had a great QOL but, like Cali., they are destroying it with demorat regulation and multi-culti love for things unamerican like shari’a law in little Somalia, etc... MSP took pride in their nickname the “Little Apple” trying to emulate and become the NYC of the midwest. Instead they are chasing away business. If Dayton and his ilk continue to get elected the day will come where 3M, Best Buy, Target, Cargill and Carlson Companies will move their HQs to somewhere more business friendly. Then Minnesotastan can revel in all its glory, goal achieved, it will become the California of the midwest.

In closing, moving to Texas may make the headlines, but many small businesses and expanding businesses are choosing the Dakotas, for a midwest presence, over Minnesotastan due to the anti-business climate in Minn.


7 posted on 09/23/2010 9:24:53 AM PDT by CharlesMartelsGhost
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To: DesertRhino

Plus it’s probably cheaper to send all that home money to MX than Somalia. ;)


8 posted on 09/23/2010 9:36:20 AM PDT by WOBBLY BOB ( "I don't want the majority if we don't stand for something"- Jim Demint)
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To: Cicero
Also, I guess it’s a question of which would you rather do, freeze in the winter or broil in the summer?

Us rubes down here in Texas have finally adopted air conditioning. Now we can stay just about any temperature we want year round.

9 posted on 09/23/2010 10:18:52 AM PDT by Mind-numbed Robot (Not all that needs to be done needs to be done by the government)
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To: Cicero

We may boil, but you don’t have to shovel heat and you don’t change tires to deal with hot roads. Oh and the 75 folks that are leaving will not need as many sweaters or snow shovels or a 7.85% tax on their income paid to the STATE. Finally the overall cost of living - housing and other stuff is 18% lower in Dallas than at the home of the Prairie Home companion. Welcome thanks for brining your jobs. Soon you will want to move the other 800 here too.


10 posted on 09/23/2010 10:32:52 AM PDT by q_an_a (a)
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To: Cicero
Also, I guess it’s a question of which would you rather do, freeze in the winter or broil in the summer?

Also, I guess it's a question of which would you rather learn, Arabic or Spanish.

11 posted on 09/23/2010 10:35:51 AM PDT by the_devils_advocate_666
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To: the_devils_advocate_666
Also, I guess it's a question of which would you rather learn, Arabic or Spanish.

Somali would be more appropriate here in MN.

12 posted on 09/23/2010 9:52:49 PM PDT by cryptical (The early bird gets the worm, but the second mouse gets the cheese.)
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