Posted on 04/28/2014 6:29:02 AM PDT by jimbo123
Toyota Motor Corp. plans to move large numbers of jobs from its sales and marketing headquarters in Torrance to suburban Dallas, according to a person familiar with the automaker's plans.
The move, creating a new North American headquarters, would put management of Toyota's U.S. business close to where it builds most cars for this market.
North American Chief Executive Jim Lentz is expected to brief employees Monday, said the person, who was not authorized to speak publicly. Toyota declined to detail its plans. About 5,300 people work at Toyota's Torrance complex. It is unclear how many workers will be asked to move to Texas. The move is expected to take several years.
Toyota has long been a Southern California fixture. Its first U.S. office opened in a closed Rambler dealership in Hollywood in 1957. The site is now a Toyota dealership. In 1958, its first year of sales, Toyota sold just 288 vehicles 287 Toyopet Crown sedans and one Land Cruiser. Last year, Toyota sold more than 2.2 million vehicles in the U.S.
The U.S. branch picked Los Angeles for its first headquarters because of proximity to the port complex where it imported cars and easy airline access to Tokyo. As Toyota grew, it opened its national sales and marketing headquarters in Torrance in 1982. The complex, built where its parts distribution warehouse was once located, now has 2 million square feet of office space. But today, about 75% of the Toyota branded vehicles sold in the U.S. are built in America many of them at plants in Texas, Mississippi and Kentucky.
(Excerpt) Read more at latimes.com ...
Very big, in the shopping center world they would be the anchor tenant.
I did some work there 8 years ago. The people I worked with were conservative, family-oriented and hard working. One of them confirmed this story last night. Many will stay in California because of family ties. Some may try Nissan, literally right down the road.
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Not sure what’s left of Nissan. They moved their US HQ to Tennessee in 2006. Got to wonder what Honda/Acura is thinking right now. They are in Torrance, as well.
I think Gov.Perry has read “Atlas Shrugged” and is trying to turn Texas into “Galt’s Gulch”.
Can we have an immigration criteria and only take the ones we want?
I’ve spent a good deal of time in Long Beach and Torrance. Toyota ‘owns’ that place.
Several years, my backside.
They will get out of Dodge ASAP.
Every single day they stay is another day for the California Legislature to devise rules & taxes on those intent on departing.
There already is a bill in committee to TAX ANYONE leaving California....even those who die there.
Don’t tell the LA Slimes that. BTW, all Liberal California Toyota Employees.... You are not welcome here. Stay out of Texas!!!! Go to North Korea or Cuba!
.... The California government absolutely ignores the reason why businesses and taxpayers are fleeing the state .... IS because of those ever rising taxes and fees that make it unfeasible to do business in the state. Thus following the natural law of the Path of Least Resistance.
“Yes, because as we all know, there are no conservatives in California.
Geez.”
Yeah, Like Ronald Reagan and a bunch of his people who made up the WH staff and filled cabinet positions. Then there’s our good friend Jim Robinson and his staff. Some Freepers need to get a grip! Actually, having large businesses like Toyota leave may ultimately be a good thing for California. It was a much better place to live when there weren’t 35 million people here. Just think about the number of illegal Mexican gardeners who will have to move to Texas just to cut the lawns for 5300 white collar workers! Works for me!
Camry fan.
Look for the NTSB to find all 2015 Toyotas have new mysterious ghost acceleration issues and need immediate recall followed by fines.
The Toyota people that move to Texas will be in for a BIG SURPRISE when they retire. Their ‘friends’ back in Sacramento will come looking for their Income Tax money from their pensions, 401k, and other tax-deferred income.
I heard about that 25 years ago and IMMEDIATELY started planning my move to Texas, which was quickly executed. Something that I NEVER regretted.
Of course they did; but not on steep incline or whatever. They were built back then with bubble gum and chicken wire.
I hear they are much better now; but stolen a lot.
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