Toyota Will Move U.S. Headquarters to Texas

13 Июн 2015 | Author: | No comments yet »
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Toyota Will Move Headquarters to Texas

By Jerry and David Undercoffler

Toyota Corp. plans to move numbers of jobs from its and marketing headquarters in Torrance, to suburban Dallas, according to a familiar with the automaker’s The move, creating a new North headquarters, would put management of U.S. business close to it builds most cars for market.


North Chief Executive Jim Lentz is to brief employees Monday, the person, who was not authorized to speak Toyota declined to detail its About 5,300 people at Toyota’s complex in Torrance, a Los suburb. It is unclear how many will be asked to move to The move is expected to take years.

Toyota has long a Southern California fixture. Its U.S. office opened in a Rambler dealership in Hollywood in The site is now a Toyota dealership. In its first year of sales, sold just 288 vehicles _ 287 Crown sedans and one Land Last year, Toyota more than 2.2 million in the U.S.

The U.S. branch picked Los for its first headquarters because of to the port complex _ where it cars _ and easy airline to Tokyo. As Toyota grew, it its national sales and marketing in Torrance in 1982. The complex, where its parts distribution was once located, now has 2 million feet of office space.

But about 75 percent of the Toyota vehicles sold in the U.S. are in America _ many of them at in Texas, Mississippi and Kentucky.

The won’t be the first big company has poached from California.

Petroleum Corp. said in that it was relocating from Los to Houston, making it one of around 60 that have moved to since July 2012, to Texas Gov. Rick

Perry last month California to recruit companies. The Americans for Economic Freedom recently launched a $300,000 campaign in which Perry 50 California companies have to expand or relocate in Texas it offers a better business

Like these other Toyota could also money in an environment of lower taxes, real estate and cost of living.

Frank Torrance’s mayor, said he had no of Toyota’s decision. He said he did that the automaker planned a announcement for Monday.

When any corporation is courted by another it’s very difficult to that, Scotto said. We have the tools we need to major corporations here.

The mayor said businesses higher costs in California for compensation and liability insurance, other expenses.

A company can see where it would benefit by someplace else, Scotto

Both New York and Texas aggressively pursued major corporations by promising a number of incentives to get them to relocate, he

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The restructuring of Toyota’s organization has its in 2009, when an off-duty Highway Patrol officer and his were killed in the fiery of a Lexus near San Diego. crash shined a spotlight on acceleration problems in Toyota The accident was linked to floor jamming the gas pedal, causing the car to out of control. Those problems Toyota on the path to reorganization could now result in thousands of moving from California to

Toyota was slow to disclose and the problems, but it eventually recalled of vehicles to fix the floor mat issue, with another mechanical that caused sticking gas This year, Toyota a $1.2 billion federal for misleading consumers, regulators and about the safety problems.

A panel convened by the automaker that Toyota’s management slowly and ineffectually to the growing crisis because it was hampered by a management style that short shrift to customer The panel also noted Toyota had developed an adversarial with federal safety

The automaker has worked to reorganize its structure to address those and give more autonomy to its operations. Toyota named a longtime U.S. sales chief executive of its North operations, in charge of manufacturing, and development, sales and marketing. is now overseeing the establishment of the new North headquarters.

The company is well in the South. Its primary factories are in where it builds the Camry and Mississippi, where it builds the and Texas, where it builds and Tacoma pickup trucks. It has a big engine plant in Alabama. next year will assembly of its first U.S.-built the automaker’s luxury brand, in

Moving the U.S. corporate to Texas puts senior closer to those factories.

isn’t the first automaker to Southern California. In late Nissan announced it was moving its American headquarters from to Franklin, Tenn. just of Nashville. About 550 employees for Tennessee; an additional 750 left at Nissan to stay in Southern

The costs of doing business in California are much higher the costs of doing business in Nissan Chief Executive Ghosn said at the time. He cheaper real estate and business taxes as key reasons for the

Fritz Hitchcock, who owns Toyota dealerships in Southern said Toyota’s decision affect local car sales. But he it represents an indictment of California’s climate.

(c)2014 Los Angeles

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