Hell of a job, Moonbeam!
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. […]
The automaker won’t be the first big company Texas has poached from California.
Occidental Petroleum Corp. said in February that it was relocating from Los Angeles to Houston, making it one of around 60 companies that have moved to Texas since July 2012, according to Texas Gov. Rick Perry.
It was not long after my ex-husband and I were first married in 1980 that he went to work for Toyota and was part of the team that designed and installed their computer and data system at the Torrance facility. Toyota was an excellent employer.
It is going to be a major blow for the South Bay residents.
Thanks for another major cock-up, Democrats!
i wonder if Saatchi will move too
Don’t worry, California will just pass a law stating that any company that moves away from Cali will still have to pay CA corporate income tax…
Back during the bailouts we were taking looks at the profit per American made car and cost per car of all the auto makers … of the “imports” Toyota has the lowest profit and highest cost as they started out with that old Buick plant in Cali. And on top of that added tax burden Cali brings with it they have the UAW to deal with (part of the GM and Toyota bargain was to allow the Union in, and rehire most of the old workforce, though it came very close to being non-union and everyone reapply for the jobs, but some workers physically threatened the UAW bigwigs and told them “Get back in there and get me a job to feed my family”). So with plants now all over the USA, they are pumping money from them into the place and to keep in line with Honda et al, they need to keep prices competitive, so they make less money. This is going to happen sooner or later to the Cali truck plant (it has been a while, do they still build full vehicles there? I know the tranny for the Texas built truck supposedly come from there.) Eventually it will get so bad it will cost less for them to just walk away from the state totally.
Any publicly-traded company headquartered in California that isn’t making plans to relocate elsewhere should be facing shareholder revolts.
So are they headed to San Antonio and the Tacoma line campus?
Charles Hill saw a similar item and is skeptical — but that one’s about the sales side rather than manufacture. His source says that is supposed to move to Plano.
I’m very familiar with the people working at Saatchi located next to the Del Amo mall in Torrance. They had partisan hack Joel Stein as a guest speaker make a presentation to the agency prior to the 2012 election; that is an index of how libtarded the people working there are.
I promise you no more than a handful of the hundreds working there will realize their precious Cali Democrat politics have broken their golden employment egg as the layoffs in Saatchi Torrance begin.
Hmmm. It’s best I guess that as few of these saatchi obamasluts follow the company to Texas as possible.
No doubt Jerry will claim that Texas is not creating jobs but, stealing them.
NLRB riding in to rescue the UAW in 3…2…1
Toyota want to get the fuck out of California
Pfizer wants to get out from under the thumb of failmerica altogether
it’s like there’s a pattern here
Texas is enough cheaper than Cali that more jobs WILL be created.
It’s good news I just hope Texas doesn’t get to where it’s dependent on importing good jobs from california.
It’s not a rich vein what they’re tapping.
>It’s not a rich vein what they’re tapping.<
drip drip drip works
I just signed up my junk e-mail address to Bookbub for free or discounted promotional e-books. I’m in for sci-fi and fantasy. I’d like to go horror and suspernatural susepnse too but that will be all vampire/succubus smut. Bleah.
Is this a decent thing or did I just screw up and let the facebooky-shit demons haunt my e-mail account?
i have no idea I only have one e-book it’s called pandamonium except it’s spelled really fancy
I’m about halfway through that one and then I will get another book, effectively doubling my liberry
here is a musics with respect to the pandermoniums
it has robots
learning to read is its own reward, feets… congrats on making it that far
thanks!
this is a very exciting time for me
hooray for pikachus
@palaeomerus
BookBub is the real deal. I am addicted. I have two different accounts for different genres, so I get more choices. Can’t beat free and (mostly) 99 cent books.