Topic: Toyota announced plans to move the auto maker's headquarters | |
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Edited by
alleoops
on
Mon 04/28/14 07:19 PM
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PLANO TX.-- Toyota announced plans Monday to move the auto maker's headquarters to Plano from its current location in Southern California.
A press release formally announcing the move said it is "designed to better serve customers and position Toyota for sustainable, long-term growth." Toyota will move its North American headquarters for manufacturing, sales and marketing, and corporate operations to a single, "state-of-the-art" campus in Plano over the next three years, according to the release. The state of Texas has offered Toyota $40 million as the automaker begins the move. The state incentives for Toyota come from the Texas Enterprise Fund. The fund has been used to persuade firms to expand in Texas since 2003. Gov. Rick Perry announced Monday that Toyota will invest more than $300 million in the Plano facility. Perry has become famous for his cross country tours to lure businesses and has drawn a lot of criticism from his counterparts for coming into their territory and touting his own state like a used car salesman. But with a prized new car headquarters now coming, the governor says his road rallies are clearly proving successful in bringing business to Texas. In a statement, he said Texas' low taxes and relaxed regulations can help Toyota thrive. http://www.wfaa.com/news/business/Toyota-moving-headquarters-to-Plano-257025461.html In a little more than a decade, the governor’s office says the state has shelled out $558 million in incentives. But his office says it has paid off big, bringing in 74,500 new jobs and $24 billion of investment in the state. The mayor of Plano predicts that once occupied, the new headquarters will generate $140 million in tax revenue over a decade and said the city and the state have been working for months to seal the deal. Thank you Rick Perry. |
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Edited by
alleoops
on
Mon 04/28/14 07:18 PM
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Ya'll come on down here now and make your self at home.
And "Konichiwa biatches". ![]() |
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I drive a Honda and we're fine here in Ohio
![]() ![]() good luck down there ![]() |
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California needs to "wise up".
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