Toyota Flees CA for TX - San Diego, California Talk Radio Station - 760 KFMB AM - 760kfmb

Toyota Flees CA for TX

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Toyota Motor Corp. said it will move its North American headquarters from California to Texas — and shift about 250 jobs to its Washtenaw County technical center near Ann Arbor.

The Japanese automaker said it will move its headquarters from Torrance, Calif., over the next three years to a single, state-of-the-art campus in Plano, Texas. Toyota’s North American finance arm also plans to move its headquarters to this new shared campus. Altogether, these moves will affect about 4,000 employees.

Toyota also disclosed it will expand its Toyota Technical Center in York Township near Ann Arbor to accommodate the relocation of direct procurement from Erlanger, Ky. The automaker said the expansion is part of an increased investment in engineering capabilities and will accommodate growth in product development.

Toyota said it plans to build a new facility on its Michigan campus — subject to final approval of state and local incentives — to accommodate the 250 workers.

Toyota’s tech center employs 1,153 people in Michigan. In 2012, it announced it would add 100 jobs over five years. The company does much of the research and development for U.S. models in the state.

From The Detroit News:
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