Utterly sad. I guess this is another victory for California Democrats.
Another major company with California headquarters will be shutting down its operations in California & moving to the Lone Star State.
Toyota has had its North American headquarters in Southern California since 1957, when they opened their first US dealership in Hollywood, California. They've been based in Torrance, California (a suburb of L.A.), for the past 40 years.
Lured by Texas governor Rick Perry & lower taxes, cheaper land, and less regulations - Toyota's headquarters (& all of their upper level personnel) will be moving to suburban Dallas, Texas (Plano). In one fell swoop, that's a loss of over 6,000 desirable jobs from California to Texas.
It's also particularly sad, as Californians probably are Toyota's most loyal customers. Driving around in California, you will seriously see more Toyotas on the road than Fords or Chevys.
This latest exodus continues the trend of businesses leaving California for red states. Nissan, used to have its North American headquarters in Southern California too, until it moved to Mississippi in 2006. Northrup Grumman (defense contractor) moved all of its operations from Southern California to Northern Virginia in 2010.
Even California's most famous industries - the film industry in Southern California & the technology industry in Silicon Valley/ Bay area are leaving the state. Companies like Apple are setting up shop in places like Austin, Texas. Film companies are leaving California to go to places like Atlanta, Georgia & Louisiana & North Carolina, where they are offered huge tax breaks.
Heck, even porn companies are leaving California, probably also because of the new "condoms mandatory in porn" laws in California.
The Sriracha hot sauce company recently opened a new factory near L.A. but they too want to leave California, for a more business-friendly locale. Apparently 4 people complained about the smell outside the Sriracha factory, so the local city is suing them for damages in court and declared the factory a "public nuisance."
You seriously can't make this sh*t up.
Can any of the liberals or Democrats here please explain to me why Democrats hate businesses so much that they impose so many regulations and high taxes on them? And then when those businesses leave (& take good paying jobs with them) to "red" states like Texas, Democrats act shocked & surprised??
It's huntin' season, Californians. Rick Perry & Republicans from red states are here to poach your jobs.....