Toyota moving from Cali to Plano, Texas
#17
Lexus Champion
Although HQ may move, Torrance will still be a busy hub.
Torrance has the largest Parts & Distribution center, as all export Toyota materials from a single bolt to a whole door panel pass through the Port of L.A. before heading to its U.S. destination.
In other words, Texas will most likely get most of its business/financial/documentation transactions, but California will maintain its supply & materials.
Torrance has the largest Parts & Distribution center, as all export Toyota materials from a single bolt to a whole door panel pass through the Port of L.A. before heading to its U.S. destination.
In other words, Texas will most likely get most of its business/financial/documentation transactions, but California will maintain its supply & materials.
The short answer is critical mass... in any number of factors that make a business work.
The right employees: You have a much greater chance of finding the right employees (especially if you need a skilled or specially educated workforce) in or close to large urban centres. The large urban centres are also more likely to have the institutions that will educate the workforce you are looking for. Toyota Mississippi had a hard time at first finding employees because the right people with the right skills were just not available in the deep South.
Transportation and other infrastructure: Large urban centres are much more likely to be transportation hubs for rail, highways, airport and seaport facilities to bring in supplies, deliver finished goods and bring in customers. Large urban centres are also much more likely to have access to stable power sources and access to stable communications resources (voice and high-speed data).
Similar businesses: Businesses tend to congregate in hubs. The features that attracted your business attract other businesses also. These other businesses could be competitors but they could be suppliers also. Congregations of business helps to keep costs down because they attract people who may become your employees, make it easier and cheaper to construct and maintain the transportation and supplier hubs.
#19
Formerly Bad Co
Join Date: Dec 2013
Location: Chicago
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Take ADM for example its moving it Decauter headquarters to the loop because of a lack of talent.
Motorolla just moved its offices from Libbertyville back to the Loop because the young talent they desires the fun neighborhoods. The old headquarters are 40 miles from the loop.
The reverse commute is now more congested (city to burbs), than the inbound commute.
There are still lots of companies in the suburbs.
Walgreens
Cat
Allstate
Office Max
McDonalds
etc...
Last edited by doge; 04-28-14 at 08:48 AM.
#20
Tech Info Resource
iTrader: (2)
The trend is working both ways. Downtown Chicago is the fastest growing in the nation.
Motorolla just moved its offices from Libbertyville back to the Loop because the young talent they desires the fun neighborhoods. The old headquarters are 40 miles from the loop.
The reverse commute is now more congested (city to burbs), than the inbound commute.
There are still lots of companies in the suburbs.
Walgreens
Cat
Allstate
Office Max
McDonalds
etc...
Motorolla just moved its offices from Libbertyville back to the Loop because the young talent they desires the fun neighborhoods. The old headquarters are 40 miles from the loop.
The reverse commute is now more congested (city to burbs), than the inbound commute.
There are still lots of companies in the suburbs.
Walgreens
Cat
Allstate
Office Max
McDonalds
etc...
#21
Formerly Bad Co
Join Date: Dec 2013
Location: Chicago
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You have some neighborhoods that have not experienced a crime like that for years and than you have other where its a weakly occurrence.
Too be fair murder rate/ violent crime rate is down substantially compared to its peak in 2012
Last edited by doge; 04-28-14 at 08:55 AM.
#26
Tech Info Resource
iTrader: (2)
At the same time, the wife worked for Lowes in Union City, CA and kept her California wages when Lowes moved us to Atlanta as well.
No guarantees those who choose to move will suffer financially.
#28
Lexus Champion
On the news, t think I saw there were 44-46 shootings (vs. murders) over the Easter weekend. Still far too many.
#29
#30
Lexus Fanatic
Doesn't surprise me a bit that Toyota is leaving. California is killing people and buisnesses with over-regulation, taxes, and high costs. That's why Nissan of America got out of the state and went to Tennessee several years ago, and why VW of America set up shop just a few miles from my house here in the Northern Virginia D.C suburbs.