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Old 05-07-2013, 12:57 PM
 
Location: Dallas
328 posts, read 468,230 times
Reputation: 447

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"Raytheon Co. (NYSE: RTN) plans to move the headquarters of a $6 billion business unit from El Segundo, Calif. to McKinney, the company said Thursday.

"Raytheon's Space and Airborne Systems, one of the company's four business units, will move in an effort to streamline operations, increase productivity and achieve stronger alignment with its customers' priorities. The Waltham, Mass.-based electronics, mission systems and defense technology parent company already has a presence in McKinney."

...

Moderator cut: 1-2 sentences and link
Raytheon moving California HQ to McKinney - Dallas Business Journal

Not a lot of jobs, but a coup nonetheless. And more prestige for the area.

Last edited by SouthernBelleInUtah; 05-07-2013 at 04:04 PM..
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Old 05-07-2013, 01:31 PM
 
19,498 posts, read 17,739,722 times
Reputation: 17034
Quote:
Originally Posted by casimpso View Post
"Raytheon Co. (NYSE: RTN) plans to move the headquarters of a $6 billion business unit from El Segundo, Calif. to McKinney, the company said Thursday.

"Raytheon's Space and Airborne Systems, one of the company's four business units, will move in an effort to streamline operations, increase productivity and achieve stronger alignment with its customers' priorities. The Waltham, Mass.-based electronics, mission systems and defense technology parent company already has a presence in McKinney."

...
Moderator cut: 1-2 sentences and link
Raytheon moving California HQ to McKinney - Dallas Business Journal

Not a lot of jobs, but a coup nonetheless. And more prestige for the area.
Scoreboard for McKinney. Nicely done.

Last edited by SouthernBelleInUtah; 05-07-2013 at 04:04 PM..
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Old 05-07-2013, 01:33 PM
 
Location: Texas State Fair
8,560 posts, read 11,171,815 times
Reputation: 4257
There goes the neighborhood...

There ain't no 'schools out' buying season. Better buy now before all the houses are gone.

Good move on behalf of this Raytheon facility. Welcome to Texas.
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Old 05-07-2013, 01:59 PM
 
1,315 posts, read 2,667,183 times
Reputation: 762
Great move by Raytheon,fantastic for Mc Kinney and the surrounding areas....
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Old 05-07-2013, 02:39 PM
 
Location: Richardson, TX
8,734 posts, read 13,762,825 times
Reputation: 3807
Looking at a couple of threads, it doesn't take a rocket scientist to figure out why some jobs offer a living wage and some don't.
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Old 05-07-2013, 03:08 PM
 
19,498 posts, read 17,739,722 times
Reputation: 17034
Quote:
Originally Posted by PanTerra View Post
Looking at a couple of threads, it doesn't take a rocket scientist to figure out why some jobs offer a living wage and some don't.
I see what you did there. Good one.
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Old 05-07-2013, 03:32 PM
 
Location: Wylie, Texas
3,812 posts, read 4,387,685 times
Reputation: 6107
Quote:
Originally Posted by PanTerra View Post
Looking at a couple of threads, it doesn't take a rocket scientist to figure out why some jobs offer a living wage and some don't.
touche...lol...but seriously...average job paying $250K!?!?!??! yep, definitely steering the kiddos to the air missile defense system majors..
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Old 05-07-2013, 03:35 PM
 
Location: plano
7,885 posts, read 11,327,066 times
Reputation: 7789
Quote:
Originally Posted by biafra4life View Post
touche...lol...but seriously...average job paying $250K!?!?!??! yep, definitely steering the kiddos to the air missile defense system majors..
Steer them to global oil and gas as petroleum engineers. Those guys start at $100k and earn $200k+ bonus with 5 years. Less cyclical than defense too and better bene's.

I cant believe this firm could move from Ca with it awesome weather and mountains and oceans...its an ideal place....for tourist... apparently not for a defense contractor!
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Old 05-07-2013, 03:42 PM
 
Location: Texas
5,872 posts, read 8,063,045 times
Reputation: 2971
Quote:
Originally Posted by Willsson View Post
There goes the neighborhood...

There ain't no 'schools out' buying season. Better buy now before all the houses are gone.

Good move on behalf of this Raytheon facility. Welcome to Texas.

Neighbors house has been active for 30 days, as well as three in section over from them. All now have contracts as of yesterday. 3 of the 4 are from California. Coincidence? Neighborhood is 10 minutes from Raytheon.

Good for them, good for McKinney, good for N. Texas.
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Old 05-07-2013, 03:52 PM
 
Location: Dallas area, Texas
2,353 posts, read 3,837,379 times
Reputation: 4173
Quote:
Originally Posted by Johnhw2 View Post
Steer them to global oil and gas as petroleum engineers. Those guys start at $100k and earn $200k+ bonus with 5 years. Less cyclical than defense too and better bene's.

I cant believe this firm could move from Ca with it awesome weather and mountains and oceans...its an ideal place....for tourist... apparently not for a defense contractor!
Perhaps the cost of living? Even at those salaries, I suspect that most live more than an hour from the office. Plus, McKinney/Dallas is closer for trips to the head office in Massachusetts. Or, maybe they wanted to be closer to the 8000+ employees already in the DDW area?
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