Toyota moving US headquarters from CA to Plano, TX (Nash: sublease, new home)

[Metro Matt]

On a side note, both Honda & Nissan have had operations in Texas for awhile now in Las Colinas.

[First24]

Another Asia-based motor company has announced they're locating a HQs in Dallas' northern suburbs.

Hisun Motors Corp. selects McKinney for its new U.S. headquarters

China-based Hisun Motors Corp., which makes utility-terrain vehicles and all-terrain vehicles, is opening its new North American headquarters in McKinney, where it will ultimately employ 80 new corporate workers.

Hisun Motors Corp. selects McKinney for its new U.S. headquarters - Dallas Business Journal

[hound 109]

Originally Posted by KSJT

DFW may indeed become the go-to US area for corporate HQ and business. It should have always been so, but I think more and more people are appreciating the Texas pro-business climate, no state income tax, good schools (DFW area), and the incredible travel advantages if based near DFW airport.

Great rail infrastructure and interstate access to both coasts. Major universities and hospital care. Major sports teams.

I think Austin is saturated and choking to death, and don't know how much more Austin can "grow". Georgetown is already North Austin basically.

Again, things all of us Texans already knew, but I think finally the rest of the world is catching on. This may be good or bad, depending on your perspective of course...

Just my two cents...

Congrats to Colin County. (& from my point of view, it's good for the whole state)

Not sure why Austin is being attacked in a thread that should celebrate Texas in general & N. Dallas in particular?

[ds1]

I bet this move to Plano drove the purchase of the naming rights for Toyota Stadium (FC Dallas) in Frisco last year.

[Johnhw2]

Originally Posted by ds1

I bet this move to Plano drove the purchase of the naming rights for Toyota Stadium (FC Dallas) in Frisco last year.

I doubt it the naming rights were set in sept 2013. I doubt the Toyota move to plano was decided until a month or two ago

[ds1]

Maybe you're right, but do you really think that such a large decision was only "decided" a month or two ago? I would think that Toyota has been working towards this for a long period of time. Anyway, it is very good news for the region, although I can't help but feel bad for the current employees that won't be making the move.

[KSJT]

Originally Posted by hound 109

Congrats to Colin County. (& from my point of view, it's good for the whole state)

Not sure why Austin is being attacked in a thread that should celebrate Texas in general & N. Dallas in particular?

Nobody is attacking Austin, a great town.

[Johnhw2]

Originally Posted by ds1

Maybe you're right, but do you really think that such a large decision was only "decided" a month or two ago? I would think that Toyota has been working towards this for a long period of time. Anyway, it is very good news for the region, although I can't help but feel bad for the current employees that won't be making the move.

I am pretty certain about the timing, no one can keep a secret that long. A move of this magnitude would require board approval. The land or mega lease options were in place before the board approval was sought. Once you decide where to move 4000 jobs you best announce it publicly it's the human thing to do as rumors start to run

[Gilah G.]

Originally Posted by hound 109

Perry's efforts to woo high paying jobs from other states seems to be somewhat successful.

For all the grief he receives (on a variety of topics), it seems to be time well spent. I would post a joke about California's inept state government & their inability to attract or keep businesses but why bother.

I thought the same thing.

But for all my right winger family and friends, the first thing out of their negative mouths
Was, " well that's all we need is those damn left coast liberals ****ting on Texas"

Can't please em'
Damn if you do
Damn if you don't.


This is a great move for our area.

[BigDGeek]

Originally Posted by Johnhw2

I agree completely. Thousands of jobs coming and bringing money into the DFW economy from outside it are great economically. The Federal Reserve economist indicated for every so called base jobs such as these jobs adds 2.5 additional support jobs for restaurants, cleaners, grocers etc. to an economy.

I agree Plano, Frisco will see meaningful housing impacts but think Prosper and Lovejoy schools areas might as well. The impact of the Nebraska Furniture Outlet and businesses that land around them along with Toyota will mean 121 area is going to develop significantly and fairly quickly.

Most of those jobs will already be spoken for, though. It isn't as if Toyota is going to hire 5,000 people in DFW to fill those jobs. I'd imagine that a majority of the people who already have those jobs will follow them here.