Toyota restructuring US operations, possibly moving to Texas [UPDATE]

Toyota restructuring US operations, possibly moving to Texas [UPDATE]

April 29, 2014 by · Leave a Comment 

Filed under: Hirings/Firings/Layoffs , Toyota UPDATE: It’s official, Toyota has announced it is relocating its North American headquarters in Plano, Texas. See the full story here . According to multiple sources familiar with the matter, Toyota is poised to announce Monday that it is restructuring its US operations, which may include plans to relocate some of its operations to Texas. Toyota Motor Sales has been located in California since 1957, and is responsible for North American sales, marketing, and distribution for Toyota, Lexus and Scion . According to Toyota literature, its Torrance operations presently employs 6,156 workers and represents a $2.3-billion investment. Workers in Toyota’s Torrance offices were abuzz about the possible relocation to Texas. One young offspring of a Toyota employee even posted to Twitter that her parents warned about the upcoming move, and she said she’s refusing to go. Rumors at one point had Toyota settling in Richardson, TX, just outside Plano. But Autoblog talked to Richardson Mayor Laura Maczka, who said she would be thrilled if that were true, but has not heard anything on the subject. Autoblog also emailed with Bill Sutherland, a city councilman in Torrance, CA, who said, “To date the only info I have is what I have read in the paper expecting a press release Monday.” If the automaker moves its operations to the Lone Star state, the transition is expected to take place in waves over two to three years.

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