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California drove Toyota out of state: Torrance Mayor
CNBC.com ^ | 4/29/2014 | Jaewon Kang

Posted on 04/29/2014 2:04:05 PM PDT by Beave Meister

Edited on 04/29/2014 3:40:30 PM PDT by Admin Moderator. [history]

Torrance Mayor Frank Scotto blames the state of California for Toyota Motor's decision to relocate its North American headquarters from the city to Plano, Texas.

"The state of California lost Toyota," Scotto said on "Power Lunch" Tuesday.

He pointed to a number of issues in the Golden State that negatively affect companies' bottom line: tax structure, workers' compensation and liability insurance.


(Excerpt) Read more at cnbc.com ...


TOPICS: Chit/Chat
KEYWORDS: california; democrats; economy; frankscotto; liabilityinsurance; liberals; lonestarstate; obama; obamacare; plano; taxes; texas; torrance; toyota; workerscompensation; youaskedforit; yougotit
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Drip, drip, drip......
1 posted on 04/29/2014 2:04:05 PM PDT by Beave Meister
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To: Beave Meister

No problema.
The CA politicians will just increase taxes
for everyone else (except Democrats and criminal illegals).


2 posted on 04/29/2014 2:05:58 PM PDT by Diogenesis
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To: Beave Meister

Toyota say “fuzakeru na” (stop being stupid)


3 posted on 04/29/2014 2:06:33 PM PDT by DannyTN
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To: Beave Meister

Think of just how huge and heavy a lot of car fab equipment is —it is hugely, hugely immobile, and a move for such a company is not at all a casual thing.

If a car fab sees fit to move, then what type of move temptations do, say, GAME and NET companies feel...?

They have probably felt tempted for years, and have simply stayed mum.

Say that MOST or ALL virtual companies left California —what would happen to the place, hmmm...?

Detroit was able to run on empty for decades, but I suspect California will be different.


4 posted on 04/29/2014 2:08:22 PM PDT by gaijin
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To: Beave Meister

Adios, Los Angelinos...


5 posted on 04/29/2014 2:11:40 PM PDT by Hotlanta Mike ("Governing a great nation is like cooking a small fish - too much handling will spoil it." Lao Tzu)
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To: Diogenesis

Change you can believe in...


6 posted on 04/29/2014 2:12:08 PM PDT by Beave Meister (Die Hard Cubs Fan.....if it takes forever.)
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To: gaijin

The film industry has already been increasingly saying goodbye to Hollywood.


7 posted on 04/29/2014 2:13:13 PM PDT by Hotlanta Mike ("Governing a great nation is like cooking a small fish - too much handling will spoil it." Lao Tzu)
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To: gaijin

It says they’re moving their headquarters, so there may be no machinery to move. Do they even make cars in Cali?


8 posted on 04/29/2014 2:13:41 PM PDT by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: gaijin
Exactly. Toyota was here more than 30 years. Heavy manufacturing plants are not easy to move and that probably give the California politicians the gall to keep plucking them.

Plus, Japanese companies are extraordinarily patient and love the California climate.

But everyone has a point where they will put up with it no longer.

9 posted on 04/29/2014 2:14:39 PM PDT by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: Beave Meister

Not sure why anyone is surprised by this, Governor Brown and the Democrat Party in California have always and quite publicly maintained their goal of “Punishing” those evil, greedy businesses that exploit their workers for their own profit and self serving interests like success.

Never fear Californians, During my daily travels throughout LA and Orange counties I see more and more commercial real estate being taken up by these two huge companies, it is just a matter of time until the Help Wanted signs go up. Start scouring the internet to see if you can get one of these Jobs, the companies are called: “For Lease” and “Space Available”.


10 posted on 04/29/2014 2:17:02 PM PDT by eyeamok
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To: Dr. Bogus Pachysandra
It says they’re moving their headquarters, so there may be no machinery to move. Do they even make cars in Cali?

Yes, in the south SF bay city of Fremont (about 11 miles away from Silicon Valley/San Jose), until 4 years ago. It was some US/Japan venture thing, a type of partnership that went bankrupt.

I understand that made for part of what Tesla moved into.

So the answer is yes, one of the highest tech makers in the world is in California, but it is now the pet boutique project of a billionaire, which is fine, but they are not really in the clear, or anything.

I think if things keep moving in the direction I see, Tesla might one day move away.

11 posted on 04/29/2014 2:21:35 PM PDT by gaijin
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To: Beave Meister
The CARB tax is the latest CA job killer. The mantra out here is green jobs....green jobs...green jobs. Repeat another thousand times and you might actually believe it's going to happen.
12 posted on 04/29/2014 2:21:56 PM PDT by Huskrrrr
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To: Vigilanteman

The last automobile assembly plant in California closed years ago. Toyota North America had a large headquarters presence in Torrance, CA., near LAX. I heard Jerry Brown’s comments on the loss of Toyota. He sounds like he does not care and he assumes some other corporation will jump in and take their place.


13 posted on 04/29/2014 2:22:00 PM PDT by forgotten man
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To: Dr. Bogus Pachysandra

Do they even make cars in Cali?

Tesla, for the very rich.


14 posted on 04/29/2014 2:22:40 PM PDT by Huskrrrr
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To: Beave Meister; All
it appears; the CA Dems, are as stupid as the (the stupid party) RNC.

15 posted on 04/29/2014 2:24:34 PM PDT by skinkinthegrass (The end move in politics is always to pick up a gun..0'Bathhouse/"Rustler" Reid? ;-)
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To: Hotlanta Mike

I’ve been noticing a lot of films have been made in British Columbia, Canada. I miss living where I did in California but I sure don’t miss California.


16 posted on 04/29/2014 2:26:37 PM PDT by Organic Panic
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To: Huskrrrr

Toyota manufactures four door Toyota Tacoma in Baja California, near Tijuana.


17 posted on 04/29/2014 2:27:55 PM PDT by forgotten man
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To: Beave Meister
Stick with communists Democrats and see what you get. When will Californians learn.
18 posted on 04/29/2014 2:30:11 PM PDT by Logical me
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To: gaijin

“If a car fab sees fit to move, then what type of move temptations do, say, GAME and NET companies feel...?”

I dealt with a Ca VP for a company with seven plants. He told me two interesting things. They opened a plant in (as I recall) Tennessee. They offered a move package expecting that only a handful of workers would take it. He said the company was stunned when the entire staff said they’d take it. The other thing he said was any new projects went out of state. When the current projects end or the products become obsolete they’ll close those plants and consolidate until there are no operations left in California.

In general, the tech companies are there because of the magic of California. But eventually that magic will fade and they’ll move elsewhere. To many of the Californian’s I’ve met they seem to see California as the only place in the world to live. Take Google for example. If I ran the company I’d have relocated years ago. But they’re still there and putting up with the bus protesters. I believe they think they’d lose their staffs if they moved. Maybe so. On the other hand the company seems to be very left oriented and maybe they feel they should be treated like sh*t because they’re socially responsible.


19 posted on 04/29/2014 2:30:56 PM PDT by Gen.Blather
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To: Beave Meister

20 posted on 04/29/2014 2:32:00 PM PDT by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
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To: Huskrrrr; gaijin

I was strictly referring to Toyota.


21 posted on 04/29/2014 2:36:07 PM PDT by Dr. Bogus Pachysandra ( Ya can't pick up a turd by the clean end!)
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To: Organic Panic

Me too. I just moved out last July. I miss some of the places, but sure don’t miss California.


22 posted on 04/29/2014 2:37:37 PM PDT by Beave Meister (Die Hard Cubs Fan.....if it takes forever.)
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To: Beave Meister

It was a headquarters move. Kali was likely taxing their entire US income. There is nothing a local mayor could do about that.


23 posted on 04/29/2014 2:38:10 PM PDT by NonValueAdded (Operating out of weakness? Imagine if he was working from a position of strength!)
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To: forgotten man
The last automobile assembly plant in California closed years ago.

I recall when Ford opened an assembly plant in Pico Rivera in the 1950's, and I once owned a 1973 Ford LTD that was made there.

24 posted on 04/29/2014 2:38:33 PM PDT by Fiji Hill
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To: Beave Meister

welcome to Texas where we still consider it “the land of the free”.


25 posted on 04/29/2014 2:58:22 PM PDT by jyro (French-like Democrats wave the white flag of surrender while we are winning)
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To: Organic Panic

Big growth likely for Georgia’s film industry

Read more at http://www.toledoblade.com/Movies/2013/04/29/Big-growth-likely-for-Georgia-s-film-industry.html#pFqsbGJJc0XpwTcX.99


26 posted on 04/29/2014 2:59:26 PM PDT by Hotlanta Mike ("Governing a great nation is like cooking a small fish - too much handling will spoil it." Lao Tzu)
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To: forgotten man
Unless my geography is wrong, Baja California is in Mexico.
27 posted on 04/29/2014 3:05:20 PM PDT by Tupelo (I feel more like Philip Nolan every day)
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To: Fiji Hill

I recall when Ford opened an assembly plant in Pico Rivera in the 1950’s, and I once owned a 1973 Ford LTD that was made there.


Ah, yes, good ole Pico Rivera, where I grew up. I remember the Santa Fe trains with the car chassis stacked high on flat cars leading into the plant. T-Birds built there , too.


28 posted on 04/29/2014 3:06:13 PM PDT by AlexisHeavyMetal1981 (Z)
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To: gaijin

Its offices. .it did no manufacturing . .I worked there in 2002 as a network contractor


29 posted on 04/29/2014 3:11:56 PM PDT by tophat9000 (Per PC left logic, the only problem with racism is the race of the racist.)
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To: gaijin

Toyota does not manufacture cars/trucks in Torrance. These are white collar jobs moving to Texas soon to be replaced by illegals whom the rest of us in Cali support now.


30 posted on 04/29/2014 3:12:11 PM PDT by Kozy
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To: AlexisHeavyMetal1981

My late B-I-L worked for GM building Camaro’s (I think) at the Van Nuys Plant.

That was back when CA was the land of Business Opportunity instead of Political Opportunist’s.


31 posted on 04/29/2014 3:18:47 PM PDT by Kickass Conservative (Nobody owes you a living, so shut up and get back to work...)
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To: Beave Meister

Tell the mayor in an effort to make up for his lost tax base, tax all the illegal aliens running around that area....

That should bring in enough to prop their bloated government salaries and benefits up for at least 20 minutes.

Or just tax the homeowners some more....lol..


32 posted on 04/29/2014 3:26:05 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: gaijin

That was the NUMMI plant. Joint Toyota/GM venture. Built Toyota and GM cards that shared common engine/chassis/motor.

It may have been an older GM plant that was converted. When I lived in the Bay Area, it built Geo Prizm/Toyota Corolla and Pontiac Vibe/Toyota Matrix.


33 posted on 04/29/2014 3:30:24 PM PDT by hawkboy
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To: gaijin

They built Tacomas in the NUMMI plant as well...from the mid 90’s until 2009, when they opened their new truck plant in Texas.


34 posted on 04/29/2014 3:35:12 PM PDT by hawkboy
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To: Beave Meister

Just like they lost Nissan.

California, you are governed by statist idiots.


35 posted on 04/29/2014 3:44:58 PM PDT by eyedigress ((zOld storm chaser from the west)/ ?s)
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To: NonValueAdded

Idiot CNBC female reporter talking about “100,000” jobs being lost.


36 posted on 04/29/2014 3:45:14 PM PDT by ken5050 ("One useless man is a shame, two are a law firm, three or more are a Congress".. John Adams)
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To: Gen.Blather
FYI.you might find this of interest...even though it's from TNR... "How Silicon Valley Investors Created the Tech Bubble"

He makes a good point about how tech stocks are valued today...or not..

37 posted on 04/29/2014 3:48:52 PM PDT by ken5050 ("One useless man is a shame, two are a law firm, three or more are a Congress".. John Adams)
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To: Kickass Conservative

All closed now, except Tesla (crony capitalist venture)

http://en.wikipedia.org/wiki/Category:Motor_vehicle_assembly_plants_in_California


38 posted on 04/29/2014 3:54:43 PM PDT by nascarnation (Toxic Baraq Syndrome: hopefully infecting a Dem candidate near you)
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To: Huskrrrr
The CARB tax is the latest CA job killer. The mantra out here is green jobs....green jobs...green jobs. Repeat another thousand times and you might actually believe it's going to happen.

A friend here in San Diego owns a rental yard he is shutting down in 2 years, rather than buy all new equipment duo carb.
39 posted on 04/29/2014 3:58:48 PM PDT by Foolsgold (Those who are too smart to engage in politics are punished by being governed by those who are dumber)
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To: Foolsgold

Sounds like the Cali Cap & Tax law is really going to bite as it kicks in strongly over the next few years.


40 posted on 04/29/2014 4:01:18 PM PDT by nascarnation (Toxic Baraq Syndrome: hopefully infecting a Dem candidate near you)
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To: ken5050

Thanks. That was a good article. I spotted the end of the real-estate bubble when I was in the gym and this loud-mouthed certified *sshole said, “I just bought me three houses to flip this morning.” I stopped my workout rushed home and put my house on the market. I sold it for more than twice the purchase price and the bubble was noticeably deflated when we closed. I haven’t invested in tech since sometime in the 90’s. Actually, I think the whole market is a bit inflated. I’m currently looking at moving my 401k into rental property.


41 posted on 04/29/2014 4:12:00 PM PDT by Gen.Blather
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To: hawkboy

I used to drive by the NUMMI plant every day on my way to my first real job in Fremont. I bought a 2005 Pontiac Vibe that was built there—still driving it with 150,000 miles.

Then Toyota pulled out of the NUMMI partnership. Last I heard, Tesla is using the plant.


42 posted on 04/29/2014 4:26:35 PM PDT by JeffChrz (2014--still the best idiots money can buy.)
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To: Beave Meister

They’re going to have a figure out a way to get supplies to Texas without going through California. You KNOW some kind of excise tax is being discussed.


43 posted on 04/29/2014 4:26:54 PM PDT by VerySadAmerican
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To: gaijin
I think if things keep moving in the direction I see, Tesla might one day move away.

Tesla has annouced plans for a new battery plant. They haven't yet selected the site, but have stated it won't be here in Kalifornia.

44 posted on 04/29/2014 4:29:26 PM PDT by quimby
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To: Gen.Blather

I look for the CA tech companies to start moving to Austin. It’s a blue city in Texas. They’ll feel right at home.


45 posted on 04/29/2014 4:30:37 PM PDT by VerySadAmerican
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To: ken5050

I do wonder how many “support” jobs will be lost with the move. It’s got to be a high number.


46 posted on 04/29/2014 4:33:33 PM PDT by VerySadAmerican
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To: VerySadAmerican

At least an equal number...Toyota, when they moved in to their HQ..used a lot of small local companies..and when you consider that 5,000 jobs lost..say at an average of $75K @..well, that’s a lot of cash that doesn’t get spent in the community anymore..


47 posted on 04/29/2014 4:38:12 PM PDT by ken5050 ("One useless man is a shame, two are a law firm, three or more are a Congress".. John Adams)
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To: Logical me

“When will Californians learn.‘

Never, which is why I left. California is a majority Hispanic state losing business and its white population. Soon all that will be left is a few rich liberal enclaves and one big Bell Gardens......


48 posted on 04/29/2014 4:51:26 PM PDT by Breto (Stranger in a strange land... where did America go?)
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To: Hotlanta Mike
The film industry has already been increasingly saying goodbye to Hollywood.

Yeah, and a lot of those libs are moving their industry to Austin, Texas. Problem is that they bring their leftwing politics with them.

49 posted on 04/29/2014 5:02:54 PM PDT by Arrowhead1952 (The Second Amendment is NOT about the right to hunt. It IS a right to shoot tyrants.)
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To: gaijin
Think of just how huge and heavy a lot of car fab equipment is —it is hugely, hugely immobile, and a move for such a company is not at all a casual thing.

Since they closed the Fremont plant that they operated for GM in 2010, Toyota has no manufacturing facilities left in California.

This move involves only marketing, sales and headquarters personnel.

50 posted on 04/29/2014 6:09:25 PM PDT by okie01
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