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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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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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