Tuesday, February 7, 2017

Why Companies are Heading to Texas via GlobeSt.com

In early 2017, Toyota will throw open the doors of a new headquarters after a $1 billion relocation and consolidation of its California, New York and Kentucky offices in Plano. Cheaper operating costs and a lower cost of living were two of the main draws for Jamba, which relocated its headquarters from Emeryville, CA to a 25,000-square-foot LEED-certified facility in Frisco. On the corporate end, Texan business tax incentives clock in at around $19 billion available annually in a bid to lure companies such as Toyota, which received a $40 million subsidy towards its move.

“Texas is emerging as a hotspot for businesses."

Read more...Why Companies are Heading to Texas | GlobeSt.com

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