Tuesday, May 06, 2014
It Makes Sense For Toyota To Leave California For Texas - Forbes
At Forbes.com, Dale Buss has some information to help you:
"In the annual Chief Executive magazine “Best States / Worst States” ranking that surveys CEOs for their opinions, Texas has been holding on to the No. 1 spot for a while; California seems permanently relegated to No. 50.
As Automotive News put it, 'Despite the deep, creative talent pool in greater Los Angeles, doing business in California has become more expensive for companies and their workers.' Bestplaces.net said that the cost of living for employees is 39 percent higher in Torrance than in Plano, and housing costs are 63 percent lower in Plano."