Toyota to Move U.S. Headquarters – and 3,000 Jobs – From Torrance to Texas

Toyota Motor Corp. said it will move 3,000 jobs from Torrance to new North American headquarters in Plano, Texas, over the next three years.

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Toyota’s current U.S. headquarters in Torrance are on Western Avenue. (Credit: KTLA)

The move will affect 2,000 workers in Toyota’s U.S. sales and marketing arm and 1,000 positions in its financial services business. That will leave about 2,300 Toyota employees in various positions at the company’s sprawling Torrance campus.

LINK: Toyota News Release on Planned New North American Headquarters in Plano, Texas

The shift is part of a corporate strategy to locate the employees running its engineering and manufacturing, sales and marketing, financial services and certain corporate functions all on one complex.

“Ultimately, enabling greater collaboration and efficiencies across Toyota will help us become a more dynamic, innovative and successful organization in North America,” said Jim Lentz, chief executive of Toyota’s North America region.

Click here to read the full story on LATimes.com.