Monthly Archives April 2014

Toyota HQ Leaving California for Texas – A Bit of the Inside Story

The news media is filled with stories about Toyota relocating its North American headquarters to Plano, Texas. After reading several articles, I’ve concluded that a Bloomberg report is the most insightful. See “Toyota Move Depended on Internal Study Rather Than Perry.” The company conducted traditional methods to find an optimal location by starting the search with about 100 locations in mind. After about 75 locations didn’t meet the company’s specifications, they were eliminated, leaving 25 that received a more in-depth look. Finally, it came down to 7 communities. There is no indication about how many of those were visited by
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Reno Gazette-Journal Has Great Story Explaining Site Selection Process for Companies

An article headlined “How Reno is chosen when firms seek new sites” in the city’s newspaper gives an excellent account of what companies look for when considering new locations in which to expand or completely relocate. Details in the story, including what local Economic Development officials do during site searches, are often found in specialized business magazines. The Reno Gazette-Journal has done a service in letting its readers understand more about how companies select locations for their new facilities. I admit I was rather pleased to be quoted in the story, particularly when I discussed family-owned businesses: “Often, company owners like
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