- A plan by Toyota (TM) to relocate its U.S. headquarters to Plano, Texas could bring $7.2B to the local economy, according to estimates.
- The automaker could have as many as 3,650 workers at the location by 2018.
- The big picture: Toyota sees some considerable cost savings by consolidating some operations to Plano and shifting workers from higher-cost California and Texas. The company hasn't release exact cost-savings estimates which has kept analysts' calculators buzzing.
From other sites
at CNBC.com (Mar 11, 2015)
Exclusive: Fund Manager Zachary Savas Says Auto Is A 'Sexy Market,' Informatics Will Drive The Industryat Benzinga.com (Feb 25, 2015)
at Investor's Business Daily (Feb 20, 2015)
at Investor's Business Daily (Feb 6, 2015)
at CNBC.com (Jan 27, 2015)
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