Toyota Completes Move to Texas with Opening of $1B Headquarters | Edmunds

Toyota Completes Move to Texas with Opening of $1B Headquarters


After spending three years and over a billion dollars on its construction, Toyota officially opened its new national headquarters in Plano, Texas, today. The 100-acre campus will be home to more than 4,000 Toyota employees, many of whom relocated to the Dallas suburb from California and Kentucky.

Toyota Headquarters

Toyota North America CEO Jim Lentz told reporters that bringing so many far-flung employees together into one facility was about more than just improving efficiency across the company. "We're going to be quicker to market and quicker to respond to what customers are telling us," he said.

Lentz also said that he expects the company will achieve an employee retention rate of more than 70 percent after the move. Employees at both the previous Toyota headquarters in Southern California and some of Toyota's other regional facilities were given as long as two years to make the decision to move. "We didn't want to force them into a quick decision. We gave every employee the chance to come and see the area, the houses and the churches before deciding to make the move," said Lentz.

Toyota Headquarters

The sprawling new campus consists of seven low-rise buildings and two adjacent parking garages topped with solar panels. Toyota said the facility will derive over 30 percent of its power from the solar arrays and buy the remaining power from other sources of renewable energy. Rainwater-harvesting tanks were also installed, allowing up to 400,000 gallons of water to be stored for use in irrigation.

Toyota officials were eager to point out that the new headquarters is only part of its commitment to spend $10 billion on its U.S. facilities over the next five years. It also made mention of the fact that the Trump administration praised the opening of the new headquarters and said it was looking forward to supporting Toyota's continued growth in the United States. Toyota had previously come under fire from the president for moving some production of the Corolla from Canada to a plant in Mexico.

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