Toyota moving to Texas

NEW -> Contingent Buyer Assistance Program
Hopefully it is Georgia or Alabama, or somewhere in the south.

Hyundai and Kia has a huge presence in westpoint, ga right in the border of ga and al. Planning to invest $3.1B.
 
USCTrojanCPA said:
morekaos said:
Shall we take bets on where this $1.6 billion dollar investment that will yield 4000 jobs is going to land?  I will go all in on "not Cali"!

Toyota and Mazda plan to build $1.6 billion US plant in joint venture

Toyota and Mazda announced plans on Friday to build a $1.6 billion U.S assembly plant in a new joint venture.
A location for the $1.6 billion facility has not yet been picked, but it will have the capacity to build 300,000 vehicles annually while employing 4,000 workers.
The companies hope to open the plant in 2021.


https://www.cnbc.com/2017/08/03/toyota-and-mazda-plan-to-build-1-point-6-billion-us-plant-in-joint-venture-sources.html

East of the rockies in a Red state is my bet...

How big will the tax incentive package be?
 
Well yea, you don't save the world from Climate change by building Camrys.  You do it by making sure rich people can drive a $100,000 car in the carpool lane solo and get a giant kickback from the taxpayers.
 
So another benefit of Cali is no hurricanes... really feel bad for those people in Houston and close by.

But we do get earthquakes, although it seems floods in the Gulf Coast are more frequent.
 
irvinehomeowner said:
So another benefit of Cali is no hurricanes... really feel bad for those people in Houston and close by.

But we do get earthquakes, although it seems floods in the Gulf Coast are more frequent.

Megafloods are a 200 year event in CA.
 
So what are the odds of it landing in the "Golden State"?  I'll tell you....0.

Amazon launches search for a second headquarters in North America

Amazon on Thursday said it plans to open a second company headquarters in North America.
The online retailer is soliciting pitches from cities and states for what it calls HQ2.
Amazon estimates its investments in its Seattle operations from 2010 through 2016 resulted in an additional $38 billion to the city's economy.

The online retailer expects to invest more than $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs.

https://www.cnbc.com/2017/09/07/amazon-launches-search-for-a-second-headquarters-in-north-america.html
 
morekaos said:
So what are the odds of it landing in the "Golden State"?  I'll tell you....0.

Amazon launches search for a second headquarters in North America

Amazon on Thursday said it plans to open a second company headquarters in North America.
The online retailer is soliciting pitches from cities and states for what it calls HQ2.
Amazon estimates its investments in its Seattle operations from 2010 through 2016 resulted in an additional $38 billion to the city's economy.

The online retailer expects to invest more than $5 billion in construction and grow this second headquarters to include as many as 50,000 high-paying jobs.

https://www.cnbc.com/2017/09/07/amazon-launches-search-for-a-second-headquarters-in-north-america.html
I think the odds are in the low teens, but there's a chance.

It would be nice if they opened it in an area that it's employees can afford to buy houses, rather than an expensive city. 
 
Anybody giving odds on who is smothered at the bottom of this list for the sixth year....in a row?

CEOs Rank 2017 Best & Worst States for Business

Texas was ranked No. 1 for the 13th straight year in 2017 by the hundreds of CEOs surveyed by Chief Executive. Florida was No. 2 for the fifth year in a row. Five of the remaining eight top-10 states were the same as in 2011, albeit shuffled a bit. On the other end of the spectrum, California anchored the bottom of the list at No. 50 for the sixth consecutive year, New York wallowed at No. 49 and Illinois listed at No. 48.

https://chiefexecutive.net/2017-best-worst-states/

 
This is the kind of direction we need to take....but won't

The Michigan Comeback Story

How business-tax reform helped revive the state?s economy.

As Washington begins to debate tax reform in earnest, states can provide instructive policy lessons for better and sometimes worse?see the fiscal crack-ups in Connecticut and Illinois. Michigan, on the other hand, offers a case study in the pro-growth potential of business tax reform.

https://www.realclearpolitics.com/2017/09/26/the_michigan_comeback_story_422008.html
 
Nice try but dooomed!!

Cities of Long Beach and Huntington Beach Join Forces to Bid on Amazon HQ2: ?Amazon Coast: Portal to the World?
Exciting News!

With excellent weather year-round, close proximity to the largest port complex in the nation, three airports, a multitude of transportation services, various housing options, diverse communities, an extraordinary amount of local talent, and three strategically located sites, Huntington Beach and Long Beach (HBLB) have highlighted all the key elements in making HBLB the home of Amazon HQ2 ? ?Amazon Coast: Portal to the World.? Packaged as a nod to the original beginnings of Amazon, the HBLB coffee table book-style proposal theme of Sand, Sea and Air creates a trifecta that provides stability, balance, and strength.

Three prime sites have been identified by HBLB for the new Amazon headquarters: one in Huntington Beach ? ?Amazon Sand,? another site along the Long Beach waterfront ? ?Amazon Sea,? and a third site adjacent to the Long Beach Airport ? ?Amazon Air.? HBLB stands apart from other competing cities in that the ?Amazon Sand? site is already entitled and move-in ready with more than 500,000 square feet of space.

The cities have joined together as both are close in proximity and well exceed the criteria for Amazon HQ2. HBLB offers virtually turnkey sites for phases one and two, a highly-educated work force, a business-friendly environment, a multitude of recreation activities, and an unparalleled quality of life. With the help of our partners such as the Long Beach Convention & Visitors Bureau, Visit HB, and the creative communication team at interTrend, ?Amazon Coast? was born.

Long Beach Mayor Dr. Robert Garcia believes ?Long Beach has a vibrant downtown on the water, a Metro rail connection to Downtown Los Angeles, an airport, one of the world?s busiest and greenest ports, a great public school system, and the best people and workforce anywhere. I?ve called this beautiful city home for 20 years, and I?m proud that it?s a place where people from all walks of life and every corner of the globe call home. We would love to share our city with Amazon, whose presence would enrich the tapestry of Long Beach."

Huntington Beach Mayor Barbara Delgleize is thrilled about the potential for Amazon to consider HBLB. ?If Amazon were to select HBLB, I know having them here would only bring out the best in all of us ? a new spark of inspiration for not only the Los Angeles and Orange County regions, but Southern California as a whole. Where else can you go to have so much connectivity and accessibility? And with so many outdoor recreation opportunities and perfect year-round weather, Amazonians will love the SoCal vibe and culture. It?s with great pride that we request that Amazon consider Surf City and Long Beach for its HQ2.?

HBLB plans to deliver its proposal Thursday ? as well as a custom made HBLB surfboard. Check out the creative ?Amazon Coast? video, featuring a surprise celebrity, in the quest to deliver the final proposal from HBLB to CEO Jeff Bezos. Cameo by HB?s hometown surfer, Brett Simpson. The video is available on Twitch.tv ? a subsidiary of Amazon.com. Home to TwitchCon 2017, Long Beach is already poised to promote Amazon?s global brand. Video link:https://go.twitch.tv/videos/183135017
 
Apparently HB/LB didn't get the memo; Amazon is looking for tax breaks and incentives. 

PAY UP or GET OUT OF THE WAY!!!
 
eyephone said:
Gov. Brown pledges hundreds of millions in incentives for Amazon HQ2 in California
http://www.mercurynews.com/2017/10/...s-in-incentives-for-amazon-hq2-in-california/

But nothing for Toyota..

Might has well have been nothin...weak showing. He needs the money for the high speed rail debacle.

Christie Backs Newark's Amazon Bid With $7 Billion in Tax Breaks

New Jersey Governor Chris Christie is seeking to deploy $7 billion in potential tax credits to lure Amazon.com Inc.?s planned second headquarters to Newark, which has been struggling to stage a broad economic revival since it was devastated by riots in 1967.

The proposal would offset state and city taxes, including an incentive through New Jersey?s Economic Development Authority that could reach $5 billion over 10 years, the governor?s office said Monday in a statement. The remainder of the tax breaks would come from a $1 billion city property tax abatement and a wage tax waiver of $1 billion for employees.

https://www.bloomberg.com/news/articles/2017-10-16/christie-backs-newark-s-amazon-bid-with-7-billion-in-tax-breaks
 
morekaos said:
eyephone said:
Gov. Brown pledges hundreds of millions in incentives for Amazon HQ2 in California
http://www.mercurynews.com/2017/10/...s-in-incentives-for-amazon-hq2-in-california/

But nothing for Toyota..

Might has well have been nothin...weak showing. He needs the money for the high speed rail debacle.

Christie Backs Newark's Amazon Bid With $7 Billion in Tax Breaks

New Jersey Governor Chris Christie is seeking to deploy $7 billion in potential tax credits to lure Amazon.com Inc.?s planned second headquarters to Newark, which has been struggling to stage a broad economic revival since it was devastated by riots in 1967.

The proposal would offset state and city taxes, including an incentive through New Jersey?s Economic Development Authority that could reach $5 billion over 10 years, the governor?s office said Monday in a statement. The remainder of the tax breaks would come from a $1 billion city property tax abatement and a wage tax waiver of $1 billion for employees.

https://www.bloomberg.com/news/articles/2017-10-16/christie-backs-newark-s-amazon-bid-with-7-billion-in-tax-breaks

I guess bending over is the way to go? Jk
 
Part of it has to be location. What if a less desirable location (Alaska, Puerto Rico) offered more? The answer is the highly skilled potential worker would not apply to work there. (Unless you are from there)

* this is a made up scenario
 
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