The opening marks the end of Toyota's move from California to Texas.Toyota officially opened the doors on its new, $1-billion corporate headquarters in Plano, TX, Thursday, capping off a move from Torrance, CA, that began nearly three years ago.Construction of the new headquarters facility alone took more than two years and prompted the relocation of some 3,000 employees. An additional thousand employees will be hired locally to fully staff the operation.
"The opening of our new headquarters in Plano is an extraordinary next step in Toyota's 60-year journey in the United States," Toyota North America CEO Jim Lentz said in the announcement.
With team members from four different companies together in one campus location, we believe this will inspire greater collaboration, innovation, and faster decision making as we turn to and lead the future of mobility, all with an eye on our customers," Lentz added.
The new facility sits on Toyota's 100-acre campus and boasts an 8.79-megawatt solar panel array, a 400,000-gallon rainwater harvesting system, and drought-resistant landscaping to suit the local Texas climate.
Toyota's new facility is just the beginning. The company plans to invest $10 billion elsewhere in its American operations over the next five years.