Toyota Moves To Plano, Texas: What's Ahead For The Dallas Economy

​Toyota Motor Corporation is a Japanese multinational automotive manufacturer based in Toyota, Aichi, Japan.  It is one of the richest automobile manufacturers in the world.  Recently, Toyota Company moved to the North Texas Campus, a northern suburb of Dallas, from its former headquarters in southern California.  Toyota has been in California since 1957 when it founded its first U.S.A headquarters office.  According to Toyota CEO Lentz, based in North America, up to 75 percent of the 4,000 employees of the company would move to Plano.

​Toyota has already moved its employees to its new company campus in Plano.  This location will be the main U.S.A. headquarters for Toyota.  Since announcing the move, there are many construction projects growing in the expectations of the growth and visitors.  Projects are being created to ease the congestion, and to avoid traffic jams that are expected.  Toyota's move to Plano, Texas is the highest point of the economic development of this region.  

The company offers an excellent service center that is fully equipped to handle maintenance or repair work.  They also offer all Toyota fans a very nice collection such as Toyota Camry, Avalon, Corolla and RAV4.  Toyota's new location includes headquartering functions in sales and marketing, manufacturing and administrative functions.

Toyota chose the location because of its excellent business climate, the labor market and the cost of living.  Plano is central to all Toyota engine in North America.

Effects of Toyota's relocation to Dallas Economy
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This is what's ahead For the Dallas Metroplex economy is:

1. Creation of jobs for over a thousand local people: Of course, with the anticipation of business neighbors many instant jobs are created from professional to low jobs, finance, quality engineering, marketing and sales, among other things.  Approximately 5,000 employees will be assigned various jobs depending on the subject area.  Dallas was among the top places for job seekers. 
2. Economic development in the region: From the tax to job creation, the city will benefit from the billions of the car maker's move to North Texas.  Plano is the new home of the automobile giant.
3. Congestion as the movement adds more automobile on the roads:  Although Plano is preparing roads for the first wave of Toyota employees and the traffic that comes with them, the city will still have less to disturb that will soon be forgotten. 
4. High demand for real estate: By the year 2030 there will be more employees in the Dallas region, which have a significant influence on the residential property.  The high demand of the houses will then create a strong base for the real estate market.
   
5. Housing shortage in the region with traveling prices of houses: Toyota Plano has acquired 100 hectares of land, which means that home deficiencies, as the city will rely heavily on neighboring cities to deliver the employees to the employees.  
6. The growth of schools: Good schools for the children of the employee are the most important factors to consider.