11/18/2018

News

California-based Fortune 500 company is bringing its HQ to Tarrant County

A Fortune 500 company that distributes tobacco products and other items nationwide to convenience stores and other retailers is moving its headquarters from California to Dallas-Fort Worth. San Francisco-based Core-Mark Holding Co. plans to relocate to Westlake next year. One of Core-Mark’s biggest clients is Irving-based 7-Eleven Inc. . . . Core-Mark traces its roots […]

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Growing Sacramento Solar Firm Opens Facility in Sunny . . . Boston

While New England isn’t noted for sunshine, the company chose the Boston market because that city has among the highest per-capita solar use in the country, she said.

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Mercedes-Benz Marks State of Construction on Long Beach Facility

Forty-six years after Mercedes-Benz planted roots in Southern California, the luxury automaker is establishing its next phase of growth in Long Beach.

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California Exports Gain Momentum in March

In-state businesses shipped merchandise valued at $15.43 billion in March, up a robust 9.6 percent from $14.07 billion in March 2013, according to an analysis of Tuesday’s U.S. Commerce Department figures by Beacon Economics, a consulting firm with offices in the Bay Area and Los Angeles.

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Toyota Escapes to Texas, Another Engine of Middle-Class Jobs Flees California

Governor Jerry Brown’s California comeback tour was rudely interrupted this week by news that Torrance-based Toyota is moving to Plano, Texas. The runaway car maker shines a headlight on how the South is overtaking California as a commercial and industrial power.

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Toyota to Move Jobs and Marketing Headquarters from Torrance to Texas

Toyota Motor Corp. plans to move large numbers of jobs from its sales and marketing headquarters in Torrance to suburban Dallas, according to a person familiar with the automaker’s plans.

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Traffic Down at Port of Long Beach

More than 517,000 containers moved through the port in February. Imports were down 2.7 percent, but exports increased 2.1 percent, compared to the same period last year. The number of empty containers sent overseas to be filled with goods dropped 8.3 percent.

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California’s Export Trade Growth Stumbles, But Still Edging Up

After a six-month streak of robust, often double-digit growth, California’s export trade slowed considerably in January, edging ahead just 2.1% over the same month a year earlier, according to a Beacon Economics’ analysis of foreign trade data released this morning by the U.S. Commerce Department.

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Governor Brown Signs Legislation to Streamline the State’s Export Certificate Program

Sacramento, Calif. – Director of the Governor’s Office of Business and Economic Development (GO-Biz), Kish Rajan announced today that Governor Brown has signed legislation to streamline the state’s export certificate program and decrease delays for California businesses looking to export goods.

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