Corporate Relocation
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Yamaha Ditches California for Georgia
Yahoo Finance· 2026-03-12 14:03
Core Viewpoint - Yamaha Motor's U.S. subsidiary is relocating its headquarters from Southern California to suburban Atlanta, aiming to enhance efficiency and profitability while addressing tariff challenges [1][2]. Group 1: Relocation Details - The relocation will commence at the end of this year and is expected to be completed by the end of 2028 [1]. - Yamaha plans to sell all fixed assets in Cypress, California, including land, offices, and warehouses, and will utilize a sale-and-leaseback arrangement to ensure business continuity during the transition [2][4]. Group 2: Historical Context - Yamaha has had a corporate headquarters in California for nearly 50 years, having acquired the land in 1978 and opened offices in 1979 [3]. - The company previously relocated its marine business to Kennesaw, Georgia, and its motorsports division also moved to Georgia in 2019, where it currently employs thousands, including about 2,000 at a 1.3-million-square-foot plant in Newnan [3]. Group 3: Government Involvement - Georgia Governor Brian Kemp indicated that Yamaha's decision followed a meeting with company executives in October of the previous year, promoting the state as a relocation destination for other companies, particularly those in California [5]. Group 4: Company Position - Yamaha is recognized as the second-largest motorcycle manufacturer globally and the fourth-largest by sales in the U.S. market [5].
Travel + Leisure Co. Celebrates Official Opening of Global Headquarters in Downtown Orlando
Businesswire· 2026-01-21 20:31
Core Insights - Travel + Leisure Co. has officially opened its new global headquarters in Downtown Orlando, marking a significant milestone for the company and its commitment to the region [1][6]. Company Developments - The new headquarters is designed to enhance employee experience and foster innovation, featuring modern amenities such as sit-to-stand desks, various meeting spaces, an on-site health clinic, and a fitness center [3][9]. - The relocation involves over 900 associates and represents a capital investment exceeding $36 million, contributing to Orlando's economic vitality and positioning the city as a hub for corporate leadership [5][7]. Brand Portfolio Expansion - The company introduced its growing portfolio of brands during the opening, including new experiential options like Sports Illustrated Resorts and Eddie Bauer Vacation Club, alongside established brands such as Margaritaville Vacation Club and Club Wyndham [2]. Community Engagement - The headquarters will enhance community engagement through the Travel + Leisure Charitable Foundation, which supports educational pathways in high-need communities [10]. - The company emphasizes its commitment to giving back, with associates actively volunteering in local organizations [10]. Business Momentum - The opening coincides with strong business momentum driven by sustained leisure demand and a multi-brand strategy, including recent growth initiatives like the introduction of Sports Illustrated Resorts in Nashville and Chicago [11].
Gen Z college grads are flocking to Texas and Florida where companies have ‘overwhelmingly’ relocated their headquarters
Yahoo Finance· 2025-09-19 10:03
Historically, recent college students have centered their post-grad lives on landing a job in big cities like New York City and Los Angeles that promise a lively lifestyle and often higher starting salaries (although the high cost of living quickly eats into that). But two places have emerged as new hotspots for Gen Z college grads: Florida and Texas, according to a study by JLL Research published this week. That’s largely thanks to a mass migration of publicly traded corporations’ headquarters since 2020 ...