The new Texas headquarters is expected to house at least three subsidiaries, the people said, including Toyota Motor Sales USA, Toyota Financial Services and Toyota Engineering and Manufacturing North America. The move will begin in August and will take place in stages through the end of 2016, they said.
Employees in Toyota’s Torrance offices and other U.S. locations will be offered relocation packages and financial assistance, they said.
Toyota, which established operations in California in 1957, is the second Japanese automaker to relocate from the Los Angeles area.
Nissan Motor Co in 2006 moved most of its operations to Franklin, Tennessee, outside Nashville.