Author Topic: Another Cali company moving to Texas!  (Read 660 times)

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Christians4LessGvt

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Another Cali company moving to Texas!
« on: July 20, 2014, 10:40:28 AM »


Omnitracs will move headquarters from San Diego to Dallas, generating 450 jobs

By  Sheryl Jean 

July 18, 2014
 
It looks like a second San Diego-based company is relocating its corporate headquarters to downtown Dallas.

Omnitracs is the latest one. The fleet management services company said today that it will move its headquarters and generate 450 jobs and investing $10 million in Dallas. The move is scheduled to take place early next year, but the company plans to keep locations in San Diego and Baltimore.

Earlier this month, Active Network, a San Diego-based software company, said it would move its corporate headquarters to downtown Dallas, generating 1,000 jobs and investing $13 million.

Vista Equity Partners, an Austin-based private equity firm, last year bought Omnitracs and Active Network and a third San Diego-based company called Websense. Earlier this year, Websense said it would move its headquarters to Austin, generating 445 jobs and investing $9.9 million.

Omnitracs said it was attracted to the region's "substantial transportation infrastructure and logistics" hub.

"Our new headquarters in downtown Dallas will situate us much closer to many of our fleet customers and provides convenient access by air to virtually all of our clients," Omnitracs CEO John Graham said today in a statement.

Texas Gov. Rick Perry attributed Omintrac, and other recent corporate relocations, to the state's low taxes, lack of regulations and large workforce.

The Texas Enterprise Fund will invest $3.9 million in Omnitracs based on its job and investment goals, Perry's office said. The fund also is giving $8.6 million to Active Network and $4.5 million to Websense.

Omnitracs, formerly a subsidiary of Qualcomm Inc., serves more than 3,800 fleet customers and 500,000 vehicles worldwide.

http://bizbeatblog.dallasnews.com/2014/07/omnitracs-will-move-headquarters-from-san-diego-to-dallas-generating-450-jobs.html/
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Plane

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Re: Another Cali company moving to Texas!
« Reply #1 on: July 20, 2014, 01:56:21 PM »
How exactly should California increase its taxes and regulations to keep more business happily within its borders?

Are these businesses bringing personnel from California? Are they bringing Republican voters out of California so that California's Democratic majority grows stronger as the state as a whole grows weaker?

Do Californians become good Texans ?

kimba1

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Re: Another Cali company moving to Texas!
« Reply #2 on: July 20, 2014, 02:43:19 PM »
it really depends on how agreeable texas is to the business. we`ll know in afew years if it works. but one thing California is losing .

Plane

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Re: Another Cali company moving to Texas!
« Reply #3 on: July 20, 2014, 03:30:42 PM »
Texas is less available to freight passage from the Pacific.

When there is a new Panama Canal , Texas will be a lot more available to send and receive freight from the Pacific.


http://en.wikipedia.org/wiki/Panama_Canal_expansion_project

kimba1

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Re: Another Cali company moving to Texas!
« Reply #4 on: July 20, 2014, 11:17:06 PM »
I remember that it's really the one big advantage california and that's disappearing