Jim Lentz | KERA News

Jim Lentz

CEO: Drawing Toyota To Texas Worth $40 Million Subsidy

Oct 2, 2015
Betto Rodrigues / Shutterstock.com

When Toyota announced in early 2014 that it was moving its North American headquarters from Torrance, Calif., to Plano, the business story was quickly overtaken by a political one: Did Texas get ripped off?

Bill Zeeble / KERA News

Toyota gave Plano schools $1  million Monday and threw a block party for the public as it officially said "hello" to the city where it’s moving its North American headquarters. So, why Plano?