They don't love L.A., so they're packing it in and moving away - taking 350 jobs with them:
The company’s headquarters and coffee processing plant at 20333 S. Normandie Ave. in Harbor Gateway will be shuttered, company leaders announced this week, in favor of relocating to either Oklahoma City or the Dallas-Fort Worth area. Negotiations are ongoing with both sites.”
The move will save the company between $12-16 million a year.
The company's been there for over a century, and it supplies coffee to restaurant chains nationwide. But like many other companies, they've had about enough of California's high-tax, business-crippling environment.
Last year, Toyota announced it would leave its U.S. sales and marketing headquarters on Western Avenue in Torrance to move to Texas, and Nissan left the area for Tennessee in 2006.
Too Little, Too Late:
Branimir Kvartuc, a spokesman for Los Angeles City Councilman Joe Buscaino, said the city intends to contact the company through Mayor Eric Garcetti’s business retention team.
“It might be a done deal, but the councilman wants to reach out to them to see if there’s anything the city can do,” Kvartuc said.
Democratics are big on "reaching out" - it seems to be code for "Sorry, we tried". Maybe they ought to do a little less "reaching out" (and even better, less "reaching in" to other peoples' pockets).