
ONE OF SOUTHERN CALIFORNIA’S MOST POPULAR BURGER CHAINS IS MOVING ITS COMPANY HEADQUARTERS OUT OF THE GOLDEN STATE. IN-N-OUT BURGER HAS ANNOUNCED PLANS TO MOVE TO TENNESSEE.
THE COMPANY’S DECISION TO LEAVE ITS IRVINE, CALIFORNIA LOCATION BY 2029, AFTER 30 YEARS, IS RAISING QUESTIONS ABOUT HIGH TAXES AND STRICT REGULATIONS, AS WELL AS THE BUSINESS ENVIRONMENT IN CALIFORNIA.
500 COMPANY EMPLOYEES WORK AT THE IRVINE HEADQUARTERS .
IN-N-OUT WILL STILL HAVE A LOCATION IN BALDWIN PARK, CALIFORNIA WHICH WILL BE THE WEST COAST BASE. THE COMPANY WILL BE OPENING A NEW HEADQUARTERS IN FRANKLIN, TENNESSEE BY 2026, WHICH WOULD OVERSEE EASTERN UNITED STATES OPERATIONS. IN ADDITION, IN-N-OUT WILL OPEN NEARLY THREE DOZEN RESTAURANTS IN TENNESSEE.
SOME OF THE 500 EMPLOYEES IN IRVINE WILL EITHER MOVE TO BALDWIN PARK OR BE OFFERED A CHANCE TO RELOCATE TO TENNESSEE.
THE MOVE TO FRANKLINIS A $125-MILLION INVESTMENT AND IS EXPECTED TO LEAD TO AN ADDITIONAL 275 CORPORATE JOBS.
THE BURGER JOINT FIRST OPENED IN BALDWIN PARK IN 1948 AND BY 1994, A COMPANY HEADQUARTERS WAS ESTABLISHED IN IRVINE. IN ADDITION TO CALIFORNIA, IT HAS RESTAURANTS IN ARIZONA, NEVADA, COLORADO, OREGON, UTAH, IDAHO, NEW MEXICO, TEXAS AND WASHINGTON.
LYNSI SNYDER, THE GRANDDAUGHTER OF FOUNDER HARRY SNYDER, SAID QUOTE “THE MOVE BRINGS OUR IN-N-OUT FAMILY BACK TOGETHER IN A WAY THAT HELPS US BETTER SERVE OUR CUSTOMERS. “
SENATE REPUBLICANS IN CALIFORNIA CALLED THE MOVE “SAD BUT NOT SURPRISING.” THEY CLAIM THAT CALIFORNIA IS NOT PROMOTING ENTREPRENEURSHIP AND BAD POLICIES ARE HURTING THE STATE.
OTHER BIG-NAME COMPANIES SUCH AS TESLA, SPACEX AND WHOLE FOODS HAVE ALSO MOVED THEIR HEADQUARTERS OUT OF CALIFORNIA IN RECENT YEARS, TO STATES WHERE TAXES ARE LOWER.
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THE TAX FOUNDATION RANKS CALIFORNIA 49TH ON ITS BUSINESS TAX CLIMATE LIST, BEHIND ONLY NEW JERSEY. IN ADDITION, ACCORDING TO NEWSWEEK, CALIFORNIA HAS NEARLY 400,000 REGULATORY RESTRICTIONS, MAKING IT ONE OF THE MOST REGULATED STATES IN THE COUNTRY. FOR MORE UNBIASED UPDATES, DOWNLOAD THE STRAIGHT ARROW NEWS APP.