“You have to take a look at the business environment and look to see what’s best for not only the community and the business," Paramount's chief legal officer said.
True Value Hardware, the Chicago Bears, and a growing roster of major employers have packed up and left Illinois for Indiana, extending a corporate exodus that President Trump warned would only accelerate. True Value Hardware, a company rooted in Illinois since 1948, is relocating its headquarters to Fort Wayne, Indiana, after filing for bankruptcy in […] The post Illinois becomes the next high-tax state hemorrhaging businesses to friendlier neighbors appeared first on American Almanac .
True Value Hardware, the Chicago Bears, and a growing roster of major employers have packed up and left Illinois for Indiana, extending a corporate exodus that President Trump warned would only accelerate. True Value Hardware, a company rooted in Illinois since 1948, is relocating its headquarters to Fort Wayne, Indiana, after filing for bankruptcy in 2024 and being acquired by rival Do It Best. The move cost Illinois hundreds of headquarters jobs and the tax revenue that came with them. The company cited long-term stability and a need for a more business-friendly environment, a polite way of saying Springfield's tax-and-regulate approach finally drove out a firm that had stayed put for more than seven decades. True Value is not alone.…Open
If you make or sell any kind of textile product in California, this is what you face today: Your as-yet-undetermined future costs will 'shift to an eco-modulated model,' actual numbers not yet known.
With Texas’ new stock exchange operating in Dallas, the number of headquarters relocations are expected to grow in Texas and in Dallas specifically over the next year and beyond.
The board said it “considered Texas’ legal and regulatory environment, including its modernized business statutes and the Texas Business Court, which is designed to resolve complex disputes efficiently.