Tire maker stays in the state, signing a 10-year lease to relocate to a 57,000-square-foot building in Santa Ana
Yokohama Tire Corporation (YTC) announced today it is relocating its corporate headquarters from Fullerton, California to nearby Santa Ana to accommodate business growth. The move is expected to take place in November.
YTC signed a 10-year lease for its new 57,000-square-foot headquarters at 1 MacArthur Place. The tire maker will occupy two-and-a-half floors at the high-tech, nine-floor office complex building near John Wayne Airport.
“Unlike other companies that moved out of the state, we wanted to stay in California,” said Tom Masuguchi, YTC’s chief strategy officer. “We looked at several buildings in multiple cities and considered many factors. These included layout efficiencies, cost advantages and employee-commute times. The Santa Ana location provided the best match for all our requirements now and in the future as we expand our business even further.”
Yokohama was situated in Fullerton for 28 years. The announcement comes two months after YTC said it was moving its Western Region Distribution Center from a 380,000-square-foot warehouse facility in Fullerton to a newly constructed 658,000-square-foot facility in Chino, about 22 miles away.
Yokohama Tire Corporation is the North American sales and marketing arm of Tokyo, Japan-based The Yokohama Rubber Co., Ltd., a global manufacturing and sales company of premium tires since 1917. Servicing an extensive sales network throughout the U.S., Yokohama Tire Corporation is a leader in technology and innovation. The company’s complete product line includes tires for high-performance, light truck, passenger car, commercial truck and bus, and off-the-road mining and construction applications. For more information on Yokohama’s broad product line, visit www.yokohamatire.com.
