News Summary
John Paul Mitchell Systems is moving its headquarters from California to Wilmer, Texas, creating 80 new jobs and investing over $12 million in the local economy. This relocation enhances the town’s appeal and positions JPMS for global distribution of its popular hair care products. Governor Greg Abbott announced the move, emphasizing Texas as a business-friendly state attracting major corporations. With a focus on community growth, this transition establishes a promising future for both JPMS and Wilmer, enhancing job opportunities and local development.
Texas Welcomes John Paul Mitchell Systems Headquarters Relocation
The hair care giant John Paul Mitchell Systems (JPMS) is relocating its headquarters from Santa Clarita, California to Wilmer, Texas, a move that is expected to create 80 new jobs and contribute over $12 million in capital investment to the Lone Star State. Texas Governor Greg Abbott announced this significant transition, highlighting the state’s increasing attractiveness for corporate headquarters.
Details of the Relocation
Located approximately 20 minutes outside of Dallas, Wilmer has a population of about 6,000 residents. JPMS, known for its popular brands such as Paul Mitchell, Tea Tree, and Neuro, distributes its hair care products to over 30 countries around the world. In 2022, the company reported a revenue of $1.1 billion.
In addition to the headquarters, JPMS plans to establish a new global distribution center at its Texas location. This relocation is set to enhance the company’s operational capabilities and contribute to the local economy.
Support from State Officials
Governor Abbott emphasized that the move not only strengthens Texas’s status as a desirable state for business operations but also demonstrates the effectiveness of the Texas Enterprise Fund. JPMS received a grant of $640,000 from this fund, which is designed to support businesses relocating or expanding in Texas.
The new operation will also qualify for an $8,000 Veteran Created Job Bonus, further incentivizing job creation.
Background on JPMS and Its Founders
Founded in 1980 in Hawaii by hairstylist Paul Mitchell and businessman John Paul DeJoria, JPMS originally operated from Beverly Hills and Century City, with facilities later established in Santa Clarita. DeJoria has resided in Austin for 25 years and has made notable campaign contributions to Governor Abbott, totaling over $70,000 since 2021.
Industry Trends in Texas
The relocation of JPMS reflects a broader trend of businesses moving from California to Texas, motivated by the state’s favorable business climate, lower taxes, and supportive regulations. Other notable companies that have made similar transitions include Chevron and Realtor.com.
Governor Abbott remarked that Texas is becoming an increasingly attractive location for corporate operations, as companies seek better conditions to foster growth and innovation.
Education and Community Engagement
JPMS is not just a corporate entity; it operates more than 100 beauty schools across various locations in Texas, including Houston, Webster, Austin, San Antonio, and Arlington. This presence not only facilitates training and education within the beauty industry but also contributes to the local workforce development in these communities.
Conclusion
The headquarters relocation of John Paul Mitchell Systems signifies a notable investment in Texas, anticipated to yield significant economic benefits for the region. As the trend of relocating businesses continues, the state of Texas stands as a promising environment for growth and opportunity in the corporate landscape.
Deeper Dive: News & Info About This Topic
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