McKesson Corp., the nation’s largest pharmaceutical distributor, announced today that it will relocate its headquarters from San Francisco to Irving in April.
The company, which delivers prescription drugs and medical supplies, has more than 75,000 employees globally and had revenue of $208 billion last year. It ranks sixth on the Fortune 500 list, behind only Walmart, Exxon Mobil, Berkshire Hathaway, Apple and UnitedHealth Group.
With its move, McKesson will become the second-largest company by revenue to be based in North Texas, surpassing AT&T Inc. The largest, Exxon Mobil, is also headquartered in Irving.
Dallas-Fort Worth had 22 Fortune 500 company headquarters this year. That’ll grow next year with the addition of McKesson and another California transplant, San Francisco-based Core-Mark Holding Co., which is relocating to Westlake. …
When I can finally escape this asylum, I hope there is not a “Will the last one out please turn out the lights ” billboard at the border, (to salt the wound) after only being able to sell my house for firewood, and getting nailed with an Exit Tax and a Carbon Tax (for the firewood !) on top of that !
And with it they’ll bring more tax crazy Californians who will vote at they voted in California…Texas will be blue in no time.
SO California overwhelmingly restricts profits, so that mean that companies as McKesson Corp
are deal with reeling profit losses, that’s only real reason why McKesson Corp is more than ready to completely quit & leave California
tgis is the TRUMPing Truth!!!
California AG will sue McKesson based on “gee, you’re not being nice to us…”
Or sue to keep them from leaving…. Read Atlas Shrugged…. prophetic of CA.