Billion-Dollar Home Builder Becomes Latest Company to Ditch California and Relocates to More ‘Business-Friendly’ State
15th April 2026
A large home builder has become the latest company to flee California for the more business-friendly neighboring state of Arizona.
KB Home, which has a market cap of $3.25 billion, has announced that it plans to move its corporate headquarters from Los Angeles to Tempe, a suburb of Phoenix, beginning next spring.
The company’s leadership has said that the move is expected to save money and increase efficiency.