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Billion-Dollar Home Builder Becomes Latest Company to Ditch California and Relocates to More ‘Business-Friendly’ State

15th April 2026

Daily Mail (UK).

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.

 

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