Title : Wow, It Never Quits -- Now Toyota-Mazda To Build $1.6 Billion, 4,000-Job Auto Assembly Plant -- August 3, 2017
link : Wow, It Never Quits -- Now Toyota-Mazda To Build $1.6 Billion, 4,000-Job Auto Assembly Plant -- August 3, 2017
Wow, It Never Quits -- Now Toyota-Mazda To Build $1.6 Billion, 4,000-Job Auto Assembly Plant -- August 3, 2017
From Detroit Free Press, data points:- Toyota-Mazda, 50-50 venture; to be operational by 2021
- production: 300,000 cars annually
- $1.6 billion; 4,000 employees
- location yet to be determined
- US Toyota headquarters is in Plano, Texas
- US Mazda headquarters is in Irvine, CA
The new plant comes after Trump escalated criticism of Toyota in January, threatening to implement a border tax if the company did not invest in U.S. production. Toyota announced plans in January to invest $10 billion in U.S. operations over the next five years.
Note: just for the record, it's T+195. Just saying.Over the decades, Toyota has developed a massive footprint of plants in the U.S. It includes factories in Kentucky, Alabama, West Virginia, Texas and Indiana, from which it exports more than 160,000 vehicles annually to 40 countries.
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