Toyota and Mazda announce Limestone County plant

11 Enero, 2018, 00:52 | Author: Arnold Perez
  • Employees work on an assembly line of the Toyota Motor Corp's Prius hybrid car at the Tsutsumi plant in Toyota central Japan

When Toyota-Mazda announced the joint venture and its plans to locate the plant in the US, state officials made a huge push for the project, which is expected to eventually employ 4,000 people and generate a $1.6 billion investment.

In a press release, Toyota Motor Corp.

The factory will be in Huntsville, Alabama, located 14 miles from Toyota's engine plant there. Officials said the state tax incentives were worth $370 million, but they did not disclose how much the local incentives were worth.

Workers at the plant are expected to build 300,000 vehicles per year and produce the Toyota Corolla compact auto starting in 2021.

With the addition of the new plant, Toyota will have 11 manufacturing plants across the U.S. Mazda now doesn't have a manufacturing presence in the U.S.

Toyota had been under fire for building Corollas in Mexico.

When Toyota and Mazda announced their joint venture in August a year ago, Trump took to Twitter to praise the Japanese automakers for their American-centric decision.

More news: Millie Bobby Brown is the Female Sherlock Holmes
More news: Hyundai Nexo Fuel Cell EV revealed at CES 2018
More news: Kia Niro EV leads firm's electric auto charge

For Mazda, the plant comes on line in a significant year that marks the start of the company's second century of operation and second half-century of sales in the U.S. The automaker is enhancing its commitment to the U.S. market and will focus efforts on manufacturing and increasing sales in the country. "NO WAY!" Trump tweeted. on January 5, 2017.

Following Pres. Donald Trump's tariff-tough talk in 2016, Toyota was grilled by the then-President-Elect via Twitter about moving manufacturing jobs outside the USA, threatening crippling tariffs on automakers that didn't build new facilities in the states.

Lentz said it makes sense to build Corollas because Toyota needs the volume even in a declining auto market.

The company had been making Corollas in the U.S.at a plant in Blue Springs, Mississippi, and always planned to keep making vehicles there. Those suppliers are mostly based in the South.

Alabama's governor made it official on Wednesday: The southern state has won the competition to snag a massive Toyota-Mazda manufacturing plant, beating out North Carolina. Overall it has 36,000 US employees, not including those at dealerships. "Starting from 2021, I'm confident that we run a highly competitive plant, by bringing together the expertise of Toyota and Mazda as well as the excellent Alabama workforce".

Alabama is the fifth largest producer of cars and light trucks nationally and stands at the center of the growing Southeastern automotive region with a strong automotive presence including Toyota's engine plant in Huntsville.

The plant would be Alabama's fourth auto assembly plant, following Mercedes-Benz in Vance, Honda in Lincoln and Hyundai in Montgomery. It also has a relatively low unemployment rate of only 3.5%, the lowest rate in the state's history.

Recomendado:



Popular

Sin definiciones en la primera semi — Chelsea y Arsenal
El ganador de esta llave enfrentará al vencedor de la serie entre el favorito Manchester City y el Bristol City , cuyo partido semifinal de ida fue victoria de 2-1 para los primeros.

Warriors' Stephen Curry out against Clippers due to sprained ankle
Curry's return to MVP form led to five straight wins for Golden State and the team separating itself from the pack in the West. But Curry's recurring ankle issues will have the Warriors operating with extreme caution.

18-month-old in Lucas County dies from flu
It's not clear yet how effective this year's flu vaccine will be, as federal data on that won't be available till February. The State Department of Health only reports flu deaths in counties if there are more than 5 confirmed flu-related deaths.

LG creó un robot perfecto para el hogar
En los siguientes minutos, el pequeño robot se mantuvo en silencio , a pesar de las reiteradas preguntas de su interlocutor.

Soccer: Canada names Herdman new leader of men's program
The Canadian men were ranked No. 117 in the world when Zambrano was hired by Victor Montagliani, currently president of CONCACAF . He says his "ultimate goal" is to take the men's team to a World Cup , a tournament they have only reached once - in 1986.

Creed Screenwriter To Write Black Panther Comic
Robinson, chancellor of Winston-Salem State University in Winston-Salem, N.C., on Twitter while sporting a Black Panther T-shirt. Lamar and Anthony "Top Dawg" Tiffith will curate and produce " Black Panther: The Album", which does not yet have a release date.

Rahul promises new version of Congress
Gandhi hit out at the Modi government. "Activists and journalists are threatened, they are shot dead for expressing their views. On his vision for the party, Gandhi said he admits his mistakes as well as those of the Congress.

Google Doodle Celebrates Noble Prize-Winning Biochemist Har Gobind Khorana's Birthday
Sloan Professor of Biology and Chemistry at the Massachusetts Institute of Technology. -But this was not his only accolade. Google today honoured with a doodle Har Gobind Khorana , the Indian man who won a Nobel prize for decoding humans' DNA .

Coutinho llega lesionado al Barcelona; será baja 3 semanas
Siempre he dicho que es un sueño que estoy viviendo y estoy muy feliz de estar aquí. La salida de Philippe Coutinho comprometió todos los planes del Liverpool .

James Taylor, Bonnie Raitt bringing their tour to Sprint Center
In almost 50 years of continued success, he has sold more than 100 million records worldwide and won five Grammy Awards. James Taylor will headline Summerfest at the American Family Insurance Amphitheater with special guest Bonnie Raitt .