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Toyota, Mazda to build $1.6 billion plant in Alabama

Discussion in 'Coffee Shack (Daily News/Economy)' started by Goldhedge, Jan 10, 2018.



  1. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

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    Toyota, Mazda to build $1.6 billion plant in Alabama
    Phil LeBeau | @Lebeaucarnews
    Published 15 Hours Ago Updated 15 Hours AgoCNBC.com
    [​IMG]
    Workers complete a truck's engine on the assembly line at the Toyota Motor Corp. manufacturing facility in San Antonio, Texas. T.J. Kirkpatrick | Bloomberg | Getty Images

    Toyota Motor and Mazda Motor are set to unveil plans for a $1.6 billion assembly plant in Huntsville, Alabama, sources familiar with the matter tell CNBC.

    That announcement is expected to be made Wednesday afternoon in Alabama. Toyota executives and Alabama Governor Kay Ivey are slated to attend that announcement, sources said.

    The plant, which will build the Toyota Corolla along with other models, is a huge win for President Donald Trump'sadministration which has made a point of stressing it would add manufacturing jobs, especially in the auto industry.


    The plant is projected to employ about 4,000 workers and produce approximately 300,000 vehicles a year.

    A spokesperson for Toyota declined to comment to CNBC.
     
    Glasgow and Irons like this.
  2. Irons

    Irons Deep Sixed Site Supporter Mother Lode

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    But...but..bu..... Hussein obama said these jobs are never coming back and we all just have to deal with it.


    bush/clinton/hussein = fecking traitorous assholes, all of 'em
     
    BarnacleBob and Glasgow like this.

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