Toyota Motor Corp. and Mazda Motor Corp. announced in August a joint venture to build a $1.6 billion assembly plant in the U.S. which would create 4,000 jobs and be up and running by 2021.
It is projected to produce 300,000 vehicles a year, with half being the Toyota Corolla and the rest an unspecified Mazda model. For some perspective, Alabama’s Honda and Hyundai plants both produced more than 320,000 vehicles in 2017.
Huntsville megasite possible target of Toyota-Mazda
BACK IN OCT 2017…NOW M.A.G.A. Reality,,,
Alabama may be among top three for new auto plant
INK ON THE DEAL 1.6 BIL…