Toyota to build $1.3 billion US plant
Toyota Motor’s new Highlander sport utility
vehicle should start rolling off the assembly line at a new $1.3 billion plant
in northeast Mississippi by 2010.
Toyota Motor’s new Highlander sport utility vehicle should start rolling off the assembly line at a new $1.3 billion plant in northeast Mississippi by 2010, company and state officials have said.
The new plant will manufacture 150,000 Highlanders a year. It also will create 2,000 badly needed jobs in an area with an economy that has slowed.
Also, the company will start producing Camrys at a Subaru plant in Lafayette, Indiana. Toyota also has four engine plants in North America.
The announcement comes after a slump in the American car industry with Ford reporting increasing losses and Daimler-Chrysler cutting 13,000 jobs at its plants across North America.
Two of the Highlander models will be hybrids, btw. Something that Chrysler still hasn’t figured out — and GM lies about.
Posted: Wed - February 28, 2007 at 07:06 AM