Toyota, Mazda Select Alabama for New Manufacturing Plant

Louisiana proposed huge incentive package to attract massive Toyota-Mazda plant that went to Alabama

The prized $1.6 billion vehicle factory awarded to Alabama by Toyota Motor Corp. and Mazda Motor Corp. could be an even bigger win than expected, as the site's size leaves plenty of room for future expansions.

The production at the plant will be split equally between the two automakers.

"This was yet another outstanding year for Alabama's automotive industry, which continued to build great cars and engines for a worldwide market", said Steve Sewell, executive vice president of the Economic Development Partnership of Alabama. The facility is expected to create up to 4,000 jobs and production is expected to begin by 2021. Employees will be paid an average annual salary of $50,000, Ivey said.

Production at the plant will split evenly between the companies, producing the Toyota Corolla compact auto and an as-yet-unreleased crossover from Mazda.

Toyota and Mazda made waves yesterday with the announcement that they have settled on Huntsville, Alabama for the site of their new joint assembly plant.

Last year, LED positioned the State of Louisiana as a strong candidate for the joint-venture plant proposed by Toyota and Mazda. "NO WAY!" Trump tweeted. on January 5, 2017.

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USA sales of small cars fell almost 10 percent past year as buyers continued a massive shift toward SUVs and pickup trucks.

But despite the threat of a border tax, Toyota is moving ahead with plans to build trucks at the Mexico plant, even if it will not build Corollas there.

With those worries off the table, state and regional leaders should start working now to ensure MS keeps a seat at the table in what will surely become an even more competitive field to wrangle suppliers to support plant operations.

The new Huntsville plant will be just 14 miles (22 kilometers) from Toyota Motor Manufacturing of Alabama, which produces four-cylinder, V-6 and V-8 engines for several Toyota models. Companies are coming back to the U.S.in a very big way. For Mazda, the plant represents an enhanced commitment to the US market with an increased focus on manufacturing and sales in the country.

"Starting from 2021, I'm confident that we will run a highly competitive plant, by bringing together the expertise of Toyota and Mazda as well as the excellent Alabama workforce". Mazda does not now have any USA factories. It also has a relatively low unemployment rate of only 3.5 percent, the lowest rate in the state's history.

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