Toyota to revive stalled Mississippi plant, build Corollas
Toyota Motor Corp. will resume construction on its mothballed plant in Mississippi and begin producing the Corolla there late next year.
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Source: Toyota to revive stalled Mississippi plant, build Corollas
Quote from the article:
“We first needed to fully utilize our existing facilities as the economy slowed,” Yoshimi Inaba, president of Toyota Motor North America, said in a statement today. “Now it's time to fulfill Toyota's promise in Mississippi.” The automaker said it will hire 2,000 workers “soon.” Corolla output would mark another shift for the project. Toyota broke ground on the 2 million-square-foot factory near Tupelo in April 2007 with an initial plan to assemble Highlander SUVs in late 2009. In mid-2008, Toyota said it would build the Prius hybrid instead after fuel prices soared and sales of large vehicles sagged. By December 2008, with the U.S. industry on the brink of its worst sales slump in nearly 30 years, Toyota suspended construction with the building's shell basically complete. |
Source: Toyota to revive stalled Mississippi plant, build Corollas
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