TUPELO, Miss. (AP) - Toyota Motor Corporation says it will build
a 1.3 billion dollar billion assembly plant in northeast Mississippi to manufacture its Highlander sport utility vehicle.
Production is set to begin by 2010 and employment is projected at two-thousand. The company says it expects to build 150-thousand vehicles a year.
The plant will be built on a one-thousand-700 acre site at Blue Springs, land that has been promoted for economic development.
Governor Haley Barbour and two Toyota manufacturing executive vice presidents, Gary Convis and Ray Tanguay, announced the project in an auditorium at Tupelo High School.
Mississippi was chosen in a stiff competition with Tennessee and Arkansas.
The plant will be the second car maker to locate in the state.
Nissan Motor Corporation opened its assembly plant north of Jackson
in 2003. The 4-thousand-employee plant produced about 278-thousand
vehicles last year.
(Copyright 2007 by The Associated Press. All Rights Reserved.)