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Toyota to build $1.6 billion U.S. plant with rival Mazda: source
Reuters ^ | August 3,2017 | David Shepardson and Joseph White

Posted on 08/03/2017 6:15:17 PM PDT by Hojczyk

WASHINGTON/DETROIT (Reuters) - Toyota Motor Corp (7203.T) and rival Mazda Motor Corp are expected to announce plans on Friday to build a $1.6 billion U.S assembly plant as part of a new joint venture, a person briefed on the matter said.

The plant will be capable of producing 300,000 vehicles a year, with production divided between the two automakers, and employ about 4,000 people when it opens in 2021, the person said on Thursday.

A new auto plant would be a major boost to U.S. President Donald Trump, who campaigned on promises to boost manufacturing and expand employment for American autoworkers.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Front Page News; Japan; Politics/Elections
KEYWORDS: automakers; jobsjobsjobs; manufacturing; toyota; trade; trump; winning
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1 posted on 08/03/2017 6:15:17 PM PDT by Hojczyk
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To: Hojczyk

Bet it goes to a state Trump won


2 posted on 08/03/2017 6:16:02 PM PDT by Hojczyk
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To: Hojczyk

Bookmark


3 posted on 08/03/2017 6:18:23 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: Hojczyk

It’s going to a right to work state that’s not dominated by the UAW. It’s not going near a city that already has a UAW plant.


4 posted on 08/03/2017 6:20:16 PM PDT by henkster (Ask your favorite liberal to take the "Snowflake Challenge.")
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To: henkster
WESTbygawdVirginia?

Probably not ... too much to hope for ... but we could sure use it.

5 posted on 08/03/2017 6:22:46 PM PDT by NorthMountain (The Democrats ... have lost their grip on reality -DJT)
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Build it in PA, MI or WI!!!
6 posted on 08/03/2017 6:32:47 PM PDT by KavMan
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To: Hojczyk

But, Obama said those jibs were gone, never to return.

These will mostly be FT jobs people can make a living on not Obama’s PT burger flipper jobs.


7 posted on 08/03/2017 6:33:50 PM PDT by matt04
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To: Hojczyk
Another wave of Trump's magic wand to bring back jobs that Obama assured us were gone for good and never coming back
8 posted on 08/03/2017 6:39:13 PM PDT by rdcbn
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To: KavMan

MI has too many auto plants already. WI just got FoxConn. Give it to PA.


9 posted on 08/03/2017 6:39:57 PM PDT by libh8er
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To: NorthMountain

I would love to see them build a plant in one of the areas supposedly only inhabited by idiot rednecks according to the left.

The fact that the left believes some Americans are just too dumb to do a certain job because thy don have a Masters in Gender studies or some other BS diploma is one of the most reprehensible this about them.


10 posted on 08/03/2017 6:40:09 PM PDT by matt04
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To: rdcbn

You will love this one.

https://www.bloomberg.com/news/articles/2017-08-03/sibanye-may-cut-7-400-jobs-as-it-restructures-gold-operations?utm_source=yahoo&utm_medium=bd&utm_campaign=headline&cmpId=yhoo.headline&yptr=yahoo


11 posted on 08/03/2017 6:46:16 PM PDT by Bogie
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To: libh8er

“Give it to PA.”

That would be good. Trump barely won PA the last time around.


12 posted on 08/03/2017 6:47:27 PM PDT by Parley Baer
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To: Hojczyk

More winning! I’m not yet tired of it yet, despite the fact that PDT said I would be.


13 posted on 08/03/2017 6:48:08 PM PDT by Stand W (My Name is Tucker Carlson and I am going to destroy you.)
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To: Parley Baer

The plant will be built in southeastern North Carolina.


14 posted on 08/03/2017 6:56:54 PM PDT by Torahman (Remember the Maccabees)
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To: Hojczyk

After working for and leading projects in 2007/08 in Georgetown and across all their plants, I can tell you Toyota attempt to take care of their staff, just could pay more.

That site has around 7500 full time staff plus contractors. Kicking out a car every 52 seconds, the Georgetown plant is the best and no auto manufacture matches their ability to execute. 95% of the Camry is made onsite and all the parts are manufactured on site.


15 posted on 08/03/2017 6:58:19 PM PDT by ALocalTech (I have never developed indigestion from eating my words (Churchill))
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To: NorthMountain

WV? Such a plant and associated jobs would be Heaven sent. Not totally out of the question as Toyota has the engine factory at Buffalo, but I think WV’s right to work law is still held up in the state court system.


16 posted on 08/03/2017 7:08:07 PM PDT by buckalfa (Slip sliding away towards senility.)
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To: rdcbn

“They don’t care about local operations anymore. They’d rather go to the U.S. and invest there,” he said, referring to Sibanye’s $2.2 billion acquisition of Colorado-based Stillwater Mining Co. this year.


17 posted on 08/03/2017 7:08:26 PM PDT by Bogie
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To: Parley Baer
I checked TRUMP's vote totals in WI

TRUMP got fewer votes than Romney in that State!!!! WTF??!!!

18 posted on 08/03/2017 7:09:16 PM PDT by KavMan
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To: Hojczyk

4,000 jobs at the final assembly plant. Thousands more at suppliers.


19 posted on 08/03/2017 7:12:21 PM PDT by Blood of Tyrants (Conservatives love America for what it is. Liberals hate America for the same reason.)
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To: Hojczyk

Tired of winning yet?


20 posted on 08/03/2017 7:12:23 PM PDT by 2ndDivisionVet (You cannot invade the mainland US. There'd be a rifle behind every blade of grass.)
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