SUBSCRIBERS
Toyota, Mazda to build US$1.6b plant in Huntsville, Alabama
Published Thu, Jan 11, 2018 · 09:50 PM
Montgomery, Alabama
TOYOTA Motor Corp and Mazda Motor Corp said on Wednesday they will build a US$1.6 billion joint assembly plant in Alabama that will employ up to 4,000 workers, a boost for President Donald Trump, who wants carmakers to expand US production.
Toyota president Akio Toyoda and Mazda chief executive officer Masamichi Kogai joined Alabama governor Kay Ivey in Montgomery at an event to announce the decision.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Porsche posts Q1 profit drop on ramp-up costs
Air China orders homegrown C919s in challenge to jet duopoly
Huawei’s smart car tech offers automakers route to China sales
Sri Lanka to hand management of China-built airport to India, Russia companies
Tesla’s plan for affordable cars takes page from Detroit rivals
Toyota is investing US$1.4 billion to build another all-electric SUV in US