Alabama could be home to Toyota/Mazda plant

Alabama could be home to Toyota/Mazda plant

Alabama could be home to Toyota/Mazda plant

Bloomberg, via Automotive News, reports that sources close to the negotiations say the competition for the future Toyota-Mazda manufacturing plant is down to two states.

The automakers have been narrowing down the list for weeks.


Alabama is the other finalist for the $1.6 billion plant, and a decision is expected early next year, the newspaper reported. Tennessee, Texas and SC were recently still in consideration, the people told Bloomberg. Toyota and Mazda are angling to receive an incentive package of at least $1 billion for the upcoming plant estimated to carry a value of $1.6 billion.

By the time the plant opens in 2021, parts suppliers and other support operations would likely set up shop nearby, bringing more jobs. Mazda will build crossovers at the plant, and Toyota intends to build the Corolla there. It said spokesmen for both auto companies declined to comment. The news source reports MS was seen as an early contender for the plant. They'll also work together on connected-car systems, a collaboration that will include creating a new infotainment system.

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