Louisiana tried to woo auto plant with $500M in incentives

Louisiana tried to woo auto plant with $500M in incentives

Toyota will use the plant to build its best-selling compact auto, the Corolla, while Mazda will use it to build a new crossover vehicle.

Toyota and Mazda made waves yesterday with the announcement that they have settled on Huntsville, Alabama for the site of their new joint assembly plant.

"Great news as Toyota and Mazda announce they are bringing 4,000 JOBS and investing $1.6 BILLION in Alabama, helping to further grow our economy!" said Trump.

"We welcome the Toyota-Mazda plant - the newest addition to the automotive industry in the state of Alabama", Hoff said. "Their decision to locate this new facility in Huntsville is a testament to the talented workforce in our state".

Mazda Motor Corporation President and Chief Executive Officer Masamichi Kogai and Toyota Motor Corporation President Akio Toyoda joined Alabama Governor Kay Ivey and Mayor Battle for the announcement.

The automaker is improving its commitment to the USA market and will focus efforts on manufacturing and increasing sales in the country.

Eden Hazard says he WILL sign new Chelsea contract - on one condition
According to the Mirror's Jack Rathborn , the Belgian was asked if he would pen a new deal at Stamford Bridge and replied: "Yes". Chelsea goalkeeper and former Atletico Madrid shot-stopper Courtois, 25, has also emerged as a target for Zinedine Zidane's men.

Men movie New Mutants pushed back to 2019, Deadpool 2 bumps up
Disney may have bought the rights to the X-Men when it purchased a hefty chunk of Fox. Even so, fans can be forgiven for feeling just a little jittery.

Trump says he 'probably' has 'very good relationship' with Kim Jong Un
Only recently, there was a war of words between Kim Jong-un and Donald Trump about the size of the nuclear button on their desks. Trump had said on Saturday that he was open to talking to Kim . "I'm not saying I have or haven't".

"By making such cars here in Alabama, we hope that over time our plant will come to occupy a special place in the hearts of our employees and the local community". I don't see how we're proving people wrong.

Toyota officials eased many minds in Northeast Mississippi following the announcement by stating the new Alabama plant would not have an impact on the Blue Springs facility, which also produces the popular Corolla model.

Aside from Toyota's original production facility and the upcoming one, Alabama is also home to a Mercedes-Benz plant.

Alabama ranked 44th out of 48 mainland US states in overall manufacturing costs a year ago, contributing to its appeal, said John Boyd, a site selection specialist based in Princeton, New Jersey, who didn't work on this deal. In 2017, the company announced a $10 billion investment in the United States over the next five years.

He suggested Alabama's concentration of existing automotive industry infrastructure likely gave the state a stronger selling point to project leaders.

Related News:

  • Tunisia deploys army to suppress growing unrest

    Tunisia deploys army to suppress growing unrest

    The opposition Popular Front party is calling on the protests to continue on until the government's 2018 budget has been repealed. On Tuesday night, hundreds of young people took to the streets of Tebourba for the funeral of the man who died.
    Honda previews Insight prototype

    Honda previews Insight prototype

    In fact, Honda has confirmed the prototype previews a brand-new sedan that's set to go on sale next year. The new Insight continues Honda's goal of electrifying two-thirds of its global models by 2030.
    Barcelona 5-0 Celta Vigo (6-1 aggregate): 5 talking points

    Barcelona 5-0 Celta Vigo (6-1 aggregate): 5 talking points

    Leganes, a modest club from the Madrid suburbs, reached the quarter-finals for the first time in their 89-year existence. But Coutinho, dressed in a black shirt dotted with white stars, was in the stands at the Camp Nou for the first.
  • 'Mario Tennis Aces' announced for the Nintendo Switch

    But most important of all, The World Ends With You -Final Remix- adds a brand new scenario "that gets to the heart of the story". However, with the reveal of the new Nintendo Switch game Mario Tennis Aces , there is definitely hope for the series yet.
    Oprah Winfrey's home damaged by deadly California mudslides

    Oprah Winfrey's home damaged by deadly California mudslides

    At least 25 people were injured , 50 or more had to be rescued by helicopters, and an undetermined number of others were missing, authorities said.
    Canada excludes Kinrade from Olympic roster

    Canada excludes Kinrade from Olympic roster

    In 2017 he was second on the team with eight points and five assists, and was the team's Player of the Game against Latvia. For the first time since 1994, the National Hockey League is not allowing its players to participate in the Winter Games .
  • Netflix Announces New Series 'End of the F***ing World', Releases Trailer

    Netflix Announces New Series 'End of the F***ing World', Releases Trailer

    He also returned to the "mini-comic" format with I Am Not Okay With This , with printed copies shipped to Patreon subscribers. It stars Alex Lawther (from Black Mirror episode 'Shut Up and Dance' ) and Jessica Barden (best known for Penny Dreadful ).
    Final Fantasy XII: The Zodiac Age hits PC in February with Optimizations

    Final Fantasy XII: The Zodiac Age hits PC in February with Optimizations

    Full controller support, Steam Trading Cards and more to optimize the PC player experience. Plus there is an option to max out Gil and license points in a configuration menu.
    NH Sam's Club store to close permanently

    NH Sam's Club store to close permanently

    Local media outlets in Texas, New York, New Jersey and Arizona were some of those confirming stores being closed on Thursday. Worcester was the last Sams Club location in MA , with other stores in Seekonk and Fall River closing previous year.
  • Cross-strait trade picked up in 2017: Chinese customs

    Cross-strait trade picked up in 2017: Chinese customs

    The International Monetary Fund is forecasting 2017 economic growth, due to be reported next week, at just under 6.8 percent. As North Korea's biggest trading partner and main source of aid, China holds influence over the pariah state.
    Ecuador grants citizenship to WikiLeaks founder Assange

    Ecuador grants citizenship to WikiLeaks founder Assange

    Security staff were filing minute by minute reports of Assange's movements to Ecuador's intelligence agency. Speaking at a news conference in Quito , Espinosa said Assange was granted naturalization on December 12.
    Dan Shaughnessy asked Nancy Kerrigan about 'I, Tonya.' Here's what she said

    Dan Shaughnessy asked Nancy Kerrigan about 'I, Tonya.' Here's what she said

    Nancy Kerrigan has better things to do right now than see " I, Tonya " - but she does want to remind the world of one thing. Scene by scene, it made me laugh, cringe, get angry, upset, confused, enlightened, entertained, nearly tearful and awed.


Most liked

Baby in Charlotte Amber Alert found safe
He has brown shoulder-length dreadlocks and a tattoo of crown "King" on his neck in the middle of his Adam's apple. Charlotte-Mecklennburg Police are searching for a 3-month-old child believed to be with a murder suspect.

Should Oprah Winfrey Run for President?
The inspirational speech centered on women, and was a call-to-arms for the continued fight against men who abuse their power. . The philanthropist invoked the name of Recy Taylor, a black woman who was raped by six white man - one of them a U.S.

IPhone 6 Plus Replacement Batteries in Short Supply Until March
The exchange offers for the iPhone 7 list up to Rs 21,000 off Price, while those on the iPhone 7 Plus are limited to Rs 18,000. Similar discount is offered on iPhone 8 Plus with 256 GB which is priced at Rs 78,999 from their previous price of Rs 86,000.

We have discharged a debt to the nation: Four SC judges
The Collegium's other pick for the Supreme Court judiciary - Uttarakhand Chief Justice KM Joseph - is also an interesting one. There is an issue of assignment of a case which is raised in that letter (to the CJI): Justice Gogoi.

PUBG looks like it has sold more on PC than Minecraft
It's definitely not flawless , by any means, but it was a big boon for Xbox owners looking for an exclusive console game release. Now, those coders and designers need to sit on their comfy chairs built out of $100 bills and finish that optimization process.

Uber built secret program to evade law enforcement
Sigourney Weaver as Warrant Officer Ripley in the hit film Alien 3 - the inspiration for Uber's latest software tool. Uber's on-site managers followed protocol and alerted company headquarters about what was happening.

United States hopes Pakistan would 'turn over' terrorists, do the 'right thing'
Pakistan's Defence Minister Khurram Dastgir Khan said that the U.S. was using Pakistan as a scapegoat for its failures in war-torn Afghanistan.

'Shape of Water,' 'Handmaid's Tale' take top Critics' Choice Awards
Franco lost the best actor award, presented during televised portion of the show, to The Darkest Hour star Gary Oldman. Host Olivia Munn and numerous winners took time to speak out about gender inequality.

Ford Urges Some Ranger Owners Not To Drive After Takata Deaths
Owners living outside of the USA who aren't covered by the recall will also be contacted and have the defective part replaced. NHTSA will continue to ensure all consumers are kept informed of current and future recalls.

First Steps Toward Embassy Relocation - US Embassy & Consulates in the United Kingdom
The cancellation comes after he called Theresa May last month to say he would make the trip to the United Kingdom in the New Year. The BBC said Downing Street has declined to comment on the move, but was considering options for state visit later in the year.

Russian interference at a glance: findings of the congressional report
Bob Corker, chairman of the Foreign Relations Committee, said Cardin had kept the Tennessee Republican informed about the report. Democratic staffers insist that numerous report's specific recommendations are likely to have Republican support.

British think tank warns cyber risk to nuclear weapons 'relatively high'
The report says numerous vulnerabilities in nuclear weapons systems have been in place for some time, but they have been made worse by new technology.

Trump slurs Haiti, African nations as 'shithole countries'
There is no poorer country in the Western Hemisphere than Haiti, though given time Communist Venezuela might well change that. In practice, a more skills-based immigration system would be unlikely to attract many immigrants from Norway .

Trump is changing your paycheck. Here's how
Treasury would achieve that, the lawmakers surmised in the letter, by pushing the IRS to change its formula for withholdings. Workers with pass-through income from a small business or LLC can also expect to submit lower tax payments to the IRS.

Apple says all iPhones, iPads and Macs affected by chip flaws
Microsoft this week released emergency updates to address Meltdown and Spectre in its various Windows operating systems. The company has made software updates to protect against some of the problem, but not all of it.