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Toyota breaks ground in Mississippi

 
Bakemono Bakemono
New User | Posts: 10 | Joined: 04/07
Posted: 04/21/07
02:19 PM

http://www.nyse.com/interface/jsp/NHDetail.jsp?RequestID=2&pageID=NewsHeadlines&sid=PR%2004/18%201808&isdowjones=false
"At a ceremony today with the local community, Toyota broke ground on the future site of Toyota Motor Manufacturing, Mississippi, Inc. (TMMMS), its eighth vehicle manufacturing plant in North America.


Production at the $1.3 billion plant is scheduled to begin by 2010 with 2,000 team members that will produce the Toyota Highlander SUV; annual vehicle capacity will be 150,000 units. Once production begins at TMMMS, Toyota will have the capacity to produce approximately 2.2 million cars and trucks annually in North America.


Attending the ceremony were Mississippi Governor Haley Barbour and Toyota Motor Corporation president Katsuaki Watanabe. They congratulated the community for its hard work and commitment to bringing Toyota to the state.


"Today's groundbreaking actually puts this project ahead of schedule and we intend to keep it that way," said Governor Barbour. "We want Toyota to see Mississippi as the best partner they've ever had."


"Our goal is to make a positive contribution to the community while beginning a new partnership with local citizens," said Watanabe. "We will make every effort to be the best business partner in Mississippi and thank Governor Barbour and all citizens for their warm welcome."