User:Beyoncek06
ThE OxFoRd EaGlE
Tupelo- Toyota Moto Corp. said today it will build a $1.3 billion assembly planat in northeast Mississippi to manufacture tis Highlander sport utility vehicle.
Production is set to begin by 2010 and employment is projected at 2,000. The company said it expects to build 150,000 vehicles a year.
The plant will be built on a 1,700 acre site at Blue Springs, land that has been promoted for economic development.
Mississippi was choosen in a competition with Tennessee and Arkansas.
The plant will be the second automake to locate in the state. Nissan Motor Corp. opened its assembly plant north of Jackson in 2003. The 4,000-employee plant produced about 278,000 vehicles last year.
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