Well, sweet potato pie and shut my mouth, Toyota and Mazda have announced they will build a $1.6 billion joint assembly plant in Alabama. They anticipate the plant to be built in Huntsville will employ 4,000 workers with average earnings of $50,000 per year. The plant is expected to produce 300,000 vehicles per year.
Alabama is already home to a Mercedes-Benz. Honda and Hyundai have plants there too with Kia operating near the border in Georgia.
What are the "Big 3" doing? GM, Chrysler and Ford.
Better watch out boys, they soon will be in front of you.
PMO
©2017
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