At least 11 states are in talks to land a new $1.6 billion manufacturing plant that Toyota and Mazda want to build jointly in the U.S., reports The Wall Street Journal.
Besides Texas — now home to Toyota’s North American headquarters in Plano — other states on the companies’ shortlist are Alabama, Florida, Kentucky, Illinois, Indiana, Iowa, Michigan, Mississippi, North Carolina and South Carolina, The Journal reported, citing unnamed sources familiar with the potential investment. Those sources also said the manufacturing facility would require at least 1,000 acres of land.
The new plant, announced late last week, is expected to create at least 4,000 jobs. President Donald Trump, who has been pushing an “America First” policy aimed at getting large manufacturers to create jobs in the U.S., touted the announcement as a success.
Toyota has been working with the real estate company JLL for at least six months to pare down the list of states, the newspaper reported. JLL was also closely involved in plotting Toyota’s recent headquarters move from California to Plano.
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The new plant is expected to start production in 2021, making about 300,000 vehicles a year, including 150,000 sport utility crossover vehicles for Mazda and 150,000 Toyota Corollas that were earlier planned to be built from a Guanajuato, Mexico, factory that is still under construction.
Toyota has a plant in San Antonio that builds more than 200,000 Tundras and Tacomas every year.