Toyota and Mazda made it official today.
The automobile manufacturers announced they are building a joint plant in Alabama.
The $1.6 billion plant will bring 4,000 new jobs to the state.
foxbusiness.com reports: Toyota Motor Corp (TM) and Mazda Motor Corp announced on Wednesday they will build a $1.6 billion joint assembly plant in Alabama that will employ up to 4,000 workers, a boost for President Donald Trump, who wants automakers to expand U.S. production.
Toyota President Akio Toyoda and Mazda President and Chief Executive Officer Masamichi Kogai joined Alabama Governor Kay Ivey in Montgomery at an event to announce the decision.
“Welcome to sweet home Alabama,” Ivey said to the two executives, after saying that the anticipated 4,000 workers at the plant to be built in Huntsville would earn an average of $50,000 a year.
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