![]() “It is a great honor to announce that Toyota and Mazda will be building a new vehicle plant here. ![]() ![]() Japanese automakers Toyota and Mazda on Wednesday announced plans to build a mammoth $1.6 billion joint-venture plant in Alabama that will eventually employ about 4000 people. Several states had competed for the coveted project, which will be able to turn out 300,000 vehicles per year and produce the Toyota Corolla compact car for North America and a new small SUV from Mazda. Production is expected to begin by 2021.
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