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Economy |
The Trump effect: Japanese carmakers adding 4,000 jobs at new car assembly plant |
2017-08-05 |
[American Thinker] As the tectonic plates shift in the global auto industry, jobs are being added under President Trump. He was elected promising to reverse the deindustrialization of America, and the announcement today from Toyota and Mazda [i] that they are jointly building a $1.6-billion assembly plant at an American site to be determined shows that he is delivering. Jonathan Soble writes from Tokyo for the New York Times: Toyota said on Friday that it was taking a 5 percent stake in Mazda, another Japanese automaker, adding that the companies would jointly build a new assembly plant in the United States and pool resources on new technologies.The factory's location has not been decided, but Toyota and Mazda said they hoped the first vehicles would roll off its production lines in 2021. The plant is expected to cost $1.6 billion and will employ about 4,000 workers, they said. |
Posted by:Besoeker |
#3 Toyota moves to Texas. They shut down their product development groups in northern Kentucky as well, Skidmark. That's how trailing daughter #2 and her husband ended up in Dallas less than six months after she started working for the company. It's still her dream job, though, and I'm sure it was good for them to be far away from all the parents. |
Posted by: trailing wife 2017-08-05 14:08 |
#2 Japanese figured out a long time ago how to get around quotas and tariffs was to base in the Big Country. They had their big scare after the Arab oil embargo when Americans discovered fuel efficient, quality made, no 3 foot long page of 'extras', cars sending the UAW and Michigan congresscritters into panic to shut the imports down. |
Posted by: Procopius2k 2017-08-05 07:39 |
#1 Toyota moves to Texas |
Posted by: Skidmark 2017-08-05 07:14 |