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Toyota to invest $170m in Mississippi assembly plant

ABR Staff Writer Published 30 April 2018

Toyota Motor said that it will invest $170m and create 400 jobs at its Mississippi assembly plant.

The investment will be used for the manufacture of 12th generation Corolla based on Toyota New Global Architecture (TNGA).

Toyota stated that the implementation of TNGA, along with an overall increase in production will result in the creation of 400 new jobs over a one year period.

The investment is part of Toyota’s plan to invest $10bn in the US, which was announced last year.

During the 60 years of its presence in the US, Toyota claims to have invested about $25bn.

Toyota said that the investment in Mississippi is another economic development win for the state, as it has till now invested more than $1bn in at the plant since 2007.

The investment will include replacing the present production lines, which will allow the facility to produce vehicles more efficiently.

Toyota Mississippi President Sean Suggs said: “We will be able to respond quicker and be more flexible in order to meet market demands down the road.

“I’m very proud of our team members and the partnerships we have developed across the state.”

The new architecture, TNGA, is a new approach for the company to design, engineer and manufacture its vehicles. The architecture claims to retain the company’s traditional values of quality and safety, while improving the performance of all models and adding more responsive handling.

It will also decrease the development cycle for vehicle improvements and new vehicles by offering more flexible production environment.

Mississippi Governor Phil Bryant said: “For more than a decade, Toyota has been a valued corporate partner to Blue Springs and the state of Mississippi.

“Toyota’s commitment to building a sense of community is illustrated by the company’s continued investment in its operations and philanthropic efforts throughout the region. This latest investment and addition of hundreds of new jobs reinforces Toyota’s dedication to excellence in Blue Springs for generations to come.”

The company made this announcement at a groundbreaking ceremony for is new 15,000 ft2 visitor and training center in the state. This training center is expected to provide enhanced workforce development training.

Image: Toyota Mississippi president Sean Suggs at the plant's ground breaking ceremony. Photo: Courtesy of Toyota Motor Sales, U.S.A., Inc.