Toyota settles on Corolla for new Mississippi plant

  • 01-Jul-2010 03:47 EDT
TMMMS_Aerial_Nov_2009-prv.jpg

Construction of Toyota's Mississippi plant was under suspension when this November 2009 photo was taken.

Toyota has decided to resume construction of a plant in northern Mississippi that originally was scheduled to begin production in 2010. When it announced plans for the plant in early 2007, the company planned to make the Highlander there. In 2007, company officials changed their mind and decided to build the hot-selling Prius at the plant in Blue Springs. The subsequent economic downturn in the U.S. forced the company to postpone construction of the plant. In June 2010, Toyota said it would begin building the Corolla by fall 2011. The original plant cost estimate was $1.3 billion. Toyota says the building is "essentially complete," with most of the remaining work involving installation of equipment. It did not cite anticipated production volume, saying only that nearly all Corollas sold in North America will be built in North America.

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