Sunday, 24 June, 2018

SA loses out on new Toyota-Mazda factory, AP source says

Employees work on an assembly line of the Toyota Motor Corp's Prius hybrid car at the Tsutsumi plant in Toyota central Japan SA loses out on new Toyota-Mazda factory, AP source says
Orlando Vargas | 11 January, 2018, 09:31

Folsom who helped land Mercedes in Tuscaloosa County believes the Toyota-Mazda deal will add even more growth to Alabama's booming auto manufacturing industry which so far has produced almost 60,000 jobs and millions of vehicles.

It's now official - Huntsville, Ala. has been selected by Toyota Motor Corporation and Mazda Motor Corporation as the site of their new $1.6 billion joint-venture auto manufacturing plant.

If Wednesday afternoon's announcement wasn't official enough, it's now received the President Trump tweet stamp of approval. With more than 150 Tier 1 and 2 automotive suppliers in the state as well as automakers, there are approximately 57,000 automotive manufacturing jobs in Alabama.

The plant is set to begin operation in 2021 when it will produce 30,000 vehicles a year and employ 4,000 workers.

The announcement also comes at a time of declining USA auto industry sales, so it could exacerbate overcapacity and add pressure to cut prices.

Details of an anticipated tax and incentive package for the investment were not yet known. A Mazda spokeswoman also declined to comment.

According to a report from Automotive News, the Japanese automakers decided on Huntsville, Alabama as the site of their upcoming facility, after narrowing down their choices between Alabama and North Carolina.

I am extremely proud that Huntsville was selected by Toyota and Mazda for the joint auto production plant. The Huntsville-Madison County Chamber of Commerce, as well as leaders from multiple municipalities, joined the event.

Mets still need to do more after signing Jay Bruce
Major League Baseball free agency had hit a stand still since the winter meetings, with few signings or trades taking place. After being sent to Cleveland, however, Bruce said he enjoyed his time in NY and was open to coming back.


Single brand retailers, Air India get FDI boost from Union Cabinet
Under the automatic route, no approval would be required from Reserve Bank of India or central government for investment. The cabinet approved the extension of FDI in single brand retail from 49% to cent percent in automated route.


Serena Williams Tells Scary Story of Childbirth Complications
At 20 weeks pregnant, with the smallest of baby bumps, she posted a picture on Snapchat of her athletic body, in a yellow swimsuit.


For Toyota, this joint-venture plant will be its 11th US manufacturing facility and represents its further commitment in the USA, in addition to the $10 billion in investment over five years beginning in 2017 announced a year ago.

US President Donald Trump past year tweeted criticism of Toyota for planning to build a factory in Mexico to distribute to the US market.

"Toyota & Mazda to build a new $1.6B plant here in the United States of America and create 4K new American jobs". Toyota said it would shift production of Corollas from Canada to the new venture rather than in Guanajuato, and would build Tacoma pickups in Mexico instead.

The new plant will be home to Mazda's new crossover SUVs and Toyota's Corolla compact sedans, which were originally going to be built in Mexico, drawing the ire of Trump.

Toyota and Mazda in August announced plans for a new USA factory, which will be able to build 300,000 vehicles per year and produce the Toyota Corolla compact auto starting in 2021.

President Donald Trump had criticized Toyota for taking auto production and jobs to Mexico.

Alabama is the fifth largest producer of cars and light trucks nationally and stands at the center of the growing Southeastern automotive region with a strong automotive presence including Toyota's engine plant in Huntsville. It was behind MI at 19 percent; IN at 12 percent, Kentucky at 11 percent; and OH at 10 percent. "It creates a halo effect that in turn helps attract other projects".

"We have been reviewing the best production strategy for our business", he told reporters in Tokyo at the time.

Recommended

First clip released of Obama on Letterman's new Netflix show First clip released of Obama on Letterman's new Netflix show Says Obama, " Prince asks me to come up and dance [and] she pulls me up, which surprises me because she mocks my dancing". Friday's launch of "My First Guest" is the first of six monthly Letterman interview Netflix specials this year.

Millions in gems stolen in gun raid at Paris Ritz hotel Millions in gems stolen in gun raid at Paris Ritz hotel Mohammed al Fayed bought the hotel in 1979 and carried out major renovations to bring it back to its original popularity. French police said five thieves, some of them armed, entered the luxury hotel and stole goods worth "an important sum".

'Black Widow' Standalone Film Gets A Writer 'Black Widow' Standalone Film Gets A Writer Next month will be Marvel's first standalone film with an African American lead as Chadwick Boseman stars as Black Panther. We're more optimistic now that Schaeffer has boarded the project. "We think she's an awesome character".

Huma Abedin and Anthony Weiner to settle divorce out of court Huma Abedin and Anthony Weiner to settle divorce out of court Abedin filed a divorce from Weiner in May and listed it as "contested", which meant they had to negotiate in front of a judge. The couple still plans to proceed with the divorce, but outside of the public eye.

The ticketpricing war between Man Utd & Sevilla continues The ticketpricing war between Man Utd & Sevilla continues Manchester United have confirmed how they'll combat Sevilla charging their fans £89 for their Champions League last-16 away game. Sevilla are charging United supporters £ 89 for a ticket in the uncovered away end at the Estadio Ramón Sánchez Pizjuán.

Shilpa is mean to Hina Shilpa is mean to Hina Things became worse between Hina and Shilpa when the former said that she is "unhygienic" in front of host Salman Khan. The moment Shilpa was able to destroy the mug, Hina tried stopping her but the former didn't listen.

"Big Little Lies" Absolutely Dominated At The Golden Globes Because Duh I do believe and I hope that we can elicit change through the stories we tell and the way we tell them. "Let's keep the conversation alive".

Playing of National Anthem In Movie Halls Not Mandatory Playing of National Anthem In Movie Halls Not Mandatory A Bench, led by Chief Justice of India Dipak Misra , clarified that it is not mandatory to play the anthem before screenings. Members of a bench had questioned the logic behind the mandatory order.

Wenger manages Arsenal in cup semi while sitting with media Wenger manages Arsenal in cup semi while sitting with media Arsenal have not won the League Cup under Arsene Wenger , with their last triumph in the tournament coming under George Graham in 1993.

DISH to provide voice-based TV control with Google Assistant DISH to provide voice-based TV control with Google Assistant It's a fairly direct third-party skill that doesn't incorporate TiVo's own voice search commands into the system. The front-facing camera will come in handy for video calling, using Google Duo.

OJ Simpson Says That He's Not Khloe Kardashian's Father OJ Simpson Says That He's Not Khloe Kardashian's Father TMZ recently spoke to OJ Simpson about Khloe Kardashian's pregnancy, subtly hinting at rumors that Simpson was her father. Robert Sr. had represented him in court during his trial for the murder of his wife, Nicole Brown Simpson.

Patricia to Giants? "All Signs" Point to 'Yes' Patricia to Giants? Patricia was on the sidelines for both of them, first as the Patriots' linebackers coach and then as their safeties coach. If Patricia gets the Giants job, that leaves McDaniels with one other head coaching option - the Colts .

Powerful Earthquake in Caribbean Prompts Tsunami Warnings Powerful Earthquake in Caribbean Prompts Tsunami Warnings The reports that the 7.6 magnitude makes this one of the most powerful earthquakes to hit the Caribbean in modern day history. Hazardous waves, between 0.3 meters and 1 meter above tide level, are forecast to hit Honduras and Belize.

Alabama star WR Calvin Ridley entering NFL Draft Alabama star WR Calvin Ridley entering NFL Draft On Tuesday, Alabama coach Nick Saban said he met with seven potential early entrants to the draft about their decisions. After this year's 1,000-yard, 11-touchdown season, Harris will reportedly return for one more fall in Tuscaloosa.

Say goodbye to 'Pokemon Go' on older iPhones Say goodbye to 'Pokemon Go' on older iPhones This week the folks at Niantic announced an update to Pokemon GO , an update that might not sit well for users of elderly iPhones. According to Eurogamer , the Pokemon GO will no longer have support for iPhone 5 and 5C beginning on 28th February.