Toyota & Mazda - the two Japanese automakers plan to build an automotive assembly plant jointly, at cost of $1.6 billion, which will build the Toyota Corolla and future Mazda crossover vehicles, by 2021. The facility, which requires at least 1,000 acres upon which to build, will employ up to 4,000 workers.
The Wall Street Journal named 11 states on what it says is a short list of top candidates for the site: Alabama, Florida, Kentucky, Illinois, Indiana, Iowa, Michigan, Mississippi, North Carolina, South Carolina and Texas.
Toyota and Mazda officials say the process to choose the site is in its early stages, but the Wall Street Journal says a team of brokers from Chicago-based Jones Lang LaSalle has been working for six months on the project. JLL also represented Toyota in its headquarters relocation to Plano, Texas, from Kentucky.
Mayors of Dallas and Fort Worth have already expressed interest in this plant.
Such a plant in Dallas metro area will result in relocation of Toyota and Mazda employees to cities like Plano TX, Frisco TX, Coppell TX, Flower Mound TX, and Mckinney TX.
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