Toyota’s Blue Springs, Mississippi plant that was suppose to be completed before 2010 to build the Prius hybrid, will continue construction in order to build Corolla cars. The Corolla, had originally been built in California, but was temporarily shifted to Japan when Toyota closed down their California factory, due to a joint venture between Toyota and General Motors gone ‘sour’.
Toyota has committed more than $10 million to the state to support road construction and extend water and sewer systems, and made donations to support local education, according to the governor’s office. The plant should be finished by fall of next year, providing almost 2,000 jobs for local residences.
The plan signals that Toyota is again getting ready to tackle a growth strategy after managing to return to the black. The previous year had been the automakers worst loss in its history of building automobiles, due to numerous safety recalls.
Yoshimi Inaba, president and chief operating officer of Toyota Motor North America, said the company couldn’t restart the plant until it was sure of a recovery. “With the return of stability to our existing operations in North America, it is time to fulfill Toyota’s promise in Mississippi,” said Inaba.