Toyota has reportedly picked Mississippi to build a new plant that will begin productions of Toyota sports utility vehicles in 2010. Wall Street Journal reported Monday evening, citing sources from Japan, that the company will confirm the selection of Mississippi on February 27th at a board meeting. The Nikkei, a Japanese business newspaper, said on its Web site Monday that Toyota had picked Mississippi for an $880 million sports utility vehicle plant.
The report said that Toyota will begin producing the new 2008 Toyota Highlander at the plant while the SUV will be half way through its life cycle. We also suspect that Toyota will eventually build the recently spied Toyota Land Cruiser as well as Lexus SUVs.
[tags]Cars, Car, Auto, Automobile, Vehicles, Technology, Auto News, News, Toyota[/tags]