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Alabama 1 of 2 states in running to land Toyota, Mazda plant

Alabama 1 of 2 states in running to land Toyota, Mazda plant

Alabama and North Carolina are still in the running to be the home of a joint, Toyota/Mazda vehicle factory. But all of the state's efforts have been in vain, with companies from Volvo to Mercedes to Hyundai picking other sites in the Southeast.

The joint auto factory is worth $1.6 billion, reports Automotive News and Bloomberg.

A Toyota spokesman declined to comment. Mazda executive vice president Akira Marumoto told reporters that the automakers will announce a final decision on the plant location by early next year.

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North Carolina has four "megasites" that have been built to accommodate large industry such as automotive or airplane.

The Randolph County Planning Board voted in the affirmative Tuesday night on a rezoning request that would add 370 acres to the 1,500-acre mega-site south of Greensboro. There are two megasites in Chatham County, one in Edgecombe County and one on the Guilford-Randolph counties border. Tennessee, Texas and SC were recently still in consideration, the people told Bloomberg. It is expected that the new plant will produce 300,000 vehicles per year and provide about 4 000 new jobs. Mazda, which imports all the models it sells in the USA, plans to produce crossovers alongside Toyota Corolla compact cars at the new plant.