Toyota Announces Plans to Build a $1.3B Plant in North Carolina

Toyota’s new North American battery manufacturing plant will create at least 1,750 jobs and contribute more than $9.5 billion to the North Carolina economy over the next 20 years. The $1.29 billion plant at the Greensboro-Randolph megasite is part of North Carolina’s growing clean energy economy, Gov. Roy Cooper said. Electric vehicles account for nearly 25 percent of Toyota/Lexus sales volume.

Author: Mike Jackson