Toyota plans to invest $282 million to increase production in Alabama

0
31
Toyota plans to invest $282 million to increase production in Alabama
Toyota plans to invest $282 million to increase production in Alabama

Toyota said that it will be investing $282 million to construct new production lines in Huntsville, Alabama.

Toyota Alabama (7203.T), which opens a new tab, announced on Wednesday that it will be investing $282 million to establish new production lines in Huntsville, Alabama.

This project is expected to create 350 new jobs. According to the carmaker, this extends the total investment made in Toyota Alabama to over $1.7 billion.

Also readUnveiling the Ethical Imperatives: Navigating the Intersection of AI and Cybersecurity

Do FollowCIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter 

About us:

CIO News is the premier platform dedicated to delivering the latest news, updates, and insights from the CIO industry. As a trusted source in the technology and IT sector, we provide a comprehensive resource for executives and professionals seeking to stay informed and ahead of the curve. With a focus on cutting-edge developments and trends, CIO News serves as your go-to destination for staying abreast of the rapidly evolving landscape of technology and IT. Founded in June 2020, CIO News has rapidly evolved with ambitious growth plans to expand globally, targeting markets in the Middle East & Africa, ASEAN, USA, and the UK.

CIO News is a proprietary of Mercadeo Multiventures Pvt Ltd.