Alabama could be home to Toyota/Mazda plant

Alabama could be home to Toyota/Mazda plant

Bloomberg reports Alabama and North Carolina are the final two states who are in the running to land the Toyota and Mazda plant, citing people familiar with negotiations. North Carolina, home to the tech triangle, does not now host an automotive plant.

Local business leaders are closely watching developments because the Greensboro-Randolph Megasite, in northeastern Randolph County, is often mentioned as a top contender among all sites. 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 automakers have been narrowing the list for weeks, knocking out nearly a dozen other contenders that until recently included Tennessee, Texas and SC, the people said.

John Boyd, a site-selection consultant based in Princeton, N.J., also told the newspaper that he thinks the Randolph site will ultimately be chosen, although no other sources have been that specific.

North Carolina has four "megasites" that have been built to accommodate large industry such as automotive or airplane. The news source reports MS was seen as an early contender for the plant.

The Japanese automakers announced the plans for the new plant in August, saying the move will create 4,000 jobs. Toyota and Mazda are angling to receive an incentive package of at least $1 billion for the upcoming plant estimated to carry a value of $1.6 billion.

Both Toyota and Mazda declined to comment to Bloomberg about the claims.

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