Toyota’s $1.29 Billion Investment to Create 1,750 New Jobs
Toyota is adding a new facility soon in Right to Work Greensboro, North Carolina. The new facility will be located at the Greensboro-Randolph Megasite. In order to make this major expansion, they are investing a total of $1.29 billion. In addition, they also plan to create 1,750 new jobs. So this will be a major economic addition to the area!
From Area Development Magazine:
“The future of mobility is electrification and the Greensboro-Randolph Megasite is the ideal location to make that future a reality. […] North Carolina offers the right conditions for this investment, including the infrastructure, high-quality education system, access to a diverse and skilled workforce, and a welcoming environment for doing business. Today marks the beginning of a mutually beneficial partnership with the Tar Heel state as we embark on our journey to achieve carbon neutrality and provide mobility for all.†[…]
“Toyota’s commitment to establish its North America clean energy efforts in North Carolina shows that preparation pays off enormously. […] The hard work of preparing any site for business development involves not just moving dirt and laying infrastructure but investing in education, workforce development, and the collaborative networks that pull resources together. I’m proud of the people and organizations that have worked closely together over many years to make today’s announcement possible.†[…]
“Toyota’s announcement is recognition of the central role that North Carolina is poised to play in the global shift toward electric vehicles, and marks an important milestone in the state’s commitment to growing the clean energy economy. […] The North Carolina team has had ongoing conversations with Toyota since they first reviewed the Greensboro-Randolph Megasite several years ago, and this longstanding relationship, coupled with a business-friendly environment and a history of automotive engineering excellence were instrumental in the state’s election for this transformative project that will have lasting community and economic impact on our state.†[…]
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