The Traderszone Network

Published in TZ Latest News 13 April, 2015 by The TZ Newswire Staff

Toyota to invest $1 billion on new Mexico plant, create 2,400 jobs: source

Toyota Motor Corp , the world’s biggest automaker, will spend $1 billion to build a car factory in Mexico and plans to announce the investment on Wednesday, two sources with direct knowledge of the matter said. The 200,000-cars-a-year factory in the central state of Guanajuato will create about 2,400 direct jobs, one of the people told Reuters, declining to be identified because the plan was not yet public.

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