MBJ_Aug11_2017

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WEATHERLY: Coming to the end of the campaign in Mr. Foote’s army — Page 3 MONEY

www.msbusiness.com

Pay equity is law, but wage gap between men & women still exists

August 11, 2017 • Vo. 39. No. 32 • 28 pages

AGRIBUSINESS

MANUFACTURING

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By JACK WEATHERLY jack.weatherly@msbusiness.com

MBJ FOCUS

Health Care Mississippi {Section begins P14}

» Transcript Pharmacy has the prescription for annual growth » Community health centers called ‘best kept secret’ » UMMC dedicates school of medicine

{The List P20} » Cancer Care Centers

COMMERCIAL FINANCE 101

Southern pine beetles threaten swaths of timberland

{P6} » The Passing of LIBOR

MISSISSIPPI SEEN AS CONTENDER FOR TOYOTA-MAZDA PLANT

U.S. Forest Service/Special to the MBJ

July 19 view of southern pine beetle outbreak on the Bienville Ranger District.

The same day that workers at the Nissan North America plant in Canton voted strongly against unionizing, another Japanese automaker with Mississippi ties, Toyota, announced it would team up with Mazda Motor Corp. to build another assembly plant in the South. A vote to join the United Auto Workers union would have sent a message to foreign automakers, which have turned to the South for manufacturing facilities and have basically avoided union organizing. Toyota and Mazda announced Friday that they plan to spend $1.6 billion to jointly build the plant and create up to 4,000 jobs. The plant will have an annual production capacity of about 300,000 vehicles, and will produce Toyota Corollas as well as a new Mazda crossover vehicle for the North American market. Toyota wouldn’t say where the plant would be built. But because the new plant will build the Corolla, “chances are it will be located near Toyota’s current Corolla plant in Mississippi to be close to parts supply companies. The companies expect the plant to begin operations by 2021,” Bloomberg reported. Toyota said it changed its plan to make Corollas at a plant in Guanajuato, Mexico, now under construction, after reassessing the market. Instead it will produce Tacoma pickups there, Toyota President Akio Toyoda said Friday. Mississippi Gov. Phil Bryant said Tuesday in an email that “we stand ready to grow our existing See PLANT, Page 27

http://msbusiness.com/ceo-awards-of-mississippi/


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