Toyota to build $1.29 billion factory, employment for over 1750 people

Toyota to build $1.29 billion factory, employment for over 1750 people

Toyota plans to build a $1.29 billion battery manufacturing factory in the US to make batteries aimed at supporting gas-electric hybrid and fully electric vehicles. Although the plant's location is not confirmed, it is said to employ over 1750 people in order to start manufacturing batteries by 2025 with plans to expand by 2031. 


This plant is a confirmed part of Toyota's $3.4 billion US expansion project to make automatic batteries over the next decade. This announcement comes at a time when multiple people are choosing to transition to electric-powered vehicles from combustible engines. This comes along with a wave of similar announcements. Stellantis and LG Energy Solutions said that they too plan to build a battery manufacturing company to get 40% of their US sales from electric vehicles. Foxconn Technologies also announced on Monday that they plan to manufacture electric cars and buses for the Chinese, North American, and European markets. Ford Motor Co. plans on converting a transmission factory in Northwest England into an electric unit manufacturing plant. Although the location is not confirmed for many of these factories, General Motors plans to build the factory in Ohio and Tennessee while Ford plans of setting shop in Tennessee and Kentucky. All these news plants mean that there is that many opening for employment in these units. 


Source: The Atlanta Journal-Constitution 

You might also like

For several reasons, the IT sector is appealing to job seekers. ...Read more

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Articles

Online interviews have been rising in popularity for quite some time now. It has increased by 49% s ...Read more

Robert Owen, a Welsh textile mill owner, social reformer, and labor activist came up with a slogan ...Read more

The past two years have been a roller coaster ride, we’ve all acclimatized ourselves with the work ...Read more

The job market in the US is slowly gaining traction after the long period of gloom that took the un ...Read more