( autoinsidernews ) - Toyota today announced it would invest $1.3 billion to build its eighth North American assembly plant - and fifth in the U.S. - in northeastern Mississippi. The new plant will be built in Blue Springs, Miss., just outside of Tupelo.
Toyota's new assembly plant is scheduled to begin production in 2010, and will build the Toyota Highlander crossover. The plant will have an annual capacity of 150,000 vehicles. It will employ approximately 2,000 workers at full production, and indirectly create work for many more.
The 1,700-acre site in Mississippi was chosen over sites in Arkansas and Tennessee. Mississippi is the seventh state where Toyota has a vehicle or engine factory. The new Toyota plant is the second big auto plant in the state, and follows Nissan's Canton assembly plant, which opened in 2003.