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Toyota to postpone vehicle production at Mississippi plant

by Jeremy Korzeniewski (RSS feed) on Dec 15th, 2008 at 5:01PM

In a move that's quickly becoming a distinct sign of the times, Toyota has officially announced that it will delay the launch of U.S.-built Toyota Prius at its upcoming Mississippi plant. The plant near Tupelo, which has so far cost the Japanese automaker about $300 million, is about 90% complete but has yet to be fully staffed in preparation of Job One, so it makes sense to suspend its start date instead of shuttering an already operating assembly line elsewhere. Workers already hired to fill various positions will not be let go. The decision was reportedly made just last night, though... Read More

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