In a move to reduce the impact of the yen's strength against the dollar, Toyota is planning to finish off its recently-built plant in Tupelo, Mississippi. The plant was started way back in 2006 but had been put on indefinite hold last December. At this time, only the building shell has been completed and there is no actual car-building equipment installed. According to the Nikkei newspaper in Japan (via Automotive News), production is slated to begin by March 31, 2011.
2010 Toyota Prius - Click above for high-res image gallery
Click above for more images of the 2010 Toyota Prius
Click above for a gallery of 2010 Prius images
As expected, Toyota officially announced its plans to build the Highlander in northeast Mississippi. The company will invest $1.8 billion in the project and initially employ 2,000 workers. Toyota officials, along with Mississippi Gov. Haley Barbour (speaking in photo), made the announcement this morning at a press conference in Tupelo, Miss.