Sat, 29 Aug 2009

Toyota pulls plug on US factory

Well, not really. It seems as though most of these jobs will just be moving south and east a bit:

Leaders from San Antonio and the state had been working to lure Tacoma production to the San Antonio Toyota plant through an incentives package laced with tax abatements and economic development funds.

Is this what we've come to? A state versus state bidding war using taxpayer monies to enrich corporations? Political pull as the main determining factor in facilities placement? Where's Wesley Mouch when you need him?

Toyota pulls out of a production plant in the US it jointly owns with General Motors, the first time it has abandoned a factory.

(link) [BBC News]

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