Production ready to begin at new Toyota plant in Mississippi
With 1,500 new jobs expected, Blue Springs facility delivers hope to a region
The opening of Toyota’s new Blue Springs, Miss. plant this week will bring at least 1,500 direct jobs to the region and hundreds of Tier 1 and Tier II supplier jobs along with it. It also is bringing hope to a region which has actively courted at auto manufacturer.
The Blue Springs plant is the latest in a series of Mid-South manufacturing facilities which have attracted foreign-owned automakers to a region where incentives, skilled workers and logistical advantages have become appealing. Toyota’s new plant follows Volkswagen’s opening in Chattanooga, Tenn. this summer, and joins the ranks of auto plant openings in Mississippi, Alabama, Georgia and South Carolina in recent years.
The economic impact on the region is expected to be worth the enticement to Toyota. Mississippi Gov. Haley Barbour signed a $324 million incentive package to help convince Toyota to locate its plant in Blue Springs.
For others, the economic impact is more personal. “"It changed my whole life around. I was struggling before I got this job. It made a difference for me, my family, my kids and even my church. I can pay tithing now," Cassius Perry, 22, told Delaware Online, which reported the story about Blue Springs.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey