Toyota to delay plant opening
Toyota Motor Corp. has decided to delay the launch of its SUV plant in Mississippi.
A Reuters story reported Toyota Motor Corp. has decided to delay the launch of its SUV plant in Mississippi by about half a year and ramp up production more slowly than it had planned.
Toyota reported that the plant near Tupelo, Miss., will begin production of the Highland car-SUV crossover in May 2010, about half a year "stretch goal" of late 2009.
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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