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Kentucky to pursue new $1.6 billion Toyota-Mazda plant

Kentucky will pursue a new $1.6 billion Toyota-Mazda plant, according to Gov. Matt Bevin who told WDRB he intends to beat other states that want the plant.

Bevin said the state is the ideal central location and provides access to existing Toyota suppliers because of the huge Georgetown Toyota plant, where the Camry model is built, WDRB reported. Bevin spoke at the Kentucky Automotive Industry Association’s annual conference in Lexington.

Bevin touted a “personal relationship” with Toyota Motor Corp. president Akio Toyoda that could aid the state’s bid for the plant, which would employ about 4,000 people.

“It doesn’t bother me to tell people who are going full at it, because I suspect other credible players will be going full at it. And I intend to beat them,” Bevin told WDRB.

WDRB reported that one possible site is off Interstate 65 near Elizabethtown.

The planned plant would produce Toyota Corollas and Mazda crossovers. Mississippi has a Corolla plant and is considered a front-runner for the plant, Bloomberg reported. It’s also possible that the company could build in a state without a Toyota presence.

READ MORE ON THIS STORY AT KENTUCKY.COM

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