Toyota Motor to build a parts factory in Mississippi

Japanese automaker Toyota has announced plans to establish a parts factory in the southern US state of Mississippi.

The company is going to invest around 200 million-dollar on this upcoming plant in the USA.

Toyota said in a statement that Toyota Auto Body will establish Auto Parts Manufacturing Mississippi Inc. in August.

They plan to hire 260 people for this plant which is expected to start production by 2010.

This new plant will operate near a Toyota assembly plant which is already under construction in the village of Blue Springs.

This plant would be their eight production plant in the US market which is one of the most important markets for the Japanese auto maker.

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