Tupelo, Mississippi— Toyota has chosen a 1,700-acre site in Blue Springs, Mississippi, to build its eighth North American vehicle assembly plant. The new plant, to be located just outside of Tupelo, will have the capacity to build 150,000 vehicles annually of Toyota's popular Highlander sport utility vehicle. Production is scheduled to begin by 2010.

The new plant represents a $1.3-billion investment by Toyota and is expected to create approximately 2,000 new jobs for the region and indirectly create work for many more. Operations at the plant will include stamping, body weld, plastics, paint, and assembly.

Governor Barbour, speaking at a news conference held in Tupelo, welcomed Toyota's decision to set up operations in Mississippi.

Site preparation and construction for the plant is scheduled to begin later this spring.