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Monday, January 9, 2017

It Doesn't Quit -- Now It's Japan -- Toyota -- January 9, 2017

Make America Great Again.

Not even in office yet.

Sucking all the oxygen out of the room.

Reuters is reporting that Toyota plans to invest $10 billion in the US over five years. Data points:
  • will match the automaker's investments over the prior five years
  • Toyota under fire for shifting production of its Corolla to Mexico from Canada
  • Toyota says this is not in response to Trump tweets; it was already part of their strategic plan
  • Toyota has 10 plants in 8 states
  • North American headquarters in Plano, TX (north of DFW)
  • the $10 billion includes Toyota's new HQ in Plano, TX
  • did not say if investment would result in any additional jobs
Knee-jerks:
  • shot across the bow
  • Mexico in deep doo-doo if it ends up at the back of the Trump receiving line 
If that doesn't excite  you, maybe this will. It's a two-fer: Apple seeks to expand manufacturing in Arizona. Data points:
  • amid pressure, Apple looking to expand stateside
  • seeks to expand in its facility in Mesa, AZ
  • not much else was said
Two-fer: a) expanding in the US; b) expanding outside California
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