I this encouraging?... Billions invested by Toyota in North Carolina

[Maxmars]

Toyota opens massive North Carolina battery plant, confirms $10B US investment
Subtitled: Battery plant located in North Carolina expected to create over 5,000 new jobs

That is a lot of jobs,and a real economic potential exists there to help the local economy, and region generally.

But deals like this often come with unseen line items...

Here's the "press release" content:

Toyota announced Wednesday it has officially begun production at its new $13.9 billion battery manufacturing plant in North Carolina, while committing an additional $10 billion to bolster its U.S. manufacturing over the next five years.

The 1,850-acre facility in Liberty, North Carolina, marks the automaker's first battery plant outside Japan and is expected to create up to 5,100 new American jobs, Toyota said.

"Today’s launch of Toyota’s first U.S. battery plant and additional U.S. investment up to $10 billion marks a pivotal moment in our company’s history," said Ted Ogawa, CEO of Toyota Motor North America. "Toyota is a pioneer in electrified vehicles, and the company’s significant manufacturing investment in the U.S. and North Carolina further solidifies our commitment to team members, customers, dealers, communities, and suppliers."

I wonder about tax burdens, energy use and impact, resource management, and other niceties...

I also wonder if this isn't the best way for Toyota to make bank avoiding tariffs.

[Tecate]

IDK about there, but I would guess that of the 5000 ish jobs, a lot of them will be during the construction phase.
After, will be at least 20% of that.

Still a plus though.


Tecate

[David64]

I also wonder if this isn't the best way for Toyota to make bank avoiding tariffs.

They already do. The largest Toyota plant in the world is right here in Kentucky.
 

Toyota Motor Manufacturing Kentucky is Toyota’s largest vehicle manufacturing plant in the world, capable of producing 550,000 vehicles and more than 600,000 engines annually.