Toyota Has Plenty Of Friends In Mississippi But Few Elsewhere

Toyota Motor Corp. TM, whose already bruised reputation suffered another blow yesterday following yet another media report about a government safety investigation, does have plenty of friends in Mississippi. That’s where the Japanese automaker plans to open its Blue Springs plant which will assemble Corollas. With an unemployment rate at more than 11 percent, the state needs the jobs. This is such a big deal that Gov. Haley Barbour joined Toyota officials Monday in announcing that the automaker was beginning to take applications for jobs at the plant. People certainly want to work for Toyota, as the state’s Clarion Ledger newspaper notes. To read the rest, head over to 247WallSt.com