Racerchaser
01-18-2007, 11:57 AM
FROM JAYSKI.com
Toyota Racing Development (TRD) said Wednesday it would build a plant in Rowan County. The company announced the decision a day after Rowan commissioners voted to put up $519,000 over five years to lure the plant. The company has an option to buy 89 acres near Salisbury to build a racing production plant. Toyota Racing has said the $22 million plant would hire at least 40 employees. If state officials approve incentives worth $100,000, the plant could open by the fall. The company chose the Rowan location as its preferred site over locations in Cabarrus, Mecklenburg and Iredell counties and three other states, Rowan economic development officials said.(Charlotte Observer (http://www.charlotte.com/mld/charlotte/business/16481544.htm))(1-17-2007)
Toyota Racing Development (TRD) said Wednesday it would build a plant in Rowan County. The company announced the decision a day after Rowan commissioners voted to put up $519,000 over five years to lure the plant. The company has an option to buy 89 acres near Salisbury to build a racing production plant. Toyota Racing has said the $22 million plant would hire at least 40 employees. If state officials approve incentives worth $100,000, the plant could open by the fall. The company chose the Rowan location as its preferred site over locations in Cabarrus, Mecklenburg and Iredell counties and three other states, Rowan economic development officials said.(Charlotte Observer (http://www.charlotte.com/mld/charlotte/business/16481544.htm))(1-17-2007)