The Nikkei, the Japanese version of the Wall Street Journal, is reporting that Toyota plans to resume construction of the plant in Blue Springs, with the hopes of opening it in the spring of 2011. The plant will initially produce the compact Corolla cars, and start producing the hybrid Prius later.
Details are here. Magnolia Marketplace is burning up the phone lines, and we’ll have a story on the site soon.
UPDATED AT 1:35 P.M.: Toyota is now denying the Nikkei report. Spokeswoman Barbara McDaniel tells the Northeast Mississippi Daily Journal that “nothing is decided” but that the company remains committed to opening the Blue Springs facility.
So, after several minutes of burning up the phone lines and getting excited for the folks in North Mississippi, turns out it was a false alarm. For now.