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Tag Archives: automotive industry

Cannon Motors opens another dealership; 10th in Mississippi

GREENWOOD — Cannon Motors of Mississippi has opened Cannon Chrysler Dodge Jeep Ram in Greenwood, representing its 10th dealership in Mississippi and third in Greenwood. “We opened the Cannon Chevrolet Cadillac and Cannon Nissan dealerships on Highway 82 West in Greenwood 10 years ago,” said Michael Joe Cannon, CEO of Cannon Motors of Mississippi. “It is exciting to add another ...

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Study says Nissan subsidies total $1.33B; MDA says overestimated

CANTON — A study paid for by the United Auto Workers finds state and local governments may provide Nissan Motor Co.’s Mississippi plant with nearly $850 million in tax breaks over 30 years, plus $400 million in cash aid. The report estimates Mississippi will pay $90 million in interest on money borrowed to aid Nissan, bringing total subsidies to $1.33 ...

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Exec: Toyota will add jobs, build more cars in North America

TRAVERSE CITY, Mich. — Toyota’s top U.S. sales executive predicts that his company will add jobs and build more models in North America as a hedge against a strong yen. Jim Lentz, president and CEO of Toyota Motor Sales U.S.A., said Toyota already makes around 70 percent of the models sold in North America in the region. He sees that ...

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MEDC honors communities for economic, community development

AROUND MISSISSIPPI — Five Mississippi communities were honored at the Mississippi Economic Development Council (MEDC) Winter Conference for their efforts to advance their economic viability through economic and community development programs during the past year. They competed with others in their population categories. The winners are: • Category I – population less than 5,000: City of Ellisville for The Landing ...

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Indiana company purchases Pontotoc Spring; terms not disclosed

PONTOTOC — Pontotoc Spring, which makes coiled springs for the automotive aftermarket, as well as metal stampings for automotive, industrial and commercial applications, has been acquired by an Indiana company. Terms of the deal were not disclosed. MW Industries of Logansport, Ind., made the announcement. Pontotoc Spring employs 90 workers. Pontotoc Spring general manager Allen Roye says the acquisition would ...

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Toyota plant in Blue Springs finally making Corollas after starts, stops and changes

BLUE SPRINGS — A year ago, Tereda Hairston was a third grade reading teacher in Starkville. Today, the 32-year-old is a quality check specialist at the Toyota plant in Blue Springs, having started there in July. “I absolutely love it,” Hairston said. “I applied here because I knew what Toyota was about. It’s stable. It’s not going anywhere. This plant ...

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MacLellan to provide services to Toyota plant

BLUE SPRINGS — MacLellan Integrated Services, co-headquartered in Lexington, Ky., and Chennai, India, has been recently selected by Toyota Motor Manufacturing Mississippi (TMMMS) as its provider of critical process cleaning services. In addition to process cleaning, MacLellan will also provide select maintenance services as well. The Blue Springs plant is Toyota’s 10th U.S. manufacturing facility and will produce the Toyota ...

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