New Toyota-Mazda Plant. Why not Florida?

Started by Sonic101, October 16, 2017, 10:12:46 AM

Sonic101

Toyota and Mazda are in talks with many states to build a new plant as a joint venture between the two companies. Florida does appear to be one of them. Trouble is that they're reportedly looking for $1 billion in incentives. Does Florida have a shot at landing this then? Toyota has a significant presence at JAXPORT, which could sweeten the deal; But Florida never seems to even make the short list when it comes to landing these auto plants in the south, so what gives?

https://www.bizjournals.com/orlando/news/2017/08/11/toyota-mazda-production-facility-may-zoom-into.html

QuoteThe two companies are looking at 11 states, including Florida, for a new Toyota-Mazda assembly plant that would produce 300,000 units by 2021 for the North American market. At the new plant, Mazda expects to produce cross-over models and Toyota will produce the Corolla.

https://www.bloomberg.com/news/articles/2017-10-13/toyota-mazda-are-said-to-seek-1-billion-package-for-u-s-plant

QuoteToyota Motor Corp. and Mazda Motor Corp. are pressing for an incentive package of at least $1 billion from U.S. states trying to land their $1.6 billion joint car factory, according to people familiar with the negotiations.

remc86007


thelakelander

If they're considering giving Amazon billions, then they should consider this opportunity as well.  Evidently, that's the going rate these days for the transformational economic projects.
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali

acme54321

Quote from: Sonic101 on October 16, 2017, 10:12:46 AMBut Florida never seems to even make the short list when it comes to landing these auto plants in the south, so what gives?

Cheap labor, cheap land, and other states are closer to the heartland so distribution costs less are my guesses.  As far as I know all of the plants in the south are mostly building "imports" for the domestic market.

thelakelander

#4
Jax made the short list for a plant years ago. However, these types of deals require a ton of incentive money. Historically, Florida hasn't been willing to pony up the type of cash places like Alabama and South Carolina have thrown in the pot for auto plants. This is probably the main reason I doubt any of our cities end up on Amazon's short list.
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali

FlaBoy

Quote from: thelakelander on October 16, 2017, 12:07:47 PM
Jax made the short list for a plant years ago. However, these types of deals require a ton of incentive money. Historically, Florida hasn't been willing to pony up the type of cash places like Alabama and South Carolina have thrown in the pot for auto plants. This is probably the main reason I doubt any of our cities end up on Amazon's short list.

What about South Georgia? Kingsland? Georgia provide some incentives?

thelakelander

?? You mean Jax providing some incentives for a plant to be located in South Georgia?
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali

FlaBoy

Quote from: thelakelander on October 17, 2017, 12:07:13 AM
?? You mean Jax providing some incentives for a plant to be located in South Georgia?

I was just wondering if Brunswick/Kingsland had a chance at such things. Still a lot of jobs some on the Northside of town would be willing to drive to if 30-45 minutes away.