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Toyota and Mazda to build $1.6 billion factory in the U.S.

Toyota's space-age concept car for 2030
Toyota’s space-age concept car for 2030

Toyota and Mazda have announced plans to build a $ 1.6 billion manufacturing plant in the United States that will create as many as 4,000 jobs.

The Japanese automakers said in a statement Friday that the facility would be operational by 2021, but did not specify where it would be built.

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