Japan's Nikkei news organization first reported Friday that Toyota is planning to take a 5% stake in Mazda to develop clean-energy and self-driving vehicle technologies. The two groups confirmed the purchase, and said they would combine to invest in a U.S. plant under a cooperation agreement the two groups first revealed in May 2015.
Toyota & Mazda to build a new $1.6B plant here in the U.S.A. and create 4K new American jobs. A great investment in American manufacturing!— Donald J. Trump (@realDonaldTrump) August 4, 2017
The $1.6 billion facility, when completed in 2021, will employ around 4,000 people and be capable of producing as many as 300,000 cars a year, the companies said. Toyota has not yet released the size of the building, but this plant will produce fewer cars than a facility it owns in Kentucky, which puts Toyota on the following list of companies and organizations with the largest facilities in the United States.
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This 8.1 million-square-foot facility in Georgetown, Kentucky, is one of Toyota's largest in the world. It can produce 550,000 vehicles per year and has made more than 10 million cars since 1988. It employes around 8,000 people, and builds the Toyota Camry and Avalon as well as the Lexus ES sedan. The property has a zero landfill policy, so all of the waste is reused or recycled, and it also has a large vegetable garden that grows produce for local charities.
Tesla Inc.'s (TSLA - Get Report) nearly 5.5-million-square-foot production facility in Fremont, California, was already one of the largest plants in the world, but its Gigafactory that opened outside of Sparks, Nevada, in January will beat even that. When it started production, the Gigafactory was 5.5-million square feet, but by 2018 at full capacity, the factory will reach 13 million square feet and produce more lithium ion batteries a year than were made worldwide in 2013. The goal is operate the factory with renewable resources for a net zero energy outcome.
The Belvidere Assembly Plant in Illinois is a Fiat Chrysler Au Rg (FCAU - Get Report) factory with nearly 5 million square feet of space on 280 acres. The plant assembles the Jeep Compass, the Jeep Patriot and the Dodge Dart. In the past, the facility built the Dodge Caliber, Chrysler Imperial, Dodge Dynasty, Chrysler New Yorker and the Plymouth Neon.
For Motor Co.'s (F - Get Report) assembly plant in Claycomo, Missouri, is more than 4.7 million square feet. The facility sits on more than 1,200 acres of land and employs more than 7,000 people. Built in 1950, the plant now churns out the F-150 truck and Ford Transit cargo van.
Airplanes need space, especially to be built. Boeing Co.'s (BA - Get Report) 4.2-million-square-foot manufacturing in Everett, Washington is the world's largest building by volume. It spreads nearly 100 acres and produces its 747, 767, 777 and 787 models. The facility, built in 1966, holds a museum, theater, 19 restaurants and stores as well as 2.33 miles of pedestrian tunnels underneath the factory floor. It has its own railway spur, offers one thousand bicycles for traveling around the building and holds the world's largest mural.
Michigan-based Rivian Automotive purchased the 2.4 million square-foot plant in Normal, Illinois, in January, after Mitsubishi Corp. (MMTOF) abandoned operations there in May 2016. Rivian is leasing the space to Vascor Logistics right now. Mitsubishi built the facility in 1988 in a joint partnership with Chrysler and became the sole operator in 1991. The facility sits on 500 acres of land and can produce more than 240,000 vehicles per year.
Deere & Co.'s (DE - Get Report) 2.3 million square-foot distribution center in Milan, Illinois, is one of the largest buildings in the world. It was built in 1973 and is the agricultural machinery maker's primary parts distributor for North America. Every day, the building completes 80,000 orders.
Target Corp.'s (TGT - Get Report) import warehouse in Lacey, Washington, is by far its largest facility, having a total floor area of 2 million square feet. The building houses products to be distributed to the retailer's internal distribution center.
Amazon.com Inc. (AMZN - Get Report) has several distribution centers that are larger than 1 million square feet. Its fulfillment center in Phoenix, Arizona, is one of the largest with 1.2 million square feet. That could hold 28 football fields.
The vehicle assembly building for the National Aeronautics and Space administration is located between Miami and Jacksonville in Florida. It is the largest single-story building in the world with a volume of 129 million cubic feet. It covers 8 acres and is 525 feet tall. Located the Kennedy Space Center, the building has served the Apollo and Space Shuttle programs.
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