In November 2018, Toyota and Mazda broke ground on a $1.6 billion plant to be operated jointly

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In November 2018, Toyota and Mazda broke ground on a $1.6 billion plant to be operated jointly in Alabama. Toyota and Mazda apparently felt that they would be better able to compete and create value with U.S.-based facilities. Other companies such as Fuji film and Swiss chemical company Lonza have reached similar conclusions and taken similar actions. What are some of the reasons that foreign manufacturers of products as diverse as automobiles, film, and chemicals might arrive at this same conclusion?

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Corporate Finance Core Principles And Applications

ISBN: 9781260571127

6th Edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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