UPDATE 7-Toyota to build $1.3 bln plant in Mississippi

Newswire

(Updates with confirmation, comments from Mississippi officials, analyst; changes dateline, adds byline) By Kevin Krolicki DETROIT, Feb 27 (Reuters) - Toyota Motor Corp. said on Tuesday it would build a $1.3 billion assembly plant near Tupelo, Mississippi, the latest step by the fast-growing automaker to keep pace with American demand for its vehicles. Toyota said the new plant, which will employ 2,000 workers, would build its next-generation Highlander sport utility vehicle. The ...

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