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Nummi facility in Fremont, Calif.  (Source: The Auto Channel)
The last auto manufacturing plant on the west coast will close, Toyota confirms

The last remaining auto-making facility on the west coast will close in March now that Toyota confirmed rumors the plant will close at some point next year.

Toyota's board voted to halt production at the Nummi plant in Fremont, California, a facility built in 1984 that Toyota shared with General Motors.  GM ended the partnership several months ago, which immediately started rumors of a possible plant closure sometime in 2010.

The Nummi plant produces the Toyota Corolla, Matrix, and Tacoma along with the Pontiac Vibe (which is being killed along with the Pontiac brand).

United Auto Workers union members have entered negotiations with New United Motor Manufacturing officials, attempting to see if there is any way Toyota will keep the factory open longer.  The Nummi facility served as Toyota's first  manufacturing foray in the United States, with Nummi employees saying it was them who helped shape Toyota's success.

Toyota, which hasn't had to close a plant outside Japan, was rumored to announce the plant's closure last spring.  Nummi currently employs 4,600 employees, and if Toyota halts production, then the plant's closure will put all of those employees out of work.  Furthermore, supports indicate the ripple effect from Nummi's closure could impact up to 50,000 people.

Toyota is expected to reduce worldwide capacity from 1 million vehicles down to 700,000, with the Nummi closure expected to help Toyota reach that goal.

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RE: another example
By Smilin on 8/28/2009 12:49:28 PM , Rating: 2
No problem with the concept but any implementation I've seen proposed has been riddled with obvious imbalances and loopholes. If you can find a way to pull it off without the rich skipping taxes then we'll talk.

The tax code we have now didn't start out this complicated. It got that way as a result of clever people finding loopholes. If you change tax code now you must be careful not to introduce new ones or you risk punching a gaping hole in your govt budget until it can be corrected.

RE: another example
By FITCamaro on 8/31/2009 9:19:56 AM , Rating: 2
Other than buying goods with cash and not paying sales tax(which is illegal), I don't see how you get around it.

RE: another example
By CommodoreVic20 on 9/1/2009 8:50:33 AM , Rating: 2
NEWS FLASH, the wealthy are still using the gaping holes you mention!

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