September 19, 2002
Posted at: 2:45 p.m. CDT
LITTLE ROCK, Ark. -- A Kentucky community that became home to a Toyota auto plant 16 years ago has seen broad economic benefits from the factory.
East Arkansas officials can look to a study of that plant to help plan for the possibility of a similar facility opening shop in Crittenden County. A site near West Memphis is one four locations in the South being considered by Japan's largest automaker.
In 1986, Toyota started work on its plant in Georgetown, Ky., and a 1999 study by the University of Kentucky's Centerfor Business and Economic Research shows how far the economic impact reaches. Numerous business were started in the area; some as suppliers to the plant, and others drawing on the resulting uptick in the economy.
The state gave the plant $147