Saturday, August 5, 2017

More BS Megasite Pitches

I sometimes wonder if the backers of the Guilford Randolph Megasite are perhaps paying local media to make up good news about the hopes for the megasite? Take for example this Fox8 story Greensboro-Randolph Megasite ideal for Toyota, Mazda plant, experts say by Carly Hildyard:

"FOX8 talked to several leaders with the project, who said they did not want to comment on a possible connection between the car companies and the megasite.

The team behind the megasite wants to transform the 1,500-acre property into a fully-fledged automobile manufacturing plant.

After Mazda and Toyota made their announcement, people who support the Greensboro-Randolph Megasite, say it could be the perfect fit."

Well of course these so-called "experts" don't want to be identified. As far as we know, Carly Hildyard could be making the whole thing up just to drum up support. Especially when you take into accounts from national media sources like the New York Daily News who writes in their article, Daily Drive-Thru: Toyota, Mazda partner for EVs; Volvo shares its engines; Hyundai announces Elantra GT pricing and more:

"Toyota announced today that it will join forces with fellow Japanese automaker and sometimes rival, Mazda, to build a $1.6 billion assembly plant somewhere in the U.S. focused exclusively on building electric vehicles.

As part of this alliance, the larger Toyota will take a 5 percent share of Mazda. The location of this plant has not yet been announced, but my guess is it will be somewhere in the south, perhaps near Toyota’s Kentucky-based operation. Mazda doesn’t have a U.S. assembly hub yet. At its peak, the plant will be expected to produce 300,000 vehicles a year and employ 4,000 people.

The two companies hope to begin operations at their new facility in 2021."

Mind you there are no heavy producers of Lithium batteries, electric motors, or copper wire anywhere near the proposed Greensboro-Randolph Megasite.

And what kinds of cars is Toyota currently producing in that Kentucky plant? From Wikipedia:

"The city's growth began in the mid-1980s, when Toyota built Toyota Motor Manufacturing Kentucky, its first wholly owned United States plant, in the city. The plant, which currently builds the Camry, Camry Hybrid, Venza, Avalon, and Lexus ES automobiles."

I added the bold text to the Camry Hybrid because hybrids require Lithium batteries and electric motors. Obviously there are some nearby Georgetown, Kentucky. These are heavy items that cost a lot to ship. You know, just like the steel we don't have.

You see, Folks, it works like this: the megasite builders invest no money of their own. The entire project is paid for with State and local tax dollars. But the megasite builders profit from the building of the site even if no one ever comes to fill the empty spaces.