Is the Deep South the ``Detroit'' of the Auto Making Industry for the 21st Century?

HOUSTON--Jan. 30, 2002--The following is an advisory by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas) Is the dominance of Detroit, MI and the Midwest in the auto making industry nearing an end? At least a half dozen major auto manufacturers are either looking at, or have already built, auto-manufacturing facilities in states such as Mississippi, Alabama, and South Carolina. Along with the new auto-manufacturing facilities come the inevitable Tier-1 and Tier-2 support plants that provide the parts and supplies necessary to manufacture automobiles. The southern states are pulling out all the stops, through economic benefits packages, to attract the automobile manufacturers and their support structure to these non-traditional states in an effort to boost local economies. At stake are billions of dollars and thousands of jobs in the lucky state or states that can attract the lucrative auto making businesses.

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