Expansion milestones achieved in June;
Investment part of company’s $13 billion commitment through 2021
HUNTSVILLE, Ala., (July 8, 2020) – Toyota Alabama achieved two significant milestones this month as part of its $288 million expansion, originally announced in March 2019. Upon completion in 2021, the plant will add 450 new jobs and represent a $1.2 billion investment that solidifies the Huntsville facility as the automaker’s largest engine producer in North America.
Milestones include the start of production for the all-new, redesigned 4-cylinder engine, and the closing in of the plant’s new 150,000 square foot V6 engine assembly line.
“These milestones represent significant achievements and further demonstrate Toyota’s long-term commitment to build where we sell,” said Dave Finch, Toyota Alabama president. “By boosting production capacity and flexibility, our dedicated work force can better serve customers and position our operations for stability and future success.”
Toyota Alabama supplies engines for one-third of all Toyota vehicles assembled in the U.S. The latest expansion is the plant’s fifth since it began engine production in 2003; annual engine capacity will increase 34 percent to 900,000 and total employment will top 1,800.
This investment is part of a broader commitment from Toyota to invest $13 billion in its U.S. operations over a five-year period through 2021. To date, Toyota has committed nearly $9 billion of the announced total; cumulative direct investment in the U.S. exceeds $28.4 billion.
Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. and North America for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands. During that time, Toyota has created a tremendous value chain as our teams have contributed to world-class design, engineering, and assembly of more than 40 million cars and trucks in North America, where we have 14 manufacturing plants, 15 including our joint venture in Alabama (10 in the U.S.), and directly employ more than 47,000 people (over 36,000 in the U.S.). Our 1,800 North American dealerships (nearly 1,500 in the U.S.) sold nearly 2.8 million cars and trucks (nearly 2.4 million in the U.S.) in 2019.
Through the Start Your Impossible campaign, Toyota highlights the way it partners with community, civic, academic and governmental organizations to address our society’s most pressing mobility challenges. We believe that when people are free to move, anything is possible. For more information about Toyota, visit www.toyotanewsroom.com.