HUNTSVILLE, Ala. and
HIROSHIMA, Japan and
TOYOTA-CITY, Japan, March 8, 2018 /PRNewswire/ -- Mazda Motor
Corporation and Toyota Motor Corporation have established their new
joint-venture company "Mazda Toyota Manufacturing, U.S.A., Inc." (MTMUS) that will produce
vehicles in Huntsville, Alabama
starting in 2021.
The new plant will have the capacity to produce 150,000 units of
Mazda's crossover model that will be newly introduced to the North
American market and 150,000 units of the Toyota Corolla. The
facility is expected to create up to 4,000 jobs. Toyota and Mazda
are investing $1.6 billion towards
this project with equal funding contributions.
"We hope to make MTMUS a plant that will hold a special place in
the heart of the local community for many, many years," said
Mazda's Executive Officer Masashi
Aihara, who will serve as President of MTMUS. "By combining
the best of our technologies and corporate cultures, Mazda and
Toyota will not only produce high-quality cars but also create a
plant employees will be proud to work at and contribute to the
further development of the local economy and the automotive
industry. We hope that cars made at the new plant will enrich the
lives of their owners and become much more than just a means of
transportation."
"The new plant, which will be Toyota's 11th
manufacturing facility in the U.S., not only represents our
continuous commitment in this country, but also is a key factor in
improving our competitiveness of manufacturing in the U.S.," said
Hironori Kagohashi, executive general manager of Toyota and MTMUS's
Executive Vice President. "We are committed to realizing a highly
competitive plant and producing vehicles with the best quality for
customers by combining Toyota and Mazda's manufacturing expertise
and leveraging the joint venture's synergies. Based on this
competitiveness, we will make every effort to becoming a
best-in-town plant that will be loved by our hometown," he
added.
In collaboration with the state of Alabama and the city of Huntsville, MTMUS will soon begin land
preparation for the new plant, and the full-scale construction of
the plant is expected to start in 2019.
Overview of Mazda Toyota Manufacturing, U.S.A., Inc.
Company
name
|
Mazda Toyota
Manufacturing, U.S.A., Inc. (MTMUS)
|
Location
|
Huntsville,
Alabama
|
Ratio of capital
contribution
|
Mazda Motor
Corporation: 50%, Toyota Motor Corporation: 50%
|
Date of
establishment
|
March 1st,
2018
|
President and
executive vice president
|
President: Masashi
Aihara (Executive Officer of Mazda Motor Corporation)
Executive Vice
President: Hironori Kagohashi (executive general manager of Toyota
Motor Corporation)
|
Production
capacity
|
300,000 units per
year (150,000 units each for Mazda and Toyota)
|
Production
model
|
Mazda: crossover
model that will be newly introduced to the North American
market Toyota:
Corolla
|
Start of
production
|
2021
|
Employment
|
Up to 4,000 team
members
|
About Mazda
Mazda Motor Corporation, based in
Hiroshima, Japan, was established
in 1920, and became a vehicle manufacturer in 1931, when it began
producing three-wheeled trucks. Mazda began selling vehicles in
North America 50 years ago, with
the establishment of affiliate companies in Canada (Mazda
Canada, Inc.) in 1968, in the
United States (Mazda Motor of America, d/b/a Mazda North
American Operations) in 1971 and in Mexico (Mazda Motor de Mexico) in 2004. Currently, Mazda does
business in more than 130 countries around the world, and produces
vehicles in Japan, Mexico, China
and Thailand. Building passenger
cars, commercial vehicles, and crossover SUVs, with an emphasis on
the driving experience and a focus on design, engineering and
efficient manufacturing, the company sells more than 1.55 million
vehicles annually.
Mazda Motor Corporation is responsible for Mazda's operations on
a global basis, including all aspects of manufacturing, research
and development, sales, marketing and all international operations.
Mazda North American Operations is headquartered in Irvine, California, and oversees the sales,
marketing, parts and customer service support of Mazda vehicles in
the United States and Mexico through nearly 600 dealers. Operations
in Mexico are managed by Mazda
Motor de Mexico in Mexico City. For more information on Mazda,
please visit the online Mazda media center at
InsideMazda.MazdaUSA.com/Newsroom.
About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S.
and North America for 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 36
million cars and trucks in North
America, where we operate 14 manufacturing plants (10 in the
U.S.) and directly employ more than 47,000 people (more than 37,000
in the U.S.). Our 1,800 North American dealerships (nearly
1,500 in the U.S.) sold more than 2.7 million cars and trucks (2.4
million in the U.S.) in 2017 – and about 87 percent of all Toyota
vehicles sold over the past 15 years are still on the road
today.
Toyota partners with community, civic, academic, and
governmental organizations to address our society's most pressing
mobility challenges. We share company resources and extensive
know-how to support non-profits to help expand their ability to
assist more people move more places. For more information about
Toyota, visit www.toyotanewsroom.com.
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SOURCE Mazda North American Operations