HUNTSVILLE, Ala., Aug. 13, 2020 /PRNewswire/ -- Today, Mazda Toyota
Manufacturing, (MTM), the new joint-venture between Mazda Motor
Corporation and Toyota Motor Corporation, announced an additional
$830 million investment to
incorporate more cutting-edge manufacturing technologies to its
production lines and provide enhanced training to its workforce of
up to 4,000 employees.
![Mazda Toyota Manufacturing (MTM), a jointly owned-and-operated automotive production plant. Mazda Toyota Manufacturing (MTM), a jointly owned-and-operated automotive production plant.](https://mma.prnewswire.com/media/1227853/MTM_Aerial_August_2020.jpg)
Total funding contributed to the development of the
state-of-the-art facility is now $2.311
billion, up from the $1.6
billion originally announced in 2018. The investment
reaffirms Mazda and Toyota's commitment to produce the
highest-quality products at the facility. It also accommodates
production line enhancements made to improve manufacturing
processes supporting the Mazda vehicle and design changes to the
yet to be announced Toyota SUV that will both be produced at the
plant. The new facility will have the capacity to produce up to
150,000 units of a future Mazda crossover vehicle and up to 150,000
units of the Toyota SUV each year. MTM continues to target up to
4,000 new jobs and has hired approximately 600 employees to date,
with plans to resume accepting applications for production
positions later in 2020.
"Toyota's presence in Alabama
continues to build excitement about future opportunities that lie
ahead, both for our economy and for the residents of our great
state," Alabama Governor
Kay Ivey said. "Mazda and Toyota's
increased commitment to the development of this manufacturing plant
reiterates their belief in the future of manufacturing in America
and the potential for the state of Alabama to be an economic leader in the wake
of unprecedented economic change."
"Mazda Toyota Manufacturing is proud to call Alabama home. Through strong support from our
state and local partners, we have been able to further incorporate
cutting-edge manufacturing technologies, provide world-class
training for team members and develop the highest quality
production processes," Mark Brazeal,
VP of Administration at MTM said. "As we prepare for the start of
production next year, we look forward to developing our future
workforce and serving as a hometown company for many years to
come."
"This newest investment by our partners at Mazda Toyota
Manufacturing shows the company's continued confidence in the
ability of our community to provide a strong, skilled workforce to
meet the demands for quality and reliability. We look forward to
the day when the first vehicles roll off the line," said
City of Huntsville Mayor
Tommy Battle.
"We are excited to learn of this additional investment being
made by Mazda Toyota Manufacturing," said Limestone County Commission Chairman
Collin Daly. "We continue to be
grateful to MTM for their belief in our county and look forward to
our partnership with them for many years to come."
Full-scale construction of the plant continues, with 75-100
percent completion on roofing, siding, floor slabs, ductwork, fire
protection and electrical.
About Toyota
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 38 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 2.8 million
cars and trucks (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
ToyotaNewsroom.com.
About Mazda Toyota Manufacturing
Mazda Toyota Manufacturing is a jointly owned-and-operated
automotive production plant. The $2.3
billion facility is expected to create up to 4,000 jobs and
will have the capacity to assemble up to 300,000 vehicles a year,
beginning in 2021.
About Mazda
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 approximately 620
dealers. Operations in Mexico are
managed by Mazda Motor de Mexico
in Mexico City. For more
information on Mazda vehicles, including photography and B-roll,
please visit the online Mazda media center at
InsideMazda.MazdaUSA.com/Newsroom.
Media Contacts
Kim Ogle
256-714-3633
kim.ogle@toyota.com
Toni Eberhart
256-316-0403
toni.eberhart@mazdatoyota.com
Nao Nohmi
949-727-6904
nnohmi@mazdausa.com
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SOURCE Toyota Motor North America