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giftedviz.com December 19, 2018


Toyota and Mazda Will Build $1.6B Assembly Plant in Huntsville, Alabama

11 January 2018, 06:12 | Austin Hogan

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Reports Toyota Mazda plant to be built in Alabama

Toyota now operates 10 plants in eight states including West Virginia, Kentucky, Indiana, Alabama, Mississippi and Texas. The new Huntsville plant will be just 14 miles (22 kilometres ) from Toyota Motor Manufacturing of Alabama, which produces four-cylinder, V-6 and V-8 engines for several Toyota models. We are proud that this partnership puts Alabama on the forefront of technology in this dynamic global industry.

"The partnership between Toyota and Mazda will expand innovative automotive manufacturing in Alabama", Governor Ivey said.

Some reports say Toyota and Mazda were asking for an incentive package worth over a billion dollars.

A year ago, President-elect Trump criticized Toyota and threatened hefty tariffs against the Japanese automaker if it built its Corolla sedan for the US market in Mexico.

The person didn't want to be identified because the decision hasn't been made public.

"We hope to work, learn and grow together with the people of Alabama and Huntsville", said CEO of Mazda Motor Masamichi Kogai.

Following Pres. Donald Trump's tariff-tough talk in 2016, Toyota was grilled by the then-President-Elect via Twitter about moving manufacturing jobs outside the USA, threatening crippling tariffs on automakers that didn't build new facilities in the states.

"It is a great honour to announce that Toyota and Mazda will be building a new vehicle plant here". Alabama Gov. Kay Ivey and company executives held a joint news conference to announce that the facility is coming to the Huntsville area not far from the Tennessee line.

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Huntsville Mayor Tommy Battle hailed the Toyota-Mazda decision as a milestone development for the North Alabama city.

Huntsville marks the 11th USA factory for Toyota, and the first for Mazda since it pulled out of a joint-venture plant still operated by Ford Motor Company in Flat Rock, Michigan.

With this announcement, our world changes overnight.

Alabama was already tied with Tennessee as the fifth-largest producer of vehicles in the country previous year, according to the Center for Automotive Research, an industry think-tank in Ann Arbor, Michigan.

It's now official - Huntsville, Ala. has been selected by Toyota Motor Corporation and Mazda Motor Corporation as the site of their new $1.6 billion joint-venture auto manufacturing plant.

Alabama is the fifth largest producer of cars and light trucks nationally and stands at the center of the growing Southeastern automotive region with a strong automotive presence including Toyota's engine plant in Huntsville.

Dziczek said that Alabama in 2017 was tied for fifth among USA states in auto production, at 9 percent with Tennessee.

"We expect the new facility in Huntsville to act as a magnet for substantial new industry investment and job-creation that lifts communities and families across the state", he added.



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