HUNTSVILLE, Ala.—Mazda Toyota Manufacturing (MTM), the new joint-venture between Mazda Motor Corporation and Toyota Motor Corporation, recently 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, the companies said in a joint release.
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 accommodates production line enhancements made to improve manufacturing processes supporting the Mazda vehicle, as well as design changes to the yet-to-be announced Toyota SUV, both of which will both be produced at the plant, the release said.
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. Mazda Toyota Manufacturing 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, the release said.
“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,” said Alabama Governor Kay Ivey, in the release. “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,” said Mark Brazeal, vice president of administration at MTM, in the release. “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. 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,” said City of Huntsville Mayor Tommy Battle, in the release. “We look forward to the day when the first vehicles roll off the line.”
“We are excited to learn of this additional investment being made by Mazda Toyota Manufacturing,” said Limestone County Commission Chairman Collin Daly, in the release. “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.”