Photo by David Bohrer / National Assoc. of Manufacturers
In a highly anticipated announcement, auto manufacturers Toyota and Mazda announced this week that they have selected Huntsville, Alabama, for construction of a new $1.6 billion production facility that will create up to 4,000 new jobs.
The plant, which will be split equally between the two companies and will begin operations in 2021, will produce Toyota Corollas for the North America market as well as a new small SUV from Mazda:
The plant is to be able to build 300,000 vehicles per year and will produce the Toyota Corolla compact car for North America and a new small SUV from Mazda, the companies have said. Toyota and Mazda are forming a capital alliance and splitting the cost for the plant equally.
The new facility is a part of Toyota’s $10 billion investment in the United States the company announced in January 2017. The Hunstville plant will be the company’s 11th manufacturing facility in the United States.
“With this announcement, our world changes overnight,” said Tommy Battle, mayor of Huntsville, in a press release issued Wednesday. “Mazda and Toyota, two of the world’s most innovative automakers, have created a legacy project that will provide jobs for decades to come for Huntsville and Alabama. It vaults Alabama to the top as an industry leader in producing the next generation of cars that will power our nation.”
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