Toyota via CNN Toyota and Mazda plan to build a $1.6 billion auto assembly plant in Huntsville Alabama that will employ 4,000 workers
12 January, 2018, 15:30
Neither automaker has made anything official, but it's expected to build Corollas specifically for the United States as well as an upcoming Mazda crossover, also for the US.
Several states had competed for the coveted project, which will be able to turn out 300,000 vehicles per year and will produce the Toyota Corolla compact auto for North America and a new small SUV from Mazda.
"Toyota Motor said will build a new plant in Baja, Mexico, to build Corolla cars for U.S".
The three states will be making their best efforts to market their plans to Toyota, Mazda and potential and current suppliers, as reported by the Daily Journal's Dennis Seid.
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The automaker is improving its commitment to the U.S. market and will focus efforts on manufacturing and increasing sales in the country. "By making this plant a vibrant part of that community, we hope to work, learn and grow together with the people of Alabama and Huntsville".
"This was yet another outstanding year for Alabama's automotive industry, which continued to build great cars and engines for a worldwide market", said Steve Sewell, executive vice president of the Economic Development Partnership of Alabama.
US sales of small cars fell almost 10 percent a year ago as buyers continued a massive shift toward SUVs and pickup trucks. The factory is expected to create 4,000 new jobs, which President Donald Trump praised during his November trip to Tokyo. Toyota and Mazda, thank you so much. Other foreign automakers have built plants across the South as well. Overall it has 36,000 US employees, not including those at dealerships. The Huntsville area has 50,000 auto-related jobs, Carter said, calling the new plant an "additive to an already-robust manufacturing sector in northern Alabama". In addition to the existing Toyota engine plant, the state is also home to plants for Hyundai, Honda and Mercedes-Benz.
Alabama is the fifth largest state in terms of auto production, with more than 1 million cars built there annually. It also has a relatively low unemployment rate of only 3.5 percent, the lowest rate in the state's history.
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