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Manufacturing

Mazda Toyota Manufacturing to boost Alabama investment by $830 million

HUNTSVILLE, Alabama – Mazda Toyota Manufacturing (MTM), the joint venture between automakers Mazda Motor Corp. and Toyota Motor Corp., plans to make an additional $830 million investment in Alabama to incorporate new cutting-edge manufacturing technologies to its production lines and provide enhanced training to its workforce of up to 4,000 employees.

“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,” 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.”

The additional investment brings the total figure in the state-of-the-art facility in Huntsville to $2.311 billion, up from the $1.6 billion originally announced in 2018.

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