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Thursday, November 21, 2024

Toyota to Invest $222 Million to Expand Engine Production in Alabama

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HUNTSVILLE, Alabama — Global automaker Toyota announced plans today to invest $222 million at its manufacturing facility in Huntsville to create a new production line for four-cylinder engines, including a hybrid electric version.

The project is part of a $383 million companywide plan that injects new investment into four U.S. manufacturing plants that support powertrain production for Toyota and Lexus vehicles. Plants in Kentucky, Missouri and Tennessee are included, with the Alabama plant receiving the largest investment.

Toyota said the investments advance its commitment to vehicle electrification and meeting customer demand.

“When it comes to vehicle powertrains, Toyota customers want options that are fuel-efficient and electrified,” said Norm Bafunno, senior vice president, Unit Manufacturing and Engineering, Toyota. “These investments allow us to meet customer needs and quickly respond to an evolving market.

Toyota is investing $222 million at its plant in Huntsville to create a new four-cylinder engine line, which can produce both combustion and hybrid electric powertrains. (Image: Toyota)

“We are committed to investing in the U.S., and our teams are ready to take on this new challenge.”

ELECTRIFYING GROWTH

“We have been with Toyota every step of the way since engine production began in 2003, and we’re looking forward to building an even more exciting future together. ”

With this investment, Toyota Alabama will create a new four-cylinder production line with the capacity to produce engines for both combustion and hybrid electric powertrains.

Additionally, the footprint of the 1.3 million-square-foot Huntsville facility will expand by 114,000 square feet, which marks the plant’s sixth building expansion and its eighth investment project since opening in 2003.

“Toyota has been a great partner for Alabama, and its expansion projects at the Huntsville engine plant have always played an important role in the world-class automaker’s growth plans,” Governor Kay Ivey said.

“This significant new investment in Alabama will once again help power Toyota’s strategic efforts to prepare for the future in a fast-changing industry.”

Last October, Toyota marked the opening of a new twin-turbo V6 engine line following a $288 million expansion project that also added 450 jobs at the Huntsville plant, the largest hiring need in Toyota’s history in Alabama’s. The new line also produces a hybrid electric version of the twin-turbo V6 engine.

The project’s hiring boosted the plant’s total employment to 1,800 and increased production capacity to 900,000 engines annually.

“It’s our dedicated workforce that continues to drive Toyota Alabama forward,” said Jason Puckett, president of Toyota Alabama. “Our team members’ commitment to building world-class engines is why Toyota has invested in our plant eight times, and why we continue to play a vital role Toyota’s electrified future.”

Overall, the plant represents a $1.5 billion investment for Toyota, counting the new project.

“Toyota has become a pillar in Alabama’s automotive industry over the past two decades, and this latest milestone represents another important development in the automaker’s strategic growth plans for the Huntsville facility,” said Greg Canfield, Secretary of the Alabama Department of Commerce.

“We have been with Toyota every step of the way since engine production began in 2003, and we’re looking forward to building an even more exciting future together,” he added.

The Huntsville plant is among Toyota’s largest engine facilities globally and the automaker’s only one in the world to build 4-cylinder, V-6 and V-8 engines under one roof. It has produced 8 million engines since the facility opened.

“Many people often ask what is the engine that drives Huntsville? I proudly tell them it is companies like Toyota Motor Manufacturing Alabama that drive Huntsville’s economy,” Mayor Tommy Battle said. “This latest announcement for TMMAL’s sixth expansion is another indication of the company’s confidence in our workforce and its commitment and investment into our community and future.”

Original source can be found here.

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