Toyota Motor Corp. (7203.TO) said Friday that it will expand its Huntsville, Ala. engine facility to increase North American production of V6 engines.
The Japanese automaker plans to invest $80 million in the expansion, which will bring its total investment in the Alabama plant to more than $700 million.
Approximately 125 new jobs will be created, increasing employment nearly 10 percent to 1,150.
The unit will begin production of the 3.5-liter V6 “2GR” engine in March 2014 to meet growing demand, boosting its total annual production capacity to 722,000 engines a year from 506,000, Toyota said.
“Toyota Motor Manufacturing Alabama has been a dedicated corporate citizen in Alabama for more than ten years, and today’s announcement is an exciting new chapter for this company and this community”. Governor Robert Bentley said.
TMMAL currently assembles 4-cylinder, V6 and V8 engines for eight of 12 Toyota North American built vehicles. TMMAL is the only Toyota plant globally to produce these three types of engines in one facility.
Toyota also builds engines in Kentucky and West Virginia.
The Huntsville plant celebrated production of its 2 millionth engine in March.