Mazda Motor Corporation and Toyota Motor Corporation have announced a new joint-venture company to be known as Mazda Toyota Manufacturing U.S.A. Inc or MTMUS for short, which will start churning out vehicles from Huntsville, Alabama from 2021.
At the new plant, a capacity to produce 150,000 units of Mazda’s new crossover model and the same number of Toyota Corolla units will be possible and will create up to 4,000 jobs.
Toyota and Mazda are reported to be spending $1.6 billion on the new project with an equal share of the funding coming from both manufacturers.
Mazda's Executive Officer Masashi Aihara, who will also serve as President of MTMUS, said: "By combining the best of our technologies and corporate cultures, Mazda and Toyota will not only produce high-quality cars but also create a plant employees will be proud to work at and contribute to the further development of the local economy and the automotive industry. We hope that cars made at the new plant will enrich the lives of their owners and become much more than just a means of transportation."
Hironori Kagohashi, executive general manager of Toyota and MTMUS's Executive Vice President, supported this saying "The new plant, which will be Toyota's 11th manufacturing facility in the U.S., not only represents our continuous commitment in this country, but also is a key factor in improving our competitiveness of manufacturing in the U.S."
"We are committed to realizing a highly competitive plant and producing vehicles with the best quality for customers by combining Toyota and Mazda's manufacturing expertise and leveraging the joint venture's synergies. Based on this competitiveness, we will make every effort to becoming a best-in-town plant that will be loved by our hometown," he added.
Land preparation for the new facility will soon begin with support from the state of Alabama and city of Huntsville. Full-scale construction of the plant is expected to start as early as 2019.
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