Mazda Motor Corporation and Toyota Motor Corporation have established a new joint-venture called Mazda Toyota Manufacturing, U.S.A., Inc., or “MTMUS.” The new company will produce vehicles in Huntsville, Alabama starting in 2021 with the goal of increasing production for both automakers. More specifically, the new plant will have the capacity to produce 150,000 units of a forthcoming Mazda crossover and 150,000 units of the Toyota Corolla.
The facility is expected to create up to 4,000 new jobs.
“We hope to make MTMUS a plant that will hold a special place in the heart of the local community for many, many years,” explained Masashi Aihara, Mazda’s Executive Officer who will serve as President of MTMUS. “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.”
Toyota and Mazda are investing $1.6 billion toward the venture with equal funding contributions. In collaboration with the state of Alabama and the city of Huntsville, MTMUS will soon begin land preparation for the new plant, with full-scale construction slated to begin next year.
“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.,” said Hironori Kagohashi, Executive General Manager of Toyota and MTMUS’s Executive Vice President. “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.”
“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,” Aihara added.
Source: Mazda North American Operations, Toyota Motor Sales, U.S.A., Inc.