Toyota investing $200M in Southern manufacturing

Toyota investing $200M in Southern manufacturing

June 23, 2013 by · Leave a Comment 

Filed under: Plants/Manufacturing , Toyota Over the past two years, Toyota has invested more than $2 billion at its North American production facilities, and it apparently doesn’t plan on stopping there. To keep up with recent strong sales, Toyota is investing an additional $200 million at its engine plants in the Southern US to increase production capacity of its V6 engines. The bulk of this money ($150 million) will go to expand Toyota’s engine plant in Huntsville, AL, which is currently responsible for supplying engines – four-cylinder, V6 and V8 – to eight of Toyota’s 12 domestically produced vehicles. That includes the best-selling Toyota Camry (shown above). Toyota didn’t say exactly what improvements are being made to the plant, but this follows last year’s $80 million investment in the plant that is set to be completed by next year raising the engine capacity to 750,000 annual units including 362,000 V6s. The remaining $50 million will go to the casting plants of Toyota-owned Bodine Aluminum in Missouri and Tennessee, which supply engine blocks and cylinder heads to the Huntsville engine plant as well as others in Kentucky and West Virginia. Scroll down below for the official press release. Continue reading Toyota investing $200M in Southern manufacturing Toyota investing $200M in Southern manufacturing originally appeared on Autoblog on Sun, 23 Jun 2013 09:00:00 EST. Please see our terms for use of feeds . Permalink

Toyota boosting V6 production in Alabama, adding 125 jobs

Toyota boosting V6 production in Alabama, adding 125 jobs

May 19, 2012 by · Leave a Comment 

Filed under: Plants/Manufacturing , Toyota Toyota’s Huntsville, Alabama production facility, which makes the company’s four-cylinder, V6 and V8 engines, is getting a couple of big boosts: $80 million and roughly 125 new jobs. When the spending and hiring is complete, the enlarged factory and the plant’s 1,150 workers will raise engine-production capacity to more than 700,000 units, with V6 production more than doubled from 146,000 engines per year to 362,000. Toyota’s been spending and hiring all this year, with $645 million invested in growth and 1,100 jobs added to the rolls. “This V6 line addition,” said a company EVP, “continues to reflect our growing optimism for an improving North American market.” Toyota’s press release is posted below. Continue reading Toyota boosting V6 production in Alabama, adding 125 jobs Toyota boosting V6 production in Alabama, adding 125 jobs originally appeared on Autoblog on Sat, 19 May 2012 16:03:00 EST. Please see our terms for use of feeds . Permalink

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