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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.
Show full PR text
Toyota Boosting Manufacturing Investment in Alabama, Missouri and Tennessee

$200 Million Investment for V6 Engine Machining in Huntsville, Ala., and Related Casting Parts in Troy, Mo., and Jackson, Tenn.
Toyota Has Committed More Than $2 Billion to Expand North American Production Within the Past Two Years


ERLANGER, Ky. (June 20, 2013) – Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA), announced today that its Alabama engine plant and Bodine Aluminum casting plants will invest a combined $200 million to boost machining capacity and engine parts production for V6 engines.

Today's announcement represents Toyota's ninth manufacturing investment in North America over the past two years that now totals more than $2 billion. The result of this new investment is more than 4,000 new jobs solidifying Toyota's commitment to designing, developing and assembling vehicles in the region.

Toyota's Alabama engine plant's $150 million investment in this project represents its fifth significant new investment since it began operations a decade ago. Toyota Alabama's total investment will be $850 million once the machining project is complete by July 2015.

As previously announced, Toyota Alabama will hire approximately 125 upon completion of its current $80 million V6 engine assembly expansion by early 2014; its total employment will be 1,150. Annual engine capacity will be nearly 750,000 units.

Toyota Alabama currently assembles 4-cylinder, V6 and V8 engines for eight of 12 Toyota vehicles assembled in North America. It is the only Toyota plant globally to produce these three types of engines under one roof.

Bodine Aluminum, wholly-owned by Toyota Motor Corporation and a manufacturer of casting parts, will invest $50 million and create a total of 40 new jobs at its plant in Troy, Mo., and 10 new jobs at its plant in Jackson, Tenn., to provide cylinder heads and blocks to Toyota Alabama. Bodine's total investment will top $650 million and will employ nearly 1,100 at its three locations once the machining project begins.

In addition to Toyota Alabama, Bodine also provides cylinder heads and blocks to Toyota's engine manufacturing facilities in Kentucky and West Virginia.

"Today's investment of $200 million into three separate Toyota facilities demonstrates Toyota's commitment to North America and our localization efforts," said Osamu "Simon" Nagata, president and CEO of TEMA. "Our committment to our local communities where we produce engines, engine parts and vehicles has never been stronger thanks to our team members and their continued focus on safety, quality and continuous improvement."

"Toyota Alabama continues to play a key role in our efforts to build engines in the region for our loyal customers," said Jim Bolte, president of Toyota Alabama. "This vote of confidence gives our team members and community partners added motivation as we move towards our vision of becoming the most admired company in the state."

"Bodine's 100 years as a successful American manufacturer is a direct result of our exceptional workforce in Missouri and Tennessee," said Bob Lloyd, president of Bodine. "We look forward to serving our customer in Alabama, and ultimately, our loyal customers who drive Toyotas every day."


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    • 1 Second Ago
  • 29 Comments
      Hampton
      • 2 Years Ago
      Toyota is investing 200 million in Southern right to work states because in Democrat blighted Detroit You can't do ANYTHING without hiring overpaid union workers who want every perk imaginable. No business can exist like that.Look at what has happened to Detroit city...bankrupt with only democrats and union fat cats running things.
        Griffen W
        • 2 Years Ago
        @Hampton
        When bringing up political debates, especially in the internet age, you should probably do a little fact checking before you run your mouth. As it stands Michigan is a republican controlled state. Republican party governor. Republican party Lieutenant governor, republican Secretary of state and a republican attorney General. Going further the state Senate is controlled by the republican party as well as the state house.
          WHO
          • 2 Years Ago
          @Griffen W
          Griffen, can you read, he said DETROIT, not Michigan. But since you mentioned Michigan, looks like the recent influx of Rebublicans into the state government are starting to FIX the state.
        • 2 Years Ago
        @Hampton
        [blocked]
          • 2 Years Ago
          [blocked]
          • 2 Years Ago
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        • 2 Years Ago
        @Hampton
        [blocked]
      Radioactive Flea
      • 2 Years Ago
      I see Toyota is still trying to fool Americans into thinking it is an American company. As it sends billions in profit back to the homeland.
        barry.love1
        • 2 Years Ago
        @Radioactive Flea
        We live in a Global Market if Ford, GM, Chrysler etc. are doing it, why not Toyota?
        richard
        • 2 Years Ago
        @Radioactive Flea
        Yeah, more low wage temp jobs. Why people support these Asians, I`ll never know.
          WHO
          • 2 Years Ago
          @richard
          BUT WAIT Richard, ss1591, a UAW spokesman, just claimed in another thread that GM has the lowest labor rates in the USA because of the restructuring. That means Toyota pays workers more than GM does. RIGHT!
        The Friendly Grizzly
        • 2 Years Ago
        @Radioactive Flea
        Fine. You want some of those profits coming back? Tomorrow, the stock market is open. Call your broker and tell him how many shares of Toyota you want. The ticker symbol is "TM" on the New York Exchange.
        Porsche4life
        • 2 Years Ago
        @Radioactive Flea
        Isn't that what you really want company's investing in America, hiring Americans and paying American tax... And so on. Just because its another country doesn't mean it doesn't profit us.
        adam1keith1980
        • 2 Years Ago
        @Radioactive Flea
        That's your concern? I just hope those ex-GM employees like you and your buddies don't mess up Toyota's demonstrated quality.
          richard
          • 2 Years Ago
          @adam1keith1980
          You mean those runaway vehicles with the malfunctioning electronics?
        steve
        • 2 Years Ago
        @Radioactive Flea
        Toyota is a Japanese company. Most Toyota models are imported into the USA. Toyota imports the RAV4, Prius, Prius C, Prius V, Yaris, FJ Cruiser, Land Cruiser, 4Runner, & Matrix. All Lexus (Toyota) models are imported IS, GS, ES, LS, PX, GX, LX. All Scion (Toyota) models tC, xB, xD, iQ, FR-S. Toyota imported over 400,000 vehicles into the USA in 2012. They were the industry leader in importing cars into the USA.
          jtav2002
          • 2 Years Ago
          @steve
          Toyota is a Japanese company? Really. Thanks for that insight.
          WHO
          • 2 Years Ago
          @steve
          Steve, Now provide us a list of all the products that GM imports to the USA from Canada, Mexico, Germany, South Korea...
        michigan
        • 2 Years Ago
        @Radioactive Flea
        That's terrible. By the way, is GM still selling Buicks in China?
        Henry
        • 2 Years Ago
        @Radioactive Flea
        Spoken truly as your name suggests and implies. When you don't have sense or sensibilities, you just don't have it. Can't buy it either.
      • 2 Years Ago
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      Teko
      • 2 Years Ago
      I love in Huntsville and this is great to hear --- assuming this equals more jobs.
      Tony McAdams
      • 2 Years Ago
      Are those American companies or their little interlocked companies?
      VDuB
      • 2 Years Ago
      Awww hells no. Dem Japs trying to take over the South. Dis is 'Merica. Lets preserve our color. - Bob, 324 Double Wide Rd
        EZEE
        • 2 Years Ago
        @VDuB
        Stereotype much? I am sure that those who go to work at that plant will be quite pleased with their jobs, and be loyal employees.
      RENE PEREZ
      • 2 Years Ago
      toyota is still chastising the American worker wake up people yuor getting screwed... your not getting paid what your worth
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