Toyota Invests $200 Million Into Their Southern Plants
Going Towards Increasing Production Of V6 Engines
This past week, Toyota announced a new $200 million investment at its engine plants in the Southern US to increase production capacity of its V6 engines. The bulk of the investment will be going to Toyota's engine plant in Huntsville, AL, which is responsible for supplying engines (four, six, and eight-cylinder) to two-thirds of Toyota's domestically built vehicles. The rest will be going to Bodine Aluminum in Missouri and Tennessee which produce engine blocks and cylinder heads.
"Today's investment of $200 million into three separate Toyota facilities demonstrates Toyota's commitment to North America and our localization efforts. Our commitment 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," said Osamu "Simon" Nagata, president and CEO of Toyota Motor Engineering & Manufacturing North America, Inc.