HUNTSVILLE, AL—Mazda Toyota Manufacturing (MTM), a joint venture between carmakers Mazda and Toyota, have significantly increased their previously announced investment to build a new assembly plant here.
HUNTSVILLE, AL—The highly anticipated $1.6 billion Mazda Toyota Manufacturing (MTM) plant is well on its way to being complete. Concrete is being poured and pipes are being installed on the 2,400-acre campus.
HUNTSVILLE, AL—A pair of Japanese automotive parts manufacturers have announced plans to build new factories in northern Alabama to supply the Mazda Toyota joint-venture assembly plant under construction here. Together, the facilities are expected to employ 780 people.
HUNTSVILLE, AL—Construction of the Toyota-Mazda assembly plant here has been “temporarily suspended” so that researchers can determine if the project will adversely affect the habitat of an endangered fish.
TOKYO—Mazda Motor Corp.’s new CEO minces no words about his top priority for the future. “In terms of profit and brand, the U.S. is the highest priority,” Akira Marumoto, 60, said at a press conference last week after being named the company’s next leader, effective June 26.
Last month, Mazda and Toyota selected Huntsville, AL, as the site of a new joint-venture assembly plant. The factory will have the capacity to build 300,000 vehicles annually, with production split evenly between the two companies. Mazda intends to use the facility to produce a new crossover model for the North American market, while Toyota will use the factory to make Corollas.
MONTGOMERY, AL—Mazda and Toyota have selected Huntsville, AL, as the site of their new joint-venture assembly plant. The $1.6 billion factory will have the capacity to build 300,000 vehicles annually and is expected to create up to 4,000 jobs.
TOKYO—Kenichi Yamamoto, who led the engineering team that produced a commercially viable rotary engine at the company now known as Mazda Motor Co. and later became its president and chairman, died on Dec. 20. He was 95.