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.
TOKYO—Alabama and North Carolina are the final states in the running to win a prized Toyota Motor Corp. and Mazda Motor Corp. joint car factory worth $1.6 billion. A dozen states, including Tennessee, Texas and South Carolina, had been in contention.
SALAMANCA, Mexico—Mazda is planning to invest $120 million to build an engine factory adjacent to its vehicle assembly plant here. The new facility will be able to produce 230,000 engines per year.
