ATHENS, Ala. - Toyota Bosjoku is building a new plant in Athens.
Governor Ivey made the announcement Wednesday at a the Athens Municipal Building. "When we talk about building on our successes and building on our momentum, this is how it's done."
Toyota Bosjoku is investing more than $50 million to build a new manufacturing plant in north Alabama. This will mean 400 new jobs for the area.
The new plant will be located approximately 30 miles from the new Mazda-Toyota assembly plant. It will sit on 42 acres in the Breeding North Industrial Park on Sanderfer Road. The industrial park is south of U.S. 72 and west of U.S. 31.
Toyota Boshoku is one of the first suppliers to announce plans for an Alabama facility to produce parts for the Mazda-Toyota plant being built in Limestone county, which expects to assemble its first vehicle in 2021.
The City of Athens released the following written statement after today's announcement:
"Athens attracting one of the first Tier 1 suppliers for MTMUS speaks to our city's attractiveness as a community and our great working relationship with several entities on industrial development. From the State of Alabama to our Limestone County Economic Development Association and our other partners, we work well together to help industries invest in our community and provide jobs for our citizens. Athens appreciates Toyota Boshoku being the latest to invest in our city."
Toyota Boshoku's website identifies the company, headquartered in Kariya City, Japan, as one of the world's premium interior systems suppliers. It develops and produces interior, filtration and power-train components.
TBA and its affiliates employ over 11,000 Team Members in 18 locations throughout the United States, Canada, Mexico, Brazil, and Argentina. TBA Group is a premier manufacturer of automotive interior systems, which include seat, door trim, headliner, substrate, and carpet in addition to air and oil filters for a variety of customers such as Toyota Motor Corporation and General Motors.
"Today's announcement signals a very bright future for the automotive industry and the state of Alabama," said Governor Ivey. "This milestone will be reached because we have a very strong team in place and a great partnership with Toyota."
Several state and city leaders attended the announcement. Alabama House Speaker Mac McCutcheon says anything that improves the livelihood in this state is a plus.
"I think it helps promote a good quality of life for the people that we represent in Alabama," said McCutcheon. "Anytime we can bring good companies into Alabama and open up the opportunity for jobs then that's a good thing."
The City of Athens anticipates the new plant will bring 400 new jobs to the area.
With more jobs and economic growth come woes especially in terms of travel.
The mayor of Athens says the city is already planning ahead to decongest.
"We'll move the traffic with the help of our local legislative delegation and our state government we anticipate lots of growth in the area and we'll plan for it," explained Mayor Ronnie Marks.
The company anticipates starting construction around May 1, 2019.