Toyota Motor Manufacturing announces $106 million investment

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HUNTSVILLE, Ala. - Governor Kay Ivey joined the president of Toyota Motor Manufacturing this morning for an announcement in Huntsville. The manufacturing plant is reinvesting $106 million into the plant for expansion.

“This $106 million investment will enable us to stay competitive globally, build ever-better engines, and respond quicker and more capably to market demands down the road,” said David Fernandes, president, Toyota Alabama. “Continued investment in this plant speaks directly to the quality and dedication of our people, as well as the local and statewide partnerships we’ve developed. It also further cements our commitment to Alabama.”

The plant already manufactures 4, 6, and 8 cylinder engines.

The plant has already expanded four times since opening in Huntsville, bringing its total investment to $970 million since 2001.

“Toyota has once again shown confidence in the men and women of Alabama’s workforce with their announcement of the $106 million investment going to the Huntsville plant,” Governor Ivey said. “We are very grateful that Toyota remains a valued partner to Alabama. This announcement further solidifies the automaker’s long-term commitment to our great state.”

Also attending today's announcement: Huntsville Mayor Tommy Battle, Madison Mayor Paul Finley and Madison County Commission Chairman Dale Strong.