Toyota to Build V8 Engines in Alabama
Toyota announced on Feb. 6 that it has selected a 200-acre site in Huntsville, AL for its newest engine plant in North America. The plant will machine and assemble engines for Toyota’s full-size Tundra pickup truck, which is made exclusively in Princeton, IN. The Huntsville plant will be Toyota’s first plant outside of Japan to manufacture V-8 engines. The new plant will have an annual production capacity of 120,000 units and represents a $200 million investment by Toyota. The company said the facility is expecting to bring 350 new jobs to Alabama and indirectly create work for many more. Toyota plans to begin producing the V8s at the plant in the summer of 2003. Alabama Gov. Don Siegelman, speaking at the news conference at Huntsville’s Johnson High School, welcomed Toyota. Toyota is the first company to announce its decision to locate in the North Huntsville Industrial Park. The city of Huntsville purchased the 400-acre plot in April 1999 and plans to continue to draw industry to the northwest part of the city.
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