Toyota invests $282 million to expand Alabama plant

According to foreign media reports, Toyota Motor Corporation said on June 5 that it will invest US$282 million in its engine plant in Huntsville, Alabama, add 350 new jobs, and begin producing differential, Rear axles and other transmission system products other than core internal combustion engines.

Toyota added that this would bring its total investment in Alabama to more than $1.

7 billion.

, Toyota’s plant, which employs about 2,000 people, makes engines for Corolla, Corolla Reflex, Highlander, Sena, RAV4, Tacoma, Tundra and Sequoia models.

Toyota said the plant produced more than 770,000 internal combustion engines last year.

Toyota also added that the new investment will allow more parts and components production to be shifted from suppliers to internally.

Highlander.

Photo source: Toyota, Toyota last week announced its new strategy to work with Japanese carmaking partners Subaru and Mazda to develop and produce internal combustion engines.

The strategy is called “Engine Reborn.

” According to Reuters, on May 28, at a media event held jointly with Subaru and Mazda Motors, Toyota Motor showed off the 1.

5-liter and 2.

0-liter engines it was developing that could be used in hybrid vehicles and cars that use biofuels.

Compared with current engines, its volume and height are significantly reduced.

, Toyota owns about 20% of Subaru and about 5% of Mazda.

The three automakers said their efforts will decarbonize internal combustion engines by making them compatible with alternative fuels such as electronic fuels and biofuels.

They also hope that a more compact engine will improve vehicle design by lowering the hood.

, However, Toyota said the investment announcement at the Alabama plant was not related to its latest engine strategy.

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