HUNTSVILLE, Alabama, June 2021: Mazda Toyota Manufacturing, (MTM), the new joint-venture between Mazda Motor Corporation and Toyota Motor Corporation, recently announced an additional $830 million investment to incorporate more cutting-edge manufacturing technologies to its production lines and provide enhanced training to its workforce and is now seeking up to 4,000 employees.
Total funding contributed to the development of the state-of-the-art facility is now $2.311 billion, up from the $1.6 billion originally announced in 2018. The investment reaffirms Mazda and Toyota’s commitment to produce the highest-quality products at the facility. The investment targets production line enhancements made to improve manufacturing processes supporting the Mazda vehicle and design changes and the just unveiled Toyota Corolla Cross, that will both be produced at the plant.
The new facility will have the capacity to produce up to 150,000 units of a future Mazda crossover vehicle and up to 150,000 units of the Toyota Corolla Cross each year. MTM continues to target up to 4,000 new jobs and has hired approximately 1600 employees so far, and is now accepting applications for production positions.
“Toyota’s presence in Alabama continues to build excitement about future opportunities that lie ahead, both for our economy and for the residents of our great state,” Alabama Governor Kay Ivey said. “Mazda and Toyota increased commitment to the development of this manufacturing plant reiterates their belief in the future of manufacturing in America and the potential for the state of Alabama to be an economic leader in the wake of unprecedented economic change.”
“Mazda Toyota Manufacturing is proud to call Alabama home. Through strong support from our state and local partners, we have been able to further incorporate cutting-edge manufacturing technologies, provide world-class training for team members and develop the highest quality production processes,” Mark Brazeal, VP of Administration at MTM said. “As we prepare for the start of production this year, we look forward to developing our future workforce and serving as a hometown company for many years to come.”
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HUNTSVILLE AMONG BEST PLACES TO LIVE IN 2020: U.S. NEWS:
The 2020 list of Best Places to Live and Best Places to Retire included Huntsville, Alabama by U.S. News & World Report.
Huntsville is among the best cities in the United States to live in 2020, according to rankings released by U.S. News & World Report. The list evaluates the 150 most populous metropolitan areas in the United States based on affordability, job prospects and desirability.
Huntsville ranked 15th on the list of the best cities to live with an overall score of 7.1. U.S. News cites Huntsville’s low cost of living, high-paying jobs and education level of its residents among the city’s strengths.
To provide a more broad and accurate reflection of where Americans want to live and retire, U.S. News increased the number of metropolitan areas evaluated for both sets of rankings from 125 to 150.
To determine the best places to live, researchers took into consideration the job market, housing affordability, quality of life, desirability and net migration ratings, among other factors.
Cities on the list were also determined in part by public survey, taken five months after the start of the coronavirus pandemic. Thousands of respondents weighed in on what qualities they consider important when choosing where they’re going to put down roots.