June 2024 Group Watch: Toyota Expanding in Huntsville
Toyota is expanding the production capabilities at its Huntsville engine factory with a $282 million investment, while also adding more than 350 new, high-quality jobs with long-term stability, according to an announcement today by Governor Kay Ivey. The growth project pushes the total investment in Toyota Alabama to more than $1.7 billion and affirms the automaker’s commitment to reinvesting profits in its U.S. operations. Toyota Alabama is the company’s largest engine producer in North America, employing more than 2,000 team members who assembled more than 770,000 engines in 2023. Mac McCutcheon, chairman of the Madison County Commission, said Toyota’s growth project will have a significant economic impact on the Huntsville region.
