SAN ANTONIO—Toyota Motor Corp. is investing $391 million at its truck assembly plant here. The new spending brings the automaker’s total investment in the factory to more than $3 billion.
CIBOLO, TX—A supplier for Toyota and other automakers is expected to break ground in September on a new assembly plant here that will provide 900 full-time jobs.
HUNTSVILLE, AL—A pair of Japanese automotive parts manufacturers have announced plans to build new factories in northern Alabama to supply the Mazda Toyota joint-venture assembly plant under construction here. Together, the facilities are expected to employ 780 people.
HUNTSVILLE, AL—Construction of the Toyota-Mazda assembly plant here has been “temporarily suspended” so that researchers can determine if the project will adversely affect the habitat of an endangered fish.
Last month, Mazda and Toyota selected Huntsville, AL, as the site of a new joint-venture assembly plant. The factory will have the capacity to build 300,000 vehicles annually, with production split evenly between the two companies. Mazda intends to use the facility to produce a new crossover model for the North American market, while Toyota will use the factory to make Corollas.
MONTGOMERY, AL—Mazda and Toyota have selected Huntsville, AL, as the site of their new joint-venture assembly plant. The $1.6 billion factory will have the capacity to build 300,000 vehicles annually and is expected to create up to 4,000 jobs.
TOKYO—Alabama and North Carolina are the final states in the running to win a prized Toyota Motor Corp. and Mazda Motor Corp. joint car factory worth $1.6 billion. A dozen states, including Tennessee, Texas and South Carolina, had been in contention.
WASHINGTON—Toyota Motor Corp. and rival Mazda Motor Corp. are planning to build a $1.6 billion U.S assembly plant as part of a new joint venture. The plant will be capable of producing 300,000 vehicles a year, with production divided between the two automakers.
TOKYO—Toyota Motor Corp. wants to smooth the oft-bumpy ride for startup companies by forming a new venture capital business. Armed with an initial $100 million to invest, Toyota AI Ventures will seek companies that are taking on challenging research related to artificial intelligence and robotics.
