#757 – Mazda Toyota Gearing Up in Northern Alabama

Mazda Toyota Gearing Up in Northern Alabama

A few weeks back we shared with our readers the economic impact that Honda Manufacturing has on the Alabama economy (Honda has $12 billion annual impact on Alabama’s economy). This week we are sharing a post from Greg Canfield, Secretary of the Alabama Department of Commerce regarding the economic impact that the Mazda Toyota Manufacturing USA plant in Huntsville, Alabama, has on that region:

“When Alabama’s economic development team successfully recruited Mazda Toyota Manufacturing USA to Huntsville in early 2018, we knew that the $1.6 billion auto assembly plant would become a mothership for suppliers.

After all, the other automakers operating in Alabama have established extensive supply chains that today employ around 25,000 people in the state. Already, a robust orbit of suppliers is taking shape around Mazda Toyota.

So far in 2019, a total of five suppliers have pinpointed sites in North Alabama for production locations that will create almost 1,700 new auto-sector jobs once they are up and running. Combined, their investment in Alabama totals $440 million.

The good news is that we’ll likely see more suppliers select Alabama as the Mazda Toyota mothership moves closer to completion, bringing even more jobs and investment with them.”

Mazda Toyota Manufacturing USA is in the process of building a $1.6 billion plant in Limestone County in northern Alabama. Production of vehicles is set to begin in 2021. Once fully operational, Mazda Toyota expects to directly employ 4,000 workers. According to the Mazda Toyota multiplier, about six indirect jobs will be created for every job at the plant.

Sources – Mazda Toyota Update, www.madeinalabama.com