September 20, 2018

Mazda and Toyota Establish Joint-Venture Company in U.S.

Mazda and Toyota have established a joint-venture to manufacture vehicles in the U.S.
Mazda and Toyota have established a joint-venture to manufacture vehicles in the U.S.

Mazda Motor Corporation and Toyota Motor Corporation have established a new joint-venture company – Mazda Toyota Manufacturing, U.S.A., Inc. (MTMUS) – that will produce vehicles in the U.S. state of Alabama starting in 2021.

The new plant will have the capacity to produce 150,000 units of Mazda’s crossover model that will be newly introduced to the North American market and 150,000 units of the Toyota Corolla. The facility is expected to create up to 4,000 jobs. Toyota and Mazda are investing $1.6 billion ($AU2.05 billion) towards this project with equal funding contributions.

In collaboration with the state of Alabama and the city of Huntsville, MTMUS will soon begin land preparation for the new plant, and the full-scale construction of the plant is expected to start in 2019.

“We hope to make MTMUS a plant that will hold a special place in the heart of the local community for many, many years,” said Masashi Aihara, Mazda’s Executive Officer, who will serve as President of MTMUS. “By combining the best of our technologies and corporate cultures, Mazda and Toyota will not only produce high-quality cars but also create a plant employees will be proud to work at and contribute to the further development of the local economy and the automotive industry. We hope that cars made at the new plant will enrich the lives of their owners and become much more than just a means of transportation.”