Toyota to invest $222 million to expand engine production in Alabama

URLhttps://www.madeinalabama.com/2022/04/toyota-to-in
Sourcehttps://www.madeinalabama.com
Date Published04/19/2022
Author NameJerry Underwood
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Toyota Alabama
Parent companyToyota Motor Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):222
Country(ies) from which reshored:Japan
City reshored to:Huntsville
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredfour-cylinder engines, including a hybrid electric
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Under-utilized capacity
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