Toyota to invest $200 million to boost V6 capacity at engine sites

Article by Anita Panait, on June 21, 2013

Toyota Motor Corp. is intending a $200-million investment to increase the production capacity for its V-6 engine machining and parts in North America, according to Toyota Motor Engineering and Manufacturing North America Inc. The latest announcement means that Toyota’s total committed investment over the past two years to over $2 billion.

The latest set of investments will allow the carmaker to create 50 new jobs across several plants. The carmaker is planning to invest $150 million at Toyota Alabama engine plant and $50 million for its Bodine Aluminum unit.

The investment will result to the creation of 40 new jobs at Bodine’s Troy site in Missouri and 10 more at its Jackson plant in Tennessee. The unit will produce blocks and cylinder heads for Toyota Alabama. The Toyota Alabama engine plant assembles V-6, V-8 and 4-cylinder engines for eight of the 12 Toyota vehicles built in North America.

The Toyota Alabama engine plant is also the only Toyota site in the world to build the three engines in the same location.

The carmaker disclosed in May that it plans to hike the site’s production capacity by 216,000 engines annually. With the expansion, the site is now expected to be able to build nearly 750,000 engines a year, 362,000 of which will be V-6 powerplants.

Toyota is logging strong sales growth in pickup and SUV segments this year in the United States, with the Detroit 3 still dominating the pickup sector. According to Automotive News Data Center, Toyota Division posted a 12-percent surge in light truck sales in the first five months of 2013 to 324,570 vehicles, majority of which were powered by V-6 engines. [source: Toyota]

If you liked the article, share on:

Comments

Recommended

The Holy Trinity of hypercars may not be accessible anymore after being discontinued, but that doesn’t mean we won’t see any more hypercars in the future. What we know is...
by - June 26, 2017
Kia is taking things a step further with the new Kia Stinger, which they first introduced at the 2017 Detroit Auto Show. With the specs given to us by the...
by - June 25, 2017
Earlier this week, Nissan revealed a teaser of the new 2018 LEAF’s interior, giving us an idea of what the electric vehicle has to offer. The company released a video...
by - June 25, 2017
The primary suggestion of a 4x4 ute from French company Peugeot was first revealed in 2016. Fifteen months later, the production version is launched. Now, Peugeot is not shying away...
by - June 24, 2017
The new Jaguar E-Pace crossover will soon hold its official launch on July 13 and is expected to arrive at the showrooms by early next year. It couldn’t have come...
by - June 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries