Toyota spending $200M to increase engine production

Jun 21, 2013 | 12:24 PM | Corinna Petry

Tags  Toyota, Toyota Motor Engineering & Manufacturing North America, Toyota Alabama, Bodine Aluminum, casting, engines, machining capacity, investment Corinna Petry

CHICAGO — Toyota Motor Engineering & Manufacturing North America Inc. plans to invest $200 million in its Alabama engine plant and Bodine Aluminum casting plants to boost machining capacity and parts production for V6 engines.

About $150 million will go to upgrade machining capabilities in a project expected to start up by July 2015. Toyota Alabama will hire about 125 people upon completing its current $80-million V6 engine assembly....

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