CHICAGO Toyota Motor North America Inc. will spend $80 million to more than double V6 engine production capacity at its Huntsville, Ala., operation.
When completed in March 2014, the Huntsville plant will be capable of producing 362,000 V6 engines annually, up from 146,000 currently.
Huntsville, which assembles 4-cylinder, V6 and V8 engines for eight of Toyotas 12 North American-built vehicles, is the only Toyota plant in the world that makes all three types of engines in one facility.
The investment will increase total engine production at the Huntsville plant to more than 700,000 annually, boosting Toyotas total annual engine production in the United States to more than 1.4 million.
The Alabama investment, which will create 125 jobs, marks the latest in a string of production expansion announcements by Toyota since February. The cumulative investment totals $645 million, creating more than 1,100 jobs in Indiana, Kentucky, West Virginia and Canada.
"This V6 line addition continues to reflect our growing optimism for an improving North American market, and we continue to study more localization in North America," said Steve St. Angelo, executive vice president of Erlanger, Ky.-based Toyota Motor Engineering & Manufacturing North America Inc.
Toyota said earlier this month that it plans to invest $30 million to increase annual assembly capacity of 4-cylinder engines by more than 100,000 at its plant in Georgetown, Ky., beginning in August 2013.