When Toyota-Mazda announced the joint venture and its plans to locate the plant in the USA, state officials made a huge push for the project, which is expected to eventually employ 4,000 people and generate a $1.6 billion investment.
Alabama and North Carolina were finalists for the plant that will eventually employ about 4,000 people.
"The impact of an auto assembly plant extends beyond its immediate economic impact, and that's why states offer robust incentives", said Dennis Cuneo, a site-selection consultant and former Toyota executive.
The plant will be located in Huntsville-annexed Limestone County.
While other automakers like Honda Motor have plants in Alabama, for Toyota, the state is a complete "blank area", said a company official. It will be able to build 300,000 vehicles per year and will produce the Toyota Corolla compact auto for North America and a new small SUV from Mazda, the companies have said.
No details have yet leaked regarding any tax incentives provided by the state, though it's been suggested that Mazda and Toyota were seeking at least $1 billion in incentives.
WDRB reported in August that Bevin said he had a personal relationship with Toyota Motor Corp.
"With this announcement, our world changes overnight", said Battle. "It vaults Alabama to the top as an industry leader in producing the next generation of cars that will power our nation".
The two firms past year formed a capital alliance and announced a plan to build the factory for 1.6 billion dollars in the United States by 2021.
For Mazda, the plant comes on line in a significant year that will mark the start of the company's second century of operation and second half-century of sales in the U.S. The automaker is enhancing its commitment to the U.S. market and will focus efforts on manufacturing and increasing sales in the country.
The person did not want to identify himself to the Associated Press because the decision hasn't been made public. "By making such cars here in Alabama, we hope that over time our plant will come to occupy a special place in the hearts of our employees and the local community", Kogai said.
Toyota had been under fire for building Corollas in Mexico. Toyota and Mazda, thank you so much.
Japanese automakers Toyota and Mazda are making an announcement about their new massive joint factory.
The news website AL.com reports that there are 57,000 Alabama residents employed in the industry, with more than 160 companies comprising the supplier chain.