US Facilities · Auto parts (body stampings)
Japanese suppliers' joint venture YKTA to build $220 million Alabama parts plant
- Company
- YKTA (joint venture of Y-tec, Keylex and Toyotetsu) (Hiroshima and Aichi)
- Project
- New plant on the Mazda Toyota Manufacturing site, Limestone County (Huntsville), Alabama
- Value
- $220M; 650 jobs
- Status
- Announced on June 6, 2019.
- Date
- 2019-06-06
YKTA, a joint venture of Japanese auto parts makers Y-tec, Keylex and Toyotetsu, said it would build a $220 million plant on the Mazda Toyota Manufacturing U.S.A. site in Limestone County, Alabama, near Huntsville. The plant will make stamped and welded body parts for the Mazda-Toyota plant and employ 650 people. The ownership split among the three companies was not stated.
Why it matters
Placing the plant on the carmakers' own site lets the suppliers deliver large body parts directly to the assembly line.
Sources
Kakehashi M&A News home
