Automotive News / September 27, 2004
Toyota Motor Corp. will invest $250 million in its Huntsville, Ala., engine plant to more than double its output of V-8 engines for light trucks.
The investment will give Toyota U.S.-made V-8s for the full-sized Sequoia SUV made in Princeton, Ind., and the Tundra pickup that will be built in San Antonio, Texas.
Huntsville builds 120,000 V-8s a year only for the Indiana-built Tundra pickup. When the expansion is completed in late 2006, the plant will supply 270,000 V-8s annually.