Governor Kay Ivey joins executives from auto supplier Y-tec Keylex Toyotetsu Alabama (YKTA) at a ceremony in Huntsville today to announce the companys plans to invest $220 million to open a manufacturing facility that will create 650 jobs next to the new @mazda_toyota plant! pic.twitter.com/p7b2XKbwtm
YKTA will make a $200 million-plus investment and hire 650 in north Alabama to provide parts to the Mazda Toyota Manufacturing USA plant near Huntsville, Ala., local and state officials announced on May 22, 2019. (Paul Gattis | PGattis@al.com)
Gov. Kay Ivey announced Wednesday the largest supplier yet to complement the Mazda Toyota Manufacturing USA plant in Huntsville.
YKTA will provide an array of parts for the cars to be built at the MTMUS plant at a $220 million plant that will be built on the giant automotive plants campus in Limestone County. The supplier plant will create 650 new jobs.
Its a significant addition to the growing cluster of suppliers around the Mazda Toyota assembly plant here in Huntsville, Ivey said. Alabama business is on a roll and we dont plan on stopping any time soon.
The groundbreaking for YKTA, held on the edge of the MTMUS campus, included executives from Mazda and Toyota. The YKTA facility will be built on the north side of the MTMUS plant and the two will be connected via a breezeway, underscoring their close working relationship.
“This is our third supplier to MTMUS. Over 1,400 committed jobs to the area,” Huntsville Mayor Tommy Battle said.
YKTA, a new joint venture formed between a trio of Mazda and Toyota suppliers, will produce structural body stampings and assemblies, as well as functional and chassis parts, for MTMUS. The three companies that came together to former YKTA — Y-tec, Keylex and Toyotetsu – are existing Japanese automotive suppliers with operations in North America. Y-tech and Keylex have historically been suppliers for Mazda while Toyotetsu provided parts for Toyota.
Were going to have common suppliers, said Mark Brazeal, vice president of administration for MTMUS. Theyre going to be making parts for the Toyota vehicle and the Mazda vehicle.
Brazeal said the proximity of the YKTA facility will translate into an ample inventory of parts for the automakers.
YKTA also presented a $10,000 donation to the Boys & Girls Club of North Alabama at the groundbreaking ceremony.
The wave of suppliers have been expected to roll into north Alabama, providing thousands of indirect jobs.
Its the cycle that comes off of MTMUS, Battle said. As they come and start producing automobiles, were going to see more and more jobs and more and more economy coming off this. The future holds more of these kinds of announcements.
Last month, Ivey made the announcement at an event in Athens that Toyota Boshoku will be building a $50 manufacturing facility that will produce seat systems for vehicles built at the MTMUS plant. The Athens facility will provide more than 400 jobs.
And earlier this month, Ivey announced that DaikyoNishikawa US will create 380 new jobs in a facility to be built on the Mazda Toyota campus in Huntsville. The supplier will produce large resin parts such as bumpers and instrument panels.
This is where the YTKA supplier facility will be built on the north side of the MTMUS plant in Huntsville. The supplier will be connected to the auto plant by a breezeway. The supplier is a $220 million investment, creating 650 jobs. pic.twitter.com/3GQudVevdw