The Yellowhammer State will be the home of a new $1.6 billion auto assembly plant, sources said on Tuesday.
Toyota Motor and Mazda Motor are set to unveil plans for a Huntsville, Ala. plant that is expected to open in 2021, produce 300,000 vehicles a year, and employ up to 4,000 people.
In recent months, the companies had confirmed that they deciding between whether or not to build the plant in North Carolina or Alabama. In her Tuesday night State of the State address, Alabama Gov. Kay Ivey did not mention the plant specifically, but said the state’s workforce is drawing companies to the state and making them successful.
“News of our economic success seems to be a daily occurrence,” Ivey said. “Your dedication, your commitment to hard work and our skilled workforce, companies choose Alabama because of your ability to work hard and be dependable.”
An official announcement is expected to be made Wednesday afternoon in Montgomery.
A spokesperson for Toyota declined to comment to Alabama Today.
*This article was updated at 9:00 p.m. CT.