2024 New and Expanding Japanese Company Recognition
The Alabama Department of Commerce has released its annual "New and Expanding Industry Report" for 2024. This report, which offers information about new projects and capital investment across the state, can be found on the department's website, madeinalabama.com. In 2024, Japanese companies invested $325 million into Alabama with the expansion of 5 projects and created 361 jobs. The recognized companies are listed below in alphabetical order. Please contact us if you have questions about these companies.
See past New and Expanding Companies: 2021, 2022, 2023.
Alabama's 2024 New and Expanding Japanese Companies
Moriroku Technology North America
Type: Expansion City: Rainsville County: DeKalb Business Activity: Automotive Supplier Capital Investment: $6,635,454 Website |
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Moriroku Technology North America recently opened our Headquarters and R&D Center in Marysville, Ohio. Serving as the design and development center for our four North American production facilities, we are committed to meeting our customer's needs and requirements through innovation and collaborative design. We pride ourselves on creating a positive work environment for our associates while maintaining a high standard of quality in our daily activity. Our centralized Quality Assurance testing lab has over thirty testing machines which allows for comprehensive product development. An in-house 3D printer aids in early prototype activity while equipment such as a salt fog humidity chamber and a walk-in sound chamber with vibration platform assures our customer's specificiations are met for mass production. The exciting addition of Moriroku Technology North America's Headquarters and R&D Center will assure our continued growth as a world class supplier of automotive products.
Pharmavite Type: Expansion City: Opelika County: Lee Business Activity: Dietary Supplement Products Capital Investment: $12,095,198 Website |
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Your health matters. That's why we're here. For more than 50 years, Pharmavite has been committed to wellness. What we do is more than producing vitamins -- it's about making real nutrition and good health within reach for all.
Pharmavite sets the benchmark in nutrition science. Our product development is grounded in vetted scientific evidence and rigorous claim substantiation. We collaborate with leading institutions to develop and research new products that deliver meaningful nutritional benefits. Our partnerships, with organizations like Nuritas and University College Cork, demonstrate our commitment to advancing scientific research that can positively impact health outcomes.
Plasmine Technology, inc. Type: Expansion City: Bay Minette County: Baldwin Business Activity: Resins and Chemicals for Wood Products Jobs Created: 11 Capital Investment: $17,000,000 Website |
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Plasmine Technology, Inc. was founded in 1990 with a single business objective, to provide the best sizing products and technical support to the paper industry. Plasmine is a wholly owned subsidiary of Harima Chemicals Group, Inc. of Osaka, Japan and is one of two major suppliers of rosin-based internal sizing additives to the North American Paper Industry. The corporate office is located in Pensacola, Florida with a manufacturing plant located in Alabama. There are also two distribution networks established in the Oregon/Washington and Wisconsin areas.
Plasmine Technology, Inc. produces and sells high quality rosin internal sizing agents and various surface treatment additives to the paper and paperboard industries. Our core business is the manufacture of specialty rosin and rosin ester based chemistries.
Toyota Motor Manufacturing, Alabama (TMMAL) Type: Expansion City: Huntsville County: Madison Business Activity: Automotive Engines Jobs Created: 350 Capital Investment: $282,000,000 |  |
Toyota Motor Manufacturing Alabama employs more than 2,000 team members and builds more than 3,000 engines each day. Producing one-third of Toyota’s engines in the U.S. at its 1.3 million-square-foot facility, TMMAL is the only plant to build four-cylinder, V-6 and twin-turbo under one roof. TMMAL powers popular Toyota vehicles like the Highlander, Sienna, RAV4, Corolla, Corolla Cross, Tundra, Tacoma and Sequoia.
2024 Highlights:
- A $49 million solar array, in partnership with Huntsville Utilities and Toyota Tsusho, supplies more than 70 percent of the plant's energy needs
- Grants of up to $6.7 million to help prepare Huntsville City Schools’ students for future careers in science, technology, engineering and math. This funding is part of Toyota's Driving Possibilities initiative, which will be implemented over five years in select schools
TS TECH Alabama Type: Expansion City: Boaz County: Marshall Business Activity: Automotive Seats Capital Investment: $7,500,000
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TS Tech Alabama, located in Boaz, Alabama is a leading manufacturer of high-quality automotive seating, we are proud to serve the automotive industry with precision-engineered products that prioritize comfort, safety, and innovation. Our commitment to excellence and sustainable practices drives every aspect of our operations, from design to production. At TS Tech Alabama, we are dedicated to supporting the automotive industry with top-tier seating solutions and contributing to the development of advanced mobility technologies.