# Toyota Tsusho and Sumitomo form joint venture to supply steel blanks to Mazda Toyota Manufacturing

Toyota Tsusho America Inc., Southern Mobility Products, and SteelSummit Holdings (a Sumitomo Corp. of Americas subsidiary) have formed a joint venture called Madison Metal Processing (MMP) to operate a new $40 million, 110,000-square-foot factory near Huntsville, Alabama, to supply steel blanks to Mazda Toyota Manufacturing.

- Type: Contract
- Announced: 2021-08-06
- Where: near Huntsville, Alabama, United States
- Value: $40.0M
- Status: announced
- Capacity: 110,000 square feet
- Products: steel blanks
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [SteelSummit Holdings](https://endata.com/companies/15944.md) (partner)
- [Sumitomo Corporation of Americas](https://endata.com/companies/29149.md) (partner)
- [Toyota Tsusho America](https://endata.com/companies/42203.md) (partner)
- [Mazda Toyota Manufacturing](https://endata.com/companies/49117.md) (customer)
- [Southern Mobility Products](https://endata.com/companies/56939.md) (partner)

## Sources

- [marklines.com](https://www.marklines.com/en/news/258236), 2021-09-01: "Toyota Tsusho America Inc., Southern Mobility Products, and SteelSummit Holdings, a subsidiary of Sumitomo Corp. of Americas, announced that they are teaming in a joint venture called Madison Metal Processing (MMP) that will operate a new, USD 40 million, 110,000-square-foot factory near Huntsville,"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.