Toyota Australia is back in the engine export game, with a new shipment bound for factories in Malaysia and Thailand leaving this week.
Around 18,000 of the locally produced 2.5 litre four-cylinder petrol and hybrid-system engines will be shipped from the new engine plant in Altona, or around 16 percent of engines produced there.
The deal marks the first time the carmaker's local arm has had an engine export programme since 2001, when it sent engines to New Zealand and South Africa.
It is also the first time Toyota Australia has sent standalone engines to Thailand and Malaysia.
The programme represents a quid pro quo relationship with Thailand, which has become a major source of new models sold on the Australian market, thanks in part to free-trade agreements.
Construction of the $331 million engine plant was boosted by a $63 million contribution from the Federal Government's Green Car Industry Innovation Fund, and more from the Victorian Government.
"Our employees have worked incredibly hard to secure the investment for the new engine plant and ensure that we are producing the best quality engines," Toyota Australia's Chris Harrod said.
"The fact that we were able to secure new export markets in Thailand and Malaysia is testament to the quality of our work and the positive reputation Toyota Australia has amongst our affiliates."
The news of Toyota Australia's exports to Thailand follows a shipment of 100 complete Ford Territory SUVs to the Kingdom last year.