About Gibson County, IN

Toyota Motor Manufacturing Indiana, Inc. (TMMI) announced plans today to expand its operations here, creating approximately 400 new jobs by 2013.

The company will invest $400 million total with $131 million going directly to its Princeton plant to consolidate its Highlander mid-size SUV production to this location, including both hybrid and export versions. Production is expected to begin in late-2013 with annual Highlander production volume expected to increase by approximately 50,000 units at TMMI.

“The Hoosier State has made great strides towards providing the best possible business climate in the nation and having a multi-national company like Toyota consolidate operations to Indiana and produce one of our state’s first hybrid vehicles is evidence to the success we’ve achieved,” said Governor Mitch Daniels.

Established in Gibson County in 1996, Toyota’s Princeton plant was the second recognized wholly-owned Toyota plant in North America. TMMI currently employs 4,800 associates, of which 4,000 are Hoosiers, and builds the Highlander, Sequoia full-size SUV and Sienna minivan at its Princeton facility. The hiring of new manufacturing associates will coincide with facility and machinery upgrades.

“This project allows for better utilization of the Indiana plant, and will help Toyota capitalize on the improving North American and global auto market,” said Steve St. Angelo, executive vice president of Toyota Motor Engineering & Manufacturing North America, Inc. “In addition to new jobs at the Indiana plant, this project will increase opportunities and jobs for our North American supply base.”

The Indiana Economic Development Corporation offered Toyota Motor Manufacturing Indiana, Inc. up to $2.7 million in conditional tax credits and up to $200,000 in training grants based on the company’s job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. Gibson County will consider additional incentives at the request of the Gibson County Economic Development Corporation.

“Toyota has been an integral part of the Princeton community, not only with the employment of our residents but also with the infusion of millions of dollars into the local community,” said Princeton Mayor Robert Hurst. “The company’s charitable donations have also been significant with more than $13 million given to local charities and schools and for that we are very grateful.”

Source: http://www.insideindianabusiness.com/newsitem.asp?ID=52117

Toyota today announced plans to begin exporting U.S.-built Sienna vehicles to distributors in South Korea.

The number of cars made Toyota Motor Manufacturing Indiana's Princeton facility more than doubled in 2010. The company also reports a slight decrease in Camry production at Subaru Indiana Automotive Inc. in Lafayette.

Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) announced today that the company's assembly plants produced 1,456,887 vehicles in 2010, an 18 percent increase compared to 2009.

Toyota's North American facilities assemble the Avalon, Camry, Corolla, Highlander, Matrix, RAV4, Sequoia, Sienna, Tacoma, Tundra, Venza and Lexus RX 350.

"The challenges presented by the economic downturn and our recalls made Toyota an even stronger company," said Tetsuo Agata, president and COO of TEMA. "By retaining our team members and continually improving during the worst of times, we are well positioned for 2011 and beyond. We thank all team members and our hundreds of suppliers for their tireless efforts."

In 2010, the following milestones, projects and initiatives were accomplished:

·The Canadian operation in September assembled its four-millionth vehicle.

·The Kentucky plant in July produced its eight-millionth engine.

·The Indiana plant successfully ramped up production of the Highlander and the all-new Sienna after a $450 million investment upgrade. Toyota's total investment in Princeton is nearly $4 billion and total employment is 4,100.

·The Texas plant began production of the Tacoma, representing a $100 million investment and an additional 1,000 jobs. Toyota's total investment in San Antonio is $1.4 billion and total employment is now 2,800.

·TEMA named four new American plant presidents and the Toyota Technical Center named three American chief engineers. This increased local leadership provides greater regional autonomy.

2010 Toyota North American Vehicle Production
Manufacturing Site Model 2009 2010
Toyota Motor Manufacturing, Kentucky, Inc. (TMMK) Avalon 27,513 40,155
Camry 225,524 253,098
Camry Hybrid 19,304 17,151
Venza 75,896 61,290
Total 348,237 371,694
New United Motor Manufacturing, Inc.
(NUMMI)* Corolla 172,888 63,319
Tacoma 67,435 27,495
Total 240,323 90,814
Toyota Motor Manufacturing Canada, Inc. (TMMC) Corolla 138,650 192,271
Matrix 38,538 33,809
RX 350 64,282 81,618
RAV4 78,077 151,031
Total 319,547 458,729
Toyota Motor Manufacturing, Indiana, Inc.
(TMMI) Highlander 17,503 86,527
Sequoia 18,376 24,685
Sienna 72,205 132,780
Total 108,084 243,992
Toyota Motor Manufacturing de Baja California (TMMBC) Tacoma 42,696 53,829
Total 42,696 53,829
Toyota Motor Manufacturing, Texas, Inc. (TMMTX)
Tundra 86,000 107,959
Tacoma 0 42,139
Total 86,000 150,098
Subaru Indiana Automotive, Inc. (SIA) Camry 87,926 87,731
Total 87,926 87,731
Total North American Vehicle Production* Grand Total 1,232,813 1,456,887

Toyota's North American vehicle production - five year history:

Year Vehicle Production YOY Change
2010 1,456,887 18%
2009 1,232,813 (15%)
2008 1,454,958 (13%)
2007 1,671,009 8%
2006 1,553,790 (0.3%)

Toyota North American Engine Production
Manufacturing Site Engine 2010
Toyota Motor Manufacturing, Kentucky, Inc. (TMMK) 4-cylinder 272,833
V6 187,167
Total 460,000
Toyota Motor Manufacturing, West Virginia, Inc. (TMMWV)* 4-cylinder 327,447
V6 236,431
Total 563,878
Toyota Motor Manufacturing, Alabama, Inc. (TMMAL)
V6 88,973
V8 133,803
Total 222,776
Total 2010 North American Engine Production 1,246,654

*TMMWV's total automatic transmission production for 2010 was 284,543.

In addition to the above mentioned plants, Toyota subsidiary Bodine Aluminum, Inc., in Tennessee and Missouri, casts aluminum parts such as cylinder heads, intake manifolds, engine brackets and engine blocks. TABC, Inc. in Long Beach, California, manufactures truck beds, catalytic converters, stamped parts, coated substrates and steering columns. Canadian Autoparts Toyota, Inc. (CAPTIN) in Delta, British Columbia, produces aluminum wheels.

About Toyota
Toyota (NYSE:TM) established operations in North America in 1957 and currently operates 14 manufacturing plants, including one under construction. There are more than 1,800 Toyota, Lexus and Scion dealerships in North America which sold nearly two million vehicles in 2010. Toyota directly employs more than 35,000 in North America and its investment here is currently valued at more than $23 billion, including sales and manufacturing operations, research and development, financial services and design. Toyota's annual purchasing of parts, materials, goods and services from North American suppliers totals more than $25 billion. For more information about Toyota, visit www.toyota.com or www.toyotanewsroom.com.

Source: Toyota & Inside INdiana Business http://www.insideindianabusiness.com/newsitem.asp?ID=45876