Toyota To Expand Indiana Plant By 150,000 Units

Jan. 13, 2005
Toyota North Americas' Indiana plant will increase its production capacity by 150,000 units as part of Toyota's overall plan to boost its North American manufacturing capabilities to 1.45 million cars and trucks annually. Teruyuki Minoura, president and ...

Toyota North Americas' Indiana plant will increase its production capacity by 150,000 units as part of Toyota's overall plan to boost its North American manufacturing capabilities to 1.45 million cars and trucks annually. Teruyuki Minoura, president and CEO of Toyota's North American manufacturing headquarters, said this week at a gathering in Princeton, Ind., that an additional $800 million investment would be made at the plant site. The increase will add another 2,000 jobs, bringing total employment at the plant to 4,300 and total investment to $2 billion. Total production capacity will be 300,000 per year when the expansion is complete. Minoura said that Toyota plans to increase overall North American capacity by 200,000 units, and that the expansion at Indiana will represent the biggest part of that increase.

Popular Sponsored Recommendations

Goodridge Boosts Productivity & Saves Costs by Moving to the Cloud!

Dec. 4, 2023
With Infor's cloud solutions, Goodridge has been able to greatly increase overall productivity, cost savings, data visibility, and automation. This case study discusses the many...

How to Build Zero-Cost On-Site Solar and Storage Projects

Nov. 25, 2023
The Inflation Reduction Act offers tax credits, incentives, and financing that enable no-cost projects. In Enel’s eBook, discover the critical role that incentives play in your...

The Benefits of Continuous Thermal Monitoring

Oct. 17, 2023
Read this eBook to learn more about collecting and using data intelligently to improve performance.

Powering Up Productivity: The Transformative Power of AP Automation in Manufacturing

Oct. 25, 2023
Discover how AP Automation is revolutionizing the manufacturing industry, driving efficiency, cost savings, and security. In today's world, automation is the key to staying competitive...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!