ERLANGER, KY — Toyota announced on January 11 that the company produced 1,443,889 vehicles and 1,273,437 engines at its North America manufacturing facilities in 2004. Both were record levels for Toyota, which began North American production in 1985 and has steadily expanded operations ever since. Toyota currently has five vehicle assembly plants in the North America. In addition, the company is building a pickup truck plant in San Antonio, Texas and a casting plant in Jackson, Tenn. – and several of Toyota's North American engine and component plants are expanding. "Strong demand for key products such as the Sienna, the Camry, and the RX 330 kept our plants very busy this past year," said Atsushi Niimi, president of Toyota Motor Manufacturing North America, Inc. "With our Mexico plant coming up to full capacity in the first half of the year, and the introduction of the new Tacoma and Avalon, we expect 2005 to be another important year for our North American manufacturing operations." By 2006, Toyota will have the capacity to build 1.66 million vehicles and 1.44 million engines annually in North America. Most of the vehicle production increase is due to additional Tundra production at Toyota's new plant in San Antonio, Texas. The automaker currently employs more than 36,000 people throughout North America. The company’s direct investment is over $15.3 billion. Annual parts, materials, goods and services purchased from North American suppliers total another $25 billion. Toyota's North American-produced vehicles include the Avalon, Camry, Corolla, Matrix, Sienna, Solara, Sequoia, Tacoma, Tundra, and the Lexus RX 330.

Originally posted on Fleet Financials

0 Comments