Investment to Provide Facility with New Technology and an
Increased Role Supporting Tacoma Production
LONG BEACH, Calif.,
March 16, 2022 /PRNewswire/
-- For 50 years, TABC has led the way for Toyota's
manufacturing operations in North
America. Today, Toyota Motor North America (TMNA) announced
a $27 million investment in the
operation to support an increase in its production
capabilities.
"Toyota's roots in California
run deep," said Chris Reynolds,
executive vice president, Corporate Resources, TMNA. "This
investment demonstrates our continued commitment to doing business
in the Golden State, investing in our operations across
the United States and building
where we sell."
The investment will equip TABC with the first coil-fed laser
blanking line for TMNA, expand blanking capability to include steel
and aluminum on the same line and increase capacity to cut 5.6
million blanks annually. In addition, these added capabilities will
enable TABC to better support Tacoma production at TMNA facilities
in Baja, California, and
Guanajuato, Mexico.
"Today's investment reflects our team's pledge to produce
high-quality products for Toyota vehicles assembled in North America," said TABC president
Jim Zehmer. "We look forward to
continuing our critical role in Toyota's continued growth."
In addition to the new technology and expanded capabilities, the
investment will also support the transition of 25 TABC variable
employees to permanent positions with Toyota.
Founded in 1972, TABC is Toyota's oldest plant in North America. It supports the stamping and
welding of parts for Tacoma and past model service parts for
multiple North American-produced Toyota vehicles.
Currently, the facility employs more than 350 people and, with
this announcement, represents a $485
million investment.
About Toyota
Toyota (NYSE:TM) has been a part of
the cultural fabric in the U.S. for more than 60 years, and is
committed to advancing sustainable, next-generation mobility
through our Toyota and Lexus brands, plus our nearly 1,500
dealerships.
Toyota directly employs more than 39,000 people in the U.S.
who have contributed to the design, engineering, and assembly of
nearly 32 million cars and trucks at our nine manufacturing
plants. By 2025, Toyota's 10th plant in North Carolina will begin to manufacture
automotive batteries for electrified vehicles. With more
electrified vehicles on the road than any other automaker, a
quarter of the company's 2021 U.S. sales were electrified.
To help inspire the next generation for a career in
STEM-based fields, including mobility, Toyota launched its virtual
education hub at www.TourToyota.com with an immersive
experience and chance to virtually visit many of our U.S.
manufacturing facilities. The hub also includes a series of free
STEM-based lessons and curriculum through Toyota USA Foundation partners, virtual field trips
and more. For more information about Toyota,
visit www.ToyotaNewsroom.com.
Media Contact
Justin
Posey
Justin.Posey@toyota.com
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SOURCE Toyota Motor North America