LONG BEACH, California
,
March 17, 2022
(press release)
–
Investment to Provide Facility with New Technology and an Increased Role Supporting Tacoma Production 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. 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 CONTACTS
About Toyota
Justin Posey
Justin.Posey@toyota.com
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