BUFFALO, W.Va., Feb. 18, 2021 /PRNewswire/ -- To help
meet customer demand, Toyota Motor Manufacturing West Virginia
(TMMWV) will invest $210 million to
upgrade existing engine production and add 100 new jobs to increase
assembly capacity of its four-cylinder engine line. Once complete,
TMMWV's total investment will be more than $1.8 billion and total employment will exceed
2,000.
"Today's announcement represents Toyota's continued commitment
to our customers as well as our community," said TMMWV President
Srini Matam. "We are thrilled to
expand our Toyota family and continue our long-standing commitment
to provide top-quality engines and transmissions for our
customers."
The $210 million investment will
upgrade TMMWV's current six-cylinder engine production line with
new equipment and machinery, creating flexibility based on market
demand for Toyota's vehicle assembly plants in the U.S. and
Canada.
The 100 new jobs will create a third shift due to a significant
increase in RAV4 engine production at the Buffalo site, increasing assembly of an
additional 5,900 engines per month, or more than 70,000 engines per
year.
The upgrade project and hiring will be complete in the second
half of 2022. Information regarding available positions at TMMWV
can be found at www.tourtoyota.com.
"Toyota's commitment to increase its investment in West Virginia and into our hard-working West
Virginians prove they continue to be a wonderful business partner
right here in the Mountain State," West
Virginia Governor Jim Justice
said. "This is such exciting news for West Virginia's business community as well as
our families that businesses are choosing to grow their
organizations here. Toyota is a wonderful example of how a global
company can be successful right here in West Virginia."
Toyota has created a tremendous value chain in the U.S., with
more than $28.4 billion direct
investment in the U.S., nine manufacturing facilities, 10 including
our joint venture with Mazda, nearly 1,500 independently owned
dealerships and approximately 180,000 people working across the
U.S.
TMMWV currently employs approximately 2,000 team members and has
invested more than $1.8 billion into
its nearly two million square-foot facility. TMMWV will commemorate
its 25th anniversary this year. It annually produces
nearly one million engines and transmissions for North
American-assembled vehicles, including Avalon, Camry, Corolla,
Highlander, Highlander Hybrid, Lexus ES, Lexus RX350, RAV4, Sienna,
and Sienna Hybrid.
Additional Quotes Available for Media Use:
United States Senator
Shelley Moore Capito
(R-W.Va.)
"Since Toyota first came to West Virginia more than 25 years ago, they
have expanded their operations multiple times in Buffalo and proven to the country that our
state has the skilled and dedicated workforce necessary for any
company to be successful here. I have seen this dedication and
strong work ethic of the Toyota Team Members firsthand during
facility visits, and I'm glad that today's announcement will create
new job opportunities for hardworking West Virginians to pursue,"
Senator Capito said. "I'm thrilled that the Buffalo engine plant is continuing to play a
key role in producing the engines and motors that power U.S.
vehicles as Toyota continues to develop and incorporate exciting
new technologies into their fleet. West
Virginia has a long and productive relationship with Toyota,
and this announcement today further solidifies the company's
commitment to investing in our state and our workers."
United States Senator
Joe Manchin (D-W.Va.)
"In
2005 as Governor, I had the opportunity to travel to Japan to meet with Dr. Toyoda and company
officials and since then they have been a strong partner for
West Virginia. I've had the
pleasure of working with Toyota as they continue to build on their
investments in the state, which now total more than $1.8 billion and support 2,000 good-paying jobs,"
said Senator Manchin. "Today's announcement of 100 new jobs
and its continued investment in the state is testament to the team
in Buffalo and the West Virginia workforce. The partnership
between Toyota and West Virginia
is stronger than ever and I look forward to continuing to work with
Toyota officials to foster more long-term investments in our
economy, communities and people."
Note: Toyota West Virginia assets including photos, videos, and
b-roll footage are available at www.pressroom.toyota.com
Search "TMMWV" for available assets.
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 has created a tremendous value chain and directly
employs more than 36,000 in the U.S. The company has contributed
world-class design, engineering, and assembly of more than 30
million cars and trucks at our 9 manufacturing plants, 10 including
our joint venture in Alabama that
begins production in 2021.
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 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:
Bethany Ross
304-812-4193
Bethany.ross@toyota.com
Kelly Stefanich
812-779-8268
Kelly.stefanich@toyota.com
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SOURCE Toyota Motor North America