Automotive News - May 14, 2007
Economic development leaders in several states say Toyota officials
have signaled privately that more investment is coming...
Since it opened its first auto assembly line in Fremont, Calif., in
1987, Toyota's pattern in North America has been to go back and double
its investment. The Georgetown, Ky., plant opened in 1988 to produce
200,000 cars a year. It now builds 500,000 a year as well as engines.
Future expansions probably will mean more investment in the $1.28
billion San Antonio plant, where Toyota began making Tundra pickups in
November. Toyota also has a small assembly plant in Baja, Mexico, where
it makes Tacoma pickups http://snipurl.com/Tacoma_07 - Nissan Motor Co.
is investing heavily in Mexican production.
A more pressing concern for Toyota is to create more production
capacity for engines and transmissions. The company has capacity to
build about 1.45 million engines and 600,000 automatic transmissions in
North America annually, while it is increasing vehicle capacity to 2.2
million a year.
Ray Tanguay, the Toyota executive vice president responsible for
strategic needs, says the company plans to add a line at its Kentucky
engine plant. Toyota declined to reveal details, but the plans are
emerging as it launches production of Camry sedans at Subaru of Indiana
Automotive Inc. outside Indianapolis.
The company also will need engines to power the Highlander SUVs it will
start building in Tupelo, Miss., in early 2010. That project is
relatively close to Toyota's truck engine plant in Huntsville, Ala.,
but the company has not revealed its sourcing plan.
Woodstock, Ontario - RAV4 assembly is to start this year near Toyota's
Cambridge, Ontario, plant, which has expanded repeatedly.