Mar. 02, 2012

Toyota to Further Increase Transmission Capacity in West Virginia, U.S.

Parts Manufacturer Bodine Also to Increase Capacity

 

Toyota City, Japan, March 2, 2012―Toyota Motor Corporation (TMC) announces that―due to growing demand―TMC's engine-and-transmission manufacturing subsidiary Toyota Motor Manufacturing, West Virginia, Inc. (TMMWV) in the United States is to further increase its six-speed automatic-transmission annual production capacity beyond a previously planned 400,000 units (announced in February 2011 and targeted for the end of 2012) to 520,000 units by the summer of 2013.

The revised capacity increase represents an additional investment of approximately 45 million U.S. dollars and 80 new jobs at TMMWV.

In line with the increase at TMMVW, Bodine Aluminum, Inc. (Bodine), a U.S. manufacturer of cast aluminum parts, will also boost annual production capacity of cases and housings for six-speed automatic transmissions by 120,000 units each. This will see an additional investment of approximately 10 million U.S. dollars and 25 new jobs at Bodine.

TMMWV currently builds six-speed automatic transmissions for "Avalon", "Camry", "Sienna", "Venza" and Lexus "RX 350" vehicles built in North America. TMC will continue to promote localized production based on its philosophy of building cars where they are sold.

Overview of Toyota Motor Manufacturing, West Virginia, Inc. (TMMWV)
Location Buffalo, Putnam County, West Virginia
President Yoji Suzuki
Capital 260 million U.S. dollars
Establishment May 1996
Products Inline four-cylinder engines (Annual production capacity: 410,000 units)
V6 engines (Annual production capacity: 210,000 units)
Automatic transmissions (Annual production capacity: 520,000 units*1)
Site area 930,000 square meters
Start of production November 1998
Employees*2 Approx. 1,200
*1By summer 2013; *2Includes new hires from increased production capacity
Overview of Bodine Aluminum, Inc.
Location Headquarters St. Louis, Missouri
St. Louis Plant St. Louis, Missouri
Troy Plant Troy, Missouri
Jackson Plant Jackson, Tennessee
President Robert Lloyd
Capital 131 million U.S. dollars
Establishment 1912 (TMC first invested in Bodine in 1990)
Products Cast aluminum parts
Site areas St. Louis Plant Approx. 45,000 square meters
Troy Plant Approx. 320,000 square meters
Jackson Plant Approx. 800,000 square meters
Start of production (of for-Toyota parts) January 1993
Employees* Approx. 1,100
*Includes new hires from increased production capacity