Toyota's Michigan Tech Center Groundbreaking

[Variance]

Toyota's Michigan Tech Center Groundbreaking

September 8, 2006 - York Township, Mich. - Toyota Technical Center (TTC), a division of Toyota Motor Engineering & Manufacturing, North America (TEMA) broke ground on a 700-acre site in York Township today for an expansion of Toyota's Research and Vehicle Development operations in North America. Government officials and community leaders joined Toyota executives to celebrate this milestone.

"Toyota is committed to building a world class research and development operation in Michigan and today we break new ground as we move forward with the next phase of Toyota Technical Center's future," said Yasuhiko Ichihashi, president of Toyota Technical Center.

Toyota Technical Center will be constructing an engineering design facility (350,000 square feet and $150 million investment) and a safety test facility (180,000 square feet and $37 million investment) during the first phase of construction. In addition, there will be 400 new jobs added by 2010. Currently, there are 756 team members that work at TTC's R&D operations in Michigan.

"The Toyota Technical Center represents a win for Michigan and our workers, and exemplifies the kind of jobs we want to continue to work to bring to our state," said Governor Jennifer M. Granholm. "Our reputation as an automotive powerhouse brought Toyota here, and we will continue to attract R&D and advanced manufacturing jobs based in the auto industry here because of our global leadership in automotive technology."

Toyota established operations in North America in 1957 and will operate 15 manufacturing plants in North America by 2008. There are more than 1,700 Toyota, Lexus and Scion dealerships in North America which sell more than 2.5 million vehicles a year. Toyota directly employs over 38,000 in North America and its investment here is currently valued at more than $16.8 billion, including sales and manufacturing operations, research and development, financial services and design. Toyota's annual purchasing of parts, materials, goods and services from North American suppliers totals more than $28 billion. According to a 2005 Center for Automotive Research study, Toyota, along with its dealers and suppliers, has generated nearly 400,000 U.S. jobs, including jobs created through spending by direct, dealer and supplier employees.

Source: Toyota Motor Company

[NOS2006]

Damn, this pisses me off. Granholm.

[NOS2006]

Well, besides the point that she pushed more jobs outta the state than brought them in...

[NOS2006]

Check ya PM box.

[balthazar]

Over half a million square feet of new facility and only 400 jobs??

yay, toyota.... moving you..... zzzzzzzz

she's the govenor, it's her job to bring jobs into the state. What do you expect her to do?

Collect a 1 billion dollar business licensing fee for the privaledge to do business in that state & this country. Get it the same way 'Joe Paycheck' 'gets' his: a notice in the mail after everything's done.

[CARBIZ]

You know, I gotta admire these Japanese. They are very, very clever at what they are doing.

First, they make inroads into the market with cheap, disposable cars that were a bit fun to drive. Make a couple of models, build them cheap and dump them on the American market, with the full support of MITI in Japan and the complicity of Washington. Slowly expand your line up to include luxury cars and trucks, all the while enjoying protection at home. Avoid tarrifs by building production plants here. Convince Americans that you are American. I mean, how can you argue that your Accord is Japanese when it is built in Ohio, right?

Once you have bloodied your enemy, build plants on their turf, re-hire their laid off employees and beat them at their own game. In fact, you can hire their brightest and best, thus assuring their inevitable collapse - and, get this, the government will even help you build your plants!

Voila! Recipe for total annhilation of your enemy!

We are witnessing history, boys and girls. When people look back at the last 25 years, business professors will use this as a textbook case of how to run your competition into the ground. The best part is, we are letting it happen!

No other government on Earth is as stupid as this. And I am including Canada in this mess. WE are sewing the seeds of our own destruction and paying to have it happen.

[sciguy_0504]

Collect a 1 billion dollar business licensing fee for the privaledge to do business in that state & this country. Get it the same way 'Joe Paycheck' 'gets' his: a notice in the mail after everything's done.

191196[/snapback]

Companies will jump all over that offer!

[RJB]

Let the competition begin. GM is working on their new powertrain center, and the timelines are close to each other for being done.

[BrewSwillis]

Toyota's Michigan Tech Center Groundbreaking

blah blah blah.....According to a 2005 Center for Automotive Research study, Toyota, along with its dealers and suppliers, has generated nearly 400,000 U.S. jobs, including jobs created through spending by direct, dealer and supplier employees*.

* This does not take into account all the jobs lost at the Big 3/their suppliers/and dealers due to Toyota's unfair business practices[/i]

Source: Toyota Motor Company

191132[/snapback]

They forgot the asterisk.

[balthazar]

Companies will jump all over that offer!   

Well toyota makes 75% of it's global profit in the U.S., so they would probably consider it seriously. As far as anyone else goes,... now you get the idea.