Toyota Invests $28M in Ann Arbor Powertrain R&D Expansion
Toyota Technical Center (TTC), a division of Toyota Motor Engineering & Manufacturing, N.A.(TEMA), announced an investment of more than $28M to expand its powertrain operations at two facilities in Ann Arbor, Michigan.
The new growth will support powertrain development capability, specifically in the areas of design, evaluation and calibration on new engine and transmission projects. Beefing up these three areas in Ann Arbor is just the latest example of Toyota’s commitment to drive more local decision-making and ultimately faster, more precise response to its customers. “An expansion of this magnitude takes good team work with local partnerships,” said Simon Nagata, president of Toyota Motor Engineering and Manufacturing North America, Inc.
The expansion projects will occur in Ann Arbor and position TTC to develop engines and automatic transmissions for the North American designed and manufactured vehicles. For over 10 years, Toyota has been manufacturing engines and transmissions in the U.S. and in the past 20 months Toyota has invested about $2 billion in its North American manufacturing facilities, adding more than 4,000 new jobs.
Category: Featured, General Update
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