Toyota Motor Tohoku to establish engine plant
TOYOTA MOTOR TOHOKU, INC. announced today that it has decided to establish an engine plant in Miyagi Prefecture to provide engines to the Toyota Group in the Tohoku region of Japan.
Plans call for the engine plant to be operational by the end of 2010, producing a new type of compact 4-cylinder gasoline engine. Annual production capacity will eventually be approximately 400,000 engines, although initial capacity will be set at 200,000 engines a year.
Outline of the new engine plant
|Location||Northern Sendai Industrial Park, Kurokawa-gun, Miyagi Prefecture (under consideration)|
|Start of operations||End of 2010 (planned)|
|Product lineup||New type of compact 4-cylinder gasoline engine|
|Annual production capacity||Approx. 400,000 engines|
|Investment||Approx. 50 billion yen|
|New employees||Approx. 500 people|
Outline of Toyota Motor Tohoku, Inc. (as of April 1, 2008)
|Date established||July 1, 1997 (Start of operations: July 1998)|
|Capitalization||3.3 billion yen|
|Equity participation||TMC: 100%|
|Number of employees||Approx. 460|
|Product lineup||Electronically controlled brakes, electronically controlled suspension, axles, torque converters|