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