Michigan, it’s more than just Great Lakes, the Big Three and the largest municipal bankruptcy in U.S. history. To the surprise of many, GM, Ford and Chrysler aren’t the only games in town. Practically every major OEM and supplier company has offices, technical centers or test facilities in the mitten state, and Toyota is making a major investment its facilities.
It’s going to take a forklift to move all the Benjamins this Japanese automaker is pouring into the state. Toyota is shelling out $28 million to expand its two powertrain facilities in Ann Arbor, a city located about 45 minutes west of downtown Detroit.
The investment will improve the company’s engine and transmission development capabilities, from design and evaluation to calibration. This is a prime example of Toyota’s commitment to focusing on local markets and speeding up its product-development processes.
Toyota has had a presence in the Ann Arbor area for 36 years. Beyond this history the company has been manufacturing engines and transmissions in the United States for more than a decade. Additionally, over the last 20 months the company has invested some $2 billion in its North American manufacturing operations, creating 4,000 jobs in the process.
Discuss this story at ToyotaNation.com