TABC, Toyota, CalTrade Report - TOYOTA TO BUILD TACOMA ENGINES IN LONG BEACH - CalTrade ReportAsia Quake Victims LONG BEACH – TABC Inc. has said it will begin assembly of four-cylinder engines for the Tacoma pick-up truck at its Long Beach facility. - LONG BEACH – TABC Inc. has said it will begin assembly of four-cylinder engines for the Tacoma pick-up truck at its Long Beach facility. - TOYOTA TO BUILD TACOMA ENGINES IN LONG BEACH TABC, Toyota, CalTrade Report - TOYOTA TO BUILD TACOMA ENGINES IN LONG BEACH

 

Tuesday, January 06, 2009

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Page Two

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TOYOTA TO BUILD TACOMA ENGINES IN LONG BEACH

LONG BEACH - TABC Inc. has said it will begin assembly of four-cylinder engines for the Tacoma pick-up truck at its Long Beach facility.

The plant - Toyota's longest operating manufacturing facility in the US - will assemble approximately 68,000 four-cylinder engines annually for the Tacoma, beginning in 2005. The expansion represents an approximate $7 million additional investment by Toyota in TABC. 

In June 2002, Toyota announced that Japan-based Hino Motors Ltd. would establish its first US manufacturing operation at TABC, which began operations in 1974. Beginning in 2004, TABC and Hino will assemble medium-size commercial panel trucks to be sold in North America. Annual production the first year will be 4,000 units.

Hino Motors is an affiliated company of Toyota Motor Corporation. The company produces a range of commercial vehicles and supplies trucks and buses to over one hundred countries throughout the world.

TABC currently produces truck beds and power steering columns, exporting catalytic converters and substrates for Toyota vehicles to Japan and Canada, as well as stamped parts to both Canada and Venezuela. The 431,000 square-foot TABC plant in Long Beach employs nearly 600 people and covers approximately 30 acres. 

Toyota will have capacity to build 1.65 million cars and trucks a year and 1.16 million engines in North America by 2006. The company currently employs some 34,000 people throughout North America.

The company's direct investment is nearly $14 billion with annual parts, materials, goods and services purchased from North American suppliers totaling nearly $20 billion last year.

Toyota's North American-produced vehicles include the Avalon, Camry, Corolla, Matrix, Sienna, Solara, Sequoia, Tacoma and Tundra, and Voltz.

Beginning in the fall of 2003, the Lexus RX 330 will be produced at the automaker's plant in Ontario, Canada.

Go back, or read the latest Page Two stories:

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BURBANK – 12/31/08 – The Walt Disney Company has said it will team-up with Media-One Holdings Ltd. to launch a Disney-branded television channel in Russia in 2009; Disney will have a 49% stake in the venture in exchange for a cash investment and content acquisition, according to a recent piece in the Los Angeles Business Journal.


GOLDEN SPOON ENTERS THE GLOBAL MARKET

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PORT OF STOCKTON EXPANDS ITS FTZ

STOCKTON – 12/05/08 – The Port of Stockton has received approval from the US Dept. of Commerce (DOC) Foreign Trade Zones Board for expansion of its Foreign Trade Zone No. 231; the expansion at the nearly 475-acre Opus West Park in East Stockton is the eighth site approved in Stockton by the DOC and is sited adjacent to the Burlington Northern and Santa Fe Railroad line linking Central California with points throughout the country.


NETSUITE GOES LIVE IN SINGAPORE

SAN MATEO – 10/28/08 – Business management software developer NetSuite Inc. has launched a new venture - NetSuite OneWorld in Singapore; the move was spurred by forecasts that that Asia-Pacific software as a service (SaaS) revenues will grow from $274 million in 2007 to around $1.8 billion by 2011.


CHINA’S TASTE FOR CAL WINE GROWS

SONOMA – 08/09/08 – California-based vintner Bronco Wine has forged a deal with Legacy Wine and Spirits International to export a selection of its varietal Hacienda label wines to China; the first container of 750ml bottles of Bronco’s Merlot, Cabernet Sauvignon, Chardonnay, Sauvignon Blanc, Riesling, Gewurztraminer, Viognier, White Zinfandel and Brut Sparkling Wine reportedly left the Port of Oakland last week.


SANDISK REJECTS SAMSUNG ACQUISITION BID

MILPITAS – 09/24/08 – US flash memory maker SanDisk Corp. has reportedly rejected a $5.9 billion bid by top memory chip-maker, Samsung Electronics Co., but said it would not rule out a deal at a better price; SanDisk said in a statement that Samsung's $26-a-share cash offer undervalued the company, but it remained open to a deal with Samsung at a price that recognizes its "intrinsic value."





 

 

 


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