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Some figures on Toyota’s economic impact in the USA. Toyota North American vehicle manufacturing totals:
From Toyota’s web site: Toyota Manufacturing in the USA: by 2008, Toyota will have the annual capacity to build 1.81 million cars and trucks, 1.44 million engines, and 600,000 automatic transmissions in North America.
The company’s direct employment in North America is more than 38,000 and direct investment is nearly $16.8 billion with annual purchasing of parts, materials, goods and services from North American suppliers totaling an additional $26 billion.
Toyota Touts Impact on U.S. in Billboards:
Overview of Toyota’s North American Engineering and Manufacturing
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August 20th, 2006 at 7:52 pm
[...] Toyota’s new Texas plant is coming on line and will further increase Toyota’s contribution to the US economy, by buying from local suppliers and most importantly by working with local suppliers: And he’s well-acquainted with those 21 on-site suppliers, which Toyota refers to as equal partners and a vital component in this ahead-of-the-industry endeavor. [...]
September 14th, 2006 at 7:25 pm
[...] Read more about lean manufacturing (Toyota Production System) that values the performance improvement over short term savings on our management improvement blog. The kind of thing that allows Toyota to make a great deal of money manufacturing in the USA while Ford and GM can’t seem to do as well. The hiring of engineers is another example why manufacturing is so important to an economy (other valuable jobs like engineering are associated with it). And another example of why having engineers is so important (without them convincing manufacturers to move will be difficult (and those you do will often be short sited companies that don’t provide the value to an economy that companies like Toyota do). [...]
May 30th, 2008 at 8:31 am
Toyota uses roughly 500 major suppliers in North America. “We’ve always had the philosophy that we should build vehicles where they are sold, so it makes sense to have suppliers close to your manufacturing operations,”
June 22nd, 2009 at 6:49 pm
We should all be grateful that Toyota is helping out the US economy. My cousin landed a job with Toyota last week. Thanks Toyota for helping us during the hard times.