August 17, 2017 9:41 PM ET

Automobiles

Company Overview of Toyota Motor Engineering & Manufacturing North America, Inc.

Company Overview

Toyota Motor Engineering & Manufacturing North America, Inc. engineers, designs, develops, researches, and manufactures automobiles in the United States, Mexico, and Canada. It manufactures passenger cars, minivans, commercial vehicles, and related parts and accessories. The company offers production and product planning, upper body planning, and evaluation for vehicles manufactures in North America. Toyota Motor Engineering & Manufacturing North America, Inc. was formerly known as Toyota Motor Manufacturing North America, Inc. and changed its name to Toyota Motor Engineering & Manufacturing North America, Inc. in April 2006. The company was founded in 1996 and is based in Erlanger, Kentucky...

25 Atlantic Avenue

Erlanger, KY 41018

United States

Founded in 1996

Key Executives for Toyota Motor Engineering & Manufacturing North America, Inc.

President and Chief Executive Officer of North America Region
Age: 62
Executive Vice President and President of Toyota Technical Center
Age: 63
President of Toyota Motor Manufacturing West Virginia, Inc.
President of Toyota Motor Manufacturing Mississippi, Inc.
Executive Technical Advisor & SVP - Supplier Commodity Engg, Ops Mgmt & Development
Compensation as of Fiscal Year 2017.

Toyota Motor Engineering & Manufacturing North America, Inc. Key Developments

Toyota Lays Out Erlanger Exit Plan

Toyota will spend much of 2017 winding down its operation in Erlanger as part of the company's relocation to Texas. In a layoff notice sent to Kentucky officials, Toyota Motor Engineering & Manufacturing said on December 12, 2017 it would shutter its Northern Kentucky headquarters by the end of 2017. Toyota said the move will affect 648 workers. The layoffs are expected to begin January 3, 2016 and continue through the end of 2018.

Toyota Motor Corporation Announces the Expansion R&D Facilities At Toyota Motor Engineering & Manufacturing (China) Co., Ltd

Toyota Motor Corporation announced the expansion of R&D facilities at Toyota Motor Engineering & Manufacturing (China) Co. Ltd. This is in accordance with the initial investment plan, which had been created at the time of the establishment of the R&D facilities. Specifically, the plan includes improvements to the existing laboratory facility, construction of a new laboratory, creation of a battery evaluation and test facility, as well as improvements to test tracks on the premises. These are scheduled to be completed from late 2018 onwards. TMEC was established in 2010, in line with Toyota's aim to produce cars in China for the Chinese market. To this end, TMEC was created with the intention to emphasize on the localization and strengthening of organizational development in the country. Since then, TMEC has worked toward the promotion and expansion of cars that are equipped with China-made hybrid systems for the Chinese market. In 2012, Toyota Motor (Changshu) Auto Parts Co. Ltd., was created as the local production company for the main hybrid system (hybrid vehicle transaxle). This was followed by the establishment of the Sinogy Toyota Automotive Energy System Co. Ltd. (STAES), a hybrid battery production company in 2013. Altogether, these developments led to the October 2015 launch of the Corolla Hybrid and the Levin Hybrid which are fitted with China-made hybrid systems. Toyota has been using each of the distinct characteristics of hybrid, plug-in hybrids, electric, and fuel cell vehicles to develop and promote the full range of eco-cars. The Chinese government is currently promoting eco-cars under its Energy-Saving and New Energy Automotive Industry Development Plan. In line with this plan, Toyota is planning the introduction of plug-in hybrids under its Corolla Levin lineup, in addition to its current effort to promote the wider use of hybrid vehicles.

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