Manufacturing company to expand Buffalo plant, a $64 million investment
Toyota Motor Manufacturing West Virginia will be expanding its Buffalo plant, adding an additional $64 million investment in the facility bringing with it 40 new jobs
Toyota Motor Manufacturing West Virginia (TMMWV) officials announced a major expansion of its Buffalo plant, saying the company would be adding an additional $64 million investment in the facility bringing with it 40 new jobs.
With this new investment, the total number of jobs at the Buffalo plant will exceed 1,100. Toyota will produce additional 6-speed automatic transmissions at the facility. The expansion will allegedly bring TMMWV's annual transmission capacity to nearly 400,000. The expansion raises total employment to approximately 1,100 and total plant investment to $1.26 billion.
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- Edited by Amanda McLeman, Plant Engineering, www.plantengineering.com
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2012 Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.