Toyota to manufacture tractors at Indiana plant
Toyota announced this week that its Columbus, IN-based manufacturing plant, Toyota Industrial Equipment Manufacturing, Inc., will begin manufacturing the company’s line of diesel tow tractors.
Toyota announced this week that its Columbus, IN-based manufacturing plant, Toyota Industrial Equipment Manufacturing, Inc., will begin manufacturing the company’s line of diesel tow tractors in May.
“Demand for Toyota’s tow tractors has grown steadily in the North American market in recent years. Manufacturing these products in the U.S.A. allows Toyota to better meet our customers’ needs,” said Shankar Basu, president and CEO of Toyota Material Handling, U.S.A. and a director of TIEM. “By manufacturing domestically, we are improving our speed of delivery for our customers, and helping them keep their operating efficiency as high as possible.”
The 870,000 square-foot Columbus plant is undergoing a 20,000 square-foot expansion to accommodate the additional manufacturing operation. It is the eleventh expansion for
“Placing the diesel tow tractor production at the Columbus plant allowed us to take advantage of several natural manufacturing synergies already in place,” continued Basu.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey