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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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.