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Politics : Politics for Pros- moderated

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From: LindyBill	4/24/2007 8:11:40 PM
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We All Benefit Larry Kudlow blog A quick thought regarding today's news that Toyota surpassed GM for the first time ever in global sales during the first quarter: Toyota currently operates four vehicle assembly plants (with two more under construction) here in the United States. They've got facilities in Texas, California, Indiana, and Kentucky. The new $1.3 billion Mississippi Highlander plant is scheduled to go live in 2010. Toyota also runs two engine plants in Alabama and West Virginia. Bottom line? Toyota's created a ton of good jobs here in the U.S. The actual number is somewhere in the neighborhood of 25-30,000 jobs. And that number doesn't include all the additional jobs created in those areas as a direct byproduct of Toyota's hiring. It's yet another example heralding the benefits of free trade. The real story is that Toyota is a great example of insourcing—of course made possible by free trade. Here's a rundown of Toyota's U.S. operations: Toyota operates FOUR vehicle assembly plants (with TWO MORE under construction) in the U.S.: • A Kentucky plant produces the Avalon, Camry, Camry Hybrid, and Camry Solara. • An Indiana plant produces the Tundra, Sequoia, and Sienna. • A California plant (a joint venture with GM) produces the Corolla and Tacoma and Pontiac Vibe. • A Texas plant produces the Tundra. • Toyota will start producing Camrys at Subaru of Indiana Automotive (SIA) this spring in Lafayette, Indiana. • Toyota will begin construction on its Mississippi Highlander facility this spring Toyota also operates two engine plants in the U.S.: • A plant in West Virginia produces four-cylinder and V6 engines and automatic transmissions. • A plant in Alabama produces V6 and V8 engines. kudlowsmoneypolitics.blogspot.com tinyurl.com

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