Bodine Aluminum to expand in Tennessee
Jackson, TN - Toyota Motor
Manufacturing North America (TMMNA) announced that its subsidiary, Bodine
Aluminum, Inc., will boost employment here by 20 to 220 and investment by
$40 million to $164 million. The expansion will allow Bodine to cast
aluminum cases and housings for additional transmissions announced April
29 at Toyota Motor Manufacturing, West Virginia.
This expansion announcement
comes about seven months prior to the beginning of Bodine's engine block
casting operations in Jackson. In 2003, Toyota announced that this
facility would eventually employ 200 to cast about 1 million engine blocks
annually. Bodine will begin casting aluminum transmission cases and
housings in 2007, and will reach an annual capacity of 270,000.
Atsushi Niimi, president and
CEO of TMMNA, said that Bodine's expansion reflects Toyota's increased
North American manufacturing presence. "With the growing demand for
Toyota vehicles comes a responsibility to build those vehicles where we
sell them. The same is true for parts such as engine blocks and
transmission cases and housings," he said. "The effect includes
good employment opportunities for the people of west Tennessee."
"This expansion is a
testament to the great team members we've hired. We haven't even started
production but our business is growing," said Bodine president Bob
Lloyd. "We're grateful for the support provided by state and local
officials, and the entire community. We have been warmly welcomed."