Toyota Investing $28M In Ann Arbor R&D Expansion
ANN ARBOR (WWJ) -- Toyota will invest more than $28 million in two Toyota Technical Center research and development locations in Ann Arbor.
The new growth will support powertrain development capability, specifically in the areas of design, evaluation and calibration on new engine and transmission projects.
"An expansion of this magnitude takes good team work with local partnerships," said Simon Nagata, president of Toyota Motor Engineering and Manufacturing North America Inc. "Our friends at Michigan Economic Development Corporation, Ann Arbor Spark and Ann Arbor Township have been at the table with us to make this expansion possible."
The expansion projects will occur in Ann Arbor and position TTC to develop engines and automatic transmissions for the North American designed and manufactured vehicles. For more than 10 years, Toyota has been manufacturing engines and transmissions in the United States and in the past 20 months Toyota has invested about $2 billion in its North American manufacturing facilities, adding more than 4,000 new jobs.
Toyota Motor Engineering and Manufacturing North America Inc. is responsible for Toyota's engineering design, development, R&D and manufacturing activities in North America. TEMA's Toyota Technical Center operates engineering, research and development offices in Ann Arbor, including Toyota's Collaborative Safety Research Center.