Toyota components supplier to open plant in Mississippi

Toyoda Gosei North American Group announced its plan to establish a new automotive parts manufacturing plant, located in Batesville, Miss. The plant is being established to develop interior and exterior plastic automotive components for the Toyota Motor Manufacturing Mississippi Inc. (TMMMS), set to begin production in 2010.

The plant will invest approximately $19 million into its establishment. By 2010, it plans to employ 120 employees with sales of $31 million. The 103,300-square-foot facility is located on 14.27 acres of land just off Highway 55.

"Today's announcement by Toyoda Gosei is great news for Batesville and the entire state as Mississippi's standing in the automotive manufacturing sector continues to grow," said Mississippi Governor Haley Barbour. "I am very pleased this outstanding company is investing and creating new jobs in Mississippi."

Toyoda Gosei North America currently has nine manufacturing operations in six states in the United States. Toyoda Gosei Missouri Corporation, Toyoda Gosei North American Group's largest U.S. plant, will support the operation of the new plant.

Toyoda Gosei, with headquarters in Aichi, Japan; Troy, Mich.; Zaventem, Belgium and Chonburi, Thailand, is a world-class supplier to the automotive industry. Toyoda Gosei's five product categories include: Body Sealing Systems, Interior / Exterior Systems, Optoelectronics, Fuel System / Functional Parts and Safety Systems. The Toyoda Gosei Group employs more than 23,000 people in 16 countries, located in 57 manufacturing, technical and sales facilities worldwide.