Toyota President vows to continue US operations

March 26, 2019

March 26, 2019

Toyota’s President Akio Toyoda speaks to The Economic Club of Washington, D.C (Courtesy Shuji Nakayama)


Akio Toyoda, President of Japan’s Toyota Motor, has stated that regardless of the direction taken by the company, Toyota will “never leave the United States,” according to Nikkei Asian Review. The statement was given as part of a speech to the Economic Club of Washington, D.C., just a day after Toyota announced new investments worth nearly $750 million in its US operations.

The recent investment and reinforced commitment to the USA comes amid rising pressure from US President Donald Trump to boost American manufacturing, and continued threats of increased tariffs on foreign automotive imports. With Toyoda’s visit to Washington, the automaker is thought to have sought to emphasise its contributions to the US economy ahead of planned trade negotiations between the US and Japan in April.

Speaking through an interpreter, Toyoda outlined Toyota’s history and the recent induction of Toyota founder Kiichiro Toyoda into the U.S. Automotive Hall of Fame. While he did not directly mention the topic of the US’s import tariffs, he thanked the US for playing a key role in the company’s success and went on to state, “I just don’t know why they call [imported vehicles] a national security threat. That really makes me feel sad. I hope that this kind of conversation can go away.”

Toyoda added that by 2021, the company will have made a total investment of $13 billion in its US operations, including expansion of its production facilities in Alabama, exceeding its 2017 promise to invest $10 billion over five years. The new investments include adding Toyota RAV4 Hybrid and Lexus ES 300 Hybrid vehicle production at its Georgetown, Kentucky, manufacturing plant; expanding engine capacity at its Huntsville, Alabama, facility; doubling hybrid transaxle capacity at its plant in Buffalo, West Virginia,; and a building expansion for additional castings at Bodine Aluminum’s Jackson, Tennessee, facility, as well as additional castings at its Troy, Montana, facility.

On the announcement of the company’s expanded US investment, Jim Lentz, CEO, Toyota Motor North America, commented, “These latest investments represent even more examples of our long-term commitment to build where we sell. By boosting our US manufacturing footprint, we can better serve our customers and dealers and position our manufacturing plants for future success with more domestic capacity.”

March 26, 2019

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • From powder modification to rejuvenation: Fluidised Bed Reactors in metal powder production and Additive Manufacturing
  • Retech: Enabling the atomisation of reactive and refractory alloys at substantially higher levels of productivity and lower cost
  • Sustainability in Powder Metallurgy: Highlights from the 41st Hagen Symposium
  • Innovations from Japan’s Powder Metallurgy industry: award winners highlight novel automotive and healthcare applications

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.


Browse the archive


Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
View online
Share via
Copy link