Toyota recently announced plans to invest $62 million at its Bodine Aluminum plant in Troy, Missouri. The investment comes as part of Toyota’s larger investment of $750 million across five U.S. plants.
“These latest investments represent even more examples of our long-term commitment to build where we sell,” said Jim Lentz, chief executive officer for Toyota Motor North America. “By boosting our U.S. manufacturing footprint, we can better serve our customers and dealers and position our manufacturing plants for future success with more domestic capacity.”
Toyota said the investments at the Troy plant will provide equipment that allows it to produce an additional 864,000 cylinder heads, used in every Toyota and Lexus manufactured in the U.S. The Troy plant’s 900 employees currently produce more than 3 million cylinder heads a year.
You can learn more about Missouri’s strengths in automotive manufacturing on our industry page here.
For more information on why Missouri could be a prime location to launch or grow your business, contact Subash Alias, Interim CEO of Missouri Partnership, at 314.932.3973 or via our contact form. We’d be happy to answer any questions you might have, and show you how Missouri Partnership can help with your business expansion, collaboration and investment needs.
What Next?
Cosmos Corporation, a pet care manufacturing company, announced plans to expand its world headquarters to O’Fallon, Missouri. The $25.7 million facility will be the site for all administration, manufacturing and distribution ... Read More
Toyota recently announced plans to invest $62 million at its Bodine Aluminum plant in Troy, Missouri. The investment comes as part of Toyota’s larger investment of $750 million across five U.S. ... Read More
The U.S. Army awarded Washington University in St. Louis, Missouri, a $10 million grant to study hearing loss. The researchers at Washington University’s School of Medicine are investigating the effectiveness of ... Read More
GESS International, a highly experienced and globally established renewable energy service company, is expanding with four new Green Energy Biogas Plants across Missouri. The plants will bring more than $145 million ... Read More
Columbia, Kansas City and St. Louis, Missouri, have each been named among the “Best Places To Live In 2019” by Livability. The study looked at more than 1,000 cities with populations ... Read More
Did you know today is National Ag Day? With agriculture being an $88 billion industry in Missouri, you can be sure it’s a holiday that we don’t like to miss. Every ... Read More
SwipeSum, a financial services technology firm, has announced the location of its new headquarters in the Laclede’s Landing neighborhood of St. Louis, Missouri. The company announced their decision to relocate to ... Read More
A Virgin Hyperloop One executive highlighted Missouri’s effort to land a stretch of the high-speed transportation during the Kansas City Outpost event Sunday at South by Southwest. The hyperloop panel discussion ... Read More
Central Service and Supply, Inc., an advanced manufacturer headquartered in Des Moines, Iowa, has announced the selection of Macon, Missouri, as the location of their new advanced manufacturing facility citing access ... Read More
Mumbai-based CGS Infotech and US-based Cyberweb Hotel, LLC, have launched the Technology Innovation Center in the heart of St. Louis’ Cortex Innovation Community. The new Center is located at CIC St. ... Read More