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Sep 07, 2023Toyota to invest $27 million to expand TABC’s manufacturing capabilities
Toyota Motor North America (TMNA) has announced it will make a $27 million investment in its Toyota Auto Body Co. (TABC) operation in Long Beach, Calif., to support an increase in production capabilities.
The investment will equip TABC with the first coil-fed laser blanking line for TMNA, expand blanking capability to include steel and aluminum on the same line, and increase capacity to cut 5.6 million blanks annually. These added capabilities will enable TABC to better support Tacoma production at TMNA facilities in Baja, Calif., and Guanajuato, Mexico.
The investment also will support the transition of 25 TABC variable employees to permanent positions with Toyota.