(Photo Courtesy of the Governor's Office)
NAGOYA, Japan – Governor Mike Pence closed his first jobs and economic development mission to Japan today, meeting with Toyota Motor Group president and chief executive officer Akio Toyoda and other Toyota Group business leaders.
“The motor of Indiana’s economy runs in part from Japanese automotive companies like Toyota, further evidence that Japan is one of Indiana’s most important bilateral relationships,” said Pence. “Combined with its suppliers, Toyota employs thousands of Hoosiers in all corners of our state. It was a true honor to spend time with Mr. Toyoda today, discussing Indiana’s story and how our low-tax policies, central location and talented workforce continue to make Indiana a good decision for Toyota’s business.”
The governor began the day calling on Toyota Boshoku Corp., where he visited with company leadership. In 2007, Toyota Boshoku announced plans to build a 200,000 square-foot metal stamping and assembly operation in Princeton and hire 200 team members. The company primarily supplies seat frames and components for the nearby Toyota assembly plant.
The governor then met with Toyoda and other leaders at Toyota Motor Corporation, the world’s third largest automobile manufacturer. In July, Toyota announced plans to increase production of the Highlander mid-size SUV in late 2014 with a $30 million investment in its Princeton operations, creating more than 200 new jobs. The Princeton location is one of only four Toyota automotive manufacturing facilities in the United States.
Next the governor met with Akira Onishi, president of Toyota Industries Corp., part of the Toyota Group. Through a joint venture with Toyota Motor Corp., the company operates Toyota Industrial Equipment Manufacturing in Columbus, which is Toyota’s main North American forklift manufacturing location. Another Toyota Industries company, Toyota Material Handling USA, announced last year plans to relocate its North American headquarters for materials and equipment handling from Irvine, Calif. to Columbus.
Later in the afternoon, the governor joined Kenji Kunieda, president of Tsuda Industries Co., Ltd., to thank him for the company’s recent investment in Indiana. Last year, Tsuda announced plans to invest $56.2 million to locate its first North American facility in Mount Comfort, creating up to 116 new jobs. The company is currently in the process of constructing a 50,000 square-foot facility to manufacture automotive parts for Toyota operations across the county.
“This is a moment of opportunity and excitement, both here in Japan and back home in Indiana,” said Pence. Indiana stands to capitalize on our strong relationship with Japanese companies, many of which already have thriving operations in the Hoosier State. During this trip, I took the opportunity to thank them for their investment and share why Indiana is a state that works for what’s next.”
The governor concluded his meetings for the day with chairman Kanshiro Toyoda and president Fumio Fujimori of Aisin Seiki, parent company of Aisin USA., which is a large automobile parts supplier for Toyota Motor Manufacturing, Indiana. Aisin has ten companies and nine operations across the state, with collective employment of more than 2,900 Indiana workers.
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