Bodine Aluminum Announces Production Expansion
16 January 1998
Bodine Aluminum Announces Production ExpansionTROY, Mo., Jan. 16 -- Bodine Aluminum, Inc. announced today that it is expanding production at its Troy facility. The expansion represents an additional investment of $80 million and close to 100 new jobs. Bodine, a subsidiary of Toyota Motor Manufacturing North America, is an aluminum foundry with plants in Troy and St. Louis. "We are very excited about Toyota's additional investment in Missouri," said Governor Mel Carnahan. "This is a true indication of Toyota's confidence in our state and our workforce." This announcement coincides with a V6 engine expansion at Toyota Motor Manufacturing, West Virginia (TMMWV), Toyota's plant that is currently under construction to build 4-cylinder engines. Bodine's expansion will produce engine blocks and cylinder heads for V6 engines that will be made in TMMWV's expanded facility. With this expansion, Bodine's production will increase by 200,000 units annually, double its current V6 production. These parts will be included in engines for Camry-based vehicles, specifically Camry, Avalon, Sienna and Solara, Toyota's new coupe that will be produced in Canada later this year. The expansion also brings Bodine's total investment in Missouri to $345 million. "This expansion announcement is proof of Toyota's commitment to growth in North America," said Robert Lloyd, President of Bodine. "We are thrilled about the opportunity this presents for our facility and our team members." The additional jobs will raise Bodine's total employment to approximately 900. Hiring for the new positions is expected to begin in the spring of 1999. Bodine will use state agencies for applicant evaluation. Those who already have active applications for the original plant will also be considered for these jobs. Bodine currently supplies 4-cylinder and V6 engine castings to Toyota Motor Manufacturing, Kentucky in Georgetown. It will also supply 4-cylinder engine parts for TMMWV. SOURCE Toyota Motor Manufacturing North America, Inc.