Article: Governor Perry Joins Toyota to Introduce On-Site Suppliers in Texas; Employment, Investment 50% Greater Than Anticipated.

SAN ANTONIO, Dec. 16 /PRNewswire/ -- Eighteen suppliers to be located on the site of Toyota Motor Manufacturing, Texas (TMMTX) will employ 1,500 and invest about $150 million, Governor Rick Perry said today in a news conference. Employment and investment are 50% greater than earlier estimates.

TMMTX will employ about 2,000 team members and invest $800 million in a plant that will produce 150,000 Tundra pickup trucks annually. When production begins in late 2006, on-site suppliers will provide a myriad of parts, materials and logistics services.

"The advantages of locating these suppliers on site include holding down logistics costs as well as the ...

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