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Toyoda Gosei North American Group To Open Plant In Mississippi

Company to invest $19 million and bring 120 jobs to Batesville, Mississippi

Troy, Michigan, March 3, 2008 – Toyoda Gosei North American Group announced its plan to establish a new automotive parts manufacturing plant, located in Batesville, Mississippi. The plant is being established to develop interior and exterior plastic automotive components for the Toyota Motor Manufacturing Mississippi, Inc. (TMMMS), set to begin production in 2010.

The plant will invest approximately $19 million into its establishment. By 2010, it plans to employ 120 employees with sales of $31 million. The 103,300 sq. ft. facility is located on 14.27 acres of land just off Highway 55.

“Today’s announcement by Toyoda Gosei is great news for Batesville and the entire state as Mississippi’s standing in the automotive manufacturing sector continues to grow,” said Haley Barbour, Governor of Mississippi. “I am very pleased this outstanding company is investing and creating new jobs in Mississippi.”

Toyoda Gosei North America currently has nine manufacturing operations in six states in the United States. Toyoda Gosei Missouri Corporation, Toyoda Gosei North American Group’s largest U.S. plant, will support the operation of the new plant.

(Editor's Note: For more information on TG Missouri (TGMO) and Toyoda Gosei North America Corporation, please contact John Wells at: 248.280.7312)

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