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Contracts Awarded for $200 Million Automotive Stamping Plant in Mississippi

Plans are to construct an approximately 520,000-square-foot building on a 100-acre site to produce stamped, body weld and plastic parts for the Toyota Motor Manufacturing ...

Released Friday, April 11, 2008

Contracts Awarded for $200 Million Automotive Stamping Plant in Mississippi

Researched by Industrial Info Resources (Sugar Land, Texas)--Toyota Auto Body Company Limited (Erlanger, Kentucky) has selected Shimizu Corporation (Guntown, Mississippi) to provide general construction services and SSOE Incorporated (Toledo, Ohio) to provide architectural services for a $200 million grassroot automotive stamping plant in Baldwyn, Mississippi.

Plans are to construct an approximately 520,000-square-foot building on a 100-acre site to produce stamped, body weld and plastic parts for the Toyota Motor Manufacturing North America's plant in Blue Springs, Mississippi. (TMMS). Site preparation began in March 2008 with building construction anticipated to begin in May. Overall completion is slated for spring 2010.

Approximately 400 jobs will be created initially. The new plant will operate under the name Auto Parts Manufacturing Mississippi. TAB was the first company announced to supply parts to the new Blue Springs plant.

Another company that will supply part to the Toyota plant in Blue Springs is Toyoda Gosei North America Corporation (Troy, Michigan). Toyoda Gosei is getting ready to begin renovations of an existing building in Batesville, Mississippi. The new plant is estimated to cost $19 million and will supply interior and exterior components for the plant. Toyoda is negotiating with a general contractor at this time.

Toyota Auto Body Company Limited was founded in 1945 in Kariya, Japan. The company assembles minivans, recreational vehicles, compact trucks and specially equipped vehicles. The company has five plants in Japan, one in Taiwan, one in Indonesia and one in Thailand. They are owned 57% by Toyota Motor Corporation (NYSE: TM) (Toyota, Japan), Japan's No. 1 carmaker. TAB is listed on the Tokyo Stock Exchange under the symbol 7221.

View Plant Profile - 1074183 1072272
View Project Report - 03002967

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services.
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