Toyota Awards Sixth Local Contract

January 23, 2008 – Erlanger, KY - Toyota announced today that it has awarded a local construction contract for its new Highlander vehicle assembly plant in Blue Springs, Mississippi. This brings the total number of local contracts to six.

Harrell Contracting Group, based in Ridgeland, Madison County, has formed its third partnership with Homewood, Illinois-based Graycor Construction Company Inc., for construction of the plant’s utility building. Work for this project will begin in February. Harrell employs 150 people in the state of Mississippi.

"Awarding six construction contracts to Mississippi-based firms demonstrates our confidence and commitment to working with local companies," said Bill Jilbert, Assistant General Manager at Toyota Motor Engineering & Manufacturing North America, Inc. "As we prepare for peak construction this summer, we are grateful for the community’s interest in Toyota and ask for their continued support."

Site preparation will continue into this spring and at peak construction this summer approximately 2,000 workers will be on site. The majority of these workers will be from the local area.

In February 2007, Toyota announced that it had chosen a 1,700-acre site in Blue Springs to build the Toyota Highlander SUV. The new plant represents a $1.3 billion investment by Toyota that is expected to hire around 2,000 team members. Vehicle production is scheduled to start by 2010 with annual capacity of 150,000 units. The plant will be named Toyota Motor Manufacturing, Mississippi, Inc. (TMMMS).

Contractors, subcontractors and vendors interested in doing business at TMMMS can visit www.ToyotaSupplier.com.

Company				County			Project/Date Awarded  L&T Construction		Desoto 		Oversee all site preparation work (May 2007)  Harrell Contracting Group	Madison 	Foundation - stamping and paint buildings (Aug. 2007)  West Brothers Construction	Lowndes		Foundation - assembly and body weld buildings (Oct. 2007)  Harrell Contracting Group	Madison 	Construction - press and weld/paint facilities (Dec. 2007)  Yates Construction		Neshoba		Construction - assembly and bold weld facilities (Jan. 2008)  Harrell Contracting Group	Madison 	Construction - utility building (Jan. 2008)    

About Toyota
Toyota (NYSE:TM) established operations in North America in 1957 and will operate 15 manufacturing plants in North America by 2010. There are more than 1,700 Toyota, Lexus and Scion dealerships in North America which sold more than 2.9 million vehicles in 2007. Toyota directly employs over 42,000 in North America and its investment here is currently valued at more than $19 billion, including sales and manufacturing operations, research and development, financial services and design. Toyota's annual purchasing of parts, materials, goods and services from North American suppliers totals more than $30 billion.

Toyota currently produces 11 vehicles in North America, including the Avalon, Camry, Camry Hybrid, Corolla, Matrix, Sienna, Solara, Sequoia, Tacoma, Tundra and the Lexus RX 350. By 2010, Toyota will have the annual capacity to build approximately 2.2 million cars and trucks, 1.45 million engines and 600,000 automatic transmissions. For more information about Toyota, visit www.toyota.com.