Toyota Announces Manufacturing Executive Changes
ERLANGER, Ky. (May 2, 2011) – Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) announces the following senior management changes, effective immediately:
• Shigeki Terashi, 57, has been named TEMA’s president and chief operating officer. Mr. Terashi will be dual capped as president of TEMA and the Toyota Technical Center (TTC) in Ann Arbor, Michigan. Previously, he was executive vice president of TEMA and president of TTC.
• Mr. Terashi replaces Tetsuo Agata, 58, who will return to Japan for a new assignment.
• Kazuhiro Miyauchi, 54, has been named TEMA’s executive vice president of purchasing, production control and logistics control. Previously, he served as managing officer for Toyota Motor Corporation’s purchasing project management and unit parts division.
Toyota (NYSE:TM) established operations in North America in 1957 and currently operates 14 manufacturing plants, including one under construction. There are more than 1,800 Toyota, Lexus and Scion dealerships in North America which sold more than 2 million vehicles in 2010. Toyota directly employs more than 35,000 in North America and its investment here is currently valued at more than $23 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 nearly $25 billion. Toyota currently produces 12 vehicles in North America, including the Avalon, Camry, Corolla, Highlander, Matrix, RAV4, Sienna, Sequoia, Tacoma, Tundra, Venza and the Lexus RX 350. For more information about Toyota, visit www.toyota.com or www.toyotanewsroom.com.
Contact: Tania Saldana (859) 746-7796