Frisco, Texas (March 16, 2016) — Toyota today hosted its second annual supplier diversity event in North Texas at the Embassy Suite Dallas Frisco Convention Center & Spa. “Power of Exchange 2016” offered local Minority Business Enterprises (MBEs) and Women Business Enterprises (WBEs) a valuable forum to network and connect with Toyota’s Tier I suppliers, and provided access to Toyota’s sales, marketing, and professional services.
“We are so pleased to be hosting another extremely successful Power of Exchange event in North Texas,” said Bonnie Clinton, Chief Procurement Officer for Indirect Procurement at Toyota Motor Sales, U.S.A., Inc. “This dynamic forum is an important affirmation of Toyota’s commitment to diversity and inclusion as we work with our supplier partners to achieve their diverse business development goals. We are committed to having a supplier base which closely reflects the diversity of both our customers and our team members who build Toyota vehicles in North America. It is also very important for Toyota as we continue to develop meaningful new relationships in our new home in the Dallas-Fort Worth Metroplex.”
The day-long event began with a morning session of panel discussions that included representatives from MBE suppliers who gave accounts of how they won business from Toyota. It also included discussion from Toyota executives on the importance of supplier diversity to the Company. The afternoon session put these learnings into practice and gave attendees a chance to network through a reverse tradeshow that featured Toyota’s indirect Tier 1 suppliers showcasing their companies and discussing their respective contracting requirements.
Keynote speakers at this year’s event included Albert Shen, National Deputy Director of the U.S. Minority Business Development Agency, and Texas State Senator Royce West.
Toyota (NYSE:TM), the world's top automaker and creator of the Prius and the Mirai fuel cell vehicle, is committed to building vehicles for the way people live through our Toyota, Lexus and Scion brands. Over the past 50 years, we’ve built more than 30 million cars and trucks in North America, where we operate 14 manufacturing plants (10 in the U.S.) and directly employ more than 42,000 people (more than 33,000 in the U.S.). Toyota operates 1,800 North American dealerships (1,500 in the U.S. alone which sold almost 2.5 million cars and trucks in 2015) – and about 80 percent of all Toyota vehicles sold over the past 20 years are still on the road today.
Toyota partners with philanthropic organizations across the country, with a focus on education, safety, and the environment. As part of this commitment, we share the company’s extensive know-how garnered from building great cars and trucks to help community organizations and other nonprofits expand their ability to do good. For more information about Toyota, visit www.toyotanewsroom.com.