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Nummi facility in Fremont, Calif.  (Source: The Auto Channel)
The last auto manufacturing plant on the west coast will close, Toyota confirms

The last remaining auto-making facility on the west coast will close in March now that Toyota confirmed rumors the plant will close at some point next year.

Toyota's board voted to halt production at the Nummi plant in Fremont, California, a facility built in 1984 that Toyota shared with General Motors.  GM ended the partnership several months ago, which immediately started rumors of a possible plant closure sometime in 2010.

The Nummi plant produces the Toyota Corolla, Matrix, and Tacoma along with the Pontiac Vibe (which is being killed along with the Pontiac brand).

United Auto Workers union members have entered negotiations with New United Motor Manufacturing officials, attempting to see if there is any way Toyota will keep the factory open longer.  The Nummi facility served as Toyota's first  manufacturing foray in the United States, with Nummi employees saying it was them who helped shape Toyota's success.

Toyota, which hasn't had to close a plant outside Japan, was rumored to announce the plant's closure last spring.  Nummi currently employs 4,600 employees, and if Toyota halts production, then the plant's closure will put all of those employees out of work.  Furthermore, supports indicate the ripple effect from Nummi's closure could impact up to 50,000 people.

Toyota is expected to reduce worldwide capacity from 1 million vehicles down to 700,000, with the Nummi closure expected to help Toyota reach that goal.



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RE: All GM's fault
By Spuke on 8/28/2009 3:38:23 PM , Rating: 3
quote:
Toyota has its headquarters in Japan. GM has its headquarters in AMERICA. I think your logic is flawed.
I think your "logic" is flawed. Since EVERY single automaker is a publicly traded company with global presence, profits from each company goes all over the world. Do you know what a stockholder is? Where do you think those people live? I'll help you with this one. These stockholders live EVERYWHERE. They just don't live in the US, they live in friggin Saudi Arabia, Vietnam, China, etc. When you buy products from a GLOBAL company that sells its shares GLOBALLY, your money goes everywhere.

Do you think that GM or Toyota has a department where they separate their revenues into domestic and foreign? LOL! Everything goes into the pot. And that pot exists everywhere. Your money might go directly into the King of Saudi's pocket as a dividend payment or it might go to build a new factory in Ireland. No car company is domestic or foreign, those days are long gone and never coming back. Live free, buy what you want.


RE: All GM's fault
By Smilin on 8/28/2009 5:21:40 PM , Rating: 3
Some are not publicly traded like Chrystler I believe?

Your point is still 100% valid though.

If paychecks are going to american workers and profits are being shared to american shareholders what else do you really want?

In fact since GM is in the toilet it basically means more money from toyota is going into american hands than money from GM.


RE: All GM's fault
By 3minence on 9/2/2009 9:10:56 AM , Rating: 2
I believe Japanese companies can only be owned by Japanese citizens. They can do partnerships with foreign businesses but to companies in Japan are Japanese. It's been a while since I looked at this so it may have changed, but I think your basic premise is flawed.


"Spreading the rumors, it's very easy because the people who write about Apple want that story, and you can claim its credible because you spoke to someone at Apple." -- Investment guru Jim Cramer














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