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• Chevy Express/GMC Savana Full-Size Vans Redesigned For 2003
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• Toyota West Virginia Names New President
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• Ford And Visteon Reach Settlement On North American Pricing

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News of  March 13, 2002
.

Toyota West Virginia Names New President

During a ceremony with team members today, Mizuno said, "Mr. Toriumi has built a very strong foundation for our company's future. Building from that foundation and working together as one team, we will achieve our goal to be the number one engine and transmission company in the world. I am glad to be a member of the TMMWV team."

Mizuno joined the Toyota Motor Corporation in 1972, after graduating from Tokyo University with a master's degree in mechanical engineering. He has a broad range of experiences at TMC, including both manufacturing and administration. During his first 19 years with TMC, Mizuno worked in the chassis engineering department. In 1991, he was named Project General Manager and then General Manager of the Power Train Department's Production Engineering Planning Division. In 1995, Mizuno was promoted to Deputy General Manager and then General Manager of Machining Division II at TMC's Shimoyama engine plant. In 1997, he was named General Manager of the Machining Division at the Honsha plant where he was responsible for the production and management of chassis and drive train units. Immediately prior to joining TMMWV, Mizuno served as General Manager of the Administration Division at the Honsha plant.

In his final address to team members, Toriumi payed tribute the company's work force and announced the achievement of another production milestone. "Today I am honored to be standing in front of the very best Toyota team members in the world. You have proven that by working together there is nothing you cannot accomplish," Toriumi said. "And I am happy to announce that through your teamwork, you have achieved yet another important milestone: our one millionth engine and transmission."

Toriumi added, "Serving as President of TMMWV and living in West Virginia has been the greatest experience of my career." Mr. Toriumi is returning to Japan where he will continue to serve the Toyota Motor Corporation.

TMMWV currently has about 900 team members. The company produces 4-cylinder engines for the Toyota Corolla and Matrix and the Pontiac Vibe. The facility also produces a V6 engine for the Toyota Avalon and Sienna minivan, and an automatic transmission for the Toyota Camry. In 2003, TMMWV will also produce the engine and transmission for the Lexus RX300. By that time, the planned total investment at TMMWV will be $950 million and yearly production capacity will be 340,000 4-cylinder engines, 200,000 V6 engines, and 360,000 automatic transmissions.

(March 11, 2002)

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