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Jim Howe said:
Toyota's direction based on a speech by the President Fujio Cho back in 2004 and their recent developments with facilities in the U.S. may shed some light on the matter. See Attachment.
Fujio Cho: "Really, what it comes down to is that a company achieves globalization… by localization. And successful localization can help with overall globalization."
Toyota has started hiring for the San Antonio facility, I think there is an additional facility to be in Michigan. Toyota is even discussing how to build Camry's at a Subaru facility: Toyota-Subaru
Wayne
