business

Toyota to invest $600 mil, add 400 jobs at Indiana plant

16 Comments

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16 Comments
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Toyota's new American plant probably utilize more automated production than employing laborers in Indiana.

0 ( +0 / -0 )

Thanks Mr. Trump!

-2 ( +0 / -2 )

America's unemployment rate is low already but many Americans are not satisfied with current employment.

Yep, pretty low, except when you consider that more than one third of the population in not in the workforce, that an all time record number of people are now working part time, and that one-third of all Americans collect at least some form of public assistance.

If Americans are unsatisfied with their current employment, I think they have good reason to be.

this was planned well before Trump even ran for POTUS

The announcement came out yesterday, does that mean Trump isn't president yet?!

Japan is now looking at more than fair possibility that Trump will back up his pledge to restrict Japanese imports if American goods are not allowed equal access to the Japanese market. If this turns out to be the case, the expansion at the Indiana plant will be followed by others.

UAW will be disappointed

So will Pfizer, as the UAW's insurance plan is the world's largest purchaser of Viagra.

1 ( +1 / -0 )

Thanks Mr. Trump!!! We all love you!!! this was planned well before Trump even ran for POTUS, but Toyota will be more than happy to let Trump claim responsibility if it get him off their backs.

-1 ( +0 / -1 )

But I'm guessing that Trump has his intention of America's hardware manufacturing industry revival. Today, America's competitive business is finance, high tech, pharmacy, services in consulting, accounting and legal etc. America is a country of very highly skilled people. Time of orthodox factory workers in manufacturing industry is over in America. But he wants that time back.

He may be right for wanting that. Considering the population of America, they would need huge amount of ordinary manufacturing business that provides well paid full time decent jobs instead of low pay part time jobs.

America's unemployment rate is low already but many Americans are not satisfied with current employment. They want to work harder on more decent jobs earning more money and safety for future.

I wonder what area of business could provide that. Ship building? infrastructure? natural resources? Trump needs to come up with the answer to that. Car factories shouldn't be enough. That's not the answer.

-1 ( +0 / -1 )

If US car makers make tight side handled carts for exporting to Japan, some Japanese may buy in Japan. Cadillac will sell well.

-1 ( +0 / -1 )

Toyota says the investment was planned before the election and is not related to Trump.

That won't stop him claiming credit for it.

4 ( +4 / -0 )

These investments are considered long in advance. Trump had nothing to do with this

OK....

-2 ( +1 / -3 )

These investments are considered long in advance. Trump had nothing to do with this.

2 ( +2 / -0 )

The catch is, Toyota's investing US is good for Toyota anyway, there is nothing wring about it.

BTW Trump wants Japanese to by American cars just like Americans buy Japanese cars. That will happen only when American motor companies invest the same amount of money and efforts in Japan as Japan has spent in American market for decades.

American motor companies have not been doing anything in Japan. BMW Japan worked hard for decades in Japan since early '80s to sell their cars therefore we have a lot of BMWs today while no American cars in Japan. Shame on American "business" they just failed.

1 ( +2 / -1 )

Toyota says the investment was planned before the election and is not related to Trump.

!

3 ( +3 / -0 )

Japan has no spine!!!

-1 ( +0 / -1 )

Well, on a ideological level, Toyota is feeding the monster with a move like this.

But on a business level, it's pretty smart. Trump seems to favor those who favor him, so doing something like this is likely to gain favor.

0 ( +1 / -1 )

Hmm I'm suprised there's no opposing words from the usual crew. Crickets are loud.

-4 ( +0 / -4 )

UAW will be disappointed. Toyota is not unionized.. Who is governor of Indiana?

0 ( +1 / -1 )

Thanks Mr. Trump!!! We all love you!!!

-5 ( +1 / -6 )

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