Home » NEWS » Manufacturing » Toyota: Shutdown of North American factories inevitable

Toyota: Shutdown of North American factories inevitable

LOUISVILLE, Ky. — A Toyota Motor Corp. spokesman says it’s inevitable that the company will have to shut down its North American factories due to shortages of parts from Japan.

Spokesman Mike Goss says the shutdowns are likely to take place later this month, affecting about 25,000 workers. But he says no layoffs are expected.

He says the length of the shutdowns is unknown and depends on how fast earthquake-damaged Japanese parts factories get back in operation.

Toyota gets about 15 percent of its parts from Japan for cars and trucks built in North America.

The company has more than a dozen North American factories.

Goss made the comments today before an appearance in Louisville by Toyota’s head of North American operations.

Source: Associated Press

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Megan Wright

One comment

  1. If Japan’s damaged nuclear reactors continue to leak radiation into the air and oceans, many industries may be damaged financially by radiation contamination. For example fishing industries. How far will millions of gallons of radioactive water travel that has been dumped from damaged Japanese reactors? Will seafood be contaminated for generations affecting many countries? If Japan’s damaged nuclear reactors continue leaking radiation into the air could that over a period of time cause dangerous levels of radiation to be absorbed by U.S. farm crops and cattle, making U.S. farm foods unmarketable; cause U.S. food shortages and high prices. Could several of Japan’s industrial products become too radioactive to export? So much for clean nuclear energy.

    In the U.S. most nuclear reactors have to be subsidized by taxpayers. When nuclear reactors leak as shown in Japan, it can be hugely expensive; and unaffordable when damaged reactors melt down spreading high levels of radiation. In the U.S. too many nuclear reactors are close to large U.S. populations; 300 miles is close when communities are downwind. In addition to catastrophic health costs, a leaking reactor can contaminate for decades, destroy the value of real estate of entire cities and shutdown industries. The potential risks of building more nuclear reactors and continuing to operate old reactors in the U.S. cannot be justified considering the potential catastrophic downside. The U.S. has approximately 104 nuclear reactors. From a military standpoint, U.S. enemies would need only target U.S. nuclear reactors to spread deadly radiation to large cities crippling America. Nuclear reactors are a losing bet when you consider the downside.

Leave a Reply

Your email address will not be published. Required fields are marked *

*