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Economy Title: Toyota issues layoff notices for final 650 jobs in Northern Kentucky Toyota issues layoff notices for final 650 jobs in Northern Kentucky Dec 13, 2016, 4:56pm EST DBJ Staff Toyota has issued layoff notices for the final 650 jobs in Northern Kentucky, closing the book on what was once the North American manufacturing headquarters for the auto giant. Toyota (NYSE: TM) had previously said it would close its Toyota Motor Engineering & Manufacturing headquarters in Erlanger, Ky., and move the operations to Plano, Texas. The facility had upwards of 2,000 jobs there at one point. Toyota has issued layoff notices for the final 650 jobs in Northern Kentucky, closing the book on what was once the North American manufacturing headquarters for the auto giant. Toyota is reorganizing and relocating business operations, including moving its facilities from 25 Atlantic Ave., Erlanger, KY 41018, to Plano, Texas, according to a Worker Adjustment and Retraining Notification Act (WARN) notice filed by the automaker with the state of Kentucky. "The Company anticipates that it will permanently cease all operations at its Erlanger, Kentucky facilities by the end of 2017," according to the notice from the state of Kentucky. "The relocation of Toyota Motor Engineering & Manufacturing’s operations to Plano, Texas, will affect approximately 648 employees, who will be subject to either job relocation or employment termination." The ripples of the final closing of the facility in the Cincinnati suburb just across the Ohio River includes the jobs lost of many people who lived in Warren and Butler County, as well as serving as a warning for much smaller towns in the Dayton region that are not as large as Cincinnati and would be devastated by the loss of a facility that had that many jobs. Honda, for instance, has 14,000 workers in it's Ohio operations, most of them at the auto assembly plants in Marysville, as well as the engine plant in Anna, both about an hour north of Dayton. In fact, it was the initial news of Toyota's plans to close the Cincinnati-area operations and move them to Texas that set off alarm bells for many local economic development officials who have been working to make sure that doesn't happen here. Toyota also has many suppliers in the region, including ADVICS Manufacturing Ohio in Lebanon that has been expanding and adding hundreds of jobs in recent years, although it's unlikely the closing of the headquarters in Northern Kentucky will impact its local suppliers. One of the possible negative impacts on Southwest Ohio manufacturers from the moving of the Toyota offices to Texas is the end of a more than two-decades-old event it hosted in Cincinnati. The Cincinnati Business Courier reported that Toyota's annual event promoting diversity of its supply chain and showing off minority- and women-owned businesses was expected to move as well when the company departs the region. The two-day event looks to open doors for minority- and women-owned businesses at Toyota and the auto manufacturer's suppliers. The event typically draws around 1,700 attendees and has resulted in more than $250 million in contracts to date, according to the CBC story last year. Post Comment Private Reply Ignore Thread |
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