Toyota cutting back production

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By Stephen Lega

The Toyota Motor Corporation is expecting reduced production for the remainder of 2011 in the aftermath of the earthquake and tsunami that affected Japan earlier this year.

Toyota officials announced in a press release that the company's Japanese factories are operating at 50 percent of capacity and North American factories are at 30 percent of capacity. The company hopes to ramp up production in Japan in July and in North America in August. The one-month difference reflects the time required to ship parts from Japan to North America, according to the company.

Marion County Economic Development Director Tom Lund said local factories have been affected.

"It impacts a few of our industries, and, of course, they are our bigger industries," he said.

Curtis-Maruyasu America, NSU Corporation, TBMK and TG Kentucky primarily supply parts to Toyota, Lund said. He added that two factories scheduled to open this year, PDCI and Fuel Total Systems, will also supply parts primarily to Toyota. Some other local factories, such as Angell-Demmel North America are secondary suppliers for Toyota, Lund said.

The companies that are Toyota suppliers are expecting a slow down in production, although Lund said he did not know to what extent at this point.

Calls to Curtis-Maruyasu, NSU Corporation, TBMK and TG Kentucky were not returned as of press time.

Toyota officials reported that they intend to return to full capacity by November in Japan and by December in North America.