Gadget Insiders
  • Android
  • Apple
  • Gaming
  • iOS
  • PC
  • Phones
  • Playstation
  • Reviews
  • Samsung
  • Xbox
No Result
View All Result
  • Android
  • Apple
  • Gaming
  • iOS
  • PC
  • Phones
  • Playstation
  • Reviews
  • Samsung
  • Xbox
No Result
View All Result
Gadget Insiders
No Result
View All Result
Home Automobiles

Toyota Announces Closure of Its Largest Auto Parts Manufacturing Facility in Marion, Affecting 1,300 Employees

Prashant Chaudhary by Prashant Chaudhary
June 8, 2024
in Automobiles
Reading Time: 2 mins read
0
Major Blow to Marion Toyota's Largest US Plant Shuts Down, Over a Thousand Jobs Lost

In a significant shift in its U.S. operations, Hino Motors Manufacturing U.S.A., a subsidiary of Toyota, has announced the closure of its largest auto parts manufacturing facility in Marion, Arkansas. This move is set to affect approximately 1,300 employees by the end of 2027. The plant, operational since 2006, has been a major production site for truck frames and axles not only for Hino commercial vehicles but also for Toyota.

Major Blow to Marion Toyota's Largest US Plant Shuts Down, Over a Thousand Jobs Lost
“Toyota’s subsidiary, Hino Motors, announces the shutdown of its largest U.S. plant, affecting the livelihoods of 1,300 workers.”

Reasons Behind the Closure

According to a recent announcement on the company’s website, the decision to shut down operations stems from the challenge of achieving “sustainable profitability.” The Marion facility reported an operating loss of $189 million in the last fiscal year, leading the board of directors to conclude that turning a profit at this location would be unfeasible in the foreseeable future.

Major Blow to Marion Toyota's Largest US Plant Shuts Down, Over a Thousand Jobs Lost
“Marion reels as Hino Motors decides to close its main U.S. factory, citing difficulties in achieving sustainable profitability.”

Impact on the Workforce and Local Economy

The closure of Hino’s largest U.S. plant represents a significant blow to the local economy of Marion, Arkansas, which has long relied on the facility as a major employer. In response to the upcoming shutdown, state and local officials have pledged to support the affected employees, emphasizing their commitment to aiding workers during this transition.

Major Blow to Marion Toyota's Largest US Plant Shuts Down, Over a Thousand Jobs Lost
“In a tough blow to the local economy, over a thousand employees face uncertainty as Toyota’s largest U.S. plant plans closure by 2027.”

Future Plans for Hino Motors

Despite the closure of the Marion plant, Hino Motors plans to refocus its efforts on enhancing its U.S. truck operations. The company operates another truck manufacturing facility in West Virginia and maintains its administrative headquarters in Detroit. The shift in focus is seen as a strategic move to consolidate and strengthen Hino’s presence in the North American market.

Community and Company Responses

The company has promised to treat its departing Arkansas employees with “consideration and sincerity,” acknowledging the difficult nature of the transition. Community leaders and officials are actively discussing ways to mitigate the impact on the workforce and are exploring avenues to attract new business opportunities to the region.

Toyota’s Hino Motors: Marion Plant Closure Impact

As Hino Motors restructures its U.S. operations, the effects of the Marion plant closure will resonate through the local community and the broader automotive industry. The company’s strategic pivot towards truck manufacturing in other U.S. locations underscores the dynamic nature of the automotive manufacturing industry and the need for adaptability in the face of economic challenges.

Tags: Auto IndustryAuto PartsHino Motorsjob lossmanufacturing newsMarion closureToyotaU.S. economyU.S. plant

TRENDING

GitHub Launches New AI Agent to Fix Bugs, Add Features, and Revolutionize Coding for Developers---

GitHub Launches New AI Agent to Fix Bugs, Add Features, and Revolutionize Coding for Developers

May 23, 2025
Apple Delays Major AirPods Updates Until 2026, No New AirPods Pro in 2025

Apple Delays Major AirPods Updates Until 2026, No New AirPods Pro in 2025

May 23, 2025
Apple to Let EU Users Switch from Siri to Google Assistant or AlexaApple to Let EU Users Switch from Siri to Google Assistant or Alexa

Apple to Let EU Users Switch from Siri to Google Assistant or Alexa

May 23, 2025
Take-Two CEO Confirms Short Delay for GTA 6, No Further Postponements Expected

Take-Two CEO Confirms Short Delay for GTA 6, No Further Postponements Expected

May 23, 2025
Bluesky Tests New 'Live' Feature to Link Sports and Livestreams Directly from Profiles

Bluesky Tests New ‘Live’ Feature to Link Sports and Livestreams Directly from Profiles

May 23, 2025
iPhone 17 Air Leaked Battery and Weight Details Spark Excitement Ahead of Launch

iPhone 17 Air – Leaked Battery and Weight Details Spark Excitement Ahead of Launch

May 23, 2025
Qualcomm Snapdragon 8 Elite 2: What to Expect from the 2025 Flagship SoC

Qualcomm Snapdragon 8 Elite 2 – What to Expect from the 2025 Flagship SoC

May 23, 2025
Epic Games Takes Apple to Court to Bring Fortnite Back to iOS Store

Epic Games Takes Apple to Court to Bring Fortnite Back to iOS Store

May 23, 2025
  • Contact Us
  • Terms
  • Privacy
  • Copyright
  • About Us
  • Fact Checking Policy
  • Corrections Policy
  • Ethics Policy

Copyright © 2023 GadgetInsiders.com

No Result
View All Result
  • Android
  • Apple
  • Gaming
  • iOS
  • PC
  • Phones
  • Playstation
  • Reviews
  • Samsung
  • Xbox

Copyright © 2023 GadgetInsiders.com.