Toyota Motor North America's March announcement of $749 million in U.S. plant investments will include one far-flung infusion of capital that received scant notice. Toyota will spend $62 million at its aluminum engine parts subsidiary, Bodine Aluminum in Troy, Mo., to install tooling to produce lightweight cylinder heads for the Toyota New Global Architecture vehicle platform. Bodine, a Missouri aluminum supplier that Toyota acquired in 1990, makes 3 million cylinder heads a year. The plan will have Troy produce 864,000 new-generation TNGA engine heads. At the same time, Bodine is closing its St. Louis plant that produced aluminum parts for industrial and agricultural customers and moving its remaining work force to Troy to focus exclusively on Toyota's growing volume. The move to TNGA continues to drive Toyota investment at plants in Alabama, Kentucky, Tennessee and West Virginia.
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