Asian auto parts makers driving for South

Oct 02, 2013 | 01:46 PM | Corinna Petry

Tags  Hino Motors, Toyota Motor, Hyundai Dymos, Hyundai Motor, auto suppliers, Kia, new manufacturing plants, economic development assistance Arkansas Economic Development Commission

CHICAGO — Two Asian automotive suppliers will spend a combined $90 million to expand and open factories in the southern United States.

Hino Motors Manufacturing USA Inc., a wholly owned unit of Hino Motors Ltd. and the commercial truck division of Tokyo-based Toyota Motor Corp., will invest $55 million to expand its Marion, Ark., plant to increase capacity to manufacture axles, knuckles and suspension components for Toyota’s Tacoma, Tundra and Sequoia models, it said.....

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