Toyota Tsusho America Inc. (TAI), a member of the Toyota Group, has purchased a property in Winston-Salem’s Whitaker Park. The Winston-Salem manufacturing plant is expected to generate 39 new jobs over five years, fostering further industrial growth and opportunities within the area. This investment follows Toyota’s 2021 announcment of a record-setting battery manufacturing plant at the Greensboro-Randolph Megasite in Liberty, North Carolina. At this new site, Toyota Tsusho will provide recycling and waste handling solutions for Toyota’s growing battery plant in Liberty.
Toyota Tsusho worked with Greater Winston-Salem Inc. and the Economic Development Partnership of North Carolina (EDPNC) to facilitate the location project. This development positions Winston-Salem to contribute to the state’s growing battery manufacturing sector, anchored by Toyota’s landmark $14 billion investment in Liberty. (In January, this $14 billion investment was recognized with Business Facilities’ top 2023 Deal of the Year Award. Entries are being accepted for the 2024 Deal of the Year Awards now.)
“Toyota Tsusho America’s commitment to innovation and sustainable growth remains at the forefront of our mission as we strive to create a better future for us all,” says TAI spokesperson. Katie Williams. “We are excited to join Winston-Salem’s thriving industrial sector and look forward to sharing more about this project closer to our launch in late 2025.”
“Interest from companies in the electric battery sector is growing in Winston-Salem and Forsyth County,” says Mark Owens, President and CEO of Greater Winston-Salem Inc. “Toyota Tsusho’s investment in Whitaker Park highlights the region’s advantages and showcases the ripple effect we are seeing throughout the Carolina Core as a result of the Toyota battery project.”…