Toshiba To Supply Drive Motors For Ford (F) Electric Cars, Will Expand US Manufacturing

Toshiba announced today it will begin construction to expand capacity at a plant in Houston, Texas and begin production on drive motors for Ford Motor (F) hybrid and electric cars the following year.  The plant will be the first phase of production in the US for electric car drive propulsion systems which it currently manufacturers in Japan.  The company is expanding its manufacturing capacity which includes production of on board control systems to batteries, inverters and drive motors.

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“We welcome Toshiba’s decision to locate this new production in the United States,” said Sherif Marakby, Director, Electrification Programs and Engineering, Ford Motor Company. “This key technology will help build U.S. capacity and supply of components to further enable vehicle electrification in the North American market.”

Ford Motor (F) finished down 3% today and continues to consolidate after the torrid run in 2009. 

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