Program complements current Camry business
TROY, Mich., Feb. 20 -- INTERMET Corporation, a diversified manufacturer of cast-metal components, today announced that it has been selected as a supplier of engine cam covers for Toyota's new hybrid Camry. INTERMET's plant in Palmyra, Missouri, will die cast the magnesium cam covers for the 2007 Toyota Camry Hybrid, which goes into production later this year at Toyota Motor Manufacturing North America's (TMMNA) Georgetown, Kentucky, assembly plant.
INTERMET's cam cover will be assembled to Toyota's 2.4-liter, 4-cylinder gas/electric engine, part of the automaker's exclusive Hybrid Synergy Drive(R) system, which also is offered on Prius, Lexus RX 400h and select Highlander models. INTERMET's Palmyra Plant currently manufactures the cam cover for the Camry's standard gas-powered 2.4-liter 4-cylinder engine.
"We are pleased to be a supplier for this important TMMNA program," said Gary Ruff, INTERMET's President and CEO. "We see continued growth in consumer demand for automotive hybrid technology and we are proud to be working with an industry leader. Our own leadership in advanced casting materials and processes, along with our proven performance in quality and delivery, will continue to add value to Toyota's automotive products."
About INTERMET: With headquarters in Troy, Michigan, INTERMET Corporation is a leading manufacturer of powertrain, chassis/suspension and structural cast components for the automotive, commercial-vehicle and industrial markets. The company has approximately 5000 employees worldwide. More information is available on the Internet at http://www.intermet.com/ .