National Business Digest


NATION

Toyota plans to reduce production in U.S.

TOKYO — Toyota Motor Corp. said Wednesday it will reduce production in the United States to cope with slowing sales in the world’s largest economy.

Toyota will stop production at all its plants in the U.S. and Canada for two extra days in addition to the regular Christmas holidays next month, and cut about half of 500 temporary workers at a plant in Georgetown, Ky., by March, company spokeswoman Kayo Doi said.

Beginning January, Japan’s top automaker plans to reduce production of the Sienna minivan at its Indiana plant, and slow a line for the Camry and Avalon sedans at the Kentucky plant, Doi said. At New United Motor Manufacturing Inc. in Fremont, Calif., — its joint venture with General Motors Corp. — Toyota will eliminate a shift producing the Tacoma pickup truck.

REGION

F.N.B. declares dividend

HERMITAGE, Pa. — F.N.B. Corp. has declared a dividend on its common stock of 24 cents a share. The dividend is payable on Dec. 15 to shareholders of record as of the close of business Dec. 1.

Associated Press