. Toyota to Expand in Canada - First
New Site for Auto Assembly Plant in Canada in Almost 20 Years
New plant to employ 1,300
team members; manufacture the RAV4
Photo: Toyota
Woodstock, Ontario - Toyota
announced that it will construct a new plant here employing 1,300 team
members to build the RAV4 sport utility vehicle. The new plant represents
an approximate C$800 million/US$650 million investment and will be
Toyota's second Canadian assembly plant. It is the first green field
automotive assembly facility in Canada in almost 20 years.
Additionally, Toyota
announced an expansion of Canadian Autoparts Toyota, Inc. (CAPTIN) in
Delta, British Columbia. As a result of the C$39.0 million/US$31.6 million
expansion, wheel capacity at the facility will increase by nearly 17
percent per year, starting in July 2007.
The new plant will open in
2008 and will have the capacity to build 100,000 units annually. Toyota
Motor Manufacturing, Canada, Inc. (TMMC) in nearby Cambridge, Ontario,
will manage the plant. TMMC builds the Toyota Corolla and Matrix and the
Lexus RX330 in Cambridge, where it employs 4,300 team members.
This new facility will boost
Toyota's manufacturing employment in Ontario to about 5,600.
