Toyota will increase production of the Lexus RX its plant in Cambridge
Toyota Motor Manufacturing Canada Inc. (TMMC) announced today that it will invest more than $ 100 million and will employ nearly 400 employees to increase production of vehicles Lexus RX its plant in Cambridge, Ontario. The total production capacity of the Lexus RX increase of 30,000 vehicles and will increase to 104,000 units, which includes the production of 15,000 RX 450h hybrid / electric version of the popular Lexus. The investment will increase production capacity at Toyota Canada 500,000 units per year.
This is the second major investment announcement by Toyota this year in connection with his activities of Canadian manufacturing. In March, TMMC had announced an investment of $ 80 million in its plant in Woodstock, Ontario. With today's announcement, Toyota has directly created 800 new jobs in Canada this year, to a total of 7,300 employees.
"For almost nine years now, Canada is the only country producing Lexus vehicles outside of Japan," stressed the President of the Board of TMMC, Ray Tanguay. "The creation of jobs and the arrival of new technologies are good news for Canada. "
Toyota plans to increase its production of Lexus vehicles in early 2014. "This is an important and ambitious project binds a new technology, with high standards and tight deadlines," says the president has TMMC Brian Krinock. "Members of our team have watch many times they are stimulated by such challenges. "
In 2011, the governments of Canada and Ontario are associated with Toyota as part of a series of initiatives with several projects designed to maintain and enlarge Toyota manufacturing presence in Canada and promote the production of vehicles ecological and more fuel efficient.
"The creation of jobs, growth and prosperity in the long term is the main priority of our government and that is why we are pleased that Toyota increases its production plant in Cambridge," stated the Minister of Industry, the Honourable Christian Paradis. "Canada is a place of predilection for the manufacture of vehicles and we will continue to encourage investment by providing tax reliefs, by eliminating tariffs on machinery and equipment, and putting in place an enabling environment has the innovation and research and development. "
Minister of Economic Development and Innovation Minister Brad Duguid says the new in these terms: "Our government understands the decisive role of the manufacturing sector in the development and growth of the province. The investment announced by Toyota consolidates the important position occupied by Ontario in North America in regard to the assembly of vehicles. "