#ToyotaMotorManufacturingCanada
Toyota Has a Big Announcement for Canada Next Week
Toyota Motor Manufacturing Canada (TMMC) plans to make a major announcement on Monday regarding its North Plant in Cambridge, Ontario. These days, such news automatically drums up concerns of layoffs and factory closures. However, Toyota’s announcement sounds as though it will be relatively positive in nature, focusing on production changes.
While the corporate release gave no additional details as to what the announcement might entail, Toyota said the message will “will serve to further reaffirm Toyota’s commitment to manufacturing in Canada.”
Time to Retool: Toyota to Dump a Billion Loonies Into Ontario's RAV4 Plants
Toyota Motor Corp. is upgrading plants in Ontario to ready them for the next generation of the RAV4. The investment goes toward the retooling of two separate assembly lines at an estimated cost of one billion Canadian dollars (or roughly $780 million USD). While Toyota Motor Manufacturing Canada Woodstock will continue building the standard version of the crossover, TMMC Cambridge will handle the hybridized variant.
As a result, assembly of the Toyota Corolla will be moved out of Ontario and into Alabama, where the automaker is building a new facility via it’s recent partnership with Mazda. A portion of the funds going toward the project will also be reserved for research and development within the province.
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