Toyota to invest $567.7 million to upgrade its assembly plants in Ontario

Article by Christian A., on July 5, 2011

For the upgrade of Toyota's assembly plants in Ontario, a total of C$545 million ($567.7 million) will be invested by Toyota Motor Corp., together with the governments of Canada and the province of Ontario.

This investment is dubbed Project Green Light. Last Tuesday, the Canadian federal government and the Ontario government announced that each will invest C$70.8 million in these plants so that more jobs will be created in Ontario.

The auto industry is a major employer in Ontario but when the 2008-09 financial crisis struck, the industry was badly affected. Toyota's plants in North America have been working to return to normal levels after the disaster in Japan last March 11 had disrupted the supply of parts.

Toyota Canada produces the Toyota Corolla, Toyota Matrix, Toyota RAV4 and Lexus RX 350 vehicles at two of its plants in Cambridge, in southern Ontario, as well as at one plant in nearby Woodstock.

The plants have roughly 6,500 workers. Ray Tanguay, chairman of Toyota Motor Manufacturing Canada, said that the support from the federal and provincial governments is “very important” since it allows the company to prioritize initiatives and it helps to secure its “production footprint in Canada.”

This investment will make the plants more efficient and environmentally friendly. As part of the arious measures being planned, the paint shop at the Cambridge North plant will be upgraded so that it could switch to a water-borne system from a solvent-borne system. This will result to reduced emissions.

If you liked the article, share on:

Comments

Recommended

November 17 is considered a very special day for Tesla, as this is the day that they revealed the highly anticipated Tesla Semi. But Elon Musk did not think the...
by - November 17, 2017
More details have emerged about the new sixth generation of the BMW M3 just as the German premium practically announced the end of the current-gen 3 Series with the unveiling...
by - November 17, 2017
All is set for Volkswagen’s plans to enter the electric vehicle game, as prompted by the so-called Dieselgate scandal. In fact, the German carmaker has already made a commitment to...
by - November 17, 2017
As BMW has already revealed, the next generation of the BMW M5 (F90) is a four-wheel drive high-performance sedan with overwhelming power output and torque at its disposal. However, it...
by - November 17, 2017
McLaren unveiled a one-off Gold - on - Black 720S at the 2017 Dubai Motor Show which will be on display throughout the entire stretch of this week’s event. The...
by - November 16, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries