Toyotetsu Canada has announced plans to contruct its first automotive plant in Ontario, Canada.
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The plant will provide stamped and assembled parts to Toyota Motor Manufacturing in Cambridge and Woodstock.
Toyotetsu has acquired a 40-acre site in Simcoe, Norfolk county and the CAD$50m, 18,580 square metre plant will employ around 250 at start-up.
“Significant growth and expansion is expected within the first five years of operation,” a Norfolk County statement said.
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