Toyota Motor Manufacturing Canada (TMMC) will increase RAV4 compact SUV production at its Woodstock, Ontario assembly plant from 150,000 annual capacity to 200,000 vehicles, the automaker announced on Wednesday.
Ultimately, this CAN$80m investment will result in about 400 new jobs between now and implementation in early 2013.
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TMMC chairman Ray Tanguay said, “We are optimistic that the market is coming back and we’re grateful for the strong sales of the RAV4 in the North American market, which has created this increase in production and jobs.”
The North American RAV4 is larger than the version sold in other markets and engine options include a petrol V6.
TMMC also currently manufactures the Corolla, Matrix and Lexus RX350 in its plants in Cambridge, ON and one plant in Woodstock, ON. It is the only Toyota unit outside Japan to build Lexus.
The operation employs 6,500 workers.
