Toyotomi Kiko, a parts subcontractor of Toyota, will create 120 jobs at its auto body parts plant in Onnaing, northern France, where the car maker has a production unit, according to reports.
The production facility, in which €60 million euro ($US75 million) will be invested, will chiefly supply spare parts for older Toyota models, which are no longer manufactured, but still in use in Europe, Toyotomi reportedly said.
Construction of a 20,000 square metre plant should begin in February 2005 with the facility operational in autumn 2006. With an annual output of a million parts, the Onnaing plant will be the second Toyotomi Kiko unit outside Japan, after a US factory, built in 1998.
Toyota assembles 210,000 units of the Yaris model annually at its site in Onnaing.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData