Report: Toyota looking to shift some Lexus RX production from Japan to Canada

Discussion in 'Industry News' started by NewsBot, Jul 27, 2012.

  1. NewsBot

    NewsBot Grand Toyotaholic

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    In an effort to reduce the Yen's impact on its bottom line, Toyota says it will invest $100 million in its Cambridge, Ontario plant to increase output of the Lexus RX CUV. The Ontario factory is Toyota's only Lexus producer outside of Japan.

    "This is a big and ambitious project with new technology, exacting standards and tight timelines," Brian Krinock, president of Toyota's Canada manufacturing unit, said in a press release. "Our team members have demonstrated time and time again that they thrive on these kinds of challenges."

    The expansion will take the plant's Lexus capacity from 74,000 units a year to 104,000, including 15,000 RX 450h hybrids. By the time production begins in early 2014, the plant is expected to have added about 400 new jobs and take overall employment to 6,900 workers.Continue reading Toyota looking to shift some Lexus RX production from Japan to Canada

    Toyota looking to shift some Lexus RX production from Japan to Canada originally appeared on Autoblog on Fri, 27 Jul 2012 09:15:00 EST. Please see our terms for use of feeds.



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