June 30, 2005
Toyota confirms new auto plant to be built in Woodstock, Ontario
Woodstock, Ontario – Toyota announced that it will construct a new plant to build the RAV4 sport utility vehicle in Woodstock, Ontario. The new plant will open in 2008 and will have the capacity to build 100,000 vehicles annually. The Woodstock facility is the first all-new assembly plant in Canada in almost 20 years, represents an $800 million dollar investment, and will employ 1,300 workers.
Atsushi Niimi, the recent former president of Toyota Motor Manufacturing North America (TMMNA) and now a senior managing director of Toyota Motor Corporation (TMC), noted the benefits of the Woodstock location.