Toyota Motor Manufacturing Canada Inc. (TMMC) announced yesterday that it will invest more than $100 million and hire approximately 400 team members to increase Lexus production at its Cambridge, Ontario facility.
Overall yearly Lexus capacity will increase by 30,000 vehicles to 104,000 units, including 15,000 hybrid electric RX450h.
Toyota is targeting early 2014 for expanded Lexus production.
“This is a big and ambitious project with new technology, exacting standards and tight timelines,” said TMMC President, Brian Krinock. “Our team members have demonstrated time and time again that they thrive on these kinds of challenges.”
TMMC currently manufactures the Toyota Corolla, Matrix, RAV4, RAV4 EV models and the Lexus RX model in plants located in Cambridge, ON and Woodstock, ON. The company currently employs approximately 6,500.
“The team members at TMMC have shown tremendous dedication to creating high-quality Lexus vehicles,” said Mark Templin, Lexus general manager. “With rising demand for our RX 450h hybrids, moving that production to an award-winning North American plant is great news for Lexus. We look forward to partnering with TMMC to continue the tradition of manufacturing outstanding RX luxury utility vehicles.”