Corolla production may be moving to Mexico, but Toyota is investing $100 million in Cambridge
Last week, Toyota announced a multi-year plan to realign its manufacturing operations in North America. You’ve probably heard about Corolla production moving to Mexico, because it made for good headlines. What you probably didn’t hear about was how much more Toyota will be investing in Canada to build bigger, better Toyotas.
Once Corolla production begins in Mexico in 2019, Toyota Motor Manufacturing Canada will transform its Cambridge, Ontario north plant to switch from producing Corollas to mid-sized, higher-value vehicles, marking Toyota’s first major reinvestment in the plant since it opened in 1997. Toyota will also make significant new investments over several years in TMMC’s assembly plants in Cambridge and Woodstock, Ontario. This means that Toyotas will continue to be made in Ontario.
Toyota will realign production at its Cambridge and Woodstock, Ontario assembly plants; all three plants will then produce mid-sized vehicles of higher value. Major modifications will be made to the two assembly plants in Cambridge and the one in Woodstock.
The Woodstock plant will continue to manufacture the RAV4, a vehicle competing in a rapidly growing segment. The Cambridge South Plant will continue to build the Lexus RX 350 and 450h, the newest models of which were recently unveiled.
Toyota’s newest North American manufacturing facility in central Mexico will now produce the Corolla. This state-of-the-art plant will feature the latest production engineering innovations, employ approximately 2,000 team members and have the capacity to produce 200,000 units annually.