Toyota Outlines 2019 Plans for Manufacturing in Mexico, Canada
Toyota announced that it plans to realign North American manufacturing operations in order to better support its Toyota New Global Architecture. This realignment not only involves the company’s move to Plano, Texas, but also includes a new $1 billion facility in Northern Mexico.
Toyota will spend $1 billion to build a new manufacturing facility in Guanajuato, Mexico that will be responsible for producing the Corolla. The plant will be the first new manufacturing plant built in North America since 2011 and is expected to employ around 2,000 and have an annual production output of 200,000 units when it opens in 2019. The first vehicle to be produced at the facility will be the 2020 Corolla.
Thereafter, Toyota Motor Manufacturing Canada says that the Cambridge, Ontario North Plant will transition out of manufacturing Corollas in favor of “mid-sized, higher-value vehicles.”
“We are thrilled to invest further in North America so we can better meet the needs of our customers for decades to come,” said Jim Lentz, chief executive officer of Toyota North America. “This strategic re-thinking of how and where we build our products will create new opportunities for our company, our business partners and our team members across the region.
“Our next-generation production facility in Mexico will be a model for the future of global manufacturing and set a new standard for innovation and excellence,” Lentz added. “Transforming our Canadian vehicle assembly plants is an equally important part of our strategic plan to position the North America region for sustainable long-term growth.”