Toyota Motor Manufacturing Canada today announced that it will invest more than $100 million to increase Lexus production at its Cambridge, Ontario facility.
It will also hire approximately 400 people for the same purpose. Overall Lexus capacity will increase by 30,000 vehicles to 104,000 units, including 15,000 RX450h vehicles, the SUV’s hybrid electric version.
Toyota wants to implement the expanded Lexus production in early 2014. TMMC currently builds the Toyota Corolla, Matrix, RAV4, RAV4 EV models and the Lexus RX model in plants located in Cambridge, ON and Woodstock, ON. Toyota’s Canadian subsidiary currently employs approximately 6,500.
“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,” said Mark Templin, Lexus General Manager.
The announcement is the latest in a series of Toyota North American production increase plans since February at plants in Indiana, West Virginia, Kentucky, Alabama and the second in Canada. Cumulative investment total is approximately $745 million and more than 1,500 jobs are being added.