Toyotetsu Canada invests $29.4M to expand Simcoe, Ontario plant

Toyotetsu Canada is investing $29.4 million to expand its manufacturing plant in Simcoe, Ontario, adding new capacity for Lexus RX parts and creating 26 jobs. The project is scheduled to be complete by spring 2020.

“The project will allow Toyotetsu to build a new line of parts for the Lexus RX, a crossover SUV, and reduce its reliance on imports.”canadianmanufacturing.com

• 2 sources
• canadianmanufacturing.comAuto Parts Firm Toyotetsu Canada Invests $29.4M To Expand Simcoe, Ont. Plant - Canadian ManufacturingDavid KennedySep 19, 2017
• autonews.comToyota supplier Toyotetsu expanding in Ontario to supply new Lexus, RAV4 - Automotive NewsGreg LaysonSep 20, 2017

Summarized from public sources; check the original articles before acting on it.