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Toyota looking to shift some Lexus RX production from Japan to Canada

by Chris Tutor (RSS feed) on Jul 27th, 2012 at 9:15AM

In an effort to reduce the Yen's impact on its bottom line, Toyota says it will invest $100 million in its Cambridge, Ontario plant to increase output of the Lexus RX CUV. The Ontario factory is Toyota's only Lexus producer outside of Japan. "This is a big and ambitious project with new technology, exacting standards and tight timelines," Brian Krinock, president of Toyota's Canada manufacturing unit, said in a press release. "Our team members have demonstrated time and time again that they thrive on these kinds of challenges." The expansion will take the plant's Lexus capacity from... Read More

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