EMCC European Monitoring Centre on Change

Toyota

Company/Organisation:
Toyota

Geographic Location

Country: United Kingdom
Region: Derby; Derbyshire and Nottinghamshire; East Midlands

Company

Sector: Manufacturing
Manufacture of transport equipment
29.1 - Manufacture of motor vehicles

Employment Effects

Announcement Date: 27-05-2004
Type of Restructuring: Business expansion
Planned Job Creation: 500

Additional Information

Toyota, the Japanese carmaker, said it would invest £ 50 million at its Burnaston plant near Derby. This will create a further 500 jobs taking the total workforce to 4,600. The investment will increase the plant’s capacity to build the Avensis and Corolla models, taking the total production numbers from 220,000 to 285,000 a year.