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Toyota reveals £7m Deeside investment

Date added: 12/02/2016






Toyota is to build the next generation of hybrid engines at its North Wales plant as part of an investment totalling more than £7m.

The investment will help to safeguard the future of the facility, which employs about 500 staff.

Toyota will invest £7m to build the new 1.8-litre hybrid engines, while the move is being supported by a £700,000 grant from the Welsh Government.

The hybrid engines will be exported to Turkey and be built into a model based on the Toyota C-HR concept (pictured).

Engine plant director Jim Crosbie said: "Toyota has a long and successful record of building engines in North Wales. This announcement is a big vote of confidence in the high skills, quality and commitment of our workforce.

"Deeside was chosen to be Toyota’s first plant in Europe to manufacture a hybrid engine and we are proud to have delivered on that opportunity and to have now been selected to build this next generation hybrid engine."

Economy minister Edwina Hart, who is visiting the site today (11 February 2016), added: "This is excellent news and I am delighted this very significant investment has been secured for Toyota’s facility on Deeside.

"It will not only provide a platform for growth in what is an extremely competitive market but will help secure the long term sustainable future of the plant and safeguard skilled, well-paid jobs in the region."


Read more at insidermedia.com



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