Toyota Opens New Engine Plant in Porto Feliz, São Paulo
- New Facility represents an investment of 18 billion JPY (US$ 170 million) and employs approximately 320 people.
- Carmaker's first engine manufacturing facility in Latin America ushers in new chapter for regional operations With a capacity of 108,000 engines per year
- Similar to Toyota's new Karawang, Indonesia engine plant, technological advancements reduced initial investment costs by 40 percent compared to 2008
May 10, 2016
São Paulo, May 10, 2016 -- Today, Toyota do Brasil LTDA (TDB) officially opens its new engine manufacturing facility in the city of Porto Feliz. Built on a plot of land that covers an area of 872,500 m2
(9.39 million sq. ft.), the new facility represents an investment of 18 billion JPY (conversion to 580 million Brazilian R$ or 170 million USD) and approximately 320 direct jobs in the region. With this new manufacturing operation, Toyota reinforces its commitment to the Brazilian economy and increases its support for Latin America and the Caribbean region as a whole. In this, the company remains steadfast to a corporate mission of the betterment of society.
For more details, go to: http://newsroom.toyota.co.jp/en/detail/mail/12019023