Toyota has announced an £88 million investment in its North Wales engine factory. It plans to build a new 4-cylinder, 1.3-litre engine which is scheduled to go into production late next year. The announcement is the second major investment at the Deeside plant in the past year, and takes the total investment by Toyota in North Wales to £700 million.
Tokuichi Uranishi, executive vice president of Toyota Motor Corporation said yesterday: “This announcement recognises the quality of the UK workforce and demonstrates Toyota’s confidence in our UK investment and continued effort towards local production.”
Along with Toyota’s car plant at Burnaston in Derbyshire, the UK has two of Toyota’s nine European manufacturing operations and employs over 4,900 people. Deeside currently produces three petrol engines at a rate of 185,000 a year while Burnaston assembled 277,854 Toyota Auris and Avensis cars last year. Production at Deeside began in September 1992 and in February last year the plant made its 3 millionth engine.