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Premier McGuinty Welcomes New Toyota Plant To Woodstock

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Premier McGuinty Welcomes New Toyota Plant To Woodstock

New Auto Assembly Plant Brings Jobs, Prosperity For People

Office of the Premier

WOODSTOCK -- Toyota's decision to locate a new automotive plant in Woodstock is a major boost for Ontario's plan to strengthen the province's economic advantage by developing the skills of our workforce, Ontario Premier Dalton McGuinty said today.

"This is further proof that our government's auto sector investments are achieving real results and delivering new, high-value, well-paying jobs," said Premier McGuinty while attending the official ground-breaking of the new plant in Woodstock.

"We're supporting these kinds of investments because we're determined to build the best-educated, most highly skilled and productive workforce in North America."

Toyota is investing $800 million to build the new plant, which will create 1,300 permanent jobs when completed in 2008. It is also expected to create many more jobs in the supplier, auto parts and aftermarket industries.

"This is a great win for our province," said Minister of Economic Development and Trade Joe Cordiano. "The auto industry drives our prosperity and quality of life and we're very proud that we acted quickly to support a competitive, strong auto industry in Ontario -- one that's attracting major investments and more good jobs to the province."

Ontario is providing $70 million to support skills training and infrastructure at the new Toyota plant. The government's auto sector investment strategy has attracted more than $4.5 billion in new automotive investment in just 18 months.

"By supporting our people, by investing in their health, their skills, and their prosperity, we're making Ontario the place to be," said Premier McGuinty.

"It's the place for progressive, innovative and successful companies like Toyota -- companies that are looking for the best people doing their best work."

Toyota's state-of-the-art new production facility in Woodstock is the first greenfield plant in Canada in more than a decade.


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