Toyota Motor Europe

Type
Business expansion
Country
Belgium
Region
Vlaams Gewest; Prov. Vlaams-Brabant; Arr. Halle-Vilvoorde
Location of affected unit(s)
Zaventem
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.1 - Manufacture of motor vehicles
29.1 - Manufacture of motor vehicles
200 jobs
Number of planned job creations
Job creation
Announcement Date
25 January 2006
Employment effect (start)
Foreseen end date

Description

Toyota announced on 25 January 2006 that the expansion of the Toyota Motor Europe Technical Centre in Zaventem, Belgium, has been completed.

The expansion-aimed at strengthening Toyota's product-development competitiveness in the diversifying European market-means that the centre will now handle body engineering for all Toyota models to be produced in Europe, as well as diesel engine evaluation for all Toyota models to be sold in Europe. The expansion represents an additional investment by Toyota in the TME Technical Centre of €75 million and includes plans for the creation of approximately 200 more jobs.

Sources

  • 25 January 2006: the auto channel

Citation

Eurofound (2006), Toyota Motor Europe, Business expansion in Belgium, factsheet number 62903, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/62903.