Toyota Motor Corp. announced 2 August that it will invest €145m in its Polish manual transmission plant in Jelcz-Laskowice, 25km southeast of Wroclaw.
The company will set up new facilities and upgrade existing production lines and hire an additional 260 workers. Toyota already employs close to 3,000 workers at its two plants in Poland. To date, Toyotas investments in Poland have amounted to €600m.
Toyota Motor Manufacturing Poland (TMMP), producing engines and transmissions, will thus increase its capacity to 720,000 transmission units by mid-2009 from the current 600,000.