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Toyota to invest US170 million in Guanajuato

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Toyota to invest US170 million in Guanajuato

The investment goes to the plant of the auto giant in Apaseo el Grande and will generate 500 jobs The Japanese auto-maker confirms its trust in Gu

Standard Profil expands in Apaseo El Grande
A tiger lurks in Apaseo el Grande
More infrastructure in the East of Guanajuato

The investment goes to the plant of the auto giant in Apaseo el Grande and will generate 500 jobs

The Japanese auto-maker confirms its trust in Guanajuato as a successful auto industry center

Guanajuato/Gto News

Only 8 months after being inaugurated, Toyota will invest 170 million dollars to increase the capacity of its plant in Apaseo el Grande, Guanajuato.

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Creation of jobs

“We are really glad with this decision by Toyota, we are very proud that Guanajuato is still a spearhead in the creation of jobs”, said the Governor Diego Sinhue Rodriguez Vallejo.

With this investment Toyota will increase its capacity to produce the Tacoma truck and it will go from 100 thousand to 138 thousand units a year, starting in 2022, and it will supply these units in the North America auto market.

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The Governor of Guanajuato at the Toyota plant in Apaseo el Grande

A good use of USMCA

This investment is part of the benefits that Guanajuato is receiving after the signing of the USMCA and it will generate some 500 additional jobs for Guanajuatenses.

“I want to congratulate Toyota for fully using the USMCA, and I want to also thank them for their trust in Guanajuato and in our people”, said Rodriguez Vallejo.

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Thousand benefited

The Japaneses company employs now some 1,000 people directly, but indirectly it is estimated that it might benefit some 10 thousand people from other logistics companies and suppliers.

With investments like this, Guanajuato is confirmed as the most dynamic automotive cluster in Latin America and the State Government is commited to generate the conditions to attract more investments and jobs.

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At the Toyota plant in Apaseo el Grande, Guanajuato
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