Toyota to spend EUR 40 million on expansion

Initially it will construct an additional production facility in its Walbrzych factory, where it assembles engines and gear boxes. Later it will expand its production facility in Jelcz-Laskowice, where it produces diesel engines. "The scale of investments will be substantial," said an anonymous informer. According to legal stipulations required for receiving a state subsidy, the investment's value must exceed EUR 40 million or it has to create at least 250 new jobs. "There are no plans to expand any of the facilities. The only investment project which will be carried out is related to leveling part of the plot on the territory of the factory in Walbrzych," said Grzegorz Górski, spokesman for Toyota. (Puls Biznesu, pp. 1, 7) M.M.