Released on: September 7, 2007, 8:46 am

Press Release Author: IRIS Conseil

Industry: Automotive

Press Release Summary: WOODSTOCK, Ontario — The Ontario Government is investing $8.7
million in new jobs and leading-edge ideas at Toyota Boshoku Canada’s auto parts
plant, announced Minister of Economic Development and Trade Sandra Pupatello.

Press Release Body: ONTARIO GOVERNMENT ANNOUNCES $8.7 MILLION INVESTMENT TO
TOYOTA BOSHOKU CANADA CREATING 365 JOBS IN WOODSTOCK

WOODSTOCK, Ontario — The Ontario Government is investing $8.7 million in new jobs
and leading-edge ideas at Toyota Boshoku Canada’s auto parts plant, announced
Minister of Economic Development and Trade Sandra Pupatello.

“We’re working hard with Ontario manufacturers to create more jobs and greater
opportunities for all Ontarians,” said Pupatello. “We’re celebrating 365 new jobs
in Woodstock. That’s something the Ontario government is very proud of. And we’re
repeating success like this over and over again across the province.”

Toyota Boshoku’s $87.3 million investment includes building a 25,000 square metre
plant that will manufacture front and rear seats, interior door trim and other
interior products for the RAV4 vehicle model produced at Toyota Motor Manufacturing
Canada’s Woodstock plant.

The Toyota Boshoku Canada investment is provided under the Ontario government’s
Advanced Manufacturing Investment Strategy (AMIS). The $500-million strategy
provides repayable loans, interest free for up to five years, to support investments
in technology and innovation. The innovative projects supported by this strategy
will generate more than $600 million in new investment and support the creation or
retention of about 4,000 jobs.

“We are proud to call Woodstock home to Toyota Boshoku Canada’s first Canadian
facility,” said Haruo Murase, President of Toyota Boshoku Canada. “The skilled
workers of Woodstock and the surrounding region will help us reach the next level of
competitiveness and success. We couldn’t have found a better place to do business.”

AMIS is part of the government’s overall strategy for jobs and prosperity that
includes investments in infrastructure, postsecondary education, stable energy
supply, research and innovation and key economic sectors.


For more information, contact:
Ray Lancashire, Media Relations, Invest Ontario
Ministry of Economic Development and Trade
Tel: (416) 326-1608
E-mail: ray.lancashire@ontario.ca



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Fax : 01 45 44 18 14
E-mail : c.arnal@iris-conseil.net
Site : www.iris-conseil.net