Toyota is to set up its first European parts manufacturing operation at a former steelyard in Rotherham. It expects to create 400 jobs by 2005.
The Japanese car maker’s subsidiary Toyoda Gosei will produce rubber door seals at the factory to supply its car assembly plants in Burnaston, Derbyshire, and Valenciennes, France.
The Department of Trade and Industry contributed a £1.7m Regional Selective Assistance grant towards the £32m project. Local training and enterprise councils will contribute up to £800,000. The factory will be built by December, with production starting at the end of 2000.
The investment was announced by Trade and industry secretary Stephen Byers and Toyoda Gosei president Tokio Horigome during Byers’ recent visit to Japan.