Japanese machine tool company Toyoda have visited Coventry to see their new European
headquarters taking shape.
Toyoda - part of the Toyota and Daihatsu empire - is relocating to a purpose built
complex on the Leofric Business Park, just off the Eastern by-pass.
The company, a leading machine tool manufacturer for the automotive industry, is
investing more than a £1 million in the 12,000 sq ft complex and could double in size
during the next few years.
They have bought the site from Coventry-based Deeley Properties, whose sister company
GW Deeley Ltd is also designing and building the new headquarters, which will replace
Toyoda's present base in Rugby.
Peter Deeley, of Deeley Properties, said:
"I think it is great news that such a well-known industrial name as Toyoda has
opted for Coventry. Every area competes for Japanese investment and with our tradition in
the engineering industry, particularly in the automotive sector, its decision will be
The announcement follows hot on the heels of Solaglas' decision to base their UK
headquarters on the Leofric Business Park.