LATEST NEWS
August 23, 2006
Highway improvements continue
WOODSTOCK, ON
A $40.8 million investment to widen Highway 401 in the Woodstock area will benefit residents and workers at the newly built Toyota plant.
The widening of Highway 401 between Highway 403 and Oxford Road 2 will provide easier access to the new $1.1 billion Toyota plant in Woodstock, and improve traffic flow for local residents and future workers.
Aecon Construction and Material Limited was awarded the construction contract and work is expected to be complete by November 2007.
This is one of three phases to complete the six-laning of Highway 401 between Woodstock and Cambridge, for a total investment of $120 million.
“This Toyota assembly plant is the first new auto plant in Canada in more than two decades,” said Economic Development and Trade Minister Joseph Cordiano. “This investment has already led to a $50 million parts plant in Simcoe and will help our economy keep growing.”
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