News Formal

Toyota announces US$461 million investment in Kentucky plant

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 99%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Toyota is investing US$461 million into its first U.S. plant to add new technology, increase production flexibility and reduce its carbon footprint, the company said Friday in a statement.

GEORGETOWN, Ky. -

Plans include upgrading the Georgetown plant with advanced manufacturing equipment and technologies that will increase speed, flexibility, and competitiveness, the statement said. That includes improvements to expand the plant's ability to manufacture new electric products. "As Toyota's most experienced assembly plant in the U.S. with a workforce of about 9,000, TMMK must transform physically and strategically to meet the changing needs of customers," said Susan Elkington, president of Toyota Motor Manufacturing Kentucky.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. companies announce plans for gene-edited strawberriesAn Idaho company that successfully brought genetically modified potatoes to the market announced an agreement Thursday to help a California-based plant breeding company grow strawberries they say will stay fresh longer and have a longer growing season. Buy local & support Canadian farmers.🇨🇦
Source: CTVNews - 🏆 1. / 99 Read more »