Toyota announces US$461 million investment in Kentucky plant

📆 30/10/2021 07:30:00
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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.

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