Toyota investing $750M at 5 US plants, creating 600 jobs

Toyota USA headquarters in Plano. Photo: Toyota

BUFFALO, W.Va. (AP) — Toyota Motor Corp. says it is investing an additional $750 million at five U.S. plants that will bring nearly 600 new jobs.

The Japanese automaker announced the latest expansion of its U.S. presence Thursday, bringing to nearly $13 billion the amount it will spend by 2021.

The new investments are at facilities in Alabama, Kentucky, Missouri, Tennessee and West Virginia. Those facilities were part of a 2017 announcement for a $374 million investment to support production of its first American-made hybrid powertrain.

The company’s Georgetown, Kentucky, plant will produce hybrid versions of Lexus ES 300 sedans starting in May and the RAV4 SUV starting in January 2020. Both vehicles are now made in Canada and Japan

Toyota also is spending $62 million to boost production at its Troy, Missouri, facility.

SHARE

RELATED CONTENT

Labrador retriever most pup-ular US dog breed for 28th year Arts and crafts see special counsel Robert Mueller as icon Powerball grows to $550 million as jackpot goes unclaimed again Devastating floods still rolling through Midwest, with more rain expected Woman who climbed Statue of Liberty on July 4 may see prison time Alleged gunman in twin mosque massacres that left 50 dead practiced at gun range where members spoke of ‘zombie apocalypses’: Military veteran
Comments