Toyota is investing $461 million into its first U.S. plant so as to add new expertise, enhance manufacturing flexibility and scale back its carbon footprint, the corporate stated Friday in a press release.
The announcement did not embody new jobs on the central Kentucky facility, however officers stated 1,400 momentary jobs can be transformed into everlasting positions in an effort to enhance recruiting, retain prime expertise and supply a extra inclusive work atmosphere.
Plans embody upgrading the Georgetown plant with superior manufacturing tools and applied sciences that can enhance velocity, flexibility, and competitiveness, the assertion stated. That features enhancements to increase the plant’s potential to fabricate new electrical merchandise.
The corporate additionally plans so as to add a 2.4-liter turbo engine line, which is able to assist increasing the vary of automobiles produced in North America.
“As Toyota’s most skilled meeting plant within the U.S. with a workforce of about 9,000, TMMK should remodel bodily and strategically to satisfy the altering wants of consumers,” stated Susan Elkington, president of Toyota Motor Manufacturing Kentucky.
Kentucky Gov. Andy Beshear praised the announcement and stated the state appears ahead “to being part of Toyota’s way forward for electrification.”
The plant will proceed to construct the Camry, Camry Hybrid and RAV4 Hybrid, however manufacturing of the Lexus ES and Lexus ES Hybrid will shift again to Japan in 2024.
The plant started its transformation in 2017 with a $1.3 billion funding to equip the power with the Toyota New International Structure manufacturing platform and a brand new paint operation.
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Toyota pronounces $461 million funding in Kentucky plant (2021, October 29)
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