Toyota investing $749 million in five US plants, adding 586 jobs

Daniel Fowler
March 15, 2019

The investment is part of the company's $13 billion investment aimed at expanding operations at its USA plants in West Virginia, Kentucky, Alabama, Missouri and Tennessee by 2021, creating almost 600 new jobs.

On Thursday Toyota allocated $750 million of that total to facilities in Alabama, Kentucky, Missouri, Tennessee and West Virginia.

"Doubling our production of hybrid transaxles in West Virginia solidifies our facility's role in producing next generation engines and transmissions that will drive the future of Toyota's advanced mobility technology".

"These latest investments represent even more examples of our long-term commitment to build where we sell", said Jim Lentz, chief executive officer for Toyota Motor North America.

"There is so much good that comes along with this expansion of our Toyota plant, and the very best part is knowing that it will bring over 100 new jobs to our state for hard-working West Virginians", Justice said. Then the next year they'll begin building the V6 engine.

Cech dreaming of ending career with Europa League glory
For his side, the focus must always be simple. "There's a long way to go but with performances like that, we can compete". He set up Ainsley Maitland-Niles for the second ten minutes later to put the Gunners ahead on away goals.

The plan is to start ramping up production in 2020.

"They deserve to know if they're a security threat", he said. This is a $3 billion increase from their 2017 announcement when they pledged to invest $10 billion.

"We are especially grateful that workers in Central Kentucky will not only benefit from the strong consumer market for SUVs by producing the RAV4 Hybrid starting in January 2020 but also from the Lexus ES 300 Hybrid production this year", U.S. Sen. The company is funneling $288 million into the Huntsville plant.

The automaker is spreading the additional investments among several plants.

Gov. Matt Bevin praised the announcement, saying, "To see this progress, to have a partner like Toyota, to be able to have somebody that is as truly as fine a corporate citizen of the world - and I mean this with respect to every other company, many of whom are here - I cannot think of a finer. corporate citizen as Toyota has been, at every turn, in every community, how blessed we are to have you". $500 thousand of that will go directly to Huntsville and Decatur through the "Alabama Network of Family Resources Centers". Officials from the company say literacy is a fundamental part of career preparedness.

Other reports by

Discuss This Article