Company remains committed to reinvesting in
U.S. manufacturing operations, environmental sustainability and
stable employment
GEORGETOWN, Ky., Dec. 12,
2024 /PRNewswire/ -- Transformation continues at
Toyota Kentucky with a $922 million
investment to build a new advanced paint facility and further
support electrification efforts. The facility is designed to
improve operational efficiencies, reduce environmental impacts, and
enhance the quality of vehicle finishes.
Scheduled to open in 2027, the facility will add 1 million
square-feet of capacity while decreasing carbon emissions by 30
percent and water usage by 1.5 million gallons per year. The
project further supports plant efforts to increase flexibility for
future vehicle production and moves Toyota forward in its goal to
achieve zero carbon emissions by 2050.
The initiative builds on the company's latest paint technologies
to reduce production lead time, improve process accuracy and offer
more diverse color options that helps Toyota vehicles stand
out.
"Not only will our customers get the dynamic and stylish
exterior finishes they love, but Toyota's commitment to advanced
paint technologies goes beyond aesthetics," said Kerry Creech, president of Toyota Kentucky. "It
encompasses efficiency, sustainability and quality, leading the
industry in environmentally responsible manufacturing."
This news follows a $1.3 billion
investment announced earlier this year at the Georgetown site to bring assembly of an
all-new, three-row battery electric SUV to the U.S. market in 2026.
Toyota's investment in Kentucky
reaches more than $11 billion since
breaking ground in 1986, underscoring the automaker's promise of
stable employment.
"This year alone more than $2
billion is being reinvested in this plant," said Creech. "As
the company and industry evolves, we remain committed to putting
our team members first, ensuring long-term job security."
With approximately 10,000 employees, Toyota Kentucky is a
thriving operation responsible for assembly of some of the most
popular nameplates in the entire Toyota lineup, including the Camry
Hybrid and RAV4 Hybrid.
"Kentucky and Toyota have
formed a winning partnership over the past 40 years that has been
transformational for families throughout the commonwealth, and this
latest investment builds on that tradition of success. Thank you to
the leaders at Toyota for once again investing in Kentucky and our incredible workforce," said
Kentucky Governor Andy Beshear.
Since 2020, Toyota has announced new investments of more than
$20 billion into its U.S.
manufacturing operations to support electrification efforts.
Increasing BEV production in the U.S. advances Toyota's portfolio
approach to electrification.
About Toyota
Toyota (NYSE:TM) has been a part of the
cultural fabric in the U.S. for more than 65 years, and is
committed to advancing sustainable, next-generation mobility
through our Toyota and Lexus brands, plus our nearly 1,500
dealerships.
Toyota directly employs nearly 48,000 people in the U.S. who
have contributed to the design, engineering, and assembly of more
than 34 million cars and trucks at our 11 manufacturing plants. In
2025, Toyota's plant in North
Carolina will begin to manufacture automotive batteries for
electrified vehicles. With more electrified vehicles on the road
than any other automaker, Toyota currently offers 30 electrified
options.
To help inspire the next generation for careers in advanced
manufacturing, Toyota launched its in-person tour booking platform
and virtual tour experience at
www.TourToyota.com allowing guests to schedule a live
tour to see several of our U.S. manufacturing facilities in action
or visit all plants virtually from anywhere around the globe.
For more information about Toyota,
visit www.ToyotaNewsroom.com.
Media Contact:
Kim
Ogle
Kim.ogle@toyota.com
502-868-2135
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SOURCE Toyota Motor North America
