Toyota increases investment in Kentucky facility to $1.3 billion to produce battery electric vehicles

Feb. 6, 2024
Last year, the company shared that it would invest $591 million into the Toyota Motor Manufacturing, Kentucky facility to establish the company’s first U.S.-assembled battery electric vehicle.

Toyota has announced plans to increase its investment in its Georgetown, Kentucky, facility to $1.3 billion. Last year, the company shared that it would invest $591 million into the Toyota Motor Manufacturing, Kentucky (TMMK) facility to establish the company’s first U.S.-assembled battery electric vehicle (BEV), which is a three-row battery electric SUV. According to the company, the investment will be used to add a battery pack assembly line at the plant, with batteries to be supplied by Toyota Battery Manufacturing North Carolina. TMMK is currently Toyota’s largest production facility in the world, and nearly 9,400 employees work there. 

In a recent quote, Kerry Creech, president of Toyota Kentucky, said, “Today’s announcement reflects our commitment to vehicle electrification and further reinvesting in our U.S. operations. Generations of our team members helped prepare for this opportunity, and we will continue leading the charge into the future by remaining true to who we are as a company and putting our people first for generations to come.”



Investing in American Manufacturing - 2024

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About the Author

Alexis Gajewski | Senior Content Strategist

Alexis Gajewski has over 15 years of experience in the maintenance, reliability, operations, and manufacturing space. She joined Plant Services in 2008 and works to bring readers the news, insight, and information they need to make the right decisions for their plants. Alexis also authors “The Lighter Side of Manufacturing,” a blog that highlights the fun and innovative advances in the industrial sector. 

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