Toyota Announces $1.33 Billion Investment in Kentucky Plant

Noria news wires
Tags: manufacturing

Toyota recently announced plans to invest a record $1.33 billion in its motor manufacturing plant in Georgetown, Kentucky. 

The investment, which is the highest of any automaker in Kentucky and the second-largest in state history, will enable the plant to begin producing vehicles using the Toyota New Global Architecture (TNGA). This vehicle development and production technology is intended to shorten the development cycle for vehicle improvements and new vehicles while retaining Toyota's values of quality and safety, and injecting a fun driving experience with more responsive handling. It also will facilitate a more flexible production environment, which will allow Toyota Kentucky to build better cars and respond quicker and more capably to customer demands.

"This is the largest investment in our plant's history, and it speaks directly to the quality of our people and our products, as well as the partnerships we've forged in the local community and across the state," said Wil James, president of Toyota Motor Manufacturing Kentucky (TMMK). "This major overhaul will enable the plant to stay flexible and competitive, further cementing our presence in Kentucky."

In addition to TNGA improvements, TMMK will undergo other makeovers that will modernize and streamline the production process, including updating equipment and construction of an all-new paint shop.

With 8,200 team members, Toyota Kentucky is the automaker's largest plant in the world. This number represents an all-time high after the plant recently added more than 700 people to support the upcoming launch of the 2018 Camry.

In 2016, TMMK produced nearly a quarter of the total number of Toyota vehicles produced in North America – over 500,000. In total, the plant has produced more than one-third – 11 million – of all Toyota vehicles manufactured in North America since 1986.

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