Toyota announces $461 million investment in Kentucky plant

Kentucky
Auto Sales Toyota

FILE – The Toyota logo is shown on a dealership in Manchester, N.H., in this Thursday, Aug. 15, 2019, file photo. Toyota plans to build a new $1.29 billion factory in the U.S. to manufacture batteries for gas-electric hybrid and fully electric vehicles. The plant location wasn’t announced, but the company said it eventually will employ 1,750 people and start making batteries in 2025, gradually expanding through 2031. (AP Photo/Charles Krupa, File)

GEORGETOWN, KY (AP) — Toyota says it is investing $461 million into its first U.S. plant to add new technology, increase production flexibility and reduce its carbon footprint.

The announcement Friday didn’t include new jobs at the central Kentucky facility, but officials said 1,400 temporary jobs would be converted into permanent positions.

The company said in a statement that plans include upgrading the Georgetown plant with advanced manufacturing equipment and technologies that will increase speed, flexibility, competitiveness and the ability to manufacture new electric products.

The company also plans to add a 2.4-liter turbo engine line, which will support expanding the range of vehicles produced in North America.

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