Toyota investing $374 million at five existing US factories

September 26, 2017 by John Raby

Toyota Motor Corp. announced a $374 million investment Tuesday at five U.S. plants to support production of its first American-made hybrid powertrain.

The upgrades at Toyota's factories in Alabama, Kentucky, Missouri, Tennessee and West Virginia are part of a previously announced $10 billion in U.S. spending by the Japanese automaker. It "underscores Toyota's confidence in the capability and global competitiveness of our North American manufacturing," Jeff Moore, Toyota North America's of manufacturing, said in a statement.

Toyota said 2.5-liter engines made in Kentucky and transmissions produced in West Virginia will be used in North American-made hybrid vehicles, such as the Highlander SUV manufactured in Princeton, Indiana.

Toyota will create 50 jobs at its Huntsville, Alabama, plant, which will build engines for its cost-saving New Global Architecture production strategy to share common parts and components among different vehicles. None of the other upgrades announced Tuesday will result in immediate net job gains.

The investment includes $106 million at the Huntsville plant, a $121 million expansion of a 2.5-liter engine capacity at Toyota's Georgetown, Kentucky, plant, and $115 million to add hybrid vehicle transmission production in Buffalo, West Virginia.

Toyota also is investing $17 million to increase production of 2.5-liter cylinder heads at its Bodine Aluminum facility in Troy, Missouri. A $14.5 million upgrade at a Bodine plant in Jackson, Tennessee, will accommodate production of hybrid transmission cases and housings and 2.5-liter engine blocks.

"This investment is part of our long-term commitment to build more vehicles and components in the markets in which we sell them," said Toyota Motor North America CEO Jim Lentz.

Explore further: Toyota's quarterly profit improves on strong sales

Related Stories

Recommended for you

Volumetric 3-D printing builds on need for speed

December 11, 2017

While additive manufacturing (AM), commonly known as 3-D printing, is enabling engineers and scientists to build parts in configurations and designs never before possible, the impact of the technology has been limited by ...

Tech titans ramp up tools to win over children

December 10, 2017

From smartphone messaging tailored for tikes to computers for classrooms, technology titans are weaving their way into childhoods to form lifelong bonds, raising hackles of advocacy groups.

Mapping out a biorobotic future  

December 8, 2017

You might not think a research area as detailed, technically advanced and futuristic as building robots with living materials would need help getting organized, but that's precisely what Vickie Webster-Wood and a team from ...

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.