Toyota Reinforces U.S. Presence With New Investments

Toyota has announced a US$1.3 billion investment at its flagship Kentucky facility in the United States. Particularly, it will focus on future electrification efforts including the assembly of an all-new, three-row battery electric SUV.

Thus, the project brings the plant’s total investment to nearly US$10 billion and reinforces Toyota’s commitment to high-quality vehicles.

The investment supports the previously announced future BEV assembly at Toyota Kentucky. It also adds a battery pack assembly line to the facility, with batteries being supplied by Toyota Battery Manufacturing North Carolina. 

Toyota Bringing Battery Electric Vehicle Production to Kentucky

“You cannot think of the Bluegrass region and Scott County without thinking of Toyota,” said Kentucky Gov. Andy Beshear.

In addition, Beshear said, “We are grateful that they continue to invest in our commonwealth and continue to set a standard for high-quality, well-paying jobs for our citizens. Thank you, Toyota for yet another US$1 billion-plus investment coming to Kentucky.”

Reinforces U.S. Operations

Toyota Kentucky has been a hub of the automaker’s North American operations since 1986. Moreover, its nearly 9,400 team members have assembled some of the most beloved nameplates in the Toyota lineup. Namely, the Camry – America’s best-selling passenger car for 22 consecutive years.

“Today’s announcement reflects our commitment to vehicle electrification and further reinvesting in our U.S. operations,” said Kerry Creech, president of Toyota Kentucky. “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.”

Toyota stays committed to investing in its operational communities. Primarily, focusing on education and workforce development. Since making Kentucky home nearly four decades ago, more than US$154 million in local donations continue to make sizeable impacts in the Bluegrass state. The partnerships and support of 48 education and workforce training initiatives in 2023 alone have helped strengthen the foundation. 

Meanwhile, Chris Cohelia, group leader at Toyota Kentucky, said, “Every investment Toyota makes is proof of its commitment to employees.”

Since 2021, Toyota has announced new investments totaling US$17 billion into its U.S. manufacturing operations to support electrification efforts. Increasing BEV assembly in North America advances Toyota’s portfolio approach to electrification and commitment to building where we sell.