Toyota Makes Additional Investments to Boost U.S. Manufacturing Facilities

Recently, Toyota reported that the company is investing an additional $373.8 million in five plants in the United States, with the stated goal of abetting production of the company's first American-made hybrid powertrain -- along with engines that support Toyota New Global Architecture (TNGA).

The investments will be distributed in this way:

  • Toyota Motor Manufacturing, Georgetown, KY: $120,960,000 to expand 2.5-liter engine production capacity
  • Bodine Aluminum, Jackson, TN: $14,500,000 to modify the plant accommodate production of 2.5-liter engine blocks and hybrid transmission elements
  • Toyota Motor Manufacturing, Buffalo, WV: $115,300,000 towards adding production of hybrid vehicle transmissions
  • Bodine Aluminum, Troy, MO: $17,050,000 to increase production of 2.5-liter engine cylinder heads
  • Toyota Motor Manufacturing, Huntsville, AL: $106,000,000 towards upgrading the plant's ability to build engines that complement TNGA

This investment, combined with with other previously-announced Toyota projects, brings the company's U.S. investment to $4.1 billion -- just shy of halfway to the $10 billion commitment announced by Toyota Motor Corporation CEO Akio Toyoda in January 2017.

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