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Toyota to invest $922 million to build new facility in Kentucky
Dec 12, 2024•over 1 year ago
Contract Type
investment
JapanManufacturingAutomotive
Description
Toyota Motor Manufacturing Kentucky has announced a $922 million investment to build an 'advanced paint facility' and additional support for its electrification strategy, which is expected to open in 2027. This investment is part of Toyota's commitment to reach environmental and operational goals, as well as to offer customers more diverse options in colors and customization for vehicles.
Company Information
Company
Toyota Motor Corporation
Location
Japan
About
Toyota Motor Corporation is a multinational automotive manufacturer headquartered in Japan. It is one of the largest automobile manufacturers in the world, renowned for its commitment to quality, innovation, and sustainability.