Toyota has announced a significant $1.3 billion investment in its flagship Kentucky facility, aimed at bolstering future electrification efforts, including the assembly of a new, three-row battery electric SUV for the U.S. market. This latest project brings the total investment in the plant to nearly $10 billion, reaffirming Toyota’s dedication to producing high-quality vehicles and ensuring long-term job stability.
The investment will support the previously announced plans for future battery electric vehicle (BEV) assembly at Toyota Kentucky, along with the addition of a battery pack assembly line within the facility. These batteries will be supplied by Toyota Battery Manufacturing North Carolina.
Kentucky Governor Andy Beshear expressed gratitude for Toyota’s ongoing investment in the state, highlighting the company’s role in providing quality jobs and setting standards for economic growth. Toyota Kentucky has been integral to the automaker’s North American operations since 1986, employing nearly 9,400 team members and producing renowned vehicles like the Camry.
Kerry Creech, president of Toyota Kentucky, emphasized the company’s commitment to vehicle electrification and reinvesting in U.S. operations. Toyota’s focus on workforce development and community support, with over $154 million in local donations and numerous education initiatives, further demonstrates its dedication to its operational communities.
Chris Cohelia, a group leader at Toyota Kentucky, shared his experience as a testament to Toyota’s commitment to employees, citing job stability, competitive pay, and growth opportunities. Since 2021, Toyota has announced a total of $17 billion in new investments in its U.S. manufacturing operations to support electrification efforts, aligning with its strategy to expand BEV assembly in North America.