Current:Home > ContactToyota to invest $922 million to build a new paint facility at its Kentucky complex -×
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
Benjamin Ashford View
Date:2025-04-08 13:40:40
GEORGETOWN, Ky. (AP) — Toyota said Thursday it will build a new paint facility as part of a $922 million investment at its factory complex in Georgetown, Kentucky, making it the second big addition announced this year at the automaker’s largest global manufacturing plant.
In February, the company said it would invest $1.3 billionat its Kentucky complex, in part so it can build an all-new three-row electric SUV to be sold in the U.S.
Neither project will add any new jobs at the facility, which now employs about 10,000 workers. However, the investments reinforce Toyota’s commitment to long-term job stability, the company said.
The new paint facility, scheduled to open in 2027, will add 1 million square feet of capacity while decreasing carbon emissions by 30% and water usage by 1.5 million gallons per year, Toyota said.
It will enable the company to offer more diverse color options for its vehicles, the company said.
“Toyota’s commitment to advanced paint technologies goes beyond aesthetics,” said Kerry Creech, president of Toyota Kentucky. “It encompasses efficiency, sustainability and quality, leading the industry in environmentally responsible manufacturing.”
The project also will increase flexibility for future vehicle production and advances Toyota’s goal to achieve zero carbon emissions by 2050, the automaker said.
Toyota’s investment in the Bluegrass State has surpassed $11 billion since breaking ground at the central Kentucky site in 1986. Georgetown is 16 miles (26 kilometers) north of Lexington, Kentucky.
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
veryGood! (281)
Related
- Meet first time Grammy nominee Charley Crockett
- An Alabama Coal Plant Once Again Nabs the Dubious Title of the Nation’s Worst Greenhouse Gas Polluter
- Halloween candy sales not so sweet: Bloomberg report
- 'Snow White' first look: Disney reveals Rachel Zegler as live-action princess, delays film
- Federal hiring is about to get the Trump treatment
- 49ers QB Brock Purdy cleared to start against Bengals after concussion in Week 7
- More help arrives in Acapulco, and hurricane’s death toll rises to 39 as searchers comb debris
- Winners and losers of college football's Week 9: Kansas rises up to knock down Oklahoma
- Current, future North Carolina governor’s challenge of power
- Kazakhstan mine fire death roll rises to 42
Ranking
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Russia accuses Ukraine of damaging a nuclear waste warehouse as the battle for Avdiivika grinds on
- Olivia Rodrigo and when keeping tabs on your ex, partner goes from innocent to unhealthy
- Manhunt for Maine shooting suspect Robert Card prompts underwater searches
- Travis Hunter, the 2
- China’s foreign minister says Xi-Biden meeting in San Francisco would not be ‘smooth-sailing’
- Why Bachelor Nation's Catherine Lowe Credits Husband Sean Lowe for Helping to Save Their Son's Life
- Protect Your Car (and Sanity) With This Genius Waterproof Seat Hoodie
Recommendation
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
Lance Bass Weighs in on Criticism of Justin Timberlake After Britney Spears Memoir Release
Police: Live cluster bomblet, ammunition found with donation at southeastern Wisconsin thrift store
North Macedonia police intercept a group of 77 migrants and arrest 7 suspected traffickers
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Kazakhstan mine fire death roll rises to 42
How SNL Honored Matthew Perry Hours After His Death
Winning matters, but youth coaches shouldn't let it consume them. Here are some tips.