Current:Home > ScamsToyota 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
View
Date:2025-04-13 12:46:20
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! (9766)
Related
- Former longtime South Carolina congressman John Spratt dies at 82
- Mazda, Toyota, Harley-Davidson, GM among 224,000 vehicles recalled: Check car recalls here
- Movie armorer’s conviction upheld in fatal ‘Rust’ set shooting by Alec Baldwin
- Pete Rose dies at 83: Social media mourns MLB, Reds legend
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Rebel Wilson and Ramona Agruma Make Debut as Married Couple During Paris Fashion Week
- Murders, mayhem and officer’s gunfire lead to charges at Brooklyn jail where ‘Diddy’ is held
- Gavin Creel, Tony Award-Winning Actor, Dead at 48 After Battle With Rare Cancer
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- ‘Sing Sing’ actor exonerated of murder after nearly 24 years in prison
Ranking
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Nobody Wants This Creator Erin Foster Reveals Heartwarming True Story That Inspired the Netflix Series
- Pregnant Brittany Mahomes Shares Why She’s “Always Proud” of Patrick Mahomes
- Kris Kristofferson was ‘a walking contradiction,’ a renegade and pilgrim surrounded by friends
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Rebel Wilson and Ramona Agruma Make Debut as Married Couple During Paris Fashion Week
- Kendra Wilkinson Teases Return to Reality TV Nearly 2 Decades After Girls Next Door
- USOPC leader Sarah Hirshland on Jordan Chiles appeal: 'She earned that medal'
Recommendation
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
The US is sending a few thousand more troops to the Middle East to boost security
Halloween costumes for 'Fallout,' 'The Boys' and more Prime Video shows: See prices, ideas, more
Madelyn Cline Briefly Addresses Relationships With Pete Davidson and Chase Stokes
Questlove charts 50 years of SNL musical hits (and misses)
Drake Hogestyn, ‘Days of Our Lives’ star, dies at 70
Colorado family sues after man dies from infection in jail in his 'blood and vomit'
Criminals set up fake online pharmacies to sell deadly counterfeit pills, prosecutors say