Toyota plans $ 461 million investment to modernize and expand production at Georgetown plant

Toyota Motor Manufacturing Kentucky Inc. (TMMK) in Georgetown announced the transition of 1,400 indirect employees to direct roles at Toyota and will invest $ 461 million in upgrades, including preparation for future vehicle electrification.

The improvements will increase TMMK’s ability to produce new products, including future electrification.

“As the most experienced Toyota assembly plant in the United States, TMMK must transform physically and strategically to meet changing customer needs,” said Susan Elkington, president of TMMK. “I have confidence in our highly skilled team members who keep us moving forward every day as we prepare for the future of advanced manufacturing, whatever the product.

Toyota Production Engineering and Manufacturing Center in Georgetown (Photo form Toyota)

The investment in TMMK will bring advanced equipment and manufacturing technology, increase the plant’s operational speed and flexibility, and add a new line of 2.4-liter turbo engines to support an expanded range of vehicles produced. in North America. The project also includes a new direct hiring structure. Approximately 1,400 indirect team members, currently employed by Kelly Services, will be offered a direct position with Toyota, along with any new hires.

The Georgetown site was Toyota’s first plant in the United States to manufacture hybrid electric vehicles, in 2006, and recently announced that it would assemble fuel cell modules for use in heavy-duty commercial hydrogen trucks at from 2023. The plant also plays a key role in Toyota’s global electrification strategy, with the ambitious goal of offering electric or hybrid versions of each vehicle model by 2025.

With a total of $ 8.5 billion invested, TMMK is Toyota’s largest production facility in the world and currently employs approximately 9,000 team members. Opened in 1988, over 12 million vehicles rolled off TMMK’s assembly lines, including the best-selling US sedan (Camry) and best-selling SUV (RAV4). Current production capacity is approximately 550,000 vehicles and 600,000 engines per year, with a supplier base of more than 350 suppliers nationwide, including more than 100 in Kentucky.

“Kentucky’s auto industry is growing at a record pace, and Toyota Motor Manufacturing Kentucky is at the center of that growth,” Governor Andy Beshear said. “Toyota changed the manufacturing landscape in our state when the Georgetown plant opened over 30 years ago, and now the company is preparing for future growth. I am delighted that the future includes Kentucky in a meaningful way. “

Kentucky’s auto industry comprises more than 525 facilities, employing more than 100,000 full-time people. Including Toyota’s investment, auto-related companies have announced more than $ 6.5 billion in new investment this year and 6,900 full-time jobs for Kentuckians.

TMMK has also helped stimulate foreign direct investment by Japanese companies in the Commonwealth. Currently, nearly 200 Japanese-owned manufacturing, service and technology facilities are located across the state, employing nearly 47,000 full-time people.

For more information on TMMK, visit www.toyota.com.

From the governor’s office

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