Toyota Is Making A Huge Investment In American Workers
Toyota is celebrating 40 years since opening its first factory in America with a massive investment in its Kentucky plant and surrounding communities. The company will spend nearly $1 billion on the Kentucky plant and $200 million on its Indiana plant, as part of a $10 billion investment over the next five years.
Toyota is investing nearly $1 billion in its Kentucky plant to increase production capacity. The plant will add a second electric vehicle line and increase production of the Camry and RAV4. Another $200 million will be invested in Toyota's Indiana plant to increase production of the Grand Highlander. This investment is part of Toyota's $10 billion plan to enhance production in the US over the next five years. The company has built over 14 million vehicles in the US since opening its first factory in 1986. Toyota is also supporting local communities with $4 million for STEM education and $400,000 for a manufacturing engineering program.
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