Toyota's $383 Million Investment In America Means Big Business

TheToyota Alabamaplant will get a new four-cylinder production line that will give it the capacity to produce more ICE and hybrid electric powertrains. The footprint of the plant will expand by 114,000 square feet, even though it already has the capacity to build 900,000 engines annually. Since building the plant in 2003, Toyota has invested nearly $1.5 billion in it.

Toyota Kentuckywill be expanding the flexibility of the four-cylinder engine range announced for it last year. The plant's powertrain facility can produce up to 600,000 units per year.

This plant is also Toyota's biggest plant globally and is responsible for a total of seven Toyota and Lexus models. These models include theLexus ES Hybrid, Camry, andRAV4 Hybrid. It also builds six-cylinder engines. To date, Toyota has invested $8.5 billion in the Kentucky economy.

Toyota Missouri's investment provides new equipment to build four-cylinder engine heads on three production lines. So far Toyota has invested $564 million in this plant. It currently has the capacity to produce three million cylinder heads annually.

Toyota Tennesseewill update equipment to build new four-cylinder engine blocks. The plant has the capacity to produce more than 2 million engine blocks annually and represents a $425 million investment.

Toyota's US operations currently produce half of the vehicles it sells locally, and its North American facilities produce 76 percent of vehicles sold here.

This is merely the first of many steps in a $5.1 billion investment in US-based manufacturing facilities to support its electrification efforts.