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    New Passenger Reservation System Capable of generating over 1.5 lakh rail tickets per minute, i.e. about five times the current capacity of 32000 tickets in a minute, to be ready by year end.

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  • Home
  • World

    Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman Highlights Key Policy Measures to Promote Export-led Growth at Exim Bank’s Trade Conclave

    Tobacco control efforts protect 6.1 billion people – WHO’s new report

    MB Patil Showcases Karnataka’s Investment Potential During Denmark Roadshow

    Roche’s Lunsumio and Polivy combination significantly prolongs remission for people with relapsed or refractory large B-cell lymphoma

    | Meghna Ghodawa-
PHOTO CREDIT-

    Beat the monsoon greys in style with India’s first UPF resort-wear line by Meghna Ghodawat

    PHOTO CREDIT:The Jamaica Tourist Board (JTB)

    Jamaica Tourism Launches a Brand-New Campaign “70 Days of Jamaica Love” to Celebrate 70 Years of Jamaica

  • National
    • All
    • Economy & Politics
    • Election

    New Passenger Reservation System Capable of generating over 1.5 lakh rail tickets per minute, i.e. about five times the current capacity of 32000 tickets in a minute, to be ready by year end.

    Dharmendra Pradhan presides over kick-off programme for distribution of footballs as part of F4S at PM SHRI Kendriya Vidyalaya, Fort William, Kolkata

    Viksit Krishi Sankalp Abhiyan’ is not just a ritual, but a concerted effort by scientists to improve the condition of farmers- Union Minister Shivraj Singh Chouhan

    Rinac India Limited and Epta Announce Strategic Partnership to Elevate India’s Food Retail Refrigeration Landscape

    Jockey Woman continues to shape India’s intimate wear landscape with strategic expansion

    Live phone-in program from Bangalore Water Board on June 27th,2025.

  • Business

    Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, chaired the annual review meeting with MDs and CEOs of Public Sector Banks in New Delhi today

    Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman visits International Financial Services Centre (IFSC) at GIFT City, Gandhinagar, today

    Sarbananda Sonowal Inaugurates India’s First Maritime NBFC — Sagarmala Finance Corporation Limited (SMFCL)

  • Health

    Apollo Cancer Centres Launches ‘CanWin’.

    Protect and Perfect: How Face Yoga and Sunscreen Can Transform Your Skin

    Panasonic-partners-with-MeitY-Nasscom-Centre

    Panasonic partners with MeitY Nasscom Centre of Excellence (CoE) to accelerate innovation in Smart Residential Living

    Herbalife Logo

    Herbalife’s Aloin Identification Method for Aloe Vera Officially Recognized by AOAC INTERNATIONAL

    “Indian patients no longer need to look abroad for advanced treatment,” said Dr. Sharat Damodar, Senior Consultant, Haematologist and Head of Adult BMT at Narayana Health City, Bengaluru and Chairman of the Oncology Collegium at Narayana Health.

    WHO issues first global guideline to improve pregnancy care for women with sickle cell disease

  • Technology
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    U.S. Insurers to More than Double AI Investment in the Next 3-5 Years: Wipro Report

    Union Minister for Agriculture and Farmers Welfare Shivraj Singh Chouhan to visit Hyderabad on Monday

    Inaugural program of “Vidhan Soudha Guided Walking Tour” on May 25.

    LTIMindtree Signs MoU with IIM Mumbai to Launch Postgraduate Program for Executives in AI-led Experience Design

  • Auto

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    India Opens Doors to Global EV Giants with Portal Launch under SPMEPCI

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  • Sports

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  • Entertainment
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    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

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  • Lifestyle
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    Jockey Woman continues to shape India’s intimate wear landscape with strategic expansion

    Anantha Foods Opens Its Third Outlet in Bengaluru

    Board Games & Brews: McCafé hosts community Game Night

    Apollo Cancer Centres Launches ‘CanWin’.

    Protect and Perfect: How Face Yoga and Sunscreen Can Transform Your Skin

    Panasonic-partners-with-MeitY-Nasscom-Centre

    Panasonic partners with MeitY Nasscom Centre of Excellence (CoE) to accelerate innovation in Smart Residential Living

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Toyota Solidifies Its Substantial and Growing Investment in U.S.

FWM by FWM
March 15, 2019
in Business
0

Mar. 15, 2019

Company Throttles Up Investments from Original $10 Billion Commitment to nearly $13 Billion Over Five Years with Focus on Advancing Electrification, Creating Hundreds More American Jobs

  • By 2021, Toyota will now invest nearly $13 Billion in its U.S. operations with plans to add nearly 600 new jobs at American manufacturing plants
  • Hybrid versions of the popular RAV4 and Lexus ES to be produced in Kentucky for the first time
  • Production capacity increases and building expansions at Toyota’s unit plants in Huntsville, Alabama, Buffalo, West Virginia, Troy, Missouri and Jackson, Tennessee

Washington, DC (March 14, 2019)―For over 60 years Toyota has been growing its manufacturing presence in the United States, and today the company announced it will exceed its 2017 pledge to invest $10 billion over five years with a new commitment to reach nearly $13 billion over the same period.

Part of that commitment is seen today with an investment announcement of nearly $750 million in five different states, with more to come. The new investments include adding the Toyota RAV4 Hybrid, the best-selling SUV in the U.S., and Lexus ES 300 Hybrid vehicle production at its Georgetown, Ky. manufacturing plant; expanding engine capacity at its Huntsville, Ala. facility; doubling hybrid transaxle capacity at its plant in Buffalo, W.Va.; and a building expansion for additional castings at Bodine Aluminum’s Jackson, Tenn. facility as well as additional castings at its Troy, Mo. facility.

“These latest investments represent even more examples of our long-term commitment to build where we sell,” said Jim Lentz, chief executive officer for Toyota Motor North America. “By boosting our U.S. manufacturing footprint, we can better serve our customers and dealers and position our manufacturing plants for future success with more domestic capacity.”

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A state by state look at the new investments totaling $749 million and 586 new jobs

Alabama

Toyota Motor Manufacturing, Ala. (TMMAL) – $288,000,000

In Alabama, Toyota’s investment will increase annual engine capacity from 670,000 to 900,000 by the end of 2021 to increase product flexibility and better accommodate market demand. New 4-cylinder and V6 engine lines will add 450 new jobs to its Huntsville, Ala., facility, the largest hiring need in the plant’s history. The investment also includes a building expansion. Overall, the plant represents an investment of $1.2 billion.

Kentucky

Toyota Motor Manufacturing, Ky. (TMMK) – $238,000,000

Toyota’s Kentucky vehicle plant, the company’s largest globally, will begin production of the Lexus ES 300 Hybrid in May 2019 with annual capacity of 12,000 units while RAV4 Hybrid production will start January 2020 with an annual capacity of 100,000 units. TMMK’s 8,000 team members also build Camry, Camry Hybrid, Avalon, Avalon Hybrid and Lexus ES models with an annual capacity of 550,000 vehicles. Overall, the plant represents an investment of more than $7 billion.

Missouri

Bodine Aluminum Troy, Mo. – $62,000,000

Investments in Toyota’s Bodine Aluminum plant in Missouri will provide equipment to produce an additional 864,000 cylinder heads for Toyota’s New Global Architecture (TNGA.) Bodine’s 900 Missouri team members currently produce more than 3 million cylinder heads a year, which are made for every Toyota and Lexus manufactured in North America. Overall, the plant represents an investment of $455 million.

Tennessee

Bodine Aluminum Jackson, Tenn. – $50,000,000

The Tennessee investment includes a building expansion and equipment to double the capacity of hybrid transaxle cases and housings to 240,000 annually. The investment will also provide equipment to produce an additional 288,000 engine blocks a year for TNGA. The plant’s 300 team members currently produce 1.7 million engine blocks a year, which supply every Toyota and Lexus manufactured in North America, and 580,000 transmission cases and housings. Bodine will add 13 new jobs to its facility in Tennessee. Overall, the plant represents an investment of $365 million.

West Virginia

Toyota Motor Manufacturing, W.Va. (TMMWV) – $111,000,000

The West Virginia investment includes a building expansion and equipment to double capacity of hybrid transaxles from 120,000 units (Start of Production-2020) to 240,000 units annually in 2021. To meet the production demands, TMMWV will add 123 new jobs to its facility in Buffalo, WV. Overall, the plant represents a $1.4 billion investment.

Ongoing Additional Investment

Today’s news builds upon Toyota’s already expansive presence in the U.S. which includes ten manufacturing facilities. This past year, Toyota announced a joint venture with Mazda to build an additional plant in the U.S. The $1.6 billion joint investment will create up to 4,000 new jobs in Huntsville, Ala. with production slated for 2021. Meanwhile, Toyota’s Princeton, Ind., plant is undergoing a $600 million transformation (previously announced) to incorporate TNGA and increase Highlander capacity by 40,000 units annually. With this, Toyota is adding 400+ people to its team in Indiana. In Blue Springs, Miss., Toyota is launching the all-new 2020 Corolla on the TNGA line that included a $170 million investment and an increase of 400 jobs (previously announced.) Currently, Toyota employs more than 37,000 Americans.

Tags: RAV4 and Lexus ES
FWM

FWM

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