Toyota announces $1 billion investment at Kentucky, Indiana plants

Toyota $TM +0.55% said Monday it was committing $1 billion to a pair of U.S. factories, with the bulk directed to its Georgetown, Kentucky plant — the automaker’s largest vehicle manufacturing facility in the world.

The announcement allocates $800 million to the Kentucky plant and $200 million to a facility in Princeton, Indiana. The Kentucky funds are earmarked to prepare the plant for a second battery electric vehicle and to expand production capacity for the Camry sedan and RAV4 crossover. The Indiana allocation will increase capacity for the Grand Highlander SUV.

Related Content

OnlyFans owner Leo Radvinsky dies of cancer at 43

FedEx raised its outlook and its stock jumped 8% — with a freight spinoff still on the way

“Toyota’s investment in the U.S. is for the long-term, tied to our philosophy of building where we sell and buying where we build,” Mark Templin, executive vice president and chief operating officer of Toyota Motor North America, said in a statement.

The investments are part of a commitment Toyota made in November 2025 to spend up to $10 billion at its U.S. plants over the next five years, the company said. CNBC reported that the November commitment came roughly a month after President Donald Trump said during a speech that the Japanese automaker would make a domestic investment of that size.

The news coincides with the 40th anniversary of the Kentucky plant, which has produced more than 14 million vehicles since opening and employs 10,000 workers. The Indiana facility is marking its 30th year of production, with 7,300 workers on staff, the company said.

Toyota Kentucky also announced $4 million in new grant funding for STEM education programs in Scott and Fayette County schools, bringing total funding in the effort to more than $11 million, along with $400,000 for a manufacturing engineering program at Eastern Kentucky University.

The automotive industry has faced increased costs from tariffs under the Trump administration. CNBC reported that Toyota put the bill for U.S. tariffs at 1.4 trillion yen for its current fiscal year, which closes this month.

Toyota directly employs nearly 48,000 people across 11 U.S. manufacturing plants, the company said.

📬 Sign up for the Daily Brief

Our free, fast and fun briefing on the global economy, delivered every weekday morning.

Sign me up

The Crude Oil Rally Is Reshaping Defensive Stock StrategiesInflation risks are resurfacing with crude elevated. These stocks are well-positioned to benefit from the rotation.Seeking Alpha |

SponsoredSponsored

Read More

Undo

Buy The Dip: Best Stocks with Forward EPS Growth Above 40%Discover three ‘Strong Buy’ stocks with forward EPS growth above 40% after the recent pullback.Seeking Alpha |

SponsoredSponsored

Read More

Undo

Use an AI Writing Tool That Actually Understands Your VoiceImprove grammar, word choice, and sentence structure everywhere you work. Write better with Grammarly.Grammarly |

SponsoredSponsored

Install Now

Undo

今の暮らしにぴったりの備えを保障を見直し中のあなたへ、シンプルなこくみん共済であなたに合う保障をチェック！全国労働者共済生活協同組合連合会 |

SponsoredSponsored

Undo

Play War Thunder now for freeFight in over 2000 unique and authentic Vehicles. Fight on Land, on Water and in the Air. Join the most comprehensive vehicular combat game. Over 2000 tanks, ships and aircraft.War Thunder |

SponsoredSponsored

Play Now

Undo

Not a typical dating platformOpen This If You’re Tired Of Being IgnoredGoldenAgeSouls |

SponsoredSponsored

Read More

Undo

Get started today!Use ForecastEx contracts to trade your view on economic and climate indicators at IBKR!Interactive Brokers |

SponsoredSponsored

Learn More

Undo

バイヤーおすすめカメラ特集プロ厳選のマストアイテムAmazon.co.jp |

SponsoredSponsored

Undo

自宅がこんな金額で売れるなんてホームズの売却査定なら【無料】で最大10社までまとめて比較可能LIFULL HOME’S |

SponsoredSponsored

詳細

Undo

Beyond Text Generation: An AI Tool That Helps You Write BetterImprove grammar, word choice, and sentence structure everywhere you work. Write better with Grammarly.Grammarly |

SponsoredSponsored

Install Now

Undo

家を売るときに後悔したくない不動産会社によっては、査定額に500万円以上の差が出ることもLIFULL HOME’S |

SponsoredSponsored

詳細

Undo

つらい花粉症状に１日１回24時間！医療用と同成分・同量配合！コンタック |

SponsoredSponsored

Undo

Start trading like a professional today!Over 2 million investors in 200+ countries and territories trade on 150+ global exchanges in up to 28 currenciesInteractive Brokers |

SponsoredSponsored

Learn More

Undo

The best used cars to buy right now: Consumer ReportsQuartz

Undo

The 7 best compact SUVs right nowQuartz

Undo

現在進行形のデンマークデザイン。『BoConcept』から登場した、〈atelier axo〉 ダイニングコレクション。&Premium × BoConcept |

SponsoredSponsored

詳細

Undo

バイヤーおすすめポータブル電源プロ厳選のマストアイテムAmazon.co.jp |

SponsoredSponsored

Undo

Looking for Senior Dating?Try To Find Senior Dating OnlineUkrainiancharm |

SponsoredSponsored

Click Here

Undo

〈ロイヤル コペンハーゲン〉の春を連れてくるテーブルウェア。&Premium × Royal Copenhagen |

SponsoredSponsored

詳細

Undo

Need a mouse that has unmatched performance?Upgrade Your Setup with the PX2 Metal 2.4G Wireless Mute Mouse Experience the perfect blend of sleek design and whisper-quiet performance with the PX2 Metal Wireless Mouse.TM Enterprises |

SponsoredSponsored

Shop Now

Undo

MOST POPULAR

Elizabeth Holmes’ prison sentence keeps getting shorterQuartz

Undo

MOST POPULAR

10 travel destinations that give you the most for your moneyQuartz

Undo

妊婦の3人に1人が「孤立感」。子育て世代が求めるサポートは？リアルな声から考えたハフポスト日本版 |

SponsoredSponsored

Undo

花粉に！速攻！夜飲めば１日中効果続く！コンタック |

SponsoredSponsored

Undo

「情報が玉石混合で…」リアルな声から考える、子育て世代に求められるサポートハフポスト日本版 |

SponsoredSponsored

Undo