Current:Home > ContactToyota to invest $922 million to build a new paint facility at its Kentucky complex -LegacyBuild Academy
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
View
Date:2025-04-18 12:58:56
GEORGETOWN, Ky. (AP) — Toyota said Thursday it will build a new paint facility as part of a $922 million investment at its factory complex in Georgetown, Kentucky, making it the second big addition announced this year at the automaker’s largest global manufacturing plant.
In February, the company said it would invest $1.3 billionat its Kentucky complex, in part so it can build an all-new three-row electric SUV to be sold in the U.S.
Neither project will add any new jobs at the facility, which now employs about 10,000 workers. However, the investments reinforce Toyota’s commitment to long-term job stability, the company said.
The new paint facility, scheduled to open in 2027, will add 1 million square feet of capacity while decreasing carbon emissions by 30% and water usage by 1.5 million gallons per year, Toyota said.
It will enable the company to offer more diverse color options for its vehicles, the company said.
“Toyota’s commitment to advanced paint technologies goes beyond aesthetics,” said Kerry Creech, president of Toyota Kentucky. “It encompasses efficiency, sustainability and quality, leading the industry in environmentally responsible manufacturing.”
The project also will increase flexibility for future vehicle production and advances Toyota’s goal to achieve zero carbon emissions by 2050, the automaker said.
Toyota’s investment in the Bluegrass State has surpassed $11 billion since breaking ground at the central Kentucky site in 1986. Georgetown is 16 miles (26 kilometers) north of Lexington, Kentucky.
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
veryGood! (29)
Related
- Global Warming Set the Stage for Los Angeles Fires
- NASA's Dragonfly preparing to fly through atmosphere of Saturn's moon Titan
- Born after Superstorm Sandy’s destruction, 2 big flood control projects get underway in New Jersey
- Belgian police are looking for a Palestinian man following media report he could plan an attack
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Georgia agency gets 177,000 applications for housing aid, but only has 13,000 spots on waiting list
- Kylie Jenner Makes Cheeky Reference to Timothée Chalamet Amid Budding Romance
- Live updates | Israel’s bombardment in Gaza surges, reducing buildings to rubble
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Rachel Bilson Shares She’s Had Multiple Pregnancy Losses
Ranking
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Chris Pratt sparks debate over childhood trophies: 'How many do we gotta keep?'
- Cheryl Burke Confronts Former Bachelorette Host Chris Harrison Over Claim He Called Her a Sloppy Drunk
- Abracadabra! The tale of 'The World’s Greatest Magician' who vanished from history
- The Super Bowl could end in a 'three
- New report from PEN America documents vast book bannings in U.S. prisons
- 'Dream come true:' Diamondbacks defy the odds on chaotic journey to World Series
- USPS touts crackdown on postal crime, carrier robberies, with hundreds of arrests
Recommendation
Trump wants to turn the clock on daylight saving time
Eye of Hurricane Otis makes landfall near Mexico’s Acapulco resort as catastrophic Category 5 storm
German authorities halt a search for 4 sailors missing after 2 ships collided in the North Sea
Richard Roundtree, star of 'Shaft,' dies at 81
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Support for Israel becomes a top issue for Iowa evangelicals key to the first Republican caucuses
UAW expands strike to General Motors' largest factory, where SUVs including the Chevy Tahoe are made
Wisconsin Republicans float changes to win approval for funding Milwaukee Brewers stadium repairs