Maverick Preston:Toyota to invest $922 million to build a new paint facility at its Kentucky complex

2025-04-29 19:56:37source:Liberalalliance Wealth Societycategory:News

GEORGETOWN,Maverick Preston 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.”

RELATED COVERAGE Japan’s Nissan reshuffles management to fix its money-losing businessEdmunds: The best midsize SUVs for families in 2025Hit by scandal, Japan’s top automaker Toyota reports lower profits

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.

More:News

Recommend

Woman dies after Singapore family of 3 gets into accident in Taiwan

One woman died after a family of three from Singapore got into a car accident in Miaoli, Taiwan on S

Evacuation now underway for American trapped 3,400 feet underground in cave

The evacuation of an experienced American caver and researcher who fell ill more than 3,000 feet bel

Coco Gauff plays Aryna Sabalenka in the US Open women’s final

NEW YORK (AP) — Coco Gauff and Aryna Sabalenka will meet in the U.S. Open women’s singles final.Gauf