Current:Home > reviewsToyota to invest $922 million to build a new paint facility at its Kentucky complex -消息
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
View
Date:2025-04-15 22:46:56
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! (8259)
Related
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Georgia university leaders ask NCAA to ban transgender women from sports
- Reese Witherspoon and Ryan Phillippe's Daughter Ava Phillippe Reveals How to Pronounce Her Last Name
- How a poll can represent your opinion even if you weren’t contacted for it
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Some East Palestine derailment settlement payments should go out even during appeal of the deal
- Céline Dion Shares Emotional Reaction to Kelly Clarkson's My Heart Will Go On Cover
- Billie Eilish says she's never talking about her sexuality 'ever again' after controversy
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Honolulu’s dying palms to be replaced with this new tree — for now
Ranking
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Jets' head coach candidates after Robert Saleh firing: Bill Belichick or first-time hire?
- In ‘Piece by Piece,’ Pharrell finds Lego fits his life story
- Who is Jeff Ulbrich? New York Jets name DC interim head coach
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Second minor league umpire sues MLB, alleges firing was retaliation for sexual assault complaint
- Not everything will run perfectly on Election Day. Still, US elections are remarkably reliable
- Don’t count on a recount to change the winner in close elections this fall. They rarely do
Recommendation
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Honolulu’s dying palms to be replaced with this new tree — for now
The Deepest Discounts From Amazon's October Prime Day 2024 - Beauty, Fashion, Tech & More up to 85% Off
The sports capital of the world? How sports boosted Las Vegas' growth
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
MLB will air local games for Guardians, Brewers and Twins beginning next season
Father, 6-year-old son die on fishing trip after being swept away in Dallas lake: reports
The most popular 2024 Halloween costumes for adults, kids and pets, according to Google