Toyota's $1 billion bet on Kentucky and Indiana plants

Toyota said Monday it was committing $1 cardinal to a brace of U.S. factories, with the bulk directed to its Georgetown, Kentucky works — the automaker's largest conveyance manufacturing installation successful the world.

The announcement allocates $800 cardinal to the Kentucky works and $200 cardinal to a installation successful Princeton, Indiana. The Kentucky funds are earmarked to hole the works for a 2nd artillery electrical conveyance and to grow accumulation capableness for the Camry sedan and RAV4 crossover. The Indiana allocation volition summation capableness for the Grand Highlander SUV.

"Toyota's concern successful the U.S. is for the long-term, tied to our doctrine of gathering wherever we merchantability and buying wherever we build," Mark Templin, enforcement vice president and main operating serviceman of Toyota Motor North America, said successful a statement.

The investments are portion of a committedness Toyota made successful November 2025 to walk up to $10 cardinal astatine its U.S. plants implicit the adjacent 5 years, the institution said. CNBC reported that the November committedness came astir a period aft President Donald Trump said during a code that the Japanese automaker would marque a home concern of that size.

The quality coincides with the 40th day of the Kentucky plant, which has produced much than 14 cardinal vehicles since opening and employs 10,000 workers. The Indiana installation is marking its 30th twelvemonth of production, with 7,300 workers connected staff, the institution said.

Toyota Kentucky besides announced $4 cardinal successful caller assistance backing for STEM acquisition programs successful Scott and Fayette County schools, bringing full backing successful the effort to much than $11 million, on with $400,000 for a manufacturing engineering programme astatine Eastern Kentucky University.

The automotive manufacture has faced accrued costs from tariffs nether the Trump administration. CNBC reported that Toyota enactment the measure for U.S. tariffs astatine 1.4 trillion yen for its existent fiscal year, which closes this month.

Toyota straight employs astir 48,000 radical crossed 11 U.S. manufacturing plants, the institution said.