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Toyota plans $461 million investment to modernize, expand production at Georgetown facility

Toyota Motor Manufacturing Kentucky Inc. (TMMK) in Georgetown has announced it will transition 1,400 indirect employees to direct Toyota roles and invest $461 million in upgrades, including preparation for future vehicle electrification.

The improvements will expand TMMK’s ability to produce new products, including future electrification.

“As Toyota’s most experienced assembly plant in the U.S., TMMK must transform physically and strategically to meet the changing needs of customers,” said Susan Elkington, president of TMMK. “I am confident in our highly skilled team members who drive us forward every day as we prepare for the future of advanced manufacturing, whatever the products might be.”

Toyota’s Production Engineering and Manufacturing Center in Georgetown (Photo form Toyota)

The investment at TMMK will bring advanced manufacturing equipment and technologies, increase the plant’s operational speed and flexibility, and add a new 2.4-liter turbo engine line to support an expanded range of vehicles produced in North America. The project also includes a new, direct hire employment structure. Approximately 1,400 indirect team members, currently employed through Kelly Services, will be offered a direct Toyota position, along with all new hires.

The Georgetown site was Toyota’s first plant in the U.S. to manufacture hybrid electric vehicles, in 2006, and recently announced it will assemble fuel cell modules for use in hydrogen-powered, heavy-duty commercial trucks starting in 2023. The plant also plays a critical role in Toyota’s global electrification strategy, with an aggressive goal to offer electric or hybrid versions of every vehicle model by 2025.

With a total of $8.5 billion invested, TMMK is Toyota’s largest production facility globally and currently employs approximately 9,000 team members. Opened in 1988, more than 12 million vehicles have rolled off TMMK’s assembly lines, including America’s best-selling sedan (Camry) and best-selling SUV (RAV4). Current production capacity is approximately 550,000 vehicles and 600,000 engines annually, with a supplier base of more than 350 suppliers nationwide – including over 100 in Kentucky.

“Kentucky’s automotive industry is growing at a record pace, and Toyota Motor Manufacturing Kentucky is at the center of that growth,” Gov. Andy Beshear said. “Toyota changed the landscape of manufacturing in our state when the Georgetown facility first opened more than 30 years ago, and now the company is preparing for future growth. I am thrilled that future will include Kentucky in a significant way.”

Kentucky’s automotive industry includes more than 525 facilities, employing over 100,000 people full-time. Including Toyota’s investment, automotive-related companies have announced over $6.5 billion in new investments this year and 6,900 full-time jobs for Kentuckians.

TMMK also has helped drive foreign-direct investment from Japanese-owned companies in the commonwealth. Currently, nearly 200 Japanese-owned manufacturing, service and technology-related facilities are located throughout the state, employing close to 47,000 people full time.

For more information on TMMK, visit www.toyota.com.

From Governor’s Office

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