Toyota Grand Highlander SUV
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How Will Toyota's $1B Investment Boost U.S. Production Capacity?
ZACKS· 2026-03-24 14:25
Key Takeaways Toyota Motor is investing $1B to expand production capacity in Kentucky and Indiana facilities.$800M will boost Camry and RAV4 output in Kentucky, while $200M supports Grand Highlander in Indiana.The move aligns with Toyota's broader $10B U.S. plan amid tariffs and evolving trade regulations.Toyota Motor Corporation (TM) announced a $1 billion investment in its manufacturing facilities in Kentucky and Indiana to better serve the diverse needs of U.S. customers.This funding is part of Toyota’s ...
Toyota to invest $1 billion to increase U.S. production in Kentucky, Indiana plants
CNBC· 2026-03-23 16:15
Production of the Toyota Camry at the automaker's plant in Georgetown, Kentucky.Toyota Motor on Monday announced it would spend $1 billion at two U.S. plants as part of a plan to invest up to $10 billion domestically over the next five years.The new investments include $800 million at a plant in Georgetown, Kentucky, to increase production capacity of the automaker's Camry sedan and RAV4 crossover. The remaining $200 million is to increase capacity for the Toyota Grand Highlander SUV at a plant in Princeton ...