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Toyota Makes Massive $1.3 Billion Investment in Its Kentucky Factory

April 11, 2017

Via: Time

Toyota said Monday it is investing $1.3 billion to retool its sprawling factory in Georgetown, Kentucky, where the company’s flagship Camry sedans are built.

No new factory jobs are being added, but Toyota says the upgrades amount to the biggest single investment ever at one of its existing plants in the United States. The retooling also will sustain the existing 8,200 jobs at Toyota’s largest plant, where nearly one-fourth of all Toyota vehicles produced in North America are made, the automaker said.

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